PAC Global Announces Strategic Partnership with DigiByte Foundation
3 min read

Cheyenne, Wyoming (November 26, 2020) - PAC Global, LLC is pleased to announce its strategic partnership with DigiByte. DigiByte (DGB) is more than a faster digital currency. It is an innovative blockchain that can be used for various leading applications such as smart contracts, digital assets, secure authentication, and other decentralized apps. It is an open-source blockchain created in late 2013 and released in the first part of 2014. After six years of forward-thinking development, DigiByte has become one of the fastest, safest, longest running and most decentralized UTXO (unspent transaction output) blockchain in existence today.

PAC Global currently operates one of the largest decentralized blockchain networks in the world today with over 10,800 masternodes all based on energy efficient proof-of-stake technology. Furthermore, these nodes can be found in nearly 30 countries throughout all regions of the world. A number of applications have been released on the PAC network to date including a smart wallet along with decentralized cloud storage set to hit the market shortly. Several new products to be released will incorporate open source IPFS technology.

Outline of the PAC Global + DigiByte partnership – PAC Global will provide their massive masternode network to support the ever growing DigiAssets platform. The PAC nodes run a live active copy of the blockchain and help facilitate instant transactions on its decentralized network. Energy-efficient masternodes can be used in a variety of ways to help confirm and guarantee contracts. DigiAssets will plug into the PAC Global network to help further facilitate smart contracts, real estate contracts, and title insurance policies just to name a few applications.


DigiByte is a very well-respected platform and community which has significant traction in the industry today

stated Drew Saunders, the CEO of PAC Global.

They have a host of exciting products and we feel strongly that our current network will help to improve the overall reach and functionality of the DigiAssets platform. By acquiring additional PAC masternodes our community will continue to grow and expand our already-massive blockchain network over time” he continued. Per a statement released by DigiByte, “thank you PAC Global for your commitment to support DigiAssets on your IPFS network along with implementing DigiByte for payments in future products you will release for IPFS.


About PAC Global LLC
PAC Global (PAC), based in the US, is focused exclusively on providing next generation blockchain network solutions to solve real world problems. It is currently the 2nd largest truly decentralized masternode network in the world (source: www.masternodes.online) with over 10,700 active nodes located worldwide. Our network is based on the energy efficient Proof of Stake (PoS) algorithm which greatly reduces our overall carbon footprint. PAC Global is the 3rd generation of the PACcoin history. The original PACcoin is founded in 2013.
For more information about PAC Global or if you are interested in partnering with us please contact David Gokhshtein, CMO at [email protected], visit @PACcoinOfficial, or our website at www.pacglobal.io.

About DigiByte
DigiByte (DGB) is an open-source blockchain created in 2013 and released in early 2014 by DigiByte founder Jared Tate. Its network is based on three layers: smart contracts, decentralized applications (DApps), and customizable tokens. The middle layer, the public ledger, is where DigiByte digital assets exist in the network. The third and bottom layer hosts the decentralized nodes, the client software and their communication. A unique factor of DigiByte is its five mining algorithms — Sha256, Scrypt, Skein, Qubit and Odocrypt — whose advanced difficulty adjustment aims to keep the blockchain secure and protect it from malicious attacks. In addition, DigiByte has its own block explorer, DigiExplorer. DigiByte was the first major altcoin to activate Segwit in April 2017.
In May 2019, DigiByte launched DigiAssets which is a scalable second-layer solution on top of the DigiByte blockchain that offers the decentralized issuance of assets, smart contracts, digital identity, and various other features.

Forward-Looking Statements
This press release may include ''forward-looking statements.'' To the extent that the information presented in this press release discusses financial projections, information, or expectations about our business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as ''should,'' ''may,'' ''intends,'' ''anticipates,'' ''believes,'' ''estimates,'' ''projects,'' ''forecasts,'' ''expects,'' ''plans,'' and ''proposes.'' Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures that PAC Global may file from time to time. Forward-looking statements speak only as of the date of the document in which they are contained, and PAC Global does not undertake any duty to update any forward-looking statements except as may be required by law.
First published at 11/30/2020, 02:03 PM
Last updated on 11/30/2020, 05:00 PM