What is PENG?
PENG coin is an open source public blockchain platform, which means that it is open for public participation at any level and has an open source code that the PENG community maintains. This is a platform that is built on the “Unspent Transaction Output” model common to most blockchains. PENG Coin is Proof of Stake (PoS) based and has a Decentralized Governance Protocol (DGP) that allows for the modification of specific blockchain settings through the use of smart contracts. It is one of the more effective public blockchain platforms supporting instantaneous value transfer at zero risks.
Proof of Stake
A DONATION PLATFORM THAT IS USER-fRIENDLY AND CREATES EXPOSURE FOR CHARITIES
PENG Coin is a cryptocurrency that aims to make charitable transactions more sustainable and cost-effective. By utilizing the safety, decentralization and convenience that blockchain infrastructure provides, PENG Coin ensures donations go directly to the actual causes rather than through middlemen. This is a far more efficient way of handling donations ensuring the donations end up with the correct party and reduces the chance of donations getting “lost”.
PENG Coin integrates features from several other cryptocurrencies, as it is built on PIVX, DASH & DigiByte source code to provide a built-in governance system, a masternode network, low-to-zero costs and fast block times. PENG Coin incentivizes the network through a sustainable Proof-ofStake consensus algorithm with sensible block rewards.
A dependable decentralized and open source application platform
PENG Coin operates a decentralized platform, meaning that it works independently without the requirement of any validation from a third party. Because of this, the platform is effective and trustworthy because of the internal matrix established with its nodes.
Decentralization also means that the PENG Coin platform is compatible with existing blockchain infrastructure, and is built in such a way that new technology can always be added to the platform.PENG Coin also operates an open-source currency. This means that there are no middlemen to take a cut of your spending. PENG Coin offers full transparency and opportunities for everyone in the network to contribute.
DONATIONS PLATFORM IS NOW LIVE: https://charities.pengcoin.org
PENG Coin is a cryptocurrency founded on the principles of sustainable giving. PENG aims to foster a community of forwardthinking humanitarians who value generosity and want a better vehicle for donations : a cryptocurrency that reflects shared values of self-reliance, community , and efficiency. Through a growing number of charity partnerships , PENG coin wants to reduce the incidence of fraud by cutting out middlemen and the risks inherent to fiat currency – so more purchasing power can go directly to each cause.
PENG Coin’s ultimate mission is to maximize coin accessibility through diverse initiatives to become the new standard for charitable giving. To make this level of accessibility possible, PENG Coin is available on multiple popular platforms. Eventual goals include partnerships with diverse humanitarian, environmental , and wildlife nonprofit organizations worldwide, virtual and physical stores in strategic locations, and the expansion of PENG’s marketing efforts globally.
Why Use PENG Coin?
Decentralized open source smart contract and value transfer protocol
PENG is developing one of the world’s biggest Proof of Stake peer to peer network. This means that it will function similarly to the Ethereum and Bitcoin networks, both of which have the biggest peer to peer networks where transactions can be done directly between peers on the network without the need of a central server.
A great opportunity for developers
PENG has an active development team with many contributors. You too can now become one of our many developers and contribute to the evolution of PENG as often or infrequently as you wish. Apply your skills to any part of the code.
Decentralized Governance Protocol (DGP)
PENG Decentralized Governance Protocol (DGP) allows for the modification of specific blockchain settings using smart contracts. The objective behind this allowance is to enable the rapid modification of blockchain parameters without disrupting the ecosystem. This thus significantly reduces the effort it takes to manage a hard fork for these basic blockchain parameters.
Abstract Account Layer
PENG Account Abstraction Layer abstracts the concept of Accounts away from the implementation. In other words, it decouples the applications from the underlying protocol. Thus, virtual machines such as the EVM are enabled to run atop the UTXO model that powers PENG.
A multi-Wallet Ecosystem
The PENG is fully backed by a wide range of crypto wallets. This thus allows PENG holders to do business across several industries without restriction. We also offer support for all our clients, whether such clients are iOS, Windows, Mac, Android, Linux, or web users.
PENG has global nodes distributed on six continents of the world, and this makes for a wider reach.
Our Strategy and Project Plan
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