Planq is the very first cryptocurrency to keep mobile usability at heart. We want to take a step back from dependency on desktops. The Planq Blockchain is powered by the $PLQ token. Users in both developed and developing countries will now be able to harness the full potential of blockchain technology using their phones, rather than relying on a desktop computer system. T
The Planq network runs on a Proof-of-stake (PoS) Consensus mechanism called Tendermint. Planq is built using the Cosmos-SDK and is IBC enabled. To be future-proof and leverage the power of Ethereum, the Planq blockchain is also an EVM-based blockchain (Ethereum virtual machine).
Planq is building a decentralised ecosystem of applications that are accessible by phones, such as decentralised exchanges, wallets, privacy chats and bridges.