[ANN] Pigeoncoin (PGN) – a cryptocurrency network with a new X16S (shuffle) algo

[lukepighetti]

https://pigeoncoin.org/

Pigeoncoin pioneered the X16S (shuffle) algorithm and aims to complete an altruistic goal, to end data collection in social media as well as provide an opensource decentralised data layer platform for the development of decentralised community applications.
After many months of development, Pigeoncoin is now community operated. We are most active on Discord.

Our community board representatives (Discord names):

Luke Pighetti
Mr Sushi
Michael Oates
Neonnexus (John FR)
Tri
Nick Kliesen
assoil

BTC dev multsig address: 38oBuRdPkW4z8rv8U2LStueHDHYK5MvBtW


Coin Name: Pigeoncoin
Symbol: PGN
Founder: Luke Pighetti
Launched: 21st of March 2018
Coin Type: PoW
Algorithm: X16S (S = Shuffle)
Block Time: 1 minute
Block Reward: 5000 PGN (5% Goes to development fund)
Halving Schedule: Approximately every 4 years
Max Supply: 21 billion
Block Size: 1 mb (scalable)
Difficulty Adjustment Algorithm (DAA): Linear Weighted Moving Average (LWMA)
GPU Minable: Yes
ASIC Resistant: Yes
ICO: No
Pre-mine: No
Founders Reward: No
Masternodes: TBC (for infrastructure data layer)
Airdrops: No
Wallet Address Prefix: P
Wallets: Windows, Mac, Linux
Website: https://pigeoncoin.org/

Whitepaper: https://github.com/Pigeoncoin/brand/blob/master/X16S-whitepaper.pdf

Source Code: https://github.com/Pigeoncoin

Official Mining Pool: https://pool.pigeoncoin.org/
Roadmap: https://pigeoncoin.org/roadmap/
Statistics: https://pigeoncoin.org/stats/
Explorer: https://chainmapper.com/pgn

Discord: https://discord.gg/SZcf63h



Official Exchange: https://crypto-bridge.org/

Other Exchanges:
https://myqbtc.com/
https://safe.trade/

Important statement from our developers:

On Sep 26th Pigeoncoin was exploited by a known BTC bug that was made public the prior week, which allows one to be able to send duplicate unspent inputs when they mine their own block with such transactions. As a result, they were able to mine 3 blocks with these transactions in their block, which turned 5k PGN into 244M PGN. By the time the team and community was notified, it was too late to invalidate these transactions. Within 24 hrs the Dev team had patched and fixed the exploit, and as a community we decided not to rollback the blockchain to invalidate these transactions because of centralisation concerns from the community. The Pigeoncoin team and community take this as a learning opportunity to making changes in team/role structure to ensure we can minimize the chance of such an event from happening in the future.

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[1713285723]

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[1713285723]

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[alttankcanada]

AltTank Mining Pool | Pigeoncoin (PGN)  | http://www.alttank.ca/

FAST 1GB/s NETWORK

Host: alttank.ca
Port: 4646
User: Your wallet address
Password: c=PGN
Fee: 0.25%; switching to 0.5% April 1st.
Payout: Every 2 hours

Code:

-a x16s -o stratum+tcp://alttank.ca:4646 -u ADDRESS.WORKER -p c=PGN

Donating 0.25% of Mining Fees to PGN TEAM until April 14th

Join our Discord; https://discord.gg/

Enjoy RVN's Brother

[crowetic]

Pigeoncoin

On March 21st 2018 Pigeoncoin was launched as a proof-of-concept network for a new algorithm called X16S (shuffle). Pigeoncoin is a forked-fork of Bitcoin. We do everything on Discord. https://discord.gg/SZcf63h

I didn’t want a big richlist so I tried to bring CPU miners in on day one while handling the to-do list. On day five, I asked our group of twelve to start onboarding more miners... the word spread like wildfire through the Ravencoin community. Hashrate jumped from 1.5 MH to 20 MH in an hour, and membership jumped to 100.

The next day, last night, a GPU randowhale nearly burned down the network. @brianmct bailed everyone out with his quickly patched nevermore Nvidia GPU miner. We have one pool up and more are coming. We wanted more time on CPU mining but it just wasn’t in the cards. Hashrate is now 9600 MH and we have ~300 members.

The network has been active for six days. We’ve been out straight since launch. I apologize for not posting sooner. The last 24 hours have caught us with our pants down. After posting this [ANN] I’m going to bed. I hope everyone else is, too.

Why did all this happen so fast?

Some history:

I was an early miner on the x16r (random) Ravencoin network. x16r uses the last sixteen digits of the previous block hash to call its sixteen sub-algos. This pseudo-randomness is said to improve ASIC resistance.

I noticed that x16r GPU miners experience fluctuating power and hashrate. I figured this was because each algo used different amounts of power, and if the hashcycle composition was majority high power algos by chance, it would cause the power to rise. I found the uncertainty made it hard for miners to tune their system, while reducing the efficiency and potentially the lifespan of power supplies. I felt the total cost of mining with x16r could be improved.

My solution was to use the same last sixteen digits to reorder a list of all sixteen algos, and then use that “shuffled” list to call the sixteen sub-algos. The result is a hashcycle with every sub-algo represented once. The composition would be constant, but the randomness would be preserved.

This gave birth to X16S (shuffle) which maintains the legendary randomness of x16r while providing consistency for hashrate and power demand.



