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PND

Pandacoin

Algorithm:

What is Pandacoin?

The Pandacoin (PND) development team are keen to keep up with technological innovations in the alternative currency space in order to remain relevant and have a viable and successful future that is in line with our vision for the coin. We, the developers, as a team often take a collaborative approach to Pandacoin (PND), by interacting and taking feedback from our community on what they want to see for the coin in the near future. As such, we recently held a poll the Pandacoin (PND) community to vote on either switching to PoS from PoW or have Merged Mining with Dogecoins.

Release date: April 13th, 2014

Specifications

  • Symbol: PND
  • Algorithm: Scrypt
  • Premine: 0%
  • Max coins: 32,000,000,000 (See FAQ)
  • Block Rewards: 1 Minute Block Targets, KGW
  • Reward system: 50,000 per block until we switch over to PoS.
  • Block time: 1 minute
  • Difficulty retarget: every block
  • Nominal stake interest: 2.5% annually
  • Min transaction fee: 0.1 PND (Fees are paid to stakeholders)
  • Confirmations: 3, maturity: 720
  • Min stake age: 72 hours, no max age
  • P2P port: 22444, RPC port: 22445
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