Pascal
Crypto Overview
Purpose and Utility
Pascal (PASC) is a cryptocurrency designed to be a scalable blockchain with a focus on decentralized applications. It uses a unique technology called SafeBox, which allows for efficient blockchain storage and faster transaction processing. The project implements a proof-of-work consensus mechanism and aims to provide a platform for decentralized applications.
Business Model Assessment
The core functionality of Pascal revolves around legitimate blockchain technology use cases, including transaction processing and smart contract capabilities. The platform does not inherently involve any prohibited activities like gambling, interest-based lending, or adult content.
Real-World Adoption
Pascal has seen limited adoption in its ecosystem. While the network continues to process transactions and maintain security through its proof-of-work system, the level of active development and user engagement appears modest compared to larger blockchain platforms.
Development Activity
The project maintains an open-source codebase with periodic updates. While development activity exists, it is not as frequent as some more prominent blockchain projects. The core technology remains functional and maintained.
Token Distribution
Pascal's distribution model follows a proof-of-work mining system, similar to Bitcoin. There was no pre-mine or ICO, meaning tokens are distributed through mining rewards, which aligns with principles of fair distribution.
Crypto Impact
To assign a comfort level investing in Pascal from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Pascal.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.