Topic: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync - page 271. (Read 1358974 times)
August 27, 2014, 06:12:59 AM
Now even my posts are getting deleted, someone is jealous
August 27, 2014, 05:46:35 AM
I have over 25 million PND now and I must say the staking is awesome. I am going to be rich if you guys deliver. The best part is no PoW component and all the coins exist already except for people selling the stakes. It's a empowering feeling. Love seeing the stakes!
At a 5th of that wealth, I feel equally empowered 
August 27, 2014, 05:16:16 AM
may i please have the irc link i want to know more about staking i've read about it but cant comprehend what it means
Staking means, you get coins for having your wallet sending youself some of the coins you own. That process, called minting, generates blocks without someone having to mine them, therefore POS coins are energy saving and more secure than POW coins, because POW needs constant mining to keep the blockchain going and a high hashrate well distributed, so no one can practically do a 51% attack. For 51% attach on POS coins, one would have to optain much more than 51% of all coins while in POW she only needs 51% of all hashrates.
As this POS process generates coins without doing much for it (only having to keep your wallet online), it includes an inflation, which is considered healthy for a currency if the inflation stays within 1-3% pa.
August 27, 2014, 05:10:04 AM
may i please have the irc link i want to know more about staking i've read about it but cant comprehend what it means
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!
August 27, 2014, 05:00:49 AM
may i please have the irc link i want to know more about staking i've read about it but cant comprehend what it means
Staking means, you get coins for having your wallet sending youself some of the coins you own. That process, called minting, generates blocks without someone having to mine them, therefore POS coins are energy saving and more secure than POW coins, because POW needs constant mining to keep the blockchain going and a high hashrate well distributed, so no one can practically do a 51% attack. For 51% attach on POS coins, one would have to optain much more than 51% of all coins while in POW she only needs 51% of all hashrates.
As this POS process generates coins without doing much for it (only having to keep your wallet online), it includes an inflation, which is considered healthy for a currency if the inflation stays within 1-3% pa.
August 27, 2014, 04:42:47 AM
will pandacoin get on other exchanges with high btc volume like cryptsy , bittrex and bter ?
August 27, 2014, 04:34:59 AM
may i please have the irc link i want to know more about staking i've read about it but cant comprehend what it means
August 27, 2014, 04:28:28 AM
I have over 25 million PND now and I must say the staking is awesome. I am going to be rich if you guys deliver. The best part is no PoW component and all the coins exist already except for people selling the stakes. It's a empowering feeling. Love seeing the stakes!
how many coins do you get from staking... with 25 mil pnd
Around 53 000(Have a bit more then 25mil) a month * 12 = +- 636 000 coins a year which I can offload if in batches depending on price.
dont forget you recieve interest over your produced stakes as well mate
August 27, 2014, 04:23:04 AM
I have over 25 million PND now and I must say the staking is awesome. I am going to be rich if you guys deliver. The best part is no PoW component and all the coins exist already except for people selling the stakes. It's a empowering feeling. Love seeing the stakes!
how many coins do you get from staking... with 25 mil pnd
Around 53 000(Have a bit more then 25mil) a month * 12 = +- 636 000 coins a year which I can offload if in batches depending on price.
August 27, 2014, 04:22:21 AM
after that dumbass dumped on the ltc market... the btc buy orders were pulled too...
why dump too 200 liteoshi when there were 3 satoshi buyorder at the time
why dump too 200 liteoshi when there were 3 satoshi buyorder at the time
August 27, 2014, 04:16:39 AM
Those btc sell walls on bittrex scare me though, hopefully we can blast through them come launch day.
We're not listed on bittrex.
Oops, I meant Mintpal
https://mintpal.com/market/PND/BTC
August 27, 2014, 04:10:41 AM
I have over 25 million PND now and I must say the staking is awesome. I am going to be rich if you guys deliver. The best part is no PoW component and all the coins exist already except for people selling the stakes. It's a empowering feeling. Love seeing the stakes!
how many coins do you get from staking... with 25 mil pnd
August 27, 2014, 04:07:53 AM
Those btc sell walls on bittrex scare me though, hopefully we can blast through them come launch day.
We're not listed on bittrex.
August 27, 2014, 03:46:40 AM
Those btc sell walls on bittrex scare me though, hopefully we can blast through them come launch day.
August 27, 2014, 03:40:45 AM
LOL
Nice dump.
Nice dump.
1.5 btc worth in 24hrs... thats no dump... hahahaha
August 27, 2014, 03:32:38 AM
LOL
Nice dump.
Nice dump.
August 27, 2014, 03:28:15 AM
back to 200
August 27, 2014, 03:19:26 AM
Now that we are 4 days away from the release of the new features do we have exact time when all this will be revealed?
exactly... what time and wich timezone?
that's for me to know and for you to find out! muhahaha
On a more serious note: I will bring it up to see what time is the best for the devs
August 27, 2014, 03:02:50 AM
Sorry that I had to double post the header... mods keep deleting posts for god knows what reason and keep moving the thread.
August 27, 2014, 03:01:57 AM
Rethinking Digital Currency
Bitcoin, the world’s first decentralized digital currency, was launched in 2009. It was the prototype that introduced and demonstrated to the world the potential benefits and usages of a decentralized digital currency. However, digital currencies are still in their infant stages and have yet to see widespread mainstream adoption and usage as a unit of exchange both online and offline. There is a need to rethink the current approach to the design and marketing of digital currencies in order to achieve a global mass appeal.
August 30th
On the 30th of August the Pandacoin (PND) development team will unveil and release the highly anticipated set of major development updates to Pandacoin. The founders, developers, and architects of Pandacoin (PND) endeavor to redefine the current space with this set of major development updates, and be positioned to become the future digital currency of choice for the masses.
Stay Tuned
Pandacoin (PND) Development Team
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