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Topic: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync - page 264. (Read 1358974 times)

full member
Activity: 129
Merit: 100
What is Pandacoin (PND)?

The Origins of Pandacoin (PND) stem from the the great need to counter the manipulation we see taking place all too often within the decentralized digital currency community. Pandacoin (PND) was created as a solution to this problem and provides a platform designed to resist these manipulative forces. The original goal of Pandacoin (PND) is to bring honesty, integrity and a strong sense of community into the ever-growing world of decentralized digital currency. The Panda is a symbol of peace, positivity and compassion. It is these traits that we feel are most important in the development of a successful decentralized digital currency.

In order to achieve these goals, Pandacoin (PND) was built to have a fair launch with no insta/fast/premine with absolutely no IPO. We believe these features, in addition to being the only 100% PoS coin with more than 3 months of a PoW distribution phase, will allow Pandacoin (PND) to grow in the most fair and sustainable fashion as possible.

The founders, developers and architects of the Pandacoin Project have sought to make Pandacoin (PND) a decentralized digital currency that is geared towards use of the coin to bring liquidity to commerce interchange as opposed simply be another abstract commodity. Many new decentralized digital currencies are simply 'yet another' micro commodity with no vision beyond that with an attempt to derive value into an abstract commodity through complex regulations of minting of coin(s). These coins do not seek any utility beyond becoming an alternative form of commodity. Pandacoin (PND) is different - it is designed from the ground up to be used as a currency, not a commodity. The Pandacoin (PND) development team will develop services, applications and content to ensure Pandacoin (PND) would be used as a form of currency.

The Pandacoin (PND) development team aims to bring the entire decentralized digital currency market forward by adopting a philosophy of simplicity and ease of use in order to lower the current perceived high barriers of entry to the world of decentralized digital currency by the mainstream public. We endeavor to redefine the space and become the gateway decentralized digital currency and reach as much of the mainstream population as possible.

Might want to add this - PoS was done right before Scrypt-ASIC was shipped out to ensure fair distribution! 
sr. member
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
A quick suggestion from one of the member in the cryptotalk giveaway is to put the unlock button on overview instead of having to go setting > unlock wallet.
full member
Activity: 196
Merit: 100
Pandacoin (PND) development team member
You're thinking in the right direction Smiley

Just to add fuel the to fire, I came across an article with some statistics and it got me thinking about current crypto adoption in first world nations. Link to said article - http://cointelegraph.com/news/112311/australias-tax-office-releases-bitcoin-guidelines

Article estimates approximately 40,000 active users of bitcoin from Australia. Let's be generous and factor in another 100,000 'inactive' bitcoin users from Australia shall we? So we have around 140,000 btc users in Australia, but let's round that up to 150,000 figure to make it nice and easy.

Current population of Australia is 22.68 million. So let's factor out 1/3 of the population that are either too young or too old to use cryptocurrencies. This leaves a potential market of 15 million that COULD get into crypto in Australia.

So back of the envelope calculations -

Rough % of bitcoin adoption in Australia = Number of active + inactive users of bitcoin / potential market population that COULD use crypto
                                                           = 150,000/15,000,000
                                                           = 1% approx adoption rate

Morale of the story? PND doesn't need to reach the crypto space. And the PND devs knows that

The above could most probably be modelled for most other first world nations. Now stop and have a think about what's the current adoption rate of ALTERNATIVE CRYPTOS WHICH IS NOT BITCOIN. It's less than bitcoin adoption rate for sure. Is it another 1%? 0.1%? 0.01%?

Have a think about our dev's vision of targeting the masses outside of that approx 1% crypto adoption rate. Every alt coin is fighting within that space. The devs want to escape that ultra small % of current crypto users and reach out to the rest of the other 99%. Even if we are to be generous and give the entire crypto adoption of say 10%, this is still a 10% vs 90% situation.


