Contents
- 1 Overview of PumaPay
- 2 Blockchain
- 3 Network
- 4 Regulation
- 5 Support
- 6 Transactions
- 7 How Is the PumaPay (PMA) Network Secured?
- 8 What Makes PumaPay Unique?
- 9 What is PumaPay?
- 10 How do I buy PumaPay?
- 11 What hashing algorithm does PumaPay use?
- 12 Hello?
- 13 Where can I get PumaPay wallet?
- 14 How Many PumaPay (PMA) Coins Are There in Circulation?
- 15 Where Can You Buy PumaPay (PMA)?
- 16 Who are the top 10 Investment Companies?
- 17 What is PumaPay?
- 18 What is the Reddit page for PumaPay?
- 19 How does technology impact on E-Commerce Industry?
- 20 How Many PumaPay (PMA) Coins Are There in Circulation?
- 21 What Is Decentralized Vision | PumaPay?
- 22 What is PumaPay?
- 23 What Makes PumaPay (PMA) Unique?
- 24 What coins are similar to PumaPay?
- 25 What is PumaPay?
- 26 What is the value of PumaPay?
- 27 Who Are the Founders of PumaPay (PMA)?
- 28 History of PumaPay
Overview of PumaPay
Blockchain
The perfect payment system should definitely be decentralized, secure, and give users the control and convenience they need.To plan and build the system we want, we had to become dreamers and envision a system from scratch, based on modern technology, instead of taking existing solutions and trying to bend them to current needs.At PumaPay, we deeply believe in the promise of blockchain technology and that cryptocurrencies are the future.Ultimately, our vision for a payment system is a comprehensive end-to-end system that will be able to deliver the blockchain’s benefits to any individual or business with ultimate simplicity and ease of use.What does this mean?
Network
In the next stage, we intend to move to a more decentralized solution where the transactions will be processed by a network of PumaPay Processor Nodes, that will compete to win the right to process these transactions.Such nodes will be incentivized by fees paid by the businesses for certain types of transactions. This decentralization of the processing layer will also tackle the potential problem of a single-point-of-failure.We intend to incorporate a proof-of-stake algorithm to assign transactions to processors, where the ‘stake’ is correlated with the amount of PMA tokens these nodes possess.
Regulation
· US token– a new project that will hopefully allow PumaPay to offer l tokens to US-based clients, whilst fully complying with US Government regulation.
Support
As we plan to start testing the solution with 3-5 new companies which will integrate the protocol in March, we aim to steadily continue with multiple integrations in the second half of 2019.In Q4, we expect to introduce the Processing Nodes, and end 2019 with a more decentralized cryptopayment system that meets all the needs of businesses and customers alike.On behalf of the team, I would like to express my gratitude for the support PumaPay has received from the crypto community worldwide.Formerly referred to as Merchant Portal or Wizard, the Business Console MVP will enable businesses to register with PumaPay in order to set up their PullPayment billing models, thus generating QR codes which will be used by customers to scan and make payments.The Business Console MVP release will give business owners and managers a working preview of how PumaPay billing works, and how easy setting up the billing models through the PumaPay Wizard is.We are currently working on improving functionality and user experience of the wallet app.In addition, in Q1 we will start developing the first version of our Chrome extension, which we hope to deliver by the end of March.Also in Q1, we plan to launch the much anticipated PumaPay Pride MVP – a comprehensive directory of merchants who have adopted the PullPayment Protocol.In Q1, we aim to add in-wallet support for new cryptocurrencies: bitcoin cash and bitcoin SV and maybe a few more, as well as in-wallet funding with credit cards.Later on, PumaPay Pride will be integrated into the mobile wallet app so that businesses will be able to promote special offers directly to users inside the wallet.Our team is working hard to develop and deliver the ultimate payment system.Keep an eye on our Telegram News Channel and social media for updates and upcoming releases!The Roadmap below represents the best approximation of our efforts and is subject to future changes and updates.*Due to the complexity of each project the estimation of the deliverables is subject to change and therefore the information and schedule contained herein may be adjusted from time to time.In Q1, we plan to release the Business Console MVP.Then, we will spend Q3 and Q4 of 2019 focusing on the massive adoption of our protocol and integration with the existing Early Adopters.This includes an enhanced architecture for our framework, protocol, and products.We expect to fully integrate PumaPay Pride with the wallet app within Q2 2019.During Spring 2019, we plan to focus solely on the next generation of our payment system and the enhanced API.We truly appreciate your feedback, thoughts on new products and ideas about what needs to be improved.We will also start rewriting our mobile app as native, to future-proof it and ensure a better user experience.
