The Pennykoin Network is a community driven by development of a secure & untraceable internet money focused on keeping your finances personal & private.
Pennykoin is a Pennykoin Native mean of payment.
Look at it as Cash, just in digital form.
As Cash Pennykoin have some of the same attributes like Anonymity & Intractability.
PK Savings account is a simple deposit scheme.
You place a minimum of 25.000 for a fixed period of time (3 month) in the chain lock and for that you are rewarded with 1% interest rate.
It is simple, effective and helps to enhance PK Network.
It's a simple interest transaction.
If you deposit 1.000.000PK at the start of the term Smart Saving will net you 1.010.000PK at the end of the term.
PK uses special technology called RingCT (Ring Confidential Transactions). It allows PK network to conceal sources & amounts of each transaction, making it highly resistant to any analysis.
PK Network uses POW algorithm called CryptoNight.
Mining is a way of processing & securing transactions on PK Network.
Cost of transaction start from as low as 0.1PK.
You can increase the cost for faster processing.
PK messages are always end-to-end encrypted by the power of the Pennykoin secure and private blockchain making communication private and safe proof from any prying eye.
We can't read your messages and no one else can either.
With PK Messages you control your messages and how long you want them to appear. Set the self destruction timer and they will vanish forever when the timer is out.
Max supply: ~10 billion
Block reward: Decreasing yearly
Block time: 180 seconds
Difficulty: retargets at every block
There will ever be 10 billion PK created.
They are divided up to 2 decimal places, or 100 pennies each.
Emission will be 20% the first year, then 10% for the next six years. After the community will decide for the final part of the emission reward not exceeding the initial limit of 10 billion.
You can buy on the following exchanges:
Yes. There as updated map being made for 2019.
Watch this space for release.
There is no CEO at Pennykoin.
PK is a community coin started by Lead Dev Jerry.
Anybody can participate and help the network grow.
If you would like to participate join our Discord.
PK is pure cryptocurrency.
Once the transaction is confirmed on the blockchain there is no way of reversing the transaction.
Please download latest release from PK Github.
Join our Discord and post under Support channel.