Have a think about that for a moment will ya my fellow pandas Cheesy


full member
Activity: 142
Merit: 100
You guys have a fan in the Twitterverse:

https://twitter.com/manelecrypto

Cute icon, might be real.  Girl is a Romanian pop singer who also finished law school.  Could a beautiful Romanian version of IconicExpert or could  be a fat neckbeard in Indianapolis.  Still, they say great things about Panda. 

member
Activity: 65
Merit: 10
Just to add fuel the to fire, I came across an article with some statistics and it got me thinking about current crypto adoption in first world nations. Link to said article - http://cointelegraph.com/news/112311/australias-tax-office-releases-bitcoin-guidelines

Article estimates approximately 40,000 active users of bitcoin from Australia. Let's be generous and factor in another 100,000 'inactive' bitcoin users from Australia shall we? So we have around 140,000 btc users in Australia, but let's round that up to 150,000 figure to make it nice and easy.

Current population of Australia is 22.68 million. So let's factor out 1/3 of the population that are either too young or too old to use cryptocurrencies. This leaves a potential market of 15 million that COULD get into crypto in Australia.

So back of the envelope calculations -

Rough % of bitcoin adoption in Australia = Number of active + inactive users of bitcoin / potential market population that COULD use crypto
                                                           = 150,000/15,000,000
                                                           = 1% approx adoption rate

Morale of the story? PND doesn't need to reach the crypto space. And the PND devs knows that

The above could most probably be modelled for most other first world nations. Now stop and have a think about what's the current adoption rate of ALTERNATIVE CRYPTOS WHICH IS NOT BITCOIN. It's less than bitcoin adoption rate for sure. Is it another 1%? 0.1%? 0.01%?

Have a think about our dev's vision of targeting the masses outside of that approx 1% crypto adoption rate. Every alt coin is fighting within that space. The devs want to escape that ultra small % of current crypto users and reach out to the rest of the other 99%. Even if we are to be generous and give the entire crypto adoption of say 10%, this is still a 10% vs 90% situation.


Have a think about that for a moment will ya my fellow pandas Cheesy

full member
Activity: 196
Merit: 100
Pandacoin (PND) development team member
What is Pandacoin (PND)?

The Origins of Pandacoin (PND) stem from the the great need to counter the manipulation we see taking place all too often within the decentralized digital currency community. Pandacoin (PND) was created as a solution to this problem and provides a platform designed to resist these manipulative forces. The original goal of Pandacoin (PND) is to bring honesty, integrity and a strong sense of community into the ever-growing world of decentralized digital currency. The Panda is a symbol of peace, positivity and compassion. It is these traits that we feel are most important in the development of a successful decentralized digital currency.

In order to achieve these goals, Pandacoin (PND) was built to have a fair launch with no insta/fast/premine with absolutely no IPO. We believe these features, in addition to being the only 100% PoS coin with more than 3 months of a PoW distribution phase, will allow Pandacoin (PND) to grow in the most fair and sustainable fashion as possible.

The founders, developers and architects of the Pandacoin Project have sought to make Pandacoin (PND) a decentralized digital currency that is geared towards use of the coin to bring liquidity to commerce interchange as opposed simply be another abstract commodity. Many new decentralized digital currencies are simply 'yet another' micro commodity with no vision beyond that with an attempt to derive value into an abstract commodity through complex regulations of minting of coin(s). These coins do not seek any utility beyond becoming an alternative form of commodity. Pandacoin (PND) is different - it is designed from the ground up to be used as a currency, not a commodity. The Pandacoin (PND) development team will develop services, applications and content to ensure Pandacoin (PND) would be used as a form of currency.

The Pandacoin (PND) development team aims to bring the entire decentralized digital currency market forward by adopting a philosophy of simplicity and ease of use in order to lower the current perceived high barriers of entry to the world of decentralized digital currency by the mainstream public. We endeavor to redefine the space and become the gateway decentralized digital currency and reach as much of the mainstream population as possible.
sr. member
Activity: 294
Merit: 250
Pandacoin (PND) IRC Lotto Faucet now available

We have implemented a Pandacoin (PND) IRC Lotto Faucet system, where you can type the following commands on our irc channel every 24 hours for a chance to win up to 10 million every 24 hours Pandacoins (PND): !lotto !panda or !gimme

It works by a lotto system, where you get one try every 24 hours:

