PascalCoin (PASC) is a decentralised, open-source cryptocurrency launched in August 2016. It was written from scratch in Pascal. Unlike most other cryptocurrencies, PascalCoin is designed to work without an operations history (i.e. locally stored blockchain), yet it is still able to control double spending and check balances. Instead of storing balances on the blockchain, PascalCoin offers a safebox system similar to a bank account and complete with a short, easy-to-remember account number. PascalCoin is generated by proof-of-work "mining", with an average block time of 5 minutes and the initial reward of 100 PASC (halving roughly every four years). Initial announcement.
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