Question 1

What is the current price of Primas (PST)?

Accepted Answer

The current price of Primas, or PST, is A$ 0.00055067. The price has increased by +0.00% within the last 24 hours.

Question 2

What is Primas (PST)?

Accepted Answer

Primas is a platform centered around high-quality content leveraging Distributed Trusted Content Protocol or DTCP. The platform utilizes blockchain technology to guarantee content credibility. Economic incentives are used to accelerate the creation and dissemination of high-quality content. Primas also incorporates a personalization component where consumers can access tailored high-quality content through social referrals. Traditional internet applications can also interface with Primas via APIs, integrating the power of Primas into their ecosystems.

Question 3

Who created Primas?

Accepted Answer

The creation of Primas was not stated in the data provided, but considering the complex nature of the platform, it's safe to say it was developed by a team of professionals with experience in blockchain technology and content distribution.

Question 4

How does Primas work?

Accepted Answer

At the heart of the Primas platform is the PST token, which is used to reward valuable content creators within the Primas DApp ecosystem and miners who help maintain the Primas Node and Hawkeye crawlers. The platform leverages a Proof of Stake (POS) secondary network to ensure excellent scalability and fast access speeds, capable of simultaneous large-scale applications. This design does not require users to wait for block confirmations to achieve a reliable user experience and significantly reduces the transaction cost of using the blockchain.

Question 5

How scalable is PST?

Accepted Answer

PST is highly scalable thanks to the secondary network (currently linked to Ethereum) that uses a completely decentralized structure with an economic incentive system and node discovery method. This system allows anyone to participate or quit using the Primas node at any point without affecting end users. Given its design, even in cases when the Ethereum network experiences significant congestion, users can still use Primas without interruption and are not required to pay for gas fees.

Question 6

What makes Primas unique?

Accepted Answer

Primas stands out for its commitment to high-quality content and its innovative use of economic incentives to stimulate content creation and circulation. The platform's utilization of a Proof of Stake (POS) secondary network enhances scalability and reduces block confirmation times, making for a smoother user experience. The Primas platform allows anyone to participate by utilizing its node and does not incur transaction costs, unlike many other platforms on the blockchain.

Question 7

How much PST is in circulation?

Accepted Answer

As of now, there are 51.2M PST coins in circulation.

Question 8

Where can you buy Primas (PST)?

Accepted Answer

Primas can be bought on the following exchanges: YoBit. As always, be sure to do due diligence when choosing an exchange.

Question 9

How to keep your PST safe?

Accepted Answer

As with any digital asset, it's crucial to use secure methods to store your PST. This could include using hardware wallets that store your tokens offline or trusted software wallets which encrypt your private keys. Make sure to also keep your devices free of malware and consider enabling two-factor authentication where possible.

Convert PST to AUD

Try our Crypto Pro app