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What Is Particl (PART)?

Particl stands out as both a privacy coin and a web3 platform dedicated to anonymous decentralized applications. Its primary offerings include the Particl Marketplace, a decentralized, eBay-style platform fostering private and unrestricted eCommerce, and BasicSwap, an anonymous cross-chain DEX platform supporting a variety of coins, like Monero. The core mission of Particl is to establish a digital economy that champions privacy, liberty, and freedom, completely independent of the global fiat system. The platform is designed to be compatible with a wide range of cryptocurrencies, aiming to make its benefits accessible to as many people as possible, thereby safeguarding their privacy and freedoms.

What is the PART Coin?

PART is the native privacy coin of the Particl platform. It uses RingCT to let you make untraceable currency transactions without revealing the sender, receiver, or amounts transferred.

PART also lets you take part in complex, confidential financial activities via the network’s anonymous dApps.

PART is the platform’s native privacy and utility coin. It is used for:

• Execute anonymous transactions that hide both the participants and amounts transferred
• Fees for processing transactions and storing data.
• Used as the settlement layer of Particl Marketplace
• Paying for publishing listings on Particl Marketplace.
• Used as moderation tokens when upvoting/downvoting content on Particl Marketplace.
• Used for governance votes to determine how network resources are allocated.

PART’s technical specifications:

• Based on the latest version of the Bitcoin codebase (currently 25.0)
• Particl Proof-of-Stake (PPoS), including cold staking and staking pools since 2017
• Block time of 2 minutes
• Segwit-enabled
• Taproot-enabled
• Confidential Transactions (CT) enabled
• RingCT-enabled

What is Particl Marketplace

Particl Marketplace is a decentralized, anonymous online marketplace similar to eBay but running exclusively on blockchain and P2P technology. It connects buyers and sellers across the globe, facilitating the trading of goods and services without borders, sales fees, or restrictions of any kind. This marketplace features a trustless, two-party escrow system, ensuring secure transactions between users who may not know each other, and all transactions are made using the PART privacy coin, thus maintaining anonymity from start to finish. The marketplace provides exceptional levels of user data protection as it doesn't generate any data or metadata, thus eliminating any risk of data leaks, mining, or misuse. Operating entirely on the Particl network, the marketplace functions autonomously, with each participating user's node contributing to its decentralization. This structure ensures there is no central authority or third-party involvement at any stage of the process.

What is BasicSwap DEX

BasicSwap is a privacy-focused, cross-chain, and atomic swap-based decentralized exchange (DEX) that enables trading of various cryptocurrencies, including Bitcoin, Monero, and Particl, without the need for intermediaries. Its distributed order book allows users to place or accept orders free of charge, facilitating trades in a free and open environment devoid of central points of failure. Developed as a countermeasure to not only the invasive data collection and privacy concerns prevalent in today's cryptocurrency exchanges, but also their custodianship risks, BasicSwap aims to provide a more reasonable and secure trading environment without fees. Its goal is to contribute to the growth of cryptocurrencies as a digital economy completely independent of the global fiat system.

Where Can I Learn More About Particl?

• Start with the Particl Academy, a rich resource filled with educational materials and tutorials covering various aspects of the Particl platform.
• For those seeking detailed technical insights, the Particl whitepaper is a comprehensive guide to the intricate components of our ecosystem.
• Stay updated with Particl News, our official blog where we post all the latest news, updates, and engaging stories about relevant topics.
• Check out our YouTube channel for informative video guides, interviews, and presentations from various events.
• And don't forget to check out our collection of useful links. There, you’ll find our social media accounts, chat platforms, explorers, and more, providing you with a wealth of information at your fingertips.