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     Remember when you first got interested in cryptocurrency?  It was such a cool feeling to be a part of something that was gonna change the world. Then the money happened and now it just seems like something for investors to mess with, not an actual breakthrough in decentralized, egalitarian currency. I want to bring that feeling back and make it stay forever.

     Pennykoin was the ONLY actively developed, fairly launched coin based on XDN codebase, featuring encrypted messaging & deposits that accrue interest.    

   Pennykoin intends to stand out in the fairly crowded privacy coin market by focusing on adoption/accessibility  and actual usage. Accessibility is served by using familiar terms, and attempting to write documentation/software that is meant to be read & understood by EVERYONE, not just current cryptocurrency enthusiasts.  Actual usage is a tougher nut to crack. I will be launching several sites myself that will accept PK over the next few months (details in roadmap. In addition to this I will get payment mods for as many CMS/blogs going asap.
 
   There are 10 billion pennykoins, 2 decimal places, or 100 pennies each. Emission will be roughly 20% the first year, then 10% for the next six years. No coin has existed 8 years at this point, so we will assess the situation after that.
 
   Transfers are fairly expensive at a penny each (due to 2 desimal places, is the smallest unit), and are a flat fee. Blocks for the first year have 12000 pennykoins, targeting 3 minutes of difficulty.  
 
   Deposits require at least 25000 coins ( little over 2 blocks) and can only be deposited for 3 months. Each 3 month deposit earns 1%, or 4% (not compounded, roughly 4.4 if) annually.

  There are a lot of features in various cryptonote coins. I intend for Pennykoin to implement as many of these features as possible.
 


  I am not the best programmer, I am however very determined and I will not give up on this project. If you check my post history you can see I’ve been thinking about doing this for a while now.

   This is a community project. I am moving forward with a very strong vision of what this coin should be, I am not willing to compromise on that. I will accept  help, but I have to push this project into the right path.  God knows I could use some help coding.
 
   As of now, website, GUI clients for windows/linux, and a block explorer are live. I plan to hit every milestone in the roadmap at or before the noted time.



 
If you can code, would like to spread the word, or help in any way drop me a PM, tweet, or email at pennykoin@fam-base.net