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301  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: ★█|ANN|█★ ①②③ WWW.CRYPTOCOINRANK.COM►⇅Mcap ⇅Price ⇅Volume ◕Graph ------|UPDATES| on: May 10, 2014, 07:30:10 PM
Thank you again for having us.
302  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 10, 2014, 01:54:18 AM
Crazy Idea:  Set up a donation to send some low income students to zoos this summer where they have pandas. 

We are already holding current donations until next year to establish ourselves first so this would be unfitting as of now. Good idea though.

Who owns http://pndponzi.org? Small amounts sent back to the correct address but large sums are not send to the right place! It's obviously a scam. Address from outbound transaction is not mine. I lost a lot of pandas, shame.  Angry Cry

It's owned by a member of the community and I'm quite sure that he's not out to scam you. Do you want me to contact him about it?
303  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 11:17:33 PM
Hey guys hope i can still join in  Grin

AsiaCoin Address: AYfaRpdt7U8tP2NXpNLnMUFSpx9Sc7AeTy

Balance: 100.00 AC

and here is my panda address

PFckQBJDytsj9aiYJbUyBfDMkfidkSydn5

all the best for your coin

Everyone is welcome.

d1e852eb92fb4546eda3f3250070148e95caba497447b84d61dd040153d34554
304  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 10:32:53 PM
The first Pandacoin (PND) charity initiative have been created by a dedicated and awesome community member! Let's show our support and feel good by donating PNDs to a choice out of 4 different charity organisations!

It is a unique concept in that all donations made now will be held and only released to the chosen charity organisations until June 1st, 2015.

The charity wallet will be on a transparent and public address, managed by the Pandacoin (PND) development team. Read more about it and the chosen charity organisations here: http://pnd4pnd.com/



Pandacoin (PND) official statement regarding future switch from 100% Proof of Work (PoW) to 100% Proof of Stake (PoS).

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. The poll concluded and the Pandacoin (PND) community has voted in favor of PoS (url of the community poll: https://bitcointalk.org/index.php?topic=572462.0).
 
Well, the Pandacoin (PND) community has spoken and now we are proud to reveal these PoS specifications and a FAQ so that you have something to look forward to! When we switch over to PoS, Pandacoin (PND) would become one of the rare PoS coins with a such lengthy PoW phase of 3 months to fairly distribute the coins towards the community.
 
Specifications
 
Proof of Stake (to be implemented)

Symbol: PND
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
 
Proof of Work (to be phased out after total of approximately 3 months of PoW)
 
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.



 

FAQ
 
When can we expect PoS to be implemented?
Our devs that are currently responsible for making it happen are already at the stage of doing thorough testing, making sure that when we make the switch from PoW to PoS, it would be a smooth transition with no bugs or errors. That being said, the switch from PoW to PoS will happen when we hit our new PoW phase maximum coin cap of 32,000,000,000, which would happen in approximately 15 days (or around 21st of May, 2014).

How long has the PoW phase been running so far?
Pandacoin (PND) had begun their PoW phase since Feb 16, 2014 and has been mined for 78 days as of this post. When we switch over to PoS, we will be one of the rare PoS coins with such a long PoW phase (Approximately 3 months of PoW) to distribute the coins fairly out towards the community.

How many Pandacoins (PND) are currently in existence?
At this time of the post, there are 30,887,898,841 Pandacoins (PND) that have been mined so far with our PoW stage in the last 78 days. You can check it here: http://pandachain.net/chain/PandaCoin/q/totalbc
 
What will the maximum number of Pandacoins (PND) be?
Not fixed nor limited when we switch over to PoS. The 100,000,000,000 Pandacoin (PND) coin cap from PoW stage would no longer be relevant since we are switching to PoS. We are switching to PoS when 32,000,000,000 Pandacoins (PND) are mined, which marks the end of the approximately 3 months of PoW phase.
 
How could I start PoS mining when it rolls out?
Once we have finished testing the PoW to PoS conversion and have it implemented, you will have to download our new wallet, have it unlocked and leaving your wallet open with an online connection to start mining!
 
Do I need to exchange my current Pandacoins (PND) for new ones when we switch to PoS?
No, you keep your existing ones. All you have to do is to download the new wallet, unlock it, keep the wallet open, stay connected to the internet and start mining coins from your wallet!
 
