Pecu Novus Blockchain Network Introduces Dual Cold Storage Mechanism for Self-Custody of PECU Tokens
The Pecu Novus Team wants to share with the Pecu community what we have been doing in the kitchen and the significant developments we are achieving with the Pecu Novus Blockchain Network. We will be rolling these upgrades out as they are tested in testnet mode to avoid any potential glitches.
As of March 17, 2024 stakeholders will have the power of self-custody at their fingertips with the integration of a dual cold storage mechanism in the Pecu Terminal. This innovative feature allows stakeholders to seamlessly transfer their PECU coins and tokens minted on the Pecu Novus Blockchain from their hot wallet to cold storage within their wallet or completely offline via a downloadable encrypted file, all with the click of a button.
The introduction of the innovation of the MVault into the Pecu Wallet and Terminal was significant and is what enables this functionality, eliminating the need for stakeholders to code smart contracts or understand complex coding to perform an escrow or cold storage tasks. This intentional design prioritizes ease of use and familiarity, ensuring a seamless user experience for stakeholders who have been waiting to truly engage with the Pecu Novus ecosystem.
With the growing prominence of digital assets in traditional finance, particularly with the emergence of Bitcoin ETFs, ETPs, and ETNs, there is a heightened focus on user adoption and accessibility. The Pecu Novus team has recognized throughout and since 2022 has made it a key focus of development to provide tools that users are familiar with, as they are used to having with traditional financial products, basically enhancing the overall usability of the network.
The Pecu Novus Blockchain Network does have an impressive capacity of 110,000 transactions per second, setting it apart from other blockchain networks in terms of speed and scalability. Additionally, ongoing efforts to further increase the speed and stability of the network through additional layer-2 systems will only enhance Pecu Novus’ appeal to the general public as awareness of its capabilities grows. This is all in an effort to fulfill the initial intent of the Pecu Novus Blockchain Network of being globally inclusive.
It is important to note that the Pecu Novus team has taken a unique approach to publicizing the network, as opposed to engaging in widespread marketing campaigns and promotions, it was more important to prioritize showing the end result through continuous maintenance and innovation. So rather than just tell you through a presentation of theories, we want to show you how it end result works and adjust from there. This approach adopted in 2022 reflects our commitment to tangible results and practical utility rather than speculative hype.
The blockchain landscape is continually evolving as is the digital asset space, the introduction of a simple to use dual cold storage mechanism on the Pecu Novus Blockchain Network represents not only the teams commitment but a significant step towards empowering stakeholders with greater control over their digital assets. Traditional finance needs to work with decentralized finance in order to create a better tomorrow for everyone, this is our goal, this is our focus and we are working hard to have Pecu Novus poised to play a prominent role in the future of blockchain technology and digital finance.
The Pecu Novus Team
www.pecunovus.com
