ParsiCoin (PARS) is a Private, Untraceable CryptoCurrency Based on CryptoNote BlockChain Technology with a ASIC-Resistant Proof of Work Algorithm.
It's a decentralized peer-to-peer exchange network and medium, that does not have centralized management or issuer and ensures privacy and anonymity of operations without intermediaries and regulators. Its units of exchange are cryptographically protected (encrypted) units of information. They are protected from copying and counterfeiting by the blockchain technology.
The network, transactions, your account, and PARSes are cryptographically protected (encrypted). Only you control your Wallet. No one can take them away from you or confiscate them, seize them, deny you access, or restrict your freedom to dispose of your PARSes. You can send them to anyone, anywhere in the world anytime. Everyone can contribute, participate in the issue of PARSes (mining) with regular PC. An expensive, specialized equipment is not required for mining. There are no monthly account fees, there is no need for a bank card – instead, you can open or download a ParsiCoin wallet free of charge. Even the transactions are almost free and can be free at all.