[ANN] Pinkchain - PoW + Staking | Ethash | Greater Alternative to PoW Ethereum

[PinkChain]

What is Pinkchain?

Pinkchainis a Layer-1 EVM Blockchain Platform focused on DeFi, GameFi and Metaverse. It is the first PoW Blockchain to have Liquidity Mining and Staking, a greater alternative to PoW Ethereum. Pinkchain is Scalable, Sustainable, High-performance Blockchain Platform and fully compatible with EVM enabling developers to build scalable user-friendly dApps at nearly zero cost. Pinkchain ensures real decentralization using Proof of Work (PoW).


PinkChain Features

• ✅ 10 seconds Block Time
• ✅ PoW Mining
• ✅ Cold Staking
• ✅ Farming
• ✅ EVM Compatibility
• ✅ High Performance
• ✅ Cross-chain Support
• ✅ Near Zero Fees
• ✅ Native Stablecoin
• ✅ PinkDAO

Official Links

🟢 Website: https://pinkchain.net/
🟢 Whitepaper: https://pinkchain.net/docs/whitepaper.pdf
🟢 Github: https://github.com/PinkChain
🟢 Docs: https://pinkchain.gitbook.io/
🟢 Mining: https://pinkchain.gitbook.io/mining/
🟢 Mainnet: https://pinkscan.org/
🟢 Telegram Ann: https://t.me/PinkSmartChain
🟢 Telegram Chat: https://t.me/Pinkchain_chat
🟢 Discord: https://discord.gg/jzxrn5H4eQ
🟢 Twitter: https://twitter.com/PinkChainNet

[seabiscuit40]

when i  can  mine pink?

[MMOStars]

Official Discord please.

[unnamed0simple]

PinkSale Presale
When do you think that will be?

[PinkChain]

when i  can  mine pink?

At the end of October.

Official Discord please.

https://discord.gg/jzxrn5H4eQ

PinkSale Presale
When do you think that will be?

Around Oct 15th.

[PinkChain]

Dear community, we are pleased to announce update regarding our chain and its rewards. Our chain is going to be a completely POW chain. Block time to generate each block will be of 5 sec. Each block will be having 1 coin as reward. 50% of the total supply has be allocated towards mining. This will generate 50M coins as rewards for almost 8 years or upto 50M Blocks. After that PoA / PoS will take over from that point of time or will require hard fork to continue mining.

For investors, early buyers and stakers they can use our coin to get more rewards through farming or staking. We have named this concept as liquidity mining. As they will be rewarded with our chain coin same as miners. This will allow both investors and traders to earn main chain coins as rewards. Rewards rates will be variable based on market value and market conditions.

More details will be published soon.

Also team is planning to start invitation bounty program till our chain is live. This will help us get spread among crypto community and PoW supporters who are still looking for alternatives to PoW Ethereum to forward their hashrate.

Thank you and have a great day!

[FP91G]

What mining algorithm will this coin use?
You use the POW algorithm, but the stakers will still receive the reward. I don't understand from what resources the reward for stakers will be paid?
Will you have a premine?

[Andrius_11G]

What mining algorithm will this coin use?
You use the POW algorithm, but the stakers will still receive the reward. I don't understand from what resources the reward for stakers will be paid?
Will you have a premine?

Algo is Ethash.
I would think they will have some pre-mine coins.

[FP91G]

What mining algorithm will this coin use?
You use the POW algorithm, but the stakers will still receive the reward. I don't understand from what resources the reward for stakers will be paid?
Will you have a premine?

Algo is Ethash.
I would think they will have some pre-mine coins.

Ethash algorithm is very good, because old video cards mine it perfectly. You are talking about premine, but I don't understand about parallel POS mining.
Will it be like Ethereum with 2 networks with POW and POS mining?
I hope that mining at the initial stage will be profitable until many miners come here

[PinkChain]

📢 Dear PinkChain community,

We are pleased to announce that we have successfully tested and deployed our public testnet. Within next 48hrs we will provide the steps for the miners to join our network and test their mining rigs and configuration for testing our network. This will help you to prepare for mainnet mining and also allow us to test our network efficiency.

For developers and other users/investors we will open faucet and they can collect testnet coins to deploy smart contracts and make transactions to test our network.

If any user finds any bug then feel free to report it to the team and in return we will reward them a suitable amount with mainnet coins under bug bounty program.

I request all our miners and investors to promote us and spread the word PinkChain. Pinkchain team is working day and night to make this project a great success and an alternative to the lost Ethereum PoW mining world.

Thank you and have a great day ahead!

✅ Explore the Testnet: https://testnet.pinkscan.org/

✅ Metamask Configuration (Add Network):

Network name: PinkChain Testnet
New RPC URL: https://testrpc.pinkscan.org/
Chain ID: 10101
Currency symbol: PINK
Block explorer URL: https://testnet.pinkscan.org/

[PinkChain]

What mining algorithm will this coin use?
You use the POW algorithm, but the stakers will still receive the reward. I don't understand from what resources the reward for stakers will be paid?
Will you have a premine?

It will be contract based staking. The network will be secured with PoW (Ethash).

