Exploring Plian (PI): Advantages, Functions and History – Bittime

In this article we are going to talk about Plian (PI), start from understanding it until the history of it. Learn all of it!

What's Plian (PI)?

Plian (PI) is a blockchain project that has its roots in Pchain, which was previously launched in 2018. Pchain, short for “public chain,” was created with the aim of democratizing the use of public blockchains, offering a more affordable and faster alternative to Bitcoin and Ethereum .

In 2021, Pchain underwent a rebrand to Plian, but retained its original vision and goals. Plian presents its crypto asset called PI.

Functions Plian (PI)

High Adaptability: Plian emphasizes high adaptability by creating a large number of sub-chains. This provides great flexibility in the use of blockchain according to various needs.
Pioneer in Decentralization: The project aims to be a pioneer in decentralization without sacrificing network speed. By opening up opportunities for actions that have no impact on network speed, Plian supports Web3 development.
Security Comes First: Plian prioritizes security in its operations. By implementing advanced security mechanisms, Plian is committed to protecting user transactions and assets.

History of Plian (PI)

Plian (PI) has a history closely linked to Pchain. In 2018, Dr. Feng Cao, the founder of the project, created Pchain with the vision of democratizing the use of blockchain. The rebranding from Pchain to Plian in 2021 reflects a push to create bigger and superior blockchain solutions.

How Plian (PI) Works

Plian operates as a blockchain backed by the crypto asset PI. This project has three main categories:

Building on Blockchain

Users can build sub-chains or develop ecosystems using smart contracts. It enables the development of decentralized applications (dApps) that can help drive innovation in the digital world.

Validation and Rewards

Users can become validators to earn rewards and continue developing the blockchain. This ensures project sustainability and provides incentives to contributing users.

Staking

Plian supports a PI staking process that allows users to earn additional rewards through holding their tokens. This not only provides financial benefits but also strengthens the blockchain network.

Conclusion

Although still in the early development stages, Plian (PI) offers a promising concept. Its focus on security, adaptability, and decentralization gives this project great potential.

By continuing to follow the Roadmap presented by the organization, it can provide a clearer picture of Plian's progress and future potential. Thus, Plian (PI) becomes an interesting project to follow as it develops in the blockchain ecosystem.

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You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti.

To be able to buy crypto assets at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds intowallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

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DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.

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