Normal payouts = 300-500 PND
1/10 chance = 1,000 PND
1/100 chance = 10,000 PND
1/1,000 chance = 100,000 PND
1/10,000 chance = 1 million PND
1/100,000 chance = 10 million PND

So join us on #PandacoinPND at freenode.net to try out the Lotto-Faucet commands !lotto !panda !gimme, have a chance of winning up to 10 million Pandacoins (PND) and chat with the other Pandas from this awesome community!
full member
Activity: 210
Merit: 100
sell side in the btc market doesnt look good  Shocked

it's fine, it's normal when you're only a few satoshi
full member
Activity: 185
Merit: 100
@bleeprepeat
Come by the IRC! lots of tippings going on


cadexn aka "the tipmaster" aka "i don't need this money; here you guys have some".

/server chat.freenode.net
/join #pandacoinpnd

so that's what epilepsy feels like..

Isn't it beautiful?

 Grin Grin Grin Grin Grin Grin
hero member
Activity: 588
Merit: 500
sell side in the btc market doesnt look good  Shocked
full member
Activity: 210
Merit: 100
I see some extra buysupport on LTC and BTC Smiley very nice
sr. member
Activity: 292
Merit: 252
I miss when crypto was about decentralisation.
Come by the IRC! lots of tippings going on


cadexn aka "the tipmaster" aka "i don't need this money; here you guys have some".

/server chat.freenode.net
/join #pandacoinpnd

so that's what epilepsy feels like..

Isn't it beautiful?
sr. member
Activity: 294
Merit: 250
Come by the IRC! lots of tippings going on


cadexn aka "the tipmaster" aka "i don't need this money; here you guys have some".

/server chat.freenode.net
/join #pandacoinpnd

so that's what epilepsy feels like..
full member
Activity: 220
Merit: 100
PND IS LOVE PND IS LIFE
Come by the IRC! lots of tippings going on


cadexn aka "the tipmaster" aka "i don't need this money; here you guys have some".

/server chat.freenode.net
/join #pandacoinpnd
member
Activity: 60
Merit: 10
I want to make a statement for the record to address both the individuals who wish to provide negativity within this forum and to those who are naysaying those who are providing said negativity.

If there is a constructive piece of criticism you have--something perhaps that you think Pandacoin is not doing quite correctly, or something that we ought to be doing that we aren't-- please provide it, and support your statement as well as you can with logic and reason, and we will all engage in a reasoned and intelligent discussion with you. In fact, we may even come to the decision that you are correct, and adopt some of your ideas.

However, if your intention is to merely provide something along the lines of "This coin will fail" or "Enjoy the dump" without any kind of discussion or constructive criticism, there's absolutely nothing to be said to you, for you provide nothing substantive, and merely exist here to harm the individuals in this community.

Tl;DR: If you have criticism, provide it with argumentation and logic. If you don't, you won't get a kind reception if you merely FUD.

I have some constructive criticism for you:

- you emited all the coins in advance and then confuse people by saying they can mine the coin (with a browser - ha ha ha)
- you have almost nothing new to offer that hasn't been here before
- you think that visually attractive website will save lack of real improvements

anyway, this coin will die alongside with Dogecoin and pretty much all the altcoins that didn't bring any innovations.

So imagine you spend a day conducting a survey towards the average Joe's and Larry's out there, and asking them to name all the decentralized digital currencies that they know of. How many of them would you think could name more than just Bitcoin and/or perhaps Dogecoin? Most would react to the question with "decentralized-wha?".

The market segment that I've highlighted in my above example would have no clue about any of the 1000's of clone coins. PND is aimed at appealing to those that are outside of early crypto adopters like yourself, myself and the typical crowd that frequents this forum.

^ This. Most people forget about this and get trapped into the mentality of trying to find coins that appeals to early adopters like us.

^ So I was trying to explain to my work colleagues on what I've been so engrossed about lately (Hint: It's PND). Once I got to the topic of buying and mining, and trying to explain to them the current processes of doing it, you can pretty much see their attention die off. They just didn't get it, and kept asking if there's a simpler way to get "free pandacoins with your computer" or "can't I just use my credit card to buy some?"

