Topic: [ANN][PoW] PegNet: A CPU Mineable Stablecoin and Synthetics Network for DeFi (Read 2905 times)
November 13, 2020, 06:50:15 PM
How this could be a stable coin if your price dropped twice in last month? And you don't have backed fiat currencies for your "stable token". And where from comes "infinite liquidity"?
May 06, 2020, 12:48:12 PM
No users founds were affected, project is still very early so it's quite easy to get enough hash power to attack it but attacker couldn't liquidate the assets due to lack of liquidity on exchanges anyway. If there was enough liquidity he wouldn't be able to perform the 51% attack in the first place because likely the hash power required to perform a 51% attack would be impossible to get as you can't use asics and the total hash power would be much higher.
This project is very underrated IMO
This project is very underrated IMO
April 23, 2020, 05:47:18 AM
PEGNET WAS HACKED.......
get the hell out now
get the hell out now
March 01, 2020, 01:53:32 AM
watched.
February 23, 2020, 04:15:17 PM
For me, this is something unusual for what is happening with your coin; buying in large volumes; the price goes rapidly to the top 
February 23, 2020, 07:11:28 AM
I see how your volumes are growing and I am pleased to see your project the best. I really like your plans
February 23, 2020, 07:07:44 AM
This is something revolutionary. Good prospects for the project for the future. I love your coin and follow your project. I believe that soon your coin will fly high. It will be a great success in your efforts.
January 15, 2020, 11:11:10 AM
Blog post: Reaching PegNet Community Consensus Via PoW
January 03, 2020, 09:58:53 AM
"PegNet to be a TOP 30 Asset in 2020" - AMA With Paul Snow (Factom CEO) - https://www.publish0x.com/dyec/pegnet-be-top-30-asset-2020-ama-paul-snow-factom-ceo-xkryek
LOL How much did they pay for that article?!
Pegnet is crashing fast and the exchange with the largest volume is just Wash trading. Its so funny to see.
Factom is down 97% from ath.
Cannot see how Pegnet going to succeed. Market is showing what it thinks of it already
December 31, 2019, 11:29:05 AM
Attention Miners
Pegnet had a fork at height 225337. This was caused by a slight implementation difference of pegnetd and pegnet. Pegnetd is the offical implementation of the protocol, as that is the binary run by the exchanges and users of the system. For this reason, we are applying a patch to pegnet to resolve this slight difference.
Update is here: https://github.com/pegnet/pegnet/releases/tag/v0.4.0
If you are running the reference miner, you will need to update immediately. Currently all reference miners are running on the wrong fork.
What does this mean for you?
- If you are a solo miner using the reference miner. Update immediately, as you are not currently earning any rewards.
- If you are running the prosper pool software as the pool operator, you do not need to take any action. The prosper pool does not have the bug.
- If you are a miner on the orax or prosper-pool, you do not need to take any action.
Pegnet had a fork at height 225337. This was caused by a slight implementation difference of pegnetd and pegnet. Pegnetd is the offical implementation of the protocol, as that is the binary run by the exchanges and users of the system. For this reason, we are applying a patch to pegnet to resolve this slight difference.
Update is here: https://github.com/pegnet/pegnet/releases/tag/v0.4.0
If you are running the reference miner, you will need to update immediately. Currently all reference miners are running on the wrong fork.
What does this mean for you?
- If you are a solo miner using the reference miner. Update immediately, as you are not currently earning any rewards.
- If you are running the prosper pool software as the pool operator, you do not need to take any action. The prosper pool does not have the bug.
- If you are a miner on the orax or prosper-pool, you do not need to take any action.
December 23, 2019, 06:48:05 AM
Hello, all) Could someone help me using wallet? I've got seed frase and see balance on explorer but can't see the same in factorial wallet( Why?
December 21, 2019, 12:08:32 AM
PEG has been added to Bilaxy which is a top 10 exchange according to CMC. https://bilaxy.com/trade/PEG_USDT
In addition, 5 PegNet pairs were added to IDEX as an ERC20 gateway has been created for PegNet which creates Ethereum Interoperability for PegNet, and thus Factom ecosystem. The following tokens have been listed: PEG, pUSD, pFCT, pXAU (pGold), and pKRW (ETH pairs) - https://idex.market/eth/peg
IDEX is the #2 DEX by volume according to Etherscan: https://etherscan.io/stat/dextracker
In addition, 5 PegNet pairs were added to IDEX as an ERC20 gateway has been created for PegNet which creates Ethereum Interoperability for PegNet, and thus Factom ecosystem. The following tokens have been listed: PEG, pUSD, pFCT, pXAU (pGold), and pKRW (ETH pairs) - https://idex.market/eth/peg
IDEX is the #2 DEX by volume according to Etherscan: https://etherscan.io/stat/dextracker
Very good to know that, even I have seen the announcement from the index, which very soon they are going to list the Pegnet coin in the indexing platform. So within the short period of time, you have managed to list the PEG coin in Bilaxy too.
