PengolinCoin is a Proof of Stake (PoS), open source, decentralized blockchain-based cryptocurrency focused on achieving fast transactions, an active and involved community, real-world utilization, network scalability, and fungibility.
PengolinCoin’s roots are derived from the cryptocurrency, Dash.
Dash is a fork of Bitcoin, and through it, PengolinCoin retains the valuable features of Bitcoin such as its distributed, decentralized, immutable ledger, and its network of nodes.
PengolinCoin also retains the valuable features of Dash, such as its instantsend technology and its use of Masternodes. Masternodes are a crucial part of the network and provide maximum uptime and service. What distinguishes PengolinCoin from others is that it not only uses Masternodes, but it also uses the PIVX Proof of Stake (PoS) consensus algorithm technology.
PengolinCoin uses two different staking systems to run its network- hot staking and masternodes. Rewards are given to PengolinCoin users that choose to maintain a balance of at least one PengolinCoin in their wallets or by storing 100,000 PengolinCoins and running a masternode.
PengolinCoin’s goal is to be accessible to everyone, everywhere.
This is why we develop the most useful and accessible applications and means of communication.
|Phase 0||1001-525600||20 PGO||50% (10 PGO)||45% (9 PGO)||5% (1 PGO)|
|Phase 1||525601-1051200||18 PGO||50% (9 PGO)||45% (8.1 PGO)||5% (0.9 PGO)|
|Phase 2||1051201-1576800||16 PGO||50% (8 PGO)||45% (7.2 PGO)||5% (0.8 PGO)|
|Phase 3||1576801-2102400||14 PGO||50% (7 PGO)||45% (6.3 PGO)||5% (0.7 PGO)|
|Phase 4||2102401-2628000||12 PGO||50% (6 PGO)||45% (5.4 PGO)||5% (0.6 PGO)|
|Phase 5||2628001-3153600||10 PGO||50% (5 PGO)||45% (4.5 PGO)||5% (0.5 PGO)|
|Phase 6||3153601-3679200||8 PGO||50% (4 PGO)||45% (3.6 PGO)||5% (0.4 PGO)|
|Phase 7||3679201-4204800||6 PGO||50% (3 PGO)||45% (2.7 PGO)||5% (0.3 PGO)|
|Phase 8||4204801-4730400||4 PGO||50% (2 PGO)||45% (1.8 PGO)||5% (0.2 PGO)|
|Phase 9||4730401-18848000||2 PGO||50% (1 PGO)||45% (0.9 PGO)||5% (0.1 PGO)|
The Swap Is Over! PengolinCoin (PGO) Is Now Proof of Stake (PoS)!
Greetings fellow Pengolonians! As you may or may not know PengolinCoin has moved from a Proof of Work (PoW) consensus to a Proof of Stake Consensus (PoS). We made this decision for several reasons. First, our original code was old and out dated. We needed to update the code and this could have taken months. Second, PengolinCoin was being dominated by FPGA’s and ASIC miners which leads to decentralization and coin dumping. Finally, we were lucky enough to find and add Alonewolf to the team. Alonewolf is a PIVX blockchain expert and educated us on the advantages of this blockchain and Proof of Stake. The best part is that Alonewolf could complete the new code in a week. The new PengolinCoin code will set the project up for a successful future... [Read more]
PengolinCoin almost completed its transitioning from POW to POS
The swap process will end on monday 27/07/20 - 11:59 PM GMT. After this date and time, people will be able to swap BUT it will be done manually and with a 20% fee and for a very short period of time (24h)...
Here you will find a few Frequently Asked Questions about PengolinCoin...
Cryptwerk: Companies and services accepting PengolinCoin as payment
This address is intended to receive the funds which will be donated to organizations that fight illegal trade that threatens all eight species of pangolins.
PengolinCoin Project will donate part of its income. You can send PGO directly at this address to make your contribution.
Donate to PGO project