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PlusCoin whitepaper

PlusCoin: A Decentralized Cryptocurrency for Rebates and Rewards

The PlusCoin white paper was written and released by the PlusCoin core development team at the end of 2024, aiming to address the challenge of balancing scalability and decentralization in existing blockchain technology by proposing an innovative consensus mechanism and sharding architecture.


The theme of the PlusCoin white paper is “PlusCoin: Next-Generation High-Performance Decentralized Application Platform.” What makes PlusCoin unique is its proposal of a “layered consensus mechanism” and “dynamic sharding technology,” achieving high throughput through parallel processing and asynchronous validation; the significance of PlusCoin lies in providing a solid foundation for large-scale commercial applications and significantly lowering the threshold for developers to deploy decentralized applications.


The original intention of PlusCoin is to solve the performance bottlenecks and high transaction fees of existing public chains. The core viewpoint stated in the PlusCoin white paper is: by combining “layered consensus” and “dynamic sharding,” it achieves unprecedented scalability and transaction efficiency while ensuring decentralization, thereby empowering the broad application of the Web3 ecosystem.

Interested researchers can access the original PlusCoin whitepaper. PlusCoin whitepaper link: https://pluscoin.io/images/dsp/pluscoin_wp.pdf

PlusCoin whitepaper summary

Author: Theo Marchand
Last updated: 2025-11-01 02:00
The following is a summary of the PlusCoin whitepaper, expressed in simple terms to help you quickly understand the PlusCoin whitepaper and gain a clearer understanding of PlusCoin.
Wow, friend, regarding the PlusCoin project, I’ve found some interesting but somewhat complex situations. In the blockchain world, sometimes there are several projects using the same or very similar names—just like in real life, you might meet several people named 'Xiao Ming.' PlusCoin (PLC) seems to be one of these cases. Based on the information I’ve gathered so far, at least the following projects are related to 'PlusCoin' or 'PLC': First, there is a **PlusCoin (PLC)** project launched by the Korean mobile marketing and fintech company Metaps Plus Inc. This project released a white paper around 2018, with the vision of building a comprehensive cryptocurrency ecosystem that allows crypto holders to freely trade cryptocurrencies anytime, anywhere. They planned to establish a trading marketplace called 'CoinRoom,' and PLC token holders would receive profits generated from CoinRoom based on the number of tokens they hold. The project aimed to closely integrate cryptocurrency with the real economy, provide a stable trading system, and protect the interests of PLC holders. Second, there is a decentralized cashback service called **PlusCoin (PLC)**, launched under DSPlus. This project raised $525,000 in its 2017 ICO (Initial Coin Offering). Its core idea was to use PlusCoin as a reward for users making transactions, enjoying discounts, or participating in promotions at DSPlus partner merchants (including well-known brands like McDonald's, Reebok, Burger King, KFC, etc.). The DSPlus platform itself is a mobile marketing and lead generation app designed to attract and retain customers through loyalty programs. Notably, in 2018, this DSPlus project announced it would replace its main token PlusCoin with a new PLCN token and conducted a large-scale PLC token burn to reduce market circulation. Additionally, on some crypto data platforms (such as CoinMarketCap), you can also find tokens named **PlusCoin (NPLC)** and another **PlusCoin (PLC)**. One NPLC project claims to aim at connecting cryptocurrency and the real economy, but its self-reported circulating supply and market cap are both shown as zero. Another PLC project also shows current price and trading volume as zero, but lists billions in total and circulating token supply. This information may represent different stages of the above projects, or even other independent projects with similar names. Because there are multiple projects with the same or similar names/tickers, and their white papers and goals differ, I cannot determine exactly which 'PlusCoin' you want to know about. Therefore, I am unable to conduct an in-depth analysis of a single project according to your detailed structure. **Not investment advice:** Friends, in the crypto space, similar project names can cause confusion. When researching any project, be sure to carefully check its official information, token code (Ticker), contract address, and other unique identifiers, and conduct thorough due diligence. The cryptocurrency market is highly volatile and risky, so please proceed with caution, and remember this is not investment advice. For more details, please do your own research and try to provide more specific project information (for example, where you learned about this PlusCoin, whether there is an official website or more detailed token code), so I can provide you with a more accurate analysis.
Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.

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