Transactions
ADA, XRP, LTC, BCH, etc).Currently it supports crypto-based subscription plans, where users can manage all aspects of their subscriptions within the wallet.For example, they will be able to keep balances of BTC, ETH, and LTC and decide that subscriptions will first use the LTC balance and only in case this is depleted, use BTC.That said, the PMA token will remain the ONLY means of value transfer over the PumaPay protocol.In case users choose to use other cryptocurrencies, our PumaPay Wallet will be authorized to automatically convert such cryptos to PMA tokens whenever a payment is due.Lastly, we are also looking for ways to allow customers to manage their fiat assets from within the wallet.In the coming months, we plan to add support for more popular cryptocurrencies (i.e.It currently supports BTC, ETH, PMA, and all ERC20 tokens.It includes viewing all associated transactions, as well as being able to cancel a subscription directly at any point, without the need to contact banks or merchants.Thanks to our integration with Changelly, the PumaPay Wallet provides users seamless access to third-party crypto conversion.During Q1 2019, we also hope to add a feature that will facilitate purchasing cryptos within the wallet with a credit card.The team is also working on rewriting the wallet as a native app, which will bring significant improvement in performance and user experience.Later this year, we intend to add the ability to pay via our advanced billing models, using any crypto.The users will be able to incorporate some logic as to how to utilize their crypto-assets.This development is subject to regulatory constraints and we are pursuing the best way to achieve this functionality.We continue improving our wallet API, which was released in late 2018.This tool allows third party wallets to integrate the functionality of PumaPay’s PullPayments into their offering, thus enabling millions of users to enjoy PumaPay’s advanced billing models in their familiar wallet environments.This upgrade, should we decide to do it, might have the potential to make the PumaPay cryptocurrency wallet the one and only payment tool users need in their day-to-day life.This will release the user from having to purchase and keep a stock of PMA tokens in order to meet their future obligations.We expect this to be finalized during Q2 2019.As we work on additional advanced billing models, all of them will be supported by the wallet as soon as they go live.Our wallet app is developed to the highest security standards and has already passed a vulnerability assessment.We have already released our mobile wallet app, both for Android and iOS.We intend to continue adding support for more coins and tokens in the future.Needless to say, the PumaPay cryptocurrency wallet supports our advanced billing models.We intend to continue testing it in order to make it as secure as possible.All of these features bring us closer to our vision for the PumaPay cryptocurrency wallet app.
How Is the PumaPay (PMA) Network Secured?
PumaPay was built on top of the Ethereum blockchain.As a result, it is secured by the combined efforts of thousands of Ethereum miners and nodes, which act to enforce its proof-of-work (PoW) consensus algorithm to resist attacks, including 51% and distributed denial of service (DDoS) attacks.
What Makes PumaPay Unique?
PumaPay’s main feature is its PullPayment Protocol.
What is PumaPay?
PumaPay Develops An Advanced Billing Infrastructure For Merchants, Allowing Them To Design Flexible Payment Scenarios Over The Blockchain.
How do I buy PumaPay?
It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including PumaPay.
What hashing algorithm does PumaPay use?
PumaPay is a coin that uses the ETH Token algorithm.
Hello?
I got that app to buy some PMA but it wasn’t available and no exchange support.I started KYC verification, but I now want all my information deleted and my account disabled.No response by email.I will change my review if I get a response confirming my PII (personally identifiable information) has been deleted and will not be used.
Where can I get PumaPay wallet?