Can I still mine Pandacoin (PND) directly with my mining rig?
With Pandacoin (PND) switching to a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative cryptocurrencies and exchange them for Pandacoin (PND) through our 450+ mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
Website: http://multi.pandapool.info
 
Subreddit: http://reddit.com/r/multipanda
Bitcointalk thread: https://bitcointalk.org/index.php?topic=552464.0
Email: admin at pandapool dot info
 
How does the Pandacoin (PND) multipool work?
 
The Pandacoin (PND) multipool automatically switches between coins to mine based on difficulty and price variations in order to be as profitable as possible for the miners. For payout, the multipool computes the proportional share of each miner over rounds that last four hours. Once a round is complete, and after the mined blocks become mature, the multipool exchanges all coins for Pandacoin (PND). Please note that due to the time required for block maturation, deposits and withdrawals on exchanges, payouts for a round are processed one hour after the end of the next one. The multipool also apply a fee of 1.25%, in addition to the exchange and transactions fees required by the operation

Join us on IRC: #PandacoinPND on freenode.net where the fellow pandas hang out!

For the latest news and updates regarding our coin, check out our social media accounts!

Twitter: https://twitter.com/PandacoinPND
Facebook: https://www.facebook.com/Pandacoin.PND
Reddit: http://www.reddit.com/r/PandacoinPND
305  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 09:14:19 PM
Nice to see PND getting the attention it deserves. Coin after coin, thread after thread I read the lament "where are the devs?? Is the dev ever coming back??" while PND has been here the whole time with a dedicated developer and enthusiastic community.

It's only just begun.

Thanks for the feedback.

Yesterday we were able to welcome two new members to our core team which makes up for a total of 7 dedicated devs, not counting supporters like Joori or mtrycz.
306  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 08:41:27 PM
How about this coin?Is it still alive?

Of course. Let me pass you some relevant pasta:

Join us on IRC: #PandacoinPND on freenode.net where the fellow pandas hang out!

For the latest news and updates regarding our coin, check out our social media accounts!

Twitter: https://twitter.com/PandacoinPND
Facebook: https://www.facebook.com/Pandacoin.PND
Reddit: http://www.reddit.com/r/PandacoinPND
307  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 08:25:28 PM
Am I too late to throw away these crappy Asiacoins?

AsiaCoin Address: ARpTnQpj4kZXWCetAhMZVkivj1rMfUm8f1

Balance: 178.673416 AC

Hash from Sig: IKgza9Tp3uIdvQ6B6V3DJ2I/pvbwPJq3PrwOzXhKHBa/Do1wuicEQNaq3NutT0CdrLcGqcwG1QvtsTvZZN0ynqI=

Panda Address: PE3hN71cj3c2h2AsVjdhsccLeouyBDyPte

Been setting up miners for the last 10 days of Pandacoin got 1.8 MH/s on it now with my new cards Cheesy

What kind of outreach does Pandacoin currently have in Asian Cryptomarkets? 

I'd be interested in donating for some Pandacoin videos in Mandarin and Cantonese. 



You're just in time.

Here you go: f97f9ae8147402f7c00b234698da012d2b2cbc86a4ee514e91a0ec21fd9604c7
308  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 06:05:25 PM
so our trading volume has passed doge....hold me...

Or has it?
309  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 05:28:00 PM
The first Pandacoin (PND) charity initiative have been created by a dedicated and awesome community member! Let's show our support and feel good by donating PNDs to a choice out of 4 different charity organisations!

It is a unique concept in that all donations made now will be held and only released to the chosen charity organisations until June 1st, 2015.

The charity wallet will be on a transparent and public address, managed by the Pandacoin (PND) development team. Read more about it and the chosen charity organisations here: http://pnd4pnd.com/



Pandacoin (PND) official statement regarding future switch from 100% Proof of Work (PoW) to 100% Proof of Stake (PoS).

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. The poll concluded and the Pandacoin (PND) community has voted in favor of PoS (url of the community poll: https://bitcointalk.org/index.php?topic=572462.0).
 
Well, the Pandacoin (PND) community has spoken and now we are proud to reveal these PoS specifications and a FAQ so that you have something to look forward to! When we switch over to PoS, Pandacoin (PND) would become one of the rare PoS coins with a such lengthy PoW phase of 3 months to fairly distribute the coins towards the community.
 
Specifications
 
Proof of Stake (to be implemented)

Symbol: PND
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
 
Proof of Work (to be phased out after total of approximately 3 months of PoW)
 
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.



