Ann: CCP Technologies secures strategic placement, page-5

One of most impressive capital raisings I've seen for a penny stock. Kudos to the management for pulling this off at a considerable premium. Really demonstrates confidence in the technology. Barely any dilution.

https://www.penta.global/about.html#KeyTeam

The Penta team are very, very sharp minds.

CEO David Ritter:

"Dr. Melnikoff and I launched Penta to be an ecosystem that reflected our value system: a sustainably decentralized platform with a fair incentive structure. This is our response to a huge problem in the blockchain space – in order to increase scalability many platforms are sacrificing decentralization, and with it, fairness. Let me unpack those terms a bit. Bitcoin can process about 7 transactions per second (tps), while Visa and Mastercard are somewhere around 30,000 tps, and Alibaba is over 100,000 tps. In order for blockchain platforms to have significance in the real world economy, they will have to scale up to much higher transaction processing speeds. Scalability is difficult to achieve from a technical perspective, because the very nature of distributed ledger technologies, like blockchain, is that they are decentralized and distributed. Having a distributed network increases latency and generally slows down the process of validating and recording transactions, relative to centralized systems."

Penta has pioneered a new form of consensus algorithm called Dynamic Stake Consensus (DSC).

The hallmark of DSC is that it achieves scalability without sacrificing inclusion and fairness. Utilizing a first of its kind randomization algorithm, DSC selects voters to participate in the validation process and then allocates incentives to them. Incentives are allocated according to the amount of Penta tokens a voter stakes in the system. This stake is very important, as it motivates voters to be honest. If voters act in a perfidious manner their stake is forfeited to the community. Crucially, a voter’s stake does not determine their power or influence in the voting process. The richest validator in DSC has the same power as the poorest: one vote. By randomizing validator selection and allowing small stakeholders the right to participate in the voting process, Dynamic Stake Consensus fulfills Penta’s goal of being an inclusive system concurrent with a low barrier to access.
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This is going to be a very interesting crypto stock to watch!

The core members of this project are coming from tech and financial organizations from across the world. According to the whitepaper, some of the team members have worked with NASA, Google, Morgan Stanley and Deutsche Bank