Quote from: Linux_Mint_Pal on August 28, 2014, 11:35:51 PM

What is Pandacoin (PND)?

The Origins of Pandacoin (PND) stem from the the great need to counter the manipulation we see taking place all too often within the decentralized digital currency community. Pandacoin (PND) was created as a solution to this problem and provides a platform designed to resist these manipulative forces. The original goal of Pandacoin (PND) is to bring honesty, integrity and a strong sense of community into the ever-growing world of decentralized digital currency. The Panda is a symbol of peace, positivity and compassion. It is these traits that we feel are most important in the development of a successful decentralized digital currency.

In order to achieve these goals, Pandacoin (PND) was built to have a fair launch with no insta/fast/premine with absolutely no IPO. We believe these features, in addition to being the only 100% PoS coin with more than 3 months of a PoW distribution phase, will allow Pandacoin (PND) to grow in the most fair and sustainable fashion as possible.

The founders, developers and architects of the Pandacoin Project have sought to make Pandacoin (PND) a decentralized digital currency that is geared towards use of the coin to bring liquidity to commerce interchange as opposed simply be another abstract commodity. Many new decentralized digital currencies are simply 'yet another' micro commodity with no vision beyond that with an attempt to derive value into an abstract commodity through complex regulations of minting of coin(s). These coins do not seek any utility beyond becoming an alternative form of commodity. Pandacoin (PND) is different - it is designed from the ground up to be used as a currency, not a commodity. The Pandacoin (PND) development team will develop services, applications and content to ensure Pandacoin (PND) would be used as a form of currency.

The Pandacoin (PND) development team aims to bring the entire decentralized digital currency market forward by adopting a philosophy of simplicity and ease of use in order to lower the current perceived high barriers of entry to the world of decentralized digital currency by the mainstream public. We endeavor to redefine the space and become the gateway decentralized digital currency and reach as much of the mainstream population as possible.

Might want to add this - PoS was done right before Scrypt-ASIC was shipped out to ensure fair distribution!