 

FAQ
 
When can we expect PoS to be implemented?
Our devs that are currently responsible for making it happen are already at the stage of doing thorough testing, making sure that when we make the switch from PoW to PoS, it would be a smooth transition with no bugs or errors. That being said, the switch from PoW to PoS will happen when we hit our new PoW phase maximum coin cap of 32,000,000,000, which would happen in approximately 15 days (or around 21st of May, 2014).

How long has the PoW phase been running so far?
Pandacoin (PND) had begun their PoW phase since Feb 16, 2014 and has been mined for 78 days as of this post. When we switch over to PoS, we will be one of the rare PoS coins with such a long PoW phase (Approximately 3 months of PoW) to distribute the coins fairly out towards the community.

How many Pandacoins (PND) are currently in existence?
At this time of the post, there are 30,887,898,841 Pandacoins (PND) that have been mined so far with our PoW stage in the last 78 days. You can check it here: http://pandachain.net/chain/PandaCoin/q/totalbc
 
What will the maximum number of Pandacoins (PND) be?
Not fixed nor limited when we switch over to PoS. The 100,000,000,000 Pandacoin (PND) coin cap from PoW stage would no longer be relevant since we are switching to PoS. We are switching to PoS when 32,000,000,000 Pandacoins (PND) are mined, which marks the end of the approximately 3 months of PoW phase.
 
How could I start PoS mining when it rolls out?
Once we have finished testing the PoW to PoS conversion and have it implemented, you will have to download our new wallet, have it unlocked and leaving your wallet open with an online connection to start mining!
 
Do I need to exchange my current Pandacoins (PND) for new ones when we switch to PoS?
No, you keep your existing ones. All you have to do is to download the new wallet, unlock it, keep the wallet open, stay connected to the internet and start mining coins from your wallet!
 
Can I still mine Pandacoin (PND) directly with my mining rig?
With Pandacoin (PND) switching to a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative cryptocurrencies and exchange them for Pandacoin (PND) through our 450+ mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
Website: http://multi.pandapool.info
 
Subreddit: http://reddit.com/r/multipanda
Bitcointalk thread: https://bitcointalk.org/index.php?topic=552464.0
Email: admin at pandapool dot info
 
How does the Pandacoin (PND) multipool work?
 
The Pandacoin (PND) multipool automatically switches between coins to mine based on difficulty and price variations in order to be as profitable as possible for the miners. For payout, the multipool computes the proportional share of each miner over rounds that last four hours. Once a round is complete, and after the mined blocks become mature, the multipool exchanges all coins for Pandacoin (PND). Please note that due to the time required for block maturation, deposits and withdrawals on exchanges, payouts for a round are processed one hour after the end of the next one. The multipool also apply a fee of 1.25%, in addition to the exchange and transactions fees required by the operation

Join us on IRC: #PandacoinPND on freenode.net where the fellow pandas hang out!

For the latest news and updates regarding our coin, check out our social media accounts!

Twitter: https://twitter.com/PandacoinPND
Facebook: https://www.facebook.com/Pandacoin.PND
Reddit: http://www.reddit.com/r/PandacoinPND
310  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 05:21:10 PM
Before POS ANN, how much coin do PND have?

It is premine to me.

PoS is an addition we're making which, again, has been chosen to be added by the community using the poll located at https://bitcointalk.org/index.php?topic=572462.

POS have not added, but it have been Annouced. Forum member who read the POS can only mine 5%, other 95% are premine

I don't follow?
311  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 05:14:12 PM
Hello, i am Alt-alarm, to alarm people from scam.

I did analysis on PND, and find it a big scam.

Recently POS was added, the POS PND is not 0% premine, instead, it is 95% premine before the announcement of the POS.

When you change it from POW to POS, you are making a new coin (see C2 and NC2, CAI and CAIX),
the POW PND is a copy paste of litecoin without premine (i do some homework, it is complicated because of the 3 Pandacoin), but the POS PND has a premine.

Premine is before the public are able to mine a coin, the coin can be mined by some people or group. Before the public can mine this POS PND (less than 2 billion coin left), a small group already premined almost 30 billion POW PND, before the annnouncement of the POS PND, this is why it has premine.

With such high premine, this PND is a scam comparable with the recent premine scam in Asiacoin.


What premine are you talking about though? Would you mind pointing out the evidence?

Before the Announcement of the POS PND (different from POW PND), there are more than 30 billion PND exist. POS PND is a different coin with POW PND, because everything change.

