Pakcoin (PAK) is a digital currency that originated from Pakistan. It was launched in June 2015, initially operating on a Proof of Work (POW) Scrypt algorithm, but transitioned to a Proof of Stake (POS) Scrypt in January 2019. Pakcoin's supply currently stands at 75,851,649. The digital currency seeks to facilitate instant, near-zero cost payments to anyone globally. Pakcoin's symbol is PAK, and it has a block time of 60 seconds with a difficulty re-target occurring after every block. The transaction fee ranges from 0.001 to 0.1 PAK, depending on the amount involved.

Pakcoin operates on a Proof of Stake (POS) Scrypt algorithm, which allows users to generate PAK through staking. Staking is facilitated through the Staklet platform, where users can stake their Pakcoins without the need to keep their devices on. The platform aims to provide a potential return of 3-6% annually, depending on the total number of staked coins. Pakcoin also has a platform for offline merchants, Adaigi.com, which seeks to enable them to accept Pakcoin payments.

Pakcoin aims to provide a peer-to-peer internet currency that enables instant, near-zero cost payments to anyone in the world. It can be used to purchase goods and services from merchants who accept Pakcoin payments, both online and offline. Pakcoin also strives to offer a staking service through the Staklet platform, where users can stake their Pakcoins and may receive compensation. Additionally, Pakcoin can be used to purchase mobile loads and services from Daraz.pk and Careem, as facilitated through the e-wallet platform.

Pakcoin was launched in June 2015, initially operating on a Proof of Work (POW) Scrypt algorithm. However, in January 2019, it transitioned to a Proof of Stake (POS) Scrypt algorithm. This change allowed users to generate PAK through staking. Pakcoin has also developed platforms such as Staklet and Adaigi to facilitate staking and merchant payments, respectively. In February 2020, Pakcoin announced its intention to enable trading and transferring on various blockchains.