Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Pigeoncoin (PGN) – a cryptocurrency network with a new X16S (shuffle) algo
by
neonnexus
on 05/09/2018, 07:38:44 UTC
Main developer leaves coin?
Who's left? Will there be a new team?
Where can I see the specification of future mobile application?

yes the devs left.
Its upto the community to develop the application and website.
App was supposed to launch in Q4 it may not launch untill next year.
Just HODL the coins and wait and see if someone take up this project.

wait a second......the team left the project??? that's insane.. unless I'm missing something? I just loaded up my wallet today and its acting crazy so maybe this thing is done? anyone, thoughts?

We have a new dev and we are active in discord. Also Luke, founder of Pigeoncoin, is still working on the project too (at reduced hours) and is also active in Discord. We are currently voting on key holders for our dev fund block reward multisig address. The code for our 5% block reward dev fund has already been added to our repo and is currently being tested. Go to the #ideas channel in our Discord to get a view of what is being planned for Pigeoncoin.  

its ridiculous.. Mr. Luke Spaghetti has updated x16r algo to x16s version which is not that extraordinary as he thought.. time has shown that x16r is good enough and doesnt need to be modified, so what left was x16s as a proof of concept without any idea about further usage. So he started an unique project about social messaging or something completely different and far far away from crypto world. And "surprisingly" he failed.. or better to say, he knew from start, that this approach couldn't work. So now he left the game with milions PGN in the wallet(what If), and instead of a some kind of a say goodbye speech, he added 5% "reward" to a DEVs.. which means 5% rent or better to say protection money(like mafia) and now till end of the world he will reach 5% of every single PGN  Smiley Smiley He must be a genius.. guys, there is nothing.. if you want to continue with project, just create your own over the one friday night at max(just check you tube), and stop supporting this scammy crap

The 5% dev fund was not Luke's idea. It was the community's idea, and is to fund development of our proposed open source MN data caching layer (look into it, it's awesome IMO). Pigeoncoin is much more than just x16s (which is more efficient than x16r). I've been in communication with Luke almost daily for the past several months. I can assure you that there is no scam or malicious intent anywhere. x16s was born out of a genuine user experience of x16r and recognition of a possible improvement to it, and the altruistic concepts were added to provide additional utility to address a need that Luke and the core team of the time saw as something important. The pigeon social app, along with any other dapps the wider crypto community want to add, will all work on top of the trustless data caching layer.

It's easy to promote unfounded FUD, it takes time and research to come to an accurate understanding of a project.