Bitcoin is the world's first decentralized digital currency, allowing you to store and transfer cryptographic coins easily using the P2P network to transmit information, hashing as a synchronization signal to prevent double spending, as well as a powerful scripting system to determine the owner of coins. This demonstates a growing technology and business infrastructure. According to the original design, bitcoins are interchangeable and seen as a neutral means of exchange. Bitcoins may have special properties supported by either the Issuer or a public agreement, and have a value independent of the underlying nominal value. Bitcoin has proven that the P2P electronic payment system can really work and process payments without any third party involvement.
However, for the entire e-economy to be based on a fully decentralized peer-to-peer solution, the system must be able to do the following:
- 1.Process transactions securely, quickly and efficiently, in the amount of thousands per hour or more.
- 2.Encourage people to participate in network security.
- 3.Scale at the global level with the minimum consumption of resources.
- 4.And to be able to work on a wide range of devices including mobile.
PZM (pronounced as "Prizm") meets all these conditions. Another advantage, the unique one, is PARAMINING, which is not presented in any other existing cryptocurrencies.