VeeMiner here doesn't get the the PND Dev's vision, and that's fine. The PND Devs had clearly stated multiple times that they are not trying to appeal to early adopters that run rampard in this forum. Read the above quote, and try to imagine what your so called innovations will impact on the normal technophobe peeps and see if they care.

And just to be clear, and I feel the need to correct you here - from the looks of the things, PND is getting INNOVATIONS THAT MATTER because crypto will never succeed unless it breaks out and is adopted by the majority-

- World's first main wallet that has an internet banking interface AND functionality so normal technophobe peeps can feel familiar with crypto.
- Packaging and design of a coin that is targeted at the normal technophobe peeps, an all-in-one package coin that is easy to use, easy to obtain and easy to understand, positioned to have a GLOBAL MASS APPEAL.

This is innovation that matters. Whilst every other coin is focusing on creating technologies that the normal technophobe peeps don't give a sh*t about, PND is focusing on the important things first - enabling anyone to get into crypto.

These guys are smart, and they are doing it correctly by defining what a crypto SHOULD BE (simple and easy to use), and then most likely are going to pump out the innovations that early adopters care about after. The other alt coin devs are going have to play catch up the moment PND is successful at reaching the masses.

I would like to see you reply and see if you can refute how the formula for success in crypto ISNT the following -

1) Build solid foundation to capture as much market share as possible away from the current crypto early adopters, by targetting the average peeps
2) Once foundation is set, refine AND adopt coin technologies THAT MATTER to ensure coin remains relevant later
3) Profit

I watch the posts here, and am starting to see more from this awesome community starting to GET IT. You, VeeMiner my friend, are not one of them.

My 2 PND Smiley The slogan of "Rethinking Digital Currencies" is just on the ball and so right.

Edit: Don't get me started on China
Thanks for taking the time to write this. I agree 100% with you. Rethinking Digital Currencies...



Quote for visibility.

You have this down man. Whenever I read the main post, this is exactly the vibe I get.

Excellent point
full member
Activity: 126
Merit: 100
I want to make a statement for the record to address both the individuals who wish to provide negativity within this forum and to those who are naysaying those who are providing said negativity.

If there is a constructive piece of criticism you have--something perhaps that you think Pandacoin is not doing quite correctly, or something that we ought to be doing that we aren't-- please provide it, and support your statement as well as you can with logic and reason, and we will all engage in a reasoned and intelligent discussion with you. In fact, we may even come to the decision that you are correct, and adopt some of your ideas.

However, if your intention is to merely provide something along the lines of "This coin will fail" or "Enjoy the dump" without any kind of discussion or constructive criticism, there's absolutely nothing to be said to you, for you provide nothing substantive, and merely exist here to harm the individuals in this community.

Tl;DR: If you have criticism, provide it with argumentation and logic. If you don't, you won't get a kind reception if you merely FUD.

I have some constructive criticism for you:

- you emited all the coins in advance and then confuse people by saying they can mine the coin (with a browser - ha ha ha)
- you have almost nothing new to offer that hasn't been here before
- you think that visually attractive website will save lack of real improvements

anyway, this coin will die alongside with Dogecoin and pretty much all the altcoins that didn't bring any innovations.

So imagine you spend a day conducting a survey towards the average Joe's and Larry's out there, and asking them to name all the decentralized digital currencies that they know of. How many of them would you think could name more than just Bitcoin and/or perhaps Dogecoin? Most would react to the question with "decentralized-wha?".

The market segment that I've highlighted in my above example would have no clue about any of the 1000's of clone coins. PND is aimed at appealing to those that are outside of early crypto adopters like yourself, myself and the typical crowd that frequents this forum.

^ This. Most people forget about this and get trapped into the mentality of trying to find coins that appeals to early adopters like us.

^ So I was trying to explain to my work colleagues on what I've been so engrossed about lately (Hint: It's PND). Once I got to the topic of buying and mining, and trying to explain to them the current processes of doing it, you can pretty much see their attention die off. They just didn't get it, and kept asking if there's a simpler way to get "free pandacoins with your computer" or "can't I just use my credit card to buy some?"

