[ANN][PoW] PegNet: A CPU Mineable Stablecoin and Synthetics Network for DeFi

[David Chapman]

Hello everyone we are happy to announce the public launch of our PegNet mining pool: https://www.oraxpool.com

We have been running privately for more than 2 months and distributed over 10 millions PEG to our miners.

I've been one of the beta testers of the Orax pool and can say it is EXTREMELY user friendly. Put your CPUs to use for Factom and get on PegNet by mining!

[PegNet]

PegNet mining hash continues to soar.  With the advent of the first public mining pool (see the first post of this thread for info) it's easier than ever to join.

[PegNet]

A new release for pegnetd is available. Please see the release notes for details. In short, more apis were added to find all transactions related to an address as well as other transaction discovery calls.

Release can be found here: https://github.com/pegnet/pegnetd/releases/latest

[oleganpetro]

It is very pleasant that such promising projects appear. I am studying PEG information now and will soon join this community.

[PegNet]

PegNet Capitalization is now over 1 million dollars: https://pegnetmarketcap.com/market-cap

[PegNet]

Another 38,000 FCT have been burned to pFCT to capitalize PegNet.  That brings the total number of burned FCT to 272,360.26!

[PegNet]

PEG has been listed on a CEX called VineX.  They added both a PEG / BTC (https://vinex.network/market/BTC_PEG) and PEG / USDT pair (https://vinex.network/market/USDT_PEG)

[samuraijin]

Another 38,000 FCT have been burned to pFCT to capitalize PegNet.  That brings the total number of burned FCT to 272,360.26!

okay that's good news and it looks interesting, so my question here is I'm a little interested after reading about this project, I want to test and try to mine using a CPU with windows, where can I get an online wallet for pegnet? I like the concept of POW

[PegNet]

Another 38,000 FCT have been burned to pFCT to capitalize PegNet.  That brings the total number of burned FCT to 272,360.26!

okay that's good news and it looks interesting, so my question here is I'm a little interested after reading about this project, I want to test and try to mine using a CPU with windows, where can I get an online wallet for pegnet? I like the concept of POW

A GUI wallet is being worked on and is about 2 weeks out.  It'll be announced when released.  Until then you'd need to use a command line wallet.

You CAN generate your Factom address where you'd send the coins to from the mining, but you won't be able to see the balance without using the command line.

[David Chapman]

PegNetMarketCap.com now supports PEG pairs from VineX which added PEG yesterday.  https://pegnetmarketcap.com/asset/PEG/exchange-price-trend

VineX is a CEX that added PEG yesterday.

[David Chapman]

pUSD, a truly decentralized, fully auditable, US Dollar stablecoin on PegNet that competes with USDT and USDC, is now listed on ViteX.  PegNetMarketCap.com displays that data https://pegnetmarketcap.com/asset/pUSD/exchange-price-trend and as of right now, pUSD is at $0.98 on the exchange.  A good start!

And the tweet: https://twitter.com/pegnetmarketcap/status/1195008320114806785

[David Chapman]

Article: What is the maximum supply of of PEG, the CPU mineable token of PegNet?

[PegNet]

If you haven't started mining yet, it's super easy to mine with your CPU and get PEG!  Just join one of the pools in the first post of this thread.

[samuraijin]

If you haven't started mining yet, it's super easy to mine with your CPU and get PEG!  Just join one of the pools in the first post of this thread.

I use Windows 10, but there are a few problems and errors, I have followed that method here https://docs.oraxpool.com/getting-started/quickstart-guide but when I access the terminal: $. \ orax-cli. exe register does not work at all, is there a tutorial to mine, I think it would be cool if there is a tutorial to mine

[PegNet]

If you haven't started mining yet, it's super easy to mine with your CPU and get PEG!  Just join one of the pools in the first post of this thread.

I use Windows 10, but there are a few problems and errors, I have followed that method here https://docs.oraxpool.com/getting-started/quickstart-guide but when I access the terminal: $. \ orax-cli. exe register does not work at all, is there a tutorial to mine, I think it would be cool if there is a tutorial to mine

Please join the Orax Discord here: https://discord.gg/AKRXuM9 and ask for help.  I'm sure they can get you up and running.

[samuraijin]

If you haven't started mining yet, it's super easy to mine with your CPU and get PEG!  Just join one of the pools in the first post of this thread.

I use Windows 10, but there are a few problems and errors, I have followed that method here https://docs.oraxpool.com/getting-started/quickstart-guide but when I access the terminal: $. \ orax-cli. exe register does not work at all, is there a tutorial to mine, I think it would be cool if there is a tutorial to mine

Please join the Orax Discord here: https://discord.gg/AKRXuM9 and ask for help.  I'm sure they can get you up and running.

thank you, I tried with linux it works fine it's just that windows is a bit problematic, I will visit their discord, I still sync the wallet a little bit slow, but I will have lots of questions about this, so let's look for answers there

[PegNet]

PegNet now has a block explorer: https://pexplorer.factom.com/

[PegNet]

For the record, there was no premine.  No coins were held in reserve.  There was no ICO.  This was a fair launch coin and there is no company or foundation in control or that holds coins on behalf of PegNet.  This is a decentralized ecosystem.

[ningrum]

For the record, there was no premine.  No coins were held in reserve.  There was no ICO.  This was a fair launch coin and there is no company or foundation in control or that holds coins on behalf of PegNet.  This is a decentralized ecosystem.

Do you intend to compete with Bitcoin? but I see PEGNET more than Bitcoin and it looks like Ethereum,
I see pEth, pXLM, pBitcoin etc. what does all this mean? I am curious

[PegNet]

A Python wrapper around the pegnetd APIs in now available on PyPI. https://pypi.org/project/pegnet-py/0.0.2/