⛓️Blockchain Platforms Used
PassKash leverages both the Ethereum and Binance Smart Chain (BSC) blockchains to maximize flexibility, scalability, and accessibility. The PassKash Token (PKT) is available as both an ERC-20 and a BEP-20 token, allowing users to benefit from the unique features and advantages of each blockchain.
Ethereum Blockchain (ERC-20):
Decentralization: Transactions and operations on Ethereum are decentralized, ensuring that no single entity has control over the entire system.
Smart Contracts: Ethereum's ability to deploy and execute smart contracts allows PassKash to automate and secure various functions and transactions.
Scalability: With Ethereum's ongoing upgrades, such as Ethereum 2.0, the platform is continuously improving its scalability to handle a growing number of users and transactions.
Interoperability: Ethereum's compatibility with various tools and platforms enhances PassKash's ability to integrate with other financial systems and services.
Binance Smart Chain (BEP-20):
Lower Transaction Fees: BSC offers significantly lower transaction fees compared to Ethereum, making it more cost-effective for users.
Faster Transactions: BSC's higher transaction throughput ensures faster confirmation times, enhancing the overall user experience.
Cross-Chain Compatibility: BEP-20 tokens can be easily swapped with other tokens on the BSC network, providing greater flexibility and liquidity.
Growing Ecosystem: BSC's expanding ecosystem of decentralized applications (dApps) and services offers additional opportunities for integration and collaboration.
Last updated