PSL

PastelPSL

Rank #3319
Coin
On 479 watchlists

Pastel Price (PSL)

$0.005659
5.50%

0.0000001163 BTC6.54%

0.000001519 ETH11.10%

Low:$0.00522
High:$0.005863
24h
PSL  Pastel PSLPrice: $0.005659 5.50%
Market Cap
$14,322,457
0.00%
Fully Diluted Market Cap
$118,848,394
5.50%
Volume
24h
$84,408
4.25%
Volume / Market Cap
--
Self Reported Circulating Supply
2.53B PSL
Max Supply
21,000,000,000
Total Supply
--

Pastel Chart

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PSL Price Live Data

The live Pastel price today is $0.005659 USD with a 24-hour trading volume of $84,407.69 USD. Pastel is up 5.50% in the last 24 hours. The current CoinMarketCap ranking is #3319, with a live market cap of not available. The circulating supply is not available and a max. supply of 21,000,000,000 PSL coins.

What Is Pastel Network (PASTEL)?

Pastel Network is the first fully dedicated, decentralized digital art platform allowing users to register, store, and trade ‘provably rare’ assets. The network is a fork from Z-cash, running the Proof-of-Work (PoW) algorithm Equihash and also supports Masternodes from Dash, which provide computational resources to the network to support asset registration, distribution, and permanent storage.

PSL is the native utility token that is used for:

  • Fees for processing transactions and registering assets.
  • Running masternodes on the network via staking PSL tokens.
  • Used for governance votes to determine how network resources are allocated.

PSL features include: * Near-duplicate Image Protection - The network rejects any new registration of the “same” (or clearly derivative) art image using Tensorflow with Keras Applications (models) * NSFW Detection - The network rejects any new registration of NSFW art (for the purpose of excluding illegal child pornography images) using Tensorflow with OpenNSFW models. * Masternode Reputation Tracking - The network verifies that all Masternodes are actually storing the data they are supposed to store and punish those that are not using cNode’s Validation logic extended to validate MN activities. * Data protection at transit and at rest - Connections between nodes and wallets use TLS at all times to prevent man-in-the-middle attacks, while data stored on the network is protected from unauthorized access. * Reliability - Data stored in the Pastel Network Storage Layer is available to the users at all time, regardless of active nodes - the fountain code algorithm (RaptorQ) is used to break up the original data (i.e., the art image file) into a set of redundant, fungible chunks. The sets of chunks are then auto-distributed across the network using the Kademlia DHT algorithm.

PSL tools include: * PSL Thick Wallet - The User Interface (UI) to the Pastel Network, both blockchain (cNode) and storage layer. Requires the full cNode. Provides advanced functionality to users (view / register / trade art, import / export crypto wallet, create / registerPastelID). * PSL Thin Wallet - Mobile/web application, without access to the full cNode. * PSL Explorer to aid with understanding network movement and performance. * PSL Command Line Tools to allow developers to deploy and manage nodes from various environments. * COMING SOON: PSL SDKs.

How Many PSL Tokens Are There in Circulation?

Pastel launched its mainnet on January 1st, 2021 with a fully-diluted initial supply of ~10.5BN, or ~50%, of total tokens created at genesis. Only ~1.2BN of the tokens are currently in circulation, with the remainder held by the foundation or locked-up. The initial block reward is set to 6,250 (5,000 to miners and 1,250 to masternodes) with a targeted block time of every 2.5 minutes. The block reward halves every 840,000 blocks.

Who Are the Founders of the Pastel Network?

Pastel is the brainchild of Jeff Emanuel, a machine-learning and financial analyst, but also an aspiring digital artist. The team is supported by founder’s Alex K, a developer with 25+ years of development experience, and Anthony Georgiades, a product manager and prominent technology investor at Innovating Capital.

When the team started this project a few years ago, they concluded that the only way to do this was to make an application specific blockchain (rather than an ethereum-based token) so that they could control every aspect. The biggest issue with other methods is that they do not provide storage for the image files themselves, and thus one cannot put this data directly into the blockchain without it quickly running into scaling issues. Thus was born Pastel - native blockchain that has built the functionality required to efficiently and securely provide the services required for the specific use case of rare digital art on the blockchain.

Where Can I Buy PSL?

Pastel is available for trading on Bitcoin.com

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PSL

Pastel

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USD

United States Dollar

PSL Price Statistics

Pastel Price Today
Pastel Price$0.005659
Price Change24h$0.0002951
5.50%
24h Low / 24h High
$0.00522 /
$0.005863
Trading Volume24h$84,407.69
4.25%
Volume / Market CapNo Data
Market DominanceNo Data
Market Rank#3319
Pastel Market Cap
Market CapNo Data
Fully Diluted Market Cap$118,848,394.12
5.50%
Pastel Price Yesterday
Yesterday's Low / High
$0.005252 /
$0.005588
Yesterday's Open / Close
$0.005503 /
$0.005329
Yesterday's Change

3.16%

Yesterday's Volume$83,196.20
Pastel Price History
7d Low / 7d High
$0.005037 /
$0.006601
30d Low / 30d High
$0.0042 /
$0.008001
90d Low / 90d High
$0.002202 /
$0.02697
52 Week Low / 52 Week High
$0.002202 /
$0.02697
All Time High
Apr 06, 2021 (a month ago)
$0.02697
79.02%
All Time Low
Mar 28, 2021 (2 months ago)
$0.002202
157.05%
Pastel ROI

129.12%

Pastel Supply
Circulating SupplyNo Data
Total SupplyNo Data
Max Supply21,000,000,000 PSL