[PinkChain]

Below we are sharing a simple guide to setup your mining rigs. Please follow the steps to get started. Test you rigs and check if it’s working or not and we have a small request to be made. Please donate small amount of hashrate to the testnet for few days, it will help us to test our network.

⚠️ FYI: There is not any official mining pool for testnet because it will make confusion, the guide is made for solo mining only.

✅ Step by step guide: https://pinkchain.gitbook.io/mining/testnet

⚠️ NOTE: This is a testnet so the mining rewards you get are not real PINK coins.

[PinkChain]

We are looking for mining pool owners to discuss about potential listing of PinkChain upon mainnet release to ensure decentralization at very beginning. Send us a DM and let's have discussion. You can also send DM in Discord / Telegram.

Telegram: https://t.me/HyperDaddy

[PinkChain]

🔥 PINKCHAIN POOL BOUNTY 🔥

PinkChain is hosting pool bounty for the mining pool owners. 10,000 $PINK coins will be distributed among top 5 pools having the highest hashrate from launch. Winners will be decided based on average hashrate per day for 7 days from launch. Team will take a daily note of hashrate of all participant pools at certain time and based on the record we will divide it by 7 to get the average hashrate. Top 5 pools will be distributed 10,000 $PINK coins based on hash ratio (Not equally).

To participate please fill the form below and list us as upcoming coin so that your miners will be aware of this and they will be ready to direct their hashes to mine this coin.

Feel free to contact the team if you have questions or need help.

NOTE: For first 7 days pool owners should keep 0 mining fee for the miners to support them.

✅ Form: https://forms.gle/9vPr1dJf9bdoiz6UA

[PinkChain]

Dear community,
This is an important announcement regarding our BSC TOKEN CONTRACT and PINK Tokens. We have generated 100 Million PINK token supply on BSC same as the max supply on our mainnet. This is done to bridge our chain with BSC at initial stage. Our token contract does not have any mintable function or tax function. This is done to ensure peace of mind by the pink chain holders that team will not have any access to mint more coins unnecessarily.

From 100 Million tokens which has been generated in BSC, excessive tokens (95%) has been already locked in PinkSale Token Locker by team and will be released periodically based on the calculations of POW mining rewards on our chain every year. Our 1st release will be on January 1st, 2023. It will take approx 10 years to unlock the last token on BSC. This brings a peace of mind to the PinkChain investors as team doesn’t hold the unwanted supply. Below are the contract details and amount which has been locked.

Currently BSC has 5M PINK or 5% available supply, among which 1% will be used for seed sale, 1% for LGE, 1% for liquidity on DEX and remaining 2% for initial bridge liquidity and bounty.

Token Contract: https://bscscan.com/token/0x473bbaa846f7de4a8fe357a68f434d472cd92f7a

Locked on PinkSale: https://www.pinksale.finance/pinklock/detail/0x473bbaa846f7De4A8fe357A68f434d472cd92F7a?chain=BSC

[PinkChain]

Dear PinkChain community, we are pleased to announce our whitelisting process for seed sale. Team is going to conduct seed sale and LGE (Liquidity Generating Event).

To participate in seed sale you need to get yourself whitelisted. We will release a form soon. Please fill out the below form to participate. Whitelisted members will be given 1st priority to participate in seed sale.

Allocations for seed sale is 1Million PINK coins and per coin will cost $0.02. Minimum purchase order will be $100.

LGE Event: This event will be conducted in Pinksale or similar platform after seed sale. 100% of the raised amount will directly get added as liquidity to PancakeSwap. Allocations for LGE event is 1Million PINK coins and per coin will cost $0.025. (Date for LGE event will be announced after seed sale).

Don’t miss the opportunity to get cheap coins before it gets sold out. Please get yourself whitelisted to participate in seed sale. Buyers will get the opportunity to stake and farm more coins from our farming pools.

Thank you.

[PinkChain]

Dear Pinkchain community,
Below is the link for whitelisting. To participate in seedsale please fill out the form below. As mentioned in previous announcement, whitelisted users will get the 1st priority to get PINK Coins under seedsale.


🔷 Available in Seedsale : 1,000,000 PINK (1% of max supply)
🔷 Seedsale Price: $0.02
🔷 Minimum Purchase: $100
🔷 Target Hardcap: $20,000
🔷 Accepted Currency: ETH, BNB, USDT, BUSD, USDC

🔶 Whitelisting Closes on: 20-Oct-2022 2:00 PM UTC
🔶 Seedsale Start Date: 20-Oct-2022 5:00 PM UTC


💠 Whitelist Form: https://forms.gle/YLWqQXhkAA4j8deWA

[r_victory]

I liked the project proposal, but I couldn't find this information, when are you planning to launch the mainnet?

[PinkChain]

I liked the project proposal, but I couldn't find this information, when are you planning to launch the mainnet?

Well, the date is not fixed yet since we are not finished doing developments and testing. But we expect the mainnet to go live within 25th - 28th Oct.

[coin790]

Ethash algorithm to use and do fair mining.
there are already asic that already mine that algorithm, it will not be worth mining. I was interested in this project but I see that I will not have any chance with my 1050ti
i get decent hash rate for my card using heavyhash algorithm i get 100Mh but on Ethash its horrible my hash rate i only get 14Mh. and there are also asics like the ipollo v1 mini or other better ones for Ethash