Decentralized network of stablecoins built by the people, for the people. Join the community: t.me/PegnetOfficial
Joined July 2019
- Tweets 881
- Following 245
- Followers 2,128
- Likes 1,537
217 Photos and videos
7 Nov 2023
Exciting news from Paul Snow! 👏🏻
A testnet for #PegNet is on the horizon, and we're eagerly looking forward to unlocking the power of converting pAssets. 🔁
#Crypto #stablecoin
youtu.be/tKCqk172q7I?si=xzcg…
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2 Nov 2023
The integration with @accumulatehq is underway, and price records are being built. 🚀
Check out the progress in this short video update by @paulsnx2
youtu.be/FoUJixxuGlA?si=fqIO…
#PegNet #Blockchain #stablecoin
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PegNet retweeted
9 Oct 2023
Join the #Accumulate Dev meeting to learn what the developers are working.
It’s happening right now! Click the link to attend ⬇️
meet.jit.si/AccumulateDev
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2 Oct 2023
If you already hold #PegNet assets on an @accumulatehq address, these can now be visualized in the #Accumulate mobile wallet app under “custom token management”.
⬇️ 🔥
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18 Sep 2023
Join us for this week’s #PegNet meeting at 11am CDT!
Meet us in 15 minutes
➡️ meet.jit.si/PegnetStatus
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13 Sep 2023
Mining on #PegNet - continued ⛏️
We're working to allow users to submit solutions directly to the protocol, creating an on-chain mining pool, which can be viewed from the block explorer. 🤩 /1
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13 Sep 2023
Based on where these solutions rank relative to others, we allocate points to miners.
Periodically, we assess the top 25 miners and distribute rewards to them, then resetting their point counts. /2
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13 Sep 2023
This approach ensures that even miners with limited hashing power can accumulate points over time, leveling the playing field.🔥
#Decentralization #CPUmining
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10 Sep 2023
Traditional mining pools vs. PegNet's approach 💎
#PegNet introduces the first ever on-chain mining pool! 🪙 Miners submit solutions directly to the protocol, earn points, and get rewards based on their ranks, creating fairness and leveling the playing field. 💪
#CPUmining
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8 Sep 2023
🌐 PegNet utilizes CPU mining to promote a democratic and eco-friendly system!
Unlike GPU and ASIC-dominated cryptocurrencies, CPU mining levels the playing field, making it accessible to all. Efficient RAM use and less heat make it a greener choice.
#PegNet #CPUmining
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7 Sep 2023
🚀 PegNet 2.0, powered by @accumulatehq, offers lightning-fast token transactions, finalizing in just 1-1.5 seconds! A massive leap from the 10-minute wait on the old PegNet on Factom.💥
#PegNet #PeggedAssets
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PegNet retweeted
4 Sep 2023
Oracles in #PegNet provide the crucial pricing data that underpins the value of pegged assets.
Check out this new article to learn more 🤓 ⬇️
bit.ly/3PmzMYw
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4 Sep 2023
See you in 5 minutes!
Today is your chance to become an early community member and contributor to PegNet 2.0. 🔁
Anyone can join the weekly community meeting hosted by @paulsnx2 at this link
➡️ meet.jit.si/PegnetStatus
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30 Aug 2023
PegNet offers a distinctive approach to establishing pegged assets (stablecoins).
It is 💎 The Fourth Way to create Pegged Assets.
It employs a self-collateralizing model in which a basket of pegged assets supports each other’s value. 1/2
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30 Aug 2023
PegNet’s approach avoids centralization and excessive reliance on specific assets, providing stability while avoiding regulatory vulnerabilities. 2/2
#PegNet #Decentralization
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29 Aug 2023
In the world of stablecoins, three mechanisms are recognized for establishing pegged assets: 1) algorithmic, 2) asset-backed, and 3) crypto asset-backed. These are described in #CoinGecko’s video.
💎 #PegNet introduces ‘The Fourth Way to Create Pegged Assets.’
#stablecoin
24 Aug 2023
Types of stablecoins, explained. 🪙
Dive into the world of stablecoins as we break down the differences between fiat-backed, crypto-backed, and algorithmic coins.
Watch the full video: gcko.io/weutwvx
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25 Aug 2023
🗓️ The next #PegNet status update is scheduled for Monday, August 28th at 11:00 AM CDT.
Stay tuned for the latest developments!
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PegNet retweeted
25 Aug 2023
🗓️ The next #PegNet status update is scheduled for Monday, August 28th at 11:00 AM CDT.
Stay tuned for the latest developments!
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