Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Pigeoncoin (PGN) – a cryptocurrency network with a new X16S (shuffle) algo
by
assoil
on 25/03/2019, 15:10:44 UTC
One year ago Pigeoncoin was publicly launched.  I have been very interested in Ravencoin since it was just an idea being passed around at Bitcoin conferences.  PGN was a fork of RVN and I only noticed it due to that fact. Immediately after PGN project was public knowledge I noticed what most experienced crypto folks would, that the project was premined (~100,000,000 coins) by a group before giving the public a chance to get in on the ground floor.  The response to pointing this unfairness out was very hostile but also a barely believable admission 'We were young in experience and naive'.  I believe bringing this up might have been among the first reasons given to ban me from that community.  I evaded the ban, because I had mined a little PGN to play around with and wanted to have some fun advising these newcomers on how to run a project I have a small investment in.  

Crypto is a well paying hobby to me.  I've learned a lot from my time building market tools for PGN that will help me in all of my market activities.  I am very grateful that I've spent the time learning more of the economics of PoW mining with the PGN parties (wild difficulty swings due to the Satoshi difficulty retarget system that they waited FOREVER to fix against my advice) and later on with mining arbitrage.  I've been involved with almost a dozen crypto projects and have seen quite a bit of both good and bad ideas.  I've advised crypto projects both big and small in market capitalization under various pseudonyms for the past 4 years of my life in official and unofficial capacities.  This is by far the most inexperienced group I have worked with to date, but I was still having a lot of fun sharing my opinions and watching them come true despite being banned repeatedly for sharing them.  

Eventually the bans stopped and I decided to help their lead developer with an introductory paper to the idea of a decentralized social network built on top of masternodes.  Unfortunately they never had any time to put into it, and while we both had different ideas about how the protocol should look, the only idea that ended up on paper was my own.  Just prior to me publishing the paper for my own idea, The Flamingo Social Protocol, I became a PGN community representative.  I thought this may give me a platform for my ideas to better be heard and hopefully to help the project, but it became very symbolic in nature after seeing how my objections were so easily disregarded by the a majority of reps without much discussion concerning an upcoming release.  They wanted to rush it, and it ended up being a shit show like I had said it would be.  'At least the project didn't die' they said.  It was pretty infuriating watching these folks so nonchalantly almost kill our meager investment in the project.

The lead developer claimed that the Flamingo developers wouldn't be able to build their vision for the protocol due to a concern over a very minor part of the protocol, which ironically enough has since been solved by choosing the correct code base to start with and protocol architecture.  The work has already been done for us thanks to open source software and a bit of creative thinking.  I tried getting them to discuss the objection further to no avail.  The leading voice in the reps group took the objections as the gospel instead of applying any logic or trying to understand the objection better.  This was an unwinnable debate, from my view.  I volunteered the past year of my life to PGN because it was fun, and it's only common sense that I leave when that aspect of the project is gone, so this is my goodbye.

You can follow how the Flamingo Social Protocol evolves on our discord: https://discord.gg/qnxmHcM
Or follow our Bitcointalk PRE-ANN to stay current on our completely fair and public main-net launch here: https://bitcointalk.org/index.php?topic=5118193

interesting to see a btc talk thread ann so inactive that youre moving onto a different project yet named on the OP lol

oh bear market

It's nothing to do with the activity on the bitcointalk thread.  PGN is actually a fairly active project if you mind the discord over the thread here.  The politics of the situation are pretty much summed up well in both locations.