Dear CoinEx users,
Due to the completion of PGN wallet maintenance, CoinEx will resume PGN deposit on June 18.
About PGN
Pigeoncoin (PGN) is a cryptocurrency that uses the X21S algorithm and uses the Proof of Work algorithm. The Pigeoncoin was developed based on the UTXO model and adapted to the latest LWMA (linear-weighted moving-average) difficulty algorithm to ensure the stability of the blockchain system. The launch date of Pigeoncoin mainnet is March 21, 2018. The founder is Luke Pighetti. Pigeoncoin has a total supply of 21 billion and the circulating supply is 2.1 billion. Pigeoncoin has no funding and no premine in any form. The blocktime is 1 minute and 5000 PGN issued per block. Pigeoncoin innovatively uses the official MG-scale mining pool to attract core miners and collects 5% as a development fund to support the ecological development of the Pigeoncoin. Pigeoncoin is the first cryptocurrency to use the X16S encryption algorithm and adapt the Proof of Work algorithm. And later PGN was upgraded to use the X21S algorithm. The Pigeoncoin community has gathered IT developers and elites in various fields to jointly develop the PGN underlying public chain. In the future, through the Masternode technology and high-performance Datanode data node, Pigeoncoin hopes to achieve high-performance social data transmission and storage.
Pigeoncoin (PGN) is a cryptocurrency that uses the X21S algorithm and uses the Proof of Work algorithm. The Pigeoncoin was developed based on the UTXO model and adapted to the latest LWMA (linear-weighted moving-average) difficulty algorithm to ensure the stability of the blockchain system. The launch date of Pigeoncoin mainnet is March 21, 2018. The founder is Luke Pighetti. Pigeoncoin has a total supply of 21 billion and the circulating supply is 2.1 billion. Pigeoncoin has no funding and no premine in any form. The blocktime is 1 minute and 5000 PGN issued per block. Pigeoncoin innovatively uses the official MG-scale mining pool to attract core miners and collects 5% as a development fund to support the ecological development of the Pigeoncoin. Pigeoncoin is the first cryptocurrency to use the X16S encryption algorithm and adapt the Proof of Work algorithm. And later PGN was upgraded to use the X21S algorithm. The Pigeoncoin community has gathered IT developers and elites in various fields to jointly develop the PGN underlying public chain. In the future, through the Masternode technology and high-performance Datanode data node, Pigeoncoin hopes to achieve high-performance social data transmission and storage.
Thank you for your support!
CoinEx Team
June 17, 2020