Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Pigeoncoin (PGN) – a cryptocurrency network with a new X16S (shuffle) algo
by
icezer0z
on 29/03/2018, 14:35:30 UTC
A Rvn clone, sweet, but unfortunately no overstock news. So pump and dump. Why would anyone invest in this. You also could have thought of a better name, this screams Shitcoin.

Even Dogecoin started as a joke. Years later and it is still here.

There is indeed a big risk in investing mining power in a clone. We, miners in PGN are obviously taking the risk here. A coin name can easily be changed in a re-brand. A coin's purpose can be changed and forked if necessary. Features can be added to improve the coin.

What's difficult to get is miners' interest and community participation. Look at the stats, number of miners and network hash rate are increasing by the hour.  Interest in RVN has spilled over to PGN. It's up to the devs if they can build something worthwhile on PGN and not waste the interest generated by it and the opportunity it represents in building a useful coin. Let's hope they did not make PGN for just a pump and dump scheme.

any coin can be a shitcoin.  what i like is that someone took the open source code from raven and made it better for psu efficiency.