The PinkCoin platform is a platform dedicated to making charity more accessible to everyone. An important feature is that the unique software of the system allows users not only to benefit from the launch of the wallet but also to participate in various charitable projects.
The history of PinkCoin creation and the project team
PinkCoin was launched in 2014. Its main goal is to end the era of cold-blooded scammers and unprofitable cryptocurrencies.
The new team showed all their best sides because even in those moments when Bitcoin seemed to be dying, the PINK developers continued to work tirelessly. They achieved short-term but positive results. In 2017 a new blockchain was created that became the crown jewel of the new Pinkcoin legacy.
Today the project team consists of leading specialists in the field of programming, design, engineering, and other areas of activity:
- Jeremy Redinger – CTO of the company and also co-founder of Pinkcoin;
- Danny Johnson – executive director of the organization;
- Danny Penner – Woelk is a Chief Technology Officer.
Main features of PinkCoin cryptocurrency
PinkCoin is a unique digital currency, the purpose of which is charity. It is also worth noting that PINK puts the optimal Pareto game theory at the forefront of its activities. Cryptocurrency offers a secure network for disrupting opaque charitable models. In this network, users help themselves by helping others. Project participants can earn money by being the owners of PinkCoin, and at the same time, be champions of charity.
The blockchain platform is an updated hybrid model of incentivizing network protection by users through mining. It is based on traditional Proof-of-Work (PoW) technology. Also, the PinkCoin blockchain is a network security system that is based on user participation in an innovative Proof-of-Stake (PoS) project. Flesh-stake and side-stake technologies are aimed at rewarding PINK holders with rewards while the cryptocurrency is in their electronic wallets. Donate 4 Life (D4L) system allows platform users to earn on staking by dividing their resources.
By participating in the stake book, users can become owners of automated rewards. The D4L system includes nine pool structures with optimized functions. They, in turn, make up two subsystems, one of which is the Directive. It includes the following divisions and capabilities:
- charity;
- educational programs;
- assistance to victims of natural disasters;
- development;
- marketing innovation;
- random pools.
The total emission of PINK will amount to over 392 million tokens. They will be divided for specific purposes, such as charity, administrative expenses, environmental project management, and so on. To date, more than 95% of the total amount of Pinkcoin has been issued.
Where to store PinkCoin cryptocurrency?
The project team developed software for storing the Pinkcoin digital currency. Electronic wallets from PINK are highly optimized, reliable, and have good cryptographic protection of the user’s data. To download the program to your personal computer, you need to go to this address https://getstarted.with.pink/download/. In the lower right corner, there are 5 buttons, clicking on which will start downloading the electronic wallet. You need to select the appropriate operating system (installed on your PC) and click on the button.
Mining of PinkCoin cryptocurrency
The PoW technology, which is at the heart of Pinkcoin, enables users to earn cryptocurrency through mining. Mining is the process of solving complex mathematical problems by a computer, as a result, special blocks corresponding to PINK appear in the digital space. PoW, or script mining algorithm, allows you to receive 50 tokens every two minutes. To prepare your equipment for cryptocurrency mining, you need to download special software. With it, you can manage the load on the central processor.
The more powerful the PC, the more coins the user will be able to receive on their e-wallet in less time. It is recommended to use multiple video cards for mining. It is best to use Radeon graphics cards as they offer the highest performance.
Cloud mining will be a more economical option for extracting currency since this process does not require the purchase of additional devices. All that is needed is to conclude a contract with special services for a specific period and receive rewards earned using server hardware.
Where to get PinkCoin cryptocurrency?
The modern virtual space is teeming with a large number of exchanges and exchangers that offer gainful offers for trading cryptocurrencies. However, these services often can be fraudulent. In order not to get into unpleasant circumstances, crypto enthusiasts should buy or sell PINK on one of the following trading platforms:
- Poloniex;
- Bittrex;
- Cryptopia.
Prospects for PinkCoin
It is noted that the future of PINK will include a mobile staking wallet with D4L technology. The project team is exploring the benefits of a global tax subsidy program, namely facilitating the integration of tax reduction for individuals.
Also, the company’s programmers continue to optimize the source code and research advanced technical elements of PoS economic rules to better stimulate philanthropy and support decentralized voting. If the PINK project finds serious investors and is in demand among the world’s charitable organizations, a great future awaits it.