30 billion PND cannot be mined after forum member see the POS PND, it is premine.

Please don't confuse POS PND and POW PND.

Another thing to alarm is they change reward from 500,000 per block to 50,000 per block after POS ANN.

Not really. Maybe you have missed our old thread which is located at https://bitcointalk.org/index.php?topic=464476. This is the new one.

The change in block reward was requested by the community and was publicly announced.

As others have pointed out - you have zero posts made with this account which leads me to believe that you're here in order to spread unnecessary FUD while not being able to provide the necessary evidence to back up your claims.
312  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 05:04:40 PM
Hello, i am Alt-alarm, to alarm people from scam.

I did analysis on PND, and find it a big scam.

Recently POS was added, the POS PND is not 0% premine, instead, it is 95% premine before the announcement of the POS.

When you change it from POW to POS, you are making a new coin (see C2 and NC2, CAI and CAIX),
the POW PND is a copy paste of litecoin without premine (i do some homework, it is complicated because of the 3 Pandacoin), but the POS PND has a premine.

Premine is before the public are able to mine a coin, the coin can be mined by some people or group. Before the public can mine this POS PND (less than 2 billion coin left), a small group already premined almost 30 billion POW PND, before the annnouncement of the POS PND, this is why it has premine.

With such high premine, this PND is a scam comparable with the recent premine scam in Asiacoin.


What premine are you talking about though? Would you mind pointing out the evidence?
313  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: May 09, 2014, 03:26:38 PM
Pandacoin (PND) has an updated logo.

Please consider using the new one.

Edit:

Our homepage has been moved from http://thepandacoin.net to http://thepandacoin.org.

314  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 03:09:37 PM

Asiacoin address: AG7tzxvucpqxYp9Tj5NSBcA6Dmh2ZoNu3f
 
Balance: 4870.879379 AC
 
Proof: HxsZ2xtMZjny+Fb6YttCh/G4A5s8wp5EhFdz4H572CXgNwJ+lcsODT3SC3mrdToXopK/6RlpVUUSo/759PPqSrc=
 
Pandacoin (PND) wallet address: PFgQTGsxsCcpCH44pjAEbuHYvpxbC7wYtT

Hope I am not too late :-) Thanks!

You are not too late. Welcome.

5e31833b9daa8e26b7e36e4acc475cbfa6718479f43199ddf7fbe730ab232b95
315  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 12:50:13 PM
No news is good news at such a hard period,we need to calm down,hold your shares,marketing.
BTC will suffer  a lot, don't focus on price,do something to make itc valuable.S

We are working on it.
316  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 10:37:23 AM
The first Pandacoin (PND) charity initiative have been created by a dedicated and awesome community member! Let's show our support and feel good by donating PNDs to a choice out of 4 different charity organisations!

It is a unique concept in that all donations made now will be held and only released to the chosen charity organisations until June 1st, 2015.

The charity wallet will be on a transparent and public address, managed by the Pandacoin (PND) development team. Read more about it and the chosen charity organisations here: http://pnd4pnd.com/



Pandacoin (PND) official statement regarding future switch from 100% Proof of Work (PoW) to 100% Proof of Stake (PoS).

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. The poll concluded and the Pandacoin (PND) community has voted in favor of PoS (url of the community poll: https://bitcointalk.org/index.php?topic=572462.0).
 
Well, the Pandacoin (PND) community has spoken and now we are proud to reveal these PoS specifications and a FAQ so that you have something to look forward to! When we switch over to PoS, Pandacoin (PND) would become one of the rare PoS coins with a such lengthy PoW phase of 3 months to fairly distribute the coins towards the community.
 
Specifications
 
Proof of Stake (to be implemented)

Symbol: PND
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
 
Proof of Work (to be phased out after total of approximately 3 months of PoW)
 
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.



 

FAQ
 
When can we expect PoS to be implemented?
Our devs that are currently responsible for making it happen are already at the stage of doing thorough testing, making sure that when we make the switch from PoW to PoS, it would be a smooth transition with no bugs or errors. That being said, the switch from PoW to PoS will happen when we hit our new PoW phase maximum coin cap of 32,000,000,000, which would happen in approximately 15 days (or around 21st of May, 2014).

How long has the PoW phase been running so far?
Pandacoin (PND) had begun their PoW phase since Feb 16, 2014 and has been mined for 78 days as of this post. When we switch over to PoS, we will be one of the rare PoS coins with such a long PoW phase (Approximately 3 months of PoW) to distribute the coins fairly out towards the community.

