After nesting for the winter Pigeoncoin is spreading its wings once again! Over the past two weeks there has been a lot of development progress towards our upcoming Masternodes/Datanodes fork. Testnet is operational and syncing. Be prepared for Pigeoncoin's Masternodes. Our MN collateral will be set to 1 Million Pigeoncoin. See our list of Pigeoncoin exchanges: https://pigeoncoin.org/#exchanges (read our disclaimer and trade safe). Why Masternodes? Read our litepaper for an overview of our unique usecase for Masternodes. Pigeoncoin Litepaper: https://github.com/Pigeoncoin/brand/blob/master/Pigeoncoin_Litepaper_v1.pdf

With the launch of our new website, expanded team and new roadmap, we have created a new announcement thread found here:

https://bitcointalk.org/index.php?topic=5223237.0

Our official pool fee is already set to 0%. The 5% is taken at the protocol level so all pool miners and solo miners receive 5% less regardless of where or how they mine. As this 5% dev fee is at the protocol level it cannot be removed without a hard fork. It ends at block 1,420,000. Just to clarify further, if you mine on the official pool you pay no fee so the pool receives the full block reward of 4750 like any other pool or solo miner would anywhere else. If you mined say with a pool that charges a 1% dev fee, then the pool would get 4750 for the block and then also remove the 1% fee they charge the pool miner, so you'd get less from another pool than mining on the official pool. Effectively pools with a 0% fee only lose 5%, pools with a 1% fee lose 6%. 

Great question. We have a 5% development fee on every block coded into our wallet (network wide). 5% or 250 Pigeoncoin goes into our 3 of 7 multisig address managed by 7 community key holders. We are a community run coin and had a community vote to raise development funds by introducing this dev fee at block 420,000 with a guaranteed end at block 1,420,000 (roughly 2 years from when it started). Hope this helped to clarify?

Hi there, this ANN is no longer in use, please go to our new ANN https://bitcointalk.org/index.php?topic=5223237.0

Mining fees reduced to 0%!


Miners! In order to help distribute the network hashrate http://powerpool.money/ and https://pool.pigeoncoin.org/ have both set mining fees to 0% for February! At the moment an unknown pool/miner controls a significant portion of the hashrate so by two pools setting fees at 0% this should give miners a great option to help spread things out! To be clear, we don't feel this unknown pool is malicious, but it raises questions that go away when mining to public pools. If you haven't mined Pigeoncoin in a while please consider hopping on the network for a little bit on one of these two pools or if you are mining an unknown pool please consider hopping on one at least for a little bit as well to help the overall strength of the project!

TL;DR: PowerPool and Pigeoncoin pool are 0% fees for Feb! Time to dust off your mining rig and help strengthen the network!

Example Config

Power Pool:

Pigeoncoin Pool:

With the launch of our new website, expanded team and new roadmap, we have created a new announcement thread found here:

https://bitcointalk.org/index.php?topic=5223237.0