PACSafe Brings the Power of Masternodes to Blockchain Networks

4 min read

Cheyenne, WY – Payment and blockchain network innovators PAC Global announce the launch of PACSafe, a free desktop application that deploys and monitors digital currency masternodes quickly, easily, and economically. The free application is scheduled for release on December 15th, 2020 from

Digital currencies that employ masternodes are capable of generating passive income for investors, similar to the mining/staking process for many digital assets, but by comparison offers superior security, transaction validation speeds, and control over their cybercurrency stakes. However, the deployment of a masternode has historically been cumbersome and practical for only the most tech savvy investors, as masternodes host the entire distributed ledger for each currency held and monitoring their performance can be a headache. Significantly simplifying the process of running masternodes so that even the digital currency layman can participate in generating passive income via this method has been widely viewed as a game-changer for currencies employing masternode protocols. Well now the game has been changed…

Masternodes have replaced mining for many crypto investors,

The investment market needed an application that makes launching and running a masternode just as easy as opening an online savings account. That was our goal and we’re thrilled with the results.

notes PAC Global CEO Drew Saunders

Introducing PACSafe - a next generation masternode hosting tool which overcomes the barriers to entry for aspiring masternode hosts by automatically running and monitoring masternodes within a fully integrated node/wallet application. Investors can now deploy new masternodes from the same sleek UI that they use to manage their cryptocurrency investments. The development process of PACSafe involved the meticulous refinement of every last detail of the immensely popular PAC wallet application. The PAC Global team is confident that both new and long-time users will be astounded by this newfound simplicity and efficiency in masternode hosting/management.

PACSafe’s Auto-Setup feature allows anyone to deploy a masternode with a single click without ever touching a terminal or reaching for a Linux manual. Upgrading or reinstalling existing masternodes is just as easy: choose your node, click a button, and PACSafe does the rest. PACSafe itself is updated automatically.

One of the major advantages of masternode protocols over other alternatives is that masternodes put investors in control by hosting entire distributed ledgers. PACSafe has taken this aspect of control a step further by providing a full suite of tools that substantially enhance one’s ability to manage the hosting process. PACSafe provides a comprehensive overview of inputs and addresses while each transaction is fully documented with detailed information that is available whenever users enter a receive address. Best of all, the PACSafe wallet itself refreshes automatically with no need for manual restarts.

Users of all types deserve an interface that offers the power and flexibility to manage their digital assets in a manner that is easy, straightforward, and highly efficient. PACSafe achieves this feat by providing users with all pertinent information in real time while providing robust transaction filters, a handy unlock timer, and the ability to display digital currency balances in any currency of choice. These include PAC, BTC, LTC, USD, EUR, or any other currency that happens to catch their eye.

It’s a truly ground-breaking approach to masternode management. So why, after spending so much time and effort developing PACSafe, is PAC Global making it freely available to everyone?

It’s another way for us to support the crypto space in general

says Saunders

We prefer to take a long view of crypto markets and we absolutely believe that if we support investors in building stable, responsive arenas for trading digital currencies then we’ll all benefit.

About PAC Global
PAC Global is one of the largest proof-of-stake, blockchain masternode run networks in the world. With a legacy that originally dates back to 2013, PAC Global has continually expanded its robust network’s size, scale, and security to unparalleled new heights. To learn more about how the ease of PACSafe puts the ultimate power in the hands of digital asset users along with other exciting and innovative products such as PACapp and IPFS distributed data storage all powered by PAC Global, please contact David Gokhshtein at [email protected].

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 11/24/2020, 02:56 PM
Last updated on 06/03/2021, 02:44 AM