PumaPay produces its own wallet software that is available for download on its website, which allows you to store PumaPay on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
How Many PumaPay (PMA) Coins Are There in Circulation?
As per the PumaPay whitepaper, the total supply of PumaPay tokens is allocated as follows: 35% to Decentralized Vision Ltd to be used for the development of the protocol and future strategy; 20% to public contributors; 20% to launch partners and early adopters; 15% to advisors, professional fees and bonuses; and 10% to the founders and team.
Where Can You Buy PumaPay (PMA)?
PumaPay is available to purchase and trade on several top-tier exchanges including OKEx, Bittrex and HitBTC.Traders will be able to find PMA paired against Tether (USDT), Bitcoin (BTC) and Ethereum (ETH) on several exchanges, whereas PMA can also be traded against U.S.dollars (USD) on HitBTC.
Who are the top 10 Investment Companies?
Investment is a very lucrative method for generating future income.However, it requires individuals…
What is PumaPay?
PumaPay is the first DeFi payment protocol to facilitate subscription payments and other advanced billing models.It democratizes payments by providing a solution that is permissionless, frictionless, free and open for all.
What is the Reddit page for PumaPay?
The official Reddit community (subreddit) for PumaPay is r/PumaPay.
How does technology impact on E-Commerce Industry?
Since the last 20 years, the e-commerce industry is growing significantly.
How Many PumaPay (PMA) Coins Are There in Circulation?
PumaPay has a specific maximum total supply of 78,042,956,829 PMA — all of these tokens were created during the May 2018 PMA token generation event (TGE).The platform currently has a circulating supply of just over one-third of this, at 26.4 billion PMA as of October 2020.
What Is Decentralized Vision | PumaPay?
Decentralized Vision is a new and innovative company that seeks to decentralize internet markets.As we are well-aware of the gap that exists between online billing needs and the existing solutions, we are currently working on decentralizing the billing industry by developing a blockchain-based billing protocol (PumaPay).In addition, we operate to decentralize other markets by seeking well-positioned companies within these markets to collaborate with.We believe that blockchain technology has the ability to disrupt online platforms and enable companies to allocate their revenue in a fair and equal way.
What is PumaPay?
PumaPay is the first DeFi payment protocol to facilitate subscription payments and other advanced billing models.It democratizes payments by providing a solution that is permissionless, frictionless, free and open for all.
What Makes PumaPay (PMA) Unique?
One of PumaPay’s main features is the complete mitigation of volatility while providing 100% liquidity to merchants.The project achieves this by using an innovative fiat settlement layer which cancels out volatility and ensures liquidity by locking the PMA exchange rate at the moment of each transaction.
What coins are similar to PumaPay?
The following coins use PumaPay’s ETH Token algorithm and proof-type: Chainlink, THETA, Binance USD, DREP, DREP [old], PancakeSwap, Aave, Maker, FTX Token, Huobi Token, Crypto.com Coin, Dai, Polygon, Chiliz and Holo.
What is PumaPay?
PumaPay's open-source Pull Payment Protocol is a comprehensive blockchain solution which offers robust payment mechanisms far more credible, efficient, flexible, cost-effective, and scalable than current implementations (credit cards).Unlike today's payment methods, which include credit cards and virtual coins like Bitcoin, the Pull Payment Protocol was designed from the ground up specifically to overcome existing hurdles and offers a set of tools developed to facilitate onboarding processes for both businesses and individuals.
What is the value of PumaPay?
One PumaPay (PMA) is currently worth $0.00 on major cryptocurrency exchanges.You can also exchange one PumaPay for 0.00000002 bitcoin(s) on major exchanges.The value (or market capitalization) of all available PumaPay in U.S.dollars is $26.31 million.
Who Are the Founders of PumaPay (PMA)?
PumaPay was co-founded by Yoav Dror, who still operates as the CEO of the platform to this day.Dror has an extensive history of holding executive roles at prominent firms and has more than 20 years of experience heading up online high-transaction companies.The other co-founders are not public-facing.