Hashrate consistency comparison between x16r and X16S (shuffle).

X16S Whitepaper: https://github.com/Pigeoncoin/pigeonbrand/blob/master/X16S-whitepaper.pdf



Blockchain Stats

We have a 1 minute block time, 5000 PGN reward, 21B cap, 2016 block retarget, 16 shuffled algorithms (X16S shuffle). There was no genesis block reward. There was no premine.

Timestamp reads "Reuters 21/Mar/2018 China stays on the sidelines as Venezuela spirals downward.”


Roadmap

Our initial goal was to prove the algorithm works as intended. Well, we proved success two weeks ahead of schedule thanks to our community, so now we get to try to catch up in all other areas! Expect an official announcement regarding roadmap very soon.


Links

Discord: https://discord.gg/SZcf63h
Whitepaper: https://github.com/Pigeoncoin/pigeonbrand/blob/master/X16S-whitepaper.pdf
Core wallet: https://github.com/Pigeoncoin/pigeoncoin/tree/master/binaries
Nvidia GPU miner: https://github.com/brian112358/nevermore-miner-x16s/releases/tag/v0.1-alpha
Explorer: http://explorer.pigeoncoin.org
Website: http://pigeoncoin.org But, we've been too busy to make one. Everything is on Discord.


Social Media

In order of use...

Discord: https://discord.gg/SZcf63h
Github: https://github.com/Pigeoncoin
Twitter: https://twitter.com/Pigeoncoin
Telegram: https://t.me/Pigeoncoin
Medium: https://medium.com/@pigeoncoin
Reddit: https://reddit.com/r/Pigeoncoin
 

Addendums

As I was writing this [ANN], Enemyminer announced an alternative X16S (shuffle) Nvidia miner.

Also, I have no idea why IMG tags aren't working.

[lukepighetti]

fixed images

Thanks 

[abanamat]

I'm in! 

[beefs]

mein mine

[ravenminer]

Come mine Pigeoncoin with an experienced team of bird miners!!!!  

https://blockcruncher.com

-o stratum+tcp://blockcruncher.com:3366 -u <WALLET_ADDRESS>

We charge a fee of only 0.25% unlike many pools which charge 1%

Over 15,000,000 Pigeon earned already. Come crunch some blocks!

[kondiomir]

Smells like a 7 days instamine to me...
Unfair launch.

[cobonadu]

Smells like a 7 days instamine to me...
Unfair launch.

a coin driven by community!

[DontShoot619]

Smells like a 7 days instamine to me...
Unfair launch.

I expected FUD, but damn that was quick lol, people hate on new coins no matter what.

[kondiomir]

There is no FUD. Just facts.

[ocminer]

Pool: https://pign.suprnova.cc

[SlyZillaTV]

Here you go:  http://explorer.pigeoncoin.org/network
theres nodes and more info about PGN

[Starxoff]

Are there AMD GPU miner available?

[ILUzbek]

strange project. you have a meager announcement. I would like to know more information. when will your road map be. Is there anyway?

[dkbit98]

Updated:

http://explorer.pigeoncoin.org/richlist

1   PNpqTwYYcfPeTEic5ibRWQeCPgyG2exVqu   19188828.09489337   20.69 %  POOL WALLET http://slinging.io/
2   P8jMr7GvDMVVXERnyngd4Wiq622nkSAXEU   8409997.96240040   9.07 %
3   PWKm1pSJRRtcETaoUdGaDTb197zWFbggeY   3967578.43095170   4.28 %
4   PSGTFDPKpM4wTgTuvV3eXPy7GmxrG8Ac63   3324444.99519449   3.58 %
5   PDGD81SM4idsjQACxLDozNsNwDYsEoXDBc   2000000.00000000   2.16 %

[jasemoney]

PREMINE ?

http://explorer.pigeoncoin.org/richlist

1   PNpqTwYYcfPeTEic5ibRWQeCPgyG2exVqu   19188828.09489337   20.69 %
2   P8jMr7GvDMVVXERnyngd4Wiq622nkSAXEU   8409997.96240040   9.07 %
3   PWKm1pSJRRtcETaoUdGaDTb197zWFbggeY   3967578.43095170   4.28 %
4   PSGTFDPKpM4wTgTuvV3eXPy7GmxrG8Ac63   3324444.99519449   3.58 %
5   PDGD81SM4idsjQACxLDozNsNwDYsEoXDBc   2000000.00000000   2.16 %

more like quietly launched with no BCT ann 6-7 days ago
tho 32 mil of near 100 mil coins have been thru that address

[vuppie0]

addnode=131.215.166.149
addnode=135.19.75.147
addnode=159.203.91.35
addnode=159.65.100.176:8757
addnode=165.227.200.154
addnode=165.227.203.111:8757
addnode=167.99.144.206
addnode=188.165.244.7
addnode=91.154.83.16
addnode=99.252.164.118:8757

[SlyZillaTV]

(1   PNpqTwYYcfPeTEic5ibRWQeCPgyG2exVqu   19188828.09489337   20.69 %)
Thats the main pool 3eyeed. http://slinging.io/
there is also blockcruncher.com pool and 1 more too soon.
There is the nevermore miner and enemy miner.. only nvidia rn and cpu mining on wallet. amd miner is being worked out and will prob be out within 48 hours.

[ocminer]

And here's a pool:

https://pign.suprnova.cc