Particl is the successor to the ShadowProject project, which was founded in August 2014. In March 2017, the team decided to end ShadowProject (Shadowcash coin) because the name "shadow project" did not appeal to new investors (shadow = illegal). It was also necessary to modify the code and structure. Particl is based on Bitcoin 0.15.1 code. However, the development team added around 100,000 new lines of code, making it a new coin. Blocks are created after 2 minutes and the block size is 2 MB. Particl is the first DAPP (decentralized application) from the Bitcoin protocol with confidential transactions, which means that the amounts are visible only to the participants in the transaction. Particl values ??the privacy of users. Particl offers the ability to send encrypted messages and encrypted chat between users. There is an advertising server - Particl Market, where you can anonymously buy or sell anything, similar to eBay. Particl also runs decentralized voting. The default transaction fee is 0.002 PART, but you can set another one (higher fee = better confirmation times). The cryptocurrency is taken care of by the non-profit Swiss Particl Foundation (Particl Stiftung) based in Zug. The team has over 20 people and is funded by 10% of block rewards.