December 20, 2019, 12:14:07 PM
PEG has been added to Bilaxy which is a top 10 exchange according to CMC. https://bilaxy.com/trade/PEG_USDT
In addition, 5 PegNet pairs were added to IDEX as an ERC20 gateway has been created for PegNet which creates Ethereum Interoperability for PegNet, and thus Factom ecosystem. The following tokens have been listed: PEG, pUSD, pFCT, pXAU (pGold), and pKRW (ETH pairs) - https://idex.market/eth/peg
IDEX is the #2 DEX by volume according to Etherscan: https://etherscan.io/stat/dextracker
In addition, 5 PegNet pairs were added to IDEX as an ERC20 gateway has been created for PegNet which creates Ethereum Interoperability for PegNet, and thus Factom ecosystem. The following tokens have been listed: PEG, pUSD, pFCT, pXAU (pGold), and pKRW (ETH pairs) - https://idex.market/eth/peg
IDEX is the #2 DEX by volume according to Etherscan: https://etherscan.io/stat/dextracker
December 20, 2019, 04:48:57 AM
For the record, there was no premine. No coins were held in reserve. There was no ICO. This was a fair launch coin and there is no company or foundation in control or that holds coins on behalf of PegNet. This is a decentralized ecosystem.
Do you intend to compete with Bitcoin? but I see PEGNET more than Bitcoin and it looks like Ethereum, I see pEth, pXLM, pBitcoin etc. what does all this mean? I am curious
I myself am still confused about how there are pBtc, pEth etc.
Please let us know if you'd like further clarification on specific points.
Can Peg be converted into those coins?
If you are having the data for the collateral to backed the coin and it can'e be used to backed your coins.
Im feeling curious about how it works consider you are offering various pair to be used as a stable coin.
1. On PegNet, pAsset prices will always be what the oracles (miners that subscribe to external market APIs) come to agree is the value. So for example, on PegNet, pUSD should always be $1.00. On EXCHANGES, the price is stabilized by arbitrage. You can read about that here.
2. PEG can be converted into any pAsset for just 1/10th a cent. Any pAsset can be converted into any other pAsset for just 1/10th a cent. Each block, in addition to the 5,000 PEG for miners, 5,000 PEG are available for converting from pAssets to PEG. You can read about that here.
Thank you so much for your link.
Is there a partnership with factom? I just see someone above me already published a link that said FACTOM ceo is also talking about Pegnet. Is he an advisor for Pegnet?
December 17, 2019, 12:23:34 PM
Factomatic released the first GUI wallet for PegNet: https://twitter.com/Factomatic1/status/1206984362593587201. The wallet has support for burning FCT to pFCT, as well as for PegNet transfers and conversions. In order to use the wallet you will need to first install their Chrome extension Kambani: https://chrome.google.com/webstore/detail/kambani/oiceedellfbhhplkfkpkkocbdkifpili. Kambani is a MetaMask-like browser extension, which creates an encrypted vault in your browser and allows you to sign PegNet transactions from the web wallet. Your private keys are never exposed to the wallet and never leave your encrypted vault! After installing the extension, you can access the wallet at https://factomatic.io/wallet The wallet has undergone substantial testing in the last few days and they haven't had any reports about missing funds or otherwise faulty transactions. HOWEVER, THE WALLET IS STILL IN ALPHA, SO ALWAYS TRY INITIAL TRANSACTIONS ONLY WITH SMALL AMOUNTS
Step by step instructions to move PEG and pAssets from the Enterprise wallet to the GUI wallet: https://factomize.com/how-to-transfer-peg-from-the-enterprise-wallet-to-the-gui-wallet/
Step by step instructions to move PEG and pAssets from the Enterprise wallet to the GUI wallet: https://factomize.com/how-to-transfer-peg-from-the-enterprise-wallet-to-the-gui-wallet/
December 16, 2019, 09:47:13 PM
What gives you value to the Peg token?
PEG is a critical component for stabilizing the various stablecoins on exchanges via arbitrage. It's what allows arbitrage to function correctly. You can read about that here including PEG's specific role: https://factomize.com/how-pegnet-asset-prices-are-stabilized-via-arbitrage-on-exchanges/Yes I understand that. However I am wondering what are the conditions or tokenomics that make the token appreciate.
December 16, 2019, 12:40:54 PM
Two new changed to PegNetMarketCap.com today:
https://twitter.com/pegnetmarketcap/status/1206627016788725762
https://twitter.com/pegnetmarketcap/status/1206627016788725762
December 16, 2019, 12:36:29 PM
What gives you value to the Peg token?
PEG is a critical component for stabilizing the various stablecoins on exchanges via arbitrage. It's what allows arbitrage to function correctly. You can read about that here including PEG's specific role: https://factomize.com/how-pegnet-asset-prices-are-stabilized-via-arbitrage-on-exchanges/ December 16, 2019, 12:33:22 PM
I wanted to share 2 tools we have built for the PegNet miners:
A mining reward calculator to estimate mining profitability: https://www.oraxpool.com/calculator
A database of hardware with their approximate hash rates for PegNet: https://www.oraxpool.com/luxor
A mining reward calculator to estimate mining profitability: https://www.oraxpool.com/calculator
A database of hardware with their approximate hash rates for PegNet: https://www.oraxpool.com/luxor
December 16, 2019, 05:03:04 AM
Data Reveals F2Pool Mining Pool Giant Connection To PegNet - Hashrate Goes Parabolic - https://www.publish0x.com/dyec/data-reveals-f2pool-mining-pool-giant-connection-pegnet-hash-xxrkwl
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