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Pirl (PIRL) is a nominated Proof Of Stake (nPOS) community-based blockchain with decentralized governance. The direction of the chain is decided by the Pirl community, making it a transparent and decentralized platform.
With Pirl, governance is in the hands of the community, giving them the power to drive the direction of the blockchain. The treasury is also completely decentralized and controlled by the community. It provides funding for projects that want to build on top of Pirl 2.0 and receives 80% of network transaction fees.
The core of Pirl’s nPOS algorithm relies on validators and nominators. Validators secure the chain by running the algorithm, while nominators add stakes to the validator to earn rewards. Pirl’s online explorer dashboard ensures that all account actions are easily accessible, promoting cross-device compatibility without compromise.
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