How many Pandacoins (PND) are currently in existence?
At this time of the post, there are 30,887,898,841 Pandacoins (PND) that have been mined so far with our PoW stage in the last 78 days. You can check it here: http://pandachain.net/chain/PandaCoin/q/totalbc
 
What will the maximum number of Pandacoins (PND) be?
Not fixed nor limited when we switch over to PoS. The 100,000,000,000 Pandacoin (PND) coin cap from PoW stage would no longer be relevant since we are switching to PoS. We are switching to PoS when 32,000,000,000 Pandacoins (PND) are mined, which marks the end of the approximately 3 months of PoW phase.
 
How could I start PoS mining when it rolls out?
Once we have finished testing the PoW to PoS conversion and have it implemented, you will have to download our new wallet, have it unlocked and leaving your wallet open with an online connection to start mining!
 
Do I need to exchange my current Pandacoins (PND) for new ones when we switch to PoS?
No, you keep your existing ones. All you have to do is to download the new wallet, unlock it, keep the wallet open, stay connected to the internet and start mining coins from your wallet!
 
Can I still mine Pandacoin (PND) directly with my mining rig?
With Pandacoin (PND) switching to a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative cryptocurrencies and exchange them for Pandacoin (PND) through our 450+ mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
Website: http://multi.pandapool.info
 
Subreddit: http://reddit.com/r/multipanda
Bitcointalk thread: https://bitcointalk.org/index.php?topic=552464.0
Email: admin at pandapool dot info
 
How does the Pandacoin (PND) multipool work?
 
The Pandacoin (PND) multipool automatically switches between coins to mine based on difficulty and price variations in order to be as profitable as possible for the miners. For payout, the multipool computes the proportional share of each miner over rounds that last four hours. Once a round is complete, and after the mined blocks become mature, the multipool exchanges all coins for Pandacoin (PND). Please note that due to the time required for block maturation, deposits and withdrawals on exchanges, payouts for a round are processed one hour after the end of the next one. The multipool also apply a fee of 1.25%, in addition to the exchange and transactions fees required by the operation

Join us on IRC: #PandacoinPND on freenode.net where the fellow pandas hang out!

For the latest news and updates regarding our coin, check out our social media accounts!

Twitter: https://twitter.com/PandacoinPND
Facebook: https://www.facebook.com/Pandacoin.PND
Reddit: http://www.reddit.com/r/PandacoinPND
317  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 09, 2014, 12:07:24 AM
WE DO NOT NEED share xchange!

mintpal is decent and enough!



More exchanges won't hinder us from the continued use of mintpal. We have several separate exchanges already.
318  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 12 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 08, 2014, 11:39:06 PM
The first Pandacoin (PND) charity initiative have been created by a dedicated and awesome community member! Let's show our support and feel good by donating PNDs to a choice out of 4 different charity organisations!

It is a unique concept in that all donations made now will be held and only released to the chosen charity organisations until June 1st, 2015.

The charity wallet will be on a transparent and public address, managed by the Pandacoin (PND) development team. Read more about it and the chosen charity organisations here: http://pnd4pnd.com/



Pandacoin (PND) official statement regarding future switch from 100% Proof of Work (PoW) to 100% Proof of Stake (PoS).

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. The poll concluded and the Pandacoin (PND) community has voted in favor of PoS (url of the community poll: https://bitcointalk.org/index.php?topic=572462.0).
 
Well, the Pandacoin (PND) community has spoken and now we are proud to reveal these PoS specifications and a FAQ so that you have something to look forward to! When we switch over to PoS, Pandacoin (PND) would become one of the rare PoS coins with a such lengthy PoW phase of 3 months to fairly distribute the coins towards the community.
 
Specifications
 
Proof of Stake (to be implemented)

Symbol: PND
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
 
Proof of Work (to be phased out after total of approximately 3 months of PoW)
 
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.



 

FAQ
 
When can we expect PoS to be implemented?
Our devs that are currently responsible for making it happen are already at the stage of doing thorough testing, making sure that when we make the switch from PoW to PoS, it would be a smooth transition with no bugs or errors. That being said, the switch from PoW to PoS will happen when we hit our new PoW phase maximum coin cap of 32,000,000,000, which would happen in approximately 15 days (or around 21st of May, 2014).

