Wrapped PKT (WPKT)

Wrapped PKT (WPKT) is a coin that is part of the PKT ecosystem, which aims to decentralize access to the internet and connect the next billion people online. PKT is an open-source project that provides fast and affordable internet access by leveraging a decentralized network. Unlike traditional ISPs, PKT relies on community-operated mining pools and incentivizes users to contribute to the network infrastructure. By using PacketCrypt, an innovative proof-of-work algorithm, PKT allows users to earn PKT Cash (PKT) by providing bandwidth to the network. The project is committed to promoting open participation and non-discriminatory business use cases.

PKT embraces advanced technologies to fulfill its mission. It leverages cjdns mesh networking technology and replaces Bitcoin’s SHA256 with PacketCrypt, a bandwidth-hard proof-of-work algorithm. This allows PKT to support a decentralized bandwidth market, enabling micro-transactions with zero gas fees. Additionally, PKT introduces TokenStrike, a new token standard protocol that allows for nearly-free token and NFT issuance and zero gas fees for exchange in a trustless Lightning Network HTLC transaction.

Wrapped PKT (WPKT) can be traded on the Binance Smart Chain via PancakeSwap, offering users additional flexibility in managing their PKT holdings. The PKT project is community-operated, with no company, investors, or pre-mine. It encourages anyone to join the growing network and participate in discussions and updates through its various social channels. PKT is dedicated to building a future where internet access is decentralized and accessible to all.