Prizm is a fully decentralized, self-regulated, peer-to-peer blockchain network with a Proof of Stake consensus algorithm. Built on Java v.8, open source and limited edition. A new implementation of the concept of cryptocurrency in its purest form, allowing any user to easily, quickly and securely store, as well as make transfers in Prizm. Prizm is a convenient alternative to international payment systems, with the ability to receive new coins. Prizm is not a security, which is confirmed by the legal opinion of the US and EU countries. The Prizm concept has been in development since 2014. The idea was to create a peer-to-peer blockchain network (peer-to-peer), understandable in development and as environmentally friendly as possible (which does not require a huge amount of energy to maintain the network). The Proof of Stake algorithm was taken as the basis, which in those years was only gaining its popularity. This solution allowed us to confidently avoid the problem of network complexity and the race for power. Prizm has been designed with a simple interface in mind, both for intuitive learning and for gaining access even with a weak internet connection. Prizm is known in the cryptocurrency space for its incredibly fast transaction processing times on the blockchain network. Access to the blockchain is provided by a stand-alone computer program (Node) that automatically performs block confirmation when certain conditions are met. Also, any node can become public and provide secure access to personal wallets for everyone. Anyone can access their wallet without third-party services, thanks to the ability to use the broadcasting node on any device with Internet access. The zero block PRIZM was launched on February 17, 2017. The premine amounted to 10 million coins issued and distributed by the Genesis block. The final issue is 6,000,000,000.00 pzm. The Curve25519 cryptography is used to strike a balance between security and processing power required, along with the more widely used SHA256 hashing algorithms. The consensus algorithm is built on modern and energy efficient ECO technologies. The Prizm network lacks the ability to selectively process transactions. The system will not allow sending coins to a non-existent wallet, thereby protecting the user from erroneous sending. The maximum block capacity is 255 effective user transactions, the rest of the space is used for Genesis transactions and system information. The commission is from 0.5% to 10 Pzm per transaction. The commission is calculated from the transaction initiator. If there are not enough coins, the system itself will offer the maximum number of coins to send. Prizm mining is based on the proof-of-stake (PoS) protocol. When generating a new block, a node transmits the mined block to the entire network so that other nodes can validate it and add it to the block chain. A feature of Prizm in the new system of rewards for storing coins on personal wallets is Paramining combined with classic Forging. Each user receives a share from the generation of new coins according to certain criteria. In the personal wallets of users, the predicted production of coins is displayed. Creation and enrollment occurs at the time of transactions (incoming / outgoing). Thus, at the time of block generation, Paramining* is credited to 3 network participants: the Transaction Initiator, the Receiver, and the Forger who generated the block. Crediting occurs by sending coins from the Genesis wallet in a subsequent block with free system space. The Genesis wallet operates exclusively in the negative range and targets -6,000,000,000.00 pzm. The dynamic baseline target of the network is approximately 59 seconds and is independent of the number of transactions. The maximum commission per block is 2550 Pzm. Users who administer the network (forgers) receive additional compound interest and the possibility of hybrid mining. Thus, each coin in the wallet can be viewed as a miniature “mining farm”. The platform completely solves the problem of a “51% attack” through moderate paramining*, evenly distributed among network participants. Also, the issue is regulated by the Paratax * system - a decrease in the production of new coins with an increase in the total issue. It turns on with 1 pzm on a personal wallet and is regulated by three parameters: 1. Number of coins on a personal wallet 2. The number of coins under a personal wallet. 3. Difficulty of extraction of Paratax*. Paramining in a personal wallet is a predictable mining, and can be changed before crediting when changing the 2nd and 3rd parameters. Forging is the creation of new blocks in the blockchain based on the confirmation of ownership, with the possibility of receiving remuneration in the form of commission fees, as well as enrollment in Paramining. You can start Forging: Hold is storage on a personal wallet up to 1,000,000 pzm. After this value, paramining for your wallet stops. Hybrid mining gets 50% more paramining when the following conditions are met: 1. Network administration (forging). 2. Balance no more than 110,000 pzm. 3. Create 1 block at least once every 100,000 block heights. A hold status is enabled for you, which does not allow incoming transactions to be credited to Paramining, thereby not knocking down compound interest. * Paratax is the process of slowing down the rate at which new coins are generated. It has a linear increase in complexity, expressed as a percentage of the already mined emission. First of all, it is necessary to control inflation. The main advantage of cryptocurrency over fiat money is that the finite number of coins is known. Paratax does not withdraw coins from circulation - it prevents their release by the Genesis block. Can be used as an international payment system. Allows any user to absolutely safely store and quickly make transfers in the PRIZM coin around the world. Provides the ability to access your wallet without interacting with third-party resources, such as: multi-currency and hardware wallets, as well as any custodial resources. An open API makes it easy to integrate the payment system into the business sector, into the field of IT development, as well as fully automate the processes of receiving and sending coins. In addition, all blockchain data is public, allowing statistics of any kind of interest to be generated.