PKT PKT

PKT is a new cryptocurrency that allows individuals to monetize their unused internet bandwidth. It is a people-powered, free to access network that aims to connect the world to the internet. PKT's software technology is available for anyone to use and earn income from their internet connection. Additionally, PKT is known for being the world's fastest decentralized network, offering high-speed internet with over 100+ gbps of bandwidth.

PKT has several unique features that differentiate it from other cryptocurrencies. Firstly, PKT is based on Bitcoin code, making it Lightning Network ready from the start, which allows for near-unlimited scalability and enables microtransactions to occur off-chain. This feature sets PKT apart as a cryptocurrency that is optimized for decentralized bandwidth trading markets.

Another distinguishing factor is PKT's mining algorithm, called PacketCrypt. It is the world's first bandwidth-hard proof of work, which requires both bandwidth and encryption. This favors powerful CPU mining and encourages miners to communicate with each other, ultimately leading to more efficient mining. This unique mining algorithm sets PKT apart from other cryptocurrencies that typically rely solely on computational power for mining.

In terms of its coin supply, PKT has a total of 6 billion coins, with the first half being mined in the first 2 years of mainnet. The remaining half will take another 61 years to mine. This distribution allows for small denominations in bandwidth transactions without the need for fractional payments.

Overall, PKT's Lightning Network compatibility, PacketCrypt mining algorithm, and unique coin supply distribution make it a distinct and innovative cryptocurrency in the market.