The Pecu Novus Blockchain Sharding terminates and integrates proof-of-time protocols for validating nodes

MegaHoot Technologies has completed the sharding process of the Pecu Novus Blockchain to provide virtually infinite scalability as the network grows. Implementing a “proof of time” model for validating nodes promotes true global inclusion and keeps the Pecu Novus network as carbon neutral as possible.

It was announced that the sharding process of the Pecu Novus Blockchain network, a layer one blockchain network, was completed on April 27, 2022. This was painstakingly initiated in order to not only improve the speed, scalability, decentralization and security of the Pecu Novus Network for today, but it was an initiative that will evolve autonomously into an infinite state as activity increases. This will allow the network to seamlessly process tens of thousands of transactions per second of all types, including various non-fungible tokens.

Completing the partitioning process also allowed the Pecu Novus Validator Program to take shape and on May 1, 2022 the Validator Program was officially opened for a select group of 125 validators to ensure the system was running smoothly. On May 18, 2022, it will be officially open for any Pecu Novus member to become a validator on Windows systems and earn PECU rewards. Validator nodes for Apple systems will be released in the near future.

The Pecu Novus Network has brought global inclusion to the fore in order to create opportunities for members looking to become a validator for the network. The “Proof of Work” model has been a mainstay with some of the biggest cryptocurrency networks in the world such as Bitcoin and Ethereum. Ethereum is on track to reduce fees and latency its members are experiencing with a major upgrade they are launching; however, they will use the “Proof of Stake” model.

Since the measurement mode is “Time proof” for Pecu Novus, no staking is required by a Pecu Novus member. The need for the high power consumption of a Proof of Work model has been eliminated on the grid keeping Pecu Novus as carbon neutral as possible. The need for a “proof of stake” model has also been eliminated on Pecu Novus due to the inclusion mandate on the network.

In short, the “Proof of Time” model enables true inclusion on the network and cuts the “velvet cord” around the ability to host a proof node, it allows anyone, anywhere in the world to earn awards for helping to increase network security, speed, decentralization and scalability. All that is required is a computer with an internet connection to run a low-powered validator node from anywhere in the world.

Pecu Novus was originally built in 2017 with the aim of creating solutions for global commerce as well as the global inclusion of all people despite their social status. Sharing the blockchain network and implementing the “Proof of Time” model was true to the purpose of creating Pecu Novus.

Pecu Novus members now have the ability to upload and host a validator node and earn PECU coin rewards using the “Proof of Time” model. Members do not have to stake their own coins to benefit from network growth; they can just host a low-power validator node.

There are no equations to figure out, no coins to bet, all it calculates is how long a validator node is active.

Each validating node will host a lightweight node ledger capable of holding millions of transactions, each transaction instantly reconciles with other nodes that match the block on the blockchain itself. This increases scalability, security, decentralization, and privacy. Due to sharing and upgrading the Pecu Novus Blockchain network to provide infinite scalability as the network grows, the possibilities become limitless.

Thanks to the innovation brought by MegaHoot Technologies, Inc.the Pecu Novus network is finally on its way to becoming what it was planned to be in 2017, a blockchain network for everyone while providing global businesses with solutions via blockchain technology.

Pecu Novus members can become validators by uploading their validator node to the Pecu terminal www.pecunovus.net.

For more information on the progress of the Pecu Novus network and future innovations, please visit www.pecunovus.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and there will be no sale of securities in any state in which such offer, solicitation or sale would be unlawful and qualified under securities laws. of such a state. This press release contains forward-looking statements. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “may”, “will”, “should” and expressions similar statements are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including, but not limited to, expectations and assumptions regarding obtaining the required regulatory approval. Although the Company believes that the expectations and assumptions on which forward-looking statements are based are reasonable, undue reliance should not be placed on forward-looking statements as the Company cannot guarantee that they will prove to be accurate. The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to publicly update or revise any forward-looking statement or information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws.

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Company Name: MegaHoot Technologies, Inc.
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Country: United States
Website: www.megahoot.com


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