VeeMiner here doesn't get the the PND Dev's vision, and that's fine. The PND Devs had clearly stated multiple times that they are not trying to appeal to early adopters that run rampard in this forum. Read the above quote, and try to imagine what your so called innovations will impact on the normal technophobe peeps and see if they care.

And just to be clear, and I feel the need to correct you here - from the looks of the things, PND is getting INNOVATIONS THAT MATTER because crypto will never succeed unless it breaks out and is adopted by the majority-

- World's first main wallet that has an internet banking interface AND functionality so normal technophobe peeps can feel familiar with crypto.
- Packaging and design of a coin that is targeted at the normal technophobe peeps, an all-in-one package coin that is easy to use, easy to obtain and easy to understand, positioned to have a GLOBAL MASS APPEAL.

This is innovation that matters. Whilst every other coin is focusing on creating technologies that the normal technophobe peeps don't give a sh*t about, PND is focusing on the important things first - enabling anyone to get into crypto.

These guys are smart, and they are doing it correctly by defining what a crypto SHOULD BE (simple and easy to use), and then most likely are going to pump out the innovations that early adopters care about after. The other alt coin devs are going have to play catch up the moment PND is successful at reaching the masses.

I would like to see you reply and see if you can refute how the formula for success in crypto ISNT the following -

1) Build solid foundation to capture as much market share as possible away from the current crypto early adopters, by targetting the average peeps
2) Once foundation is set, refine AND adopt coin technologies THAT MATTER to ensure coin remains relevant later
3) Profit

I watch the posts here, and am starting to see more from this awesome community starting to GET IT. You, VeeMiner my friend, are not one of them.

My 2 PND Smiley The slogan of "Rethinking Digital Currencies" is just on the ball and so right.

Edit: Don't get me started on China
Thanks for taking the time to write this. I agree 100% with you. Rethinking Digital Currencies...



Quote for visibility.

You have this down man. Whenever I read the main post, this is exactly the vibe I get.
full member
Activity: 196
Merit: 100
Pandacoin (PND) development team member
We have now more than 1200 followers on twitter! congrats to us!  Kiss

The more the merrier!
Come on everybody! It's never too late to hop onto the funtrain!


This was probably one of the most adorable images I've seen in a while, and I frequent /r/aww.

:p
full member
Activity: 196
Merit: 100
Pandacoin (PND) development team member
I want to make a statement for the record to address both the individuals who wish to provide negativity within this forum and to those who are naysaying those who are providing said negativity.

If there is a constructive piece of criticism you have--something perhaps that you think Pandacoin is not doing quite correctly, or something that we ought to be doing that we aren't-- please provide it, and support your statement as well as you can with logic and reason, and we will all engage in a reasoned and intelligent discussion with you. In fact, we may even come to the decision that you are correct, and adopt some of your ideas.

However, if your intention is to merely provide something along the lines of "This coin will fail" or "Enjoy the dump" without any kind of discussion or constructive criticism, there's absolutely nothing to be said to you, for you provide nothing substantive, and merely exist here to harm the individuals in this community.

Tl;DR: If you have criticism, provide it with argumentation and logic. If you don't, you won't get a kind reception if you merely FUD.

I have some constructive criticism for you:

- you emited all the coins in advance and then confuse people by saying they can mine the coin (with a browser - ha ha ha)
- you have almost nothing new to offer that hasn't been here before
- you think that visually attractive website will save lack of real improvements

anyway, this coin will die alongside with Dogecoin and pretty much all the altcoins that didn't bring any innovations.

Point 1: This coin was POW for 95 days, after which we switched to POS. Now that it is POS, it can be indirectly mined using the Pandacoin multipool, which is a profit-switching multipool which mines the most proiftable coins on the market and sells them for Pandacoins, which it then automatically pays out to your wallet. That's how you are able to mine Pandacoin.

Point 2: There have been no official statements which describe what new features we have to offer, and therefore you have no knowledge as to what the new features we are putting out on the 30th actually are. Wait and see good sir or madam.

Point 3: I'm not sure where you get the idea that we think this. What are your sources?

