Pirl is a new cryptocurrency based on the Ethereum network. The goal of Pirl is to facilitate transactions between buyers and sellers securely through an entirely automated process. Pirl is community based and has an open source philosophy. Everyone can contribute to make it better. PoW mining will always be implemented and will not turn into PoS
Why create a new cryptocurrency ?We want to create a cryptocurrency that can be useful for all people for day-to-day usage. A system that can allow non-technical users to be easily be a part of the new digital money world. Our goal and principle is to keep things simple and easy with value for everybody. We also want to put miners and nodes at the center of the process. Without miners, the start of a new crypto will not be possible and without node owners, we would not be able to maintain the network.
Some features will be developed to be incentive:The owner of a secure node will be rewarded with a percentage of the transaction made and based on their uptime. That will help to build a decentralized network not owned by anybody and giving resources to maintain the network for the node owner.
The network transactions will be validated by the miners and only them.
Ready to run contracts to facilitate transactions between third parties.
Developing a decentralized marketplace that can be used by companies or individuals that wish to exchange goods without third party.
The Pirl blockchain will be used to run smart contracts. Users interfaces and online decentralized store will be developed to run on nodes that ensure no single point of failure or controlled by large cloud providers.
The Pirl network will be a network of users controlled by nobody.
What will be available at launch ? Wallet ( online or GUI currently in progress )
Mining pool ( already done )
Node software ( reward to be implemented between 3 to 6 month )
Smart contract
If you want to be part of the team or you think that you have any skill that you found valuable don’t hesitate to contact us.
Technical Statswebsite:
https://pirl.iogithub:
https://github.com/pirlCodebase: Ethereum
Algorithm: Dagger
Block Reward: 12
Block Target: 13 seconds
Reward for node owner
Launch Date: 30/09/2017
Social:
Slack
https://slack.pirl.io/looking forward to tomorrow