How long has the PoW phase been running so far?
Pandacoin (PND) had begun their PoW phase since Feb 16, 2014 and has been mined for 78 days as of this post. When we switch over to PoS, we will be one of the rare PoS coins with such a long PoW phase (Approximately 3 months of PoW) to distribute the coins fairly out towards the community.

How many Pandacoins (PND) are currently in existence?
At this time of the post, there are 30,887,898,841 Pandacoins (PND) that have been mined so far with our PoW stage in the last 78 days. You can check it here: http://pandachain.net/chain/PandaCoin/q/totalbc
 
What will the maximum number of Pandacoins (PND) be?
Not fixed nor limited when we switch over to PoS. The 100,000,000,000 Pandacoin (PND) coin cap from PoW stage would no longer be relevant since we are switching to PoS. We are switching to PoS when 32,000,000,000 Pandacoins (PND) are mined, which marks the end of the approximately 3 months of PoW phase.
 
How could I start PoS mining when it rolls out?
Once we have finished testing the PoW to PoS conversion and have it implemented, you will have to download our new wallet, have it unlocked and leaving your wallet open with an online connection to start mining!
 
Do I need to exchange my current Pandacoins (PND) for new ones when we switch to PoS?
No, you keep your existing ones. All you have to do is to download the new wallet, unlock it, keep the wallet open, stay connected to the internet and start mining coins from your wallet!
 
Can I still mine Pandacoin (PND) directly with my mining rig?
With Pandacoin (PND) switching to a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative cryptocurrencies and exchange them for Pandacoin (PND) through our 450+ mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
Website: http://multi.pandapool.info
 
Subreddit: http://reddit.com/r/multipanda
Bitcointalk thread: https://bitcointalk.org/index.php?topic=552464.0
Email: admin at pandapool dot info
 
How does the Pandacoin (PND) multipool work?
 
The Pandacoin (PND) multipool automatically switches between coins to mine based on difficulty and price variations in order to be as profitable as possible for the miners. For payout, the multipool computes the proportional share of each miner over rounds that last four hours. Once a round is complete, and after the mined blocks become mature, the multipool exchanges all coins for Pandacoin (PND). Please note that due to the time required for block maturation, deposits and withdrawals on exchanges, payouts for a round are processed one hour after the end of the next one. The multipool also apply a fee of 1.25%, in addition to the exchange and transactions fees required by the operation

Join us on IRC: #PandacoinPND on freenode.net where the fellow pandas hang out!

For the latest news and updates regarding our coin, check out our social media accounts!

Twitter: https://twitter.com/PandacoinPND
Facebook: https://www.facebook.com/Pandacoin.PND
Reddit: http://www.reddit.com/r/PandacoinPND
319  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 13 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 08, 2014, 11:36:54 PM
Seems like we are in between storms at the moment. The past few days have been a wild ride, very good to see that it wasn't a "pump and dump" like some predicted and we are simply getting more people interested in PND. I'm excited for the future and hope changing to PoS will help the coin grow further which will in turn help to better achieve goals set.

I really like the PND4PND website but we're still far from being able to make a difference. That's why i'd vote for holding all coins donated untill we've raised enough PND that can actually make a difference. Also maybe the devs can start focussing a little more on charity side of PND. Features like being able to automatically donate a % of minted coins to a specified address would be nice or maybe its possible to make it a core functionality of the coin that a fixed number of coins are annually generated to be used for charity. Leaving it up to the community and the devs what is the best way to 'spend' these. That way we'd be able to create a steady income for charity which in turn should help us with projects like adopting a panda.


--

Edit: I think i jinxed it. Nice mintpal buy @ 98 - 2014-05-08 17:04:30   BUY   0.00000098   37384953.96938776   36.63725489

This has already been planned but will only be useful once the multipool is the only option to mine the coin.

Okay thanks, didn't know that, will be using it once it's there.

Are there any plans to update the pandacoin.net website? I'd for one would really appreciate a blog/news section where items like the "Pandacoin (PND) official statement [....] 100% Proof of Stake (PoS)." could be placed. If there aren't i'd be willing to help out on that front.

I'll contact you about it via PM tomorrow if that's alright?


As long as it gives us exposure it's welcome.
320  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 13 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 08, 2014, 09:32:44 PM
What about getting on that new sharex exchange?

https://bitcointalk.org/index.php?topic=598531.new#new

Good idea.

https://bitcointalk.org/index.php?topic=598531.msg6620487#msg6620487
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