Again, you fail to provide constructive criticism that is backed by logic and reason, and instead offer unsupported comments and claims that are meant merely to act as producers of Fear, Uncertainty, and Doubt.
sr. member
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
Come by the IRC! lots of tippings going on

sr. member
Activity: 454
Merit: 250
THE TIME HAS COME...
I want to make a statement for the record to address both the individuals who wish to provide negativity within this forum and to those who are naysaying those who are providing said negativity.

If there is a constructive piece of criticism you have--something perhaps that you think Pandacoin is not doing quite correctly, or something that we ought to be doing that we aren't-- please provide it, and support your statement as well as you can with logic and reason, and we will all engage in a reasoned and intelligent discussion with you. In fact, we may even come to the decision that you are correct, and adopt some of your ideas.

However, if your intention is to merely provide something along the lines of "This coin will fail" or "Enjoy the dump" without any kind of discussion or constructive criticism, there's absolutely nothing to be said to you, for you provide nothing substantive, and merely exist here to harm the individuals in this community.

Tl;DR: If you have criticism, provide it with argumentation and logic. If you don't, you won't get a kind reception if you merely FUD.

I have some constructive criticism for you:

- you emited all the coins in advance and then confuse people by saying they can mine the coin (with a browser - ha ha ha)
- you have almost nothing new to offer that hasn't been here before
- you think that visually attractive website will save lack of real improvements

anyway, this coin will die alongside with Dogecoin and pretty much all the altcoins that didn't bring any innovations.

So imagine you spend a day conducting a survey towards the average Joe's and Larry's out there, and asking them to name all the decentralized digital currencies that they know of. How many of them would you think could name more than just Bitcoin and/or perhaps Dogecoin? Most would react to the question with "decentralized-wha?".

The market segment that I've highlighted in my above example would have no clue about any of the 1000's of clone coins. PND is aimed at appealing to those that are outside of early crypto adopters like yourself, myself and the typical crowd that frequents this forum.

^ This. Most people forget about this and get trapped into the mentality of trying to find coins that appeals to early adopters like us.

^ So I was trying to explain to my work colleagues on what I've been so engrossed about lately (Hint: It's PND). Once I got to the topic of buying and mining, and trying to explain to them the current processes of doing it, you can pretty much see their attention die off. They just didn't get it, and kept asking if there's a simpler way to get "free pandacoins with your computer" or "can't I just use my credit card to buy some?"

VeeMiner here doesn't get the the PND Dev's vision, and that's fine. The PND Devs had clearly stated multiple times that they are not trying to appeal to early adopters that run rampard in this forum. Read the above quote, and try to imagine what your so called innovations will impact on the normal technophobe peeps and see if they care.

And just to be clear, and I feel the need to correct you here - from the looks of the things, PND is getting INNOVATIONS THAT MATTER because crypto will never succeed unless it breaks out and is adopted by the majority-

- World's first main wallet that has an internet banking interface AND functionality so normal technophobe peeps can feel familiar with crypto.
- Packaging and design of a coin that is targeted at the normal technophobe peeps, an all-in-one package coin that is easy to use, easy to obtain and easy to understand, positioned to have a GLOBAL MASS APPEAL.

This is innovation that matters. Whilst every other coin is focusing on creating technologies that the normal technophobe peeps don't give a sh*t about, PND is focusing on the important things first - enabling anyone to get into crypto.

These guys are smart, and they are doing it correctly by defining what a crypto SHOULD BE (simple and easy to use), and then most likely are going to pump out the innovations that early adopters care about after. The other alt coin devs are going have to play catch up the moment PND is successful at reaching the masses.

I would like to see you reply and see if you can refute how the formula for success in crypto ISNT the following -

1) Build solid foundation to capture as much market share as possible away from the current crypto early adopters, by targetting the average peeps
2) Once foundation is set, refine AND adopt coin technologies THAT MATTER to ensure coin remains relevant later
3) Profit

I watch the posts here, and am starting to see more from this awesome community starting to GET IT. You, VeeMiner my friend, are not one of them.

My 2 PND Smiley The slogan of "Rethinking Digital Currencies" is just on the ball and so right.

Edit: Don't get me started on China
Thanks for taking the time to write this. I agree 100% with you. Rethinking Digital Currencies...

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