Paycoin
What this is
Paycoin (PCI) is a digital asset designed to make blockchain-based payments practical for everyday commerce, with a particular focus on the South Korean retail market. The project claims to address the gap between cryptocurrency and real-world spending by giving consumers a token they can use at physical and online merchants. According to the project, more than 10,000 merchants in Korea accept Paycoin, including well-known chains such as 7-Eleven, Domino's Pizza, and KFC.
Paycoin uses a SHA-256 consensus algorithm, the same cryptographic standard that underpins Bitcoin, to validate transactions on its network. The token functions as the medium of exchange within the payment system, passed between consumers and merchants at the point of sale. Beyond the consensus mechanism and its role as a payment token, the data stored here does not provide further detail about its settlement architecture or smart-contract capabilities.
The data stored on this site does not include a fee stream for Paycoin, meaning there are no figures here for protocol revenue, fee recipients, or fee collection mechanics. Without a documented fee structure in the data, standard fee-based measures such as price-to-fees ratios are not calculable for this asset. What is recorded is that roughly 53.82 percent of the maximum supply of 1,900,000,000 tokens was in circulation at the point-in-time measurement, leaving a dilution overhang of approximately 85.81 percent, meaning a substantial share of the total supply has yet to enter circulation.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.