What is Pinkcoin? Pinkcoin (PINK) is a hybrid blockchain network that enables developers to build donation-driven decentralized applications. As Kriptokoin.com, we will examine Pinkcoin in this article. However, we will also answer questions such as what is Pinkcoin, what it offers, what is PINK, what is it for, how to get it. Let’s take a look at this project, which focuses on donation-oriented dApps, together.
What is Pinkcoin?
Launched in 2014, Pinkcoin is a Blockchain platform designed to support charities and nonprofits. This platform is designed to stimulate users as well as stimulate the donation ecosystem. Users and developers have access to a range of donation-oriented tools and products within the ecosystem. For example, developers have the advantage of developing their own decentralized applications (dApp) on Pinkcoin. These dApps created for donations contribute to the solution of many problems in the world.
What does Pinkcoin offer?
Pinkcoin is a community and donation-driven, altruism-inspired Blockchain platform. This platform uses cutting-edge staking technologies unique to PinkCoin such as Flash-Stake and Side-Stake. These technologies encourage users to reward their contributions. Staked tokens can be donated to up to 100 wallets on the network instantly and with no transaction fees. However, users with 100,000 PINK tokens can participate in Flash Proof-of-Stake (FPoS). This means periodically increasing rewards for 4 hours every day.
According to the team, FPoS maturities have a block discovery rate that is 6 times the normal PoS rate. It is also a method that benefits all users with faster processing times. The most notable platform built on the PINK network is Donate4Life. Donate4Life facilitates fundraising for charities and individuals through Pinkcoin’s staking reward sharing platform. Thus, it makes it possible to help people in need.
What is PINK? What does it do?
PINK is the driving engine of the Pinkcoin network, meaning it is Pinkcoin’s native cryptocurrency. The altcoin allows donations in the ecosystem to take place and the platform to operate securely. Users benefit from the above mentioned staking mechanisms with PINK. PINK is available to donate or stake. Users earn new PINKs with PoS and FPoS. They then use these PINKs to contribute to donation platforms on the platform.
What is Pinkcoin? How to get PINK?
Pinkcoin is currently only traded on the SouthXchange exchange. For this reason, users who want to buy PINK need to access this exchange or the project’s website. Users accessing the exchange can obtain the altcoin by following the steps to become a member and purchase.