As suave as a lick from Hendrix, and as bold as an exploding Sharpie, the mastermind duo behind Donate4Life (D4L) and Autoview have showcased their brilliance yet again–dawning once more a first-of-its-kind in blockchain-driven technologies. Carrying the baton for the pinkest fellowship in crypto, sprinting to the call of the greatest community on the block, Tranzium and CryptoRox, are elated to introduce to the Pink-Army, as well as the crypto-scene at large, the latest fashion in staking rewards: Grubstakes.
How it Works
PINK benefactors are invited to use D4L and vote for their favorite pitches, promotions, causes, charities, and freelance development ideas. Current recipients, or new applicants, who’ve garnered at least 1% of the votes in turn receive 1% of D4L’s staking rewards; 10% of the votes garners 10% of D4l’s staking rewards ect. To maximize their chances for votes and rewards, Grubstake recipients are strongly encouraged to update their D4L page(s) regularly with testimonials given by those they are helping through receiving aid from D4L, as well as any updates on goals that were able to be achieved, and(or) progress made on development projects.
What are Grubstakes?
Grubstakes are rewards earned via D4L by winning over the hearts and minds of the PINK community.
With D4L’s revamped staking pools introducing a plethora of shortfalls against stagnation, no longer will access to Donate4Life be available to only a handful of charitable partners. No longer will the addition of new D4L recipients be bogged down by lengthy waitlists. No longer will D4L applicants be chosen solely at the discretion of Pinkcoin’s core-team. By utilizing D4L’s completely revamped rewards structure serving up the fine dining of Grubstakes, the cake is finally in the hands of the PINK community!
Come see the new D4l for yourself!
Pinkcoin Showcases Donate4Life, Announces Upcoming Wallet Features. Plus, Highlights from PINK’s Keynote Voice of Blockchain Panelists, CryptoCayce and Caligo!
Having been showcased at three crypto/charity events already in just over a year, a fourth event is now under the belt of an increasingly seasoned, cheerfully campaigning grassroots Pinkcoin team. Going all out for round #4, Pinkcoin’s core-members convened in high spirits, this time in the Windy City, at Voice of Blockchain in Chicago.
Delighted to finally make new memories, talking crypto face-to-face with the PINK fam, the renown core-crew once again dawned their PINK threads to spread the good word, highlighting how PINK is building the groundworks for crypto philanthropy, paving the way for impacting social good, and how PINK will soon be catching eyes in a neighborhood near you!
As with all events sporting Pinkcoin on its roster, the super-human mastermind and architect of the ages, Elypse, made sure PINK’s booth was decked out to the max: vibrant banners, flyers, wristbands, and all of the best swag a crypto-fan could take home. Along with the meme-magister Ree bringing in a live feed to showcase Donate4Life, Navy Pier has never looked more pleasant tricked-out by pink love.
Not unlike BlockCon 2017 in Santa Monica, crypto-advocates from every walk of life stopped though Navy Pier to make introductions, mingle with the PINK fam, and share in enlightening and friendly blockchain chit-chat. Most notably to pace through the convention, slighting past the ICO token riff-raff, were the bountiful crowds– savoring to hit up the booth of all booths. From veteran fanatics to first-timers–stirring up their curiosity with each peak at the pinkest, most blinging coin showcased at the entire Voice of Blockchain event (maybe ever to hit Navy Pier)–to locals and tourists from half-way across the world, even long time fans of the project stopped by to tip their hats at the dream team that is the Pinkcoin community.
The icing on the cake came later when Caligo and Cryptocayce each spoke on two of the most reputable panels at Voice of Blockchain. With Cayce point guarding, representing PINK on the panel for crypto philanthropy–discussing the unmatched proficiency blockchain technology provides for charitable causes–Caligo suited up as linebacker participating as a panelist detailing various governance and consensus models in crypto. It was there that a silent bomb was dropped on an earnest crowd; the renown Pink Beast, Caligo, spilled the beans and dished out a sneak peak of what is in store for the near future of Pinkcoin.
That’s right, you heard it live at Voice of Blockchain, a new voting protocol with easy as pie polling features is coming to a Pinkcoin wallet near you. To get pre-gamed for this upgrade be sure to update to the new 220.127.116.11 wallets. This update is mandatory as well as a pre-cursor to additional upgrades already in the pipeline including: Flash-Proof-of-Stake 2.0 (detailed below) that will soon be implemented, along with a new-to-crypto voting system, kick-starting cutting-edge decentralized development features unique only to PINK.
To close out the Voice of Blockchain festivities the PINK crew shared farewell wishes with new friends, made final hugs to the crypto fam, traded contact info, marked calendars for the date of the next gathering honing in on new opportunities to collaborate alongside the plethora of other exceptional crypto organizations. With the pleasure of shaking the hands of so many crypto all-stars throughout August’s final weekend comes the thrill of brainstorming alongside a handful of them afterwards. Pinkcoin is hashing out the details of what will hopefully grow into lasting new partnerships for the coming year. Expect great things to come from the coin reshaping grassroot campaigns; be sure to update to the 18.104.22.168 wallets and stay tuned to the Great Pink Buffalo for more exciting news to follow.
Flash Proof-of-Stake (2.0)
What is FPOS 2.0?
Flash POS is a POS system that activates for 4 preselected hours each day and features a block discovery rate that is 6x the normal POS rate. The Flash POS 2.0 update increases the input requirements for finding a block to 100,000 PINK and adds stake control features to the wallet.
What is the reason for the FPOS 2.0 update?
To increase gamification opportunities for POS and FPOS block minters, increase network stability during FPOS periods, reduce network weight during POS periods to improve staking potential for smaller holders, reduce CPU, Memory, and Hard Disk access load for FPOS participants, and make POS control elements accessible to everyone.
How does the FPOS 2.0 update increase gamification opportunities for participants?
Each day 20,000 PINK is released through POS and 36,000 PINK is released through FPOS. Participating in FPOS means access to greater daily rewards, but at the expense of accumulated network weight associated with staking 100,000 PINK inputs. This reduction of weight for FPOS participants has the effect of relieving pressure on the POS system, improving opportunities for people not participating in FPOS to stake and potentially making it more profitable per coin to participate in POS over FPOS, depending on how many coins are dedicated competing for FPOS blocks. Converting coins to target FPOS is trivial as competitors will have far less accumulated age compared to POS participants, meaning that a person can quickly target FPOS and become competitive for blocks under the system. If it becomes more profitable to target POS over FPOS due to heavy competition for FPOS blocks, converting back to targeting POS blocks is non-trivial, as established participants targeting POS blocks will have the advantage of increased input age which significantly increases their competitive advantage over other POS participants that are newly targeting those blocks – individuals retargeting from FPOS to POS will have to wait several weeks before their coins reach potential under the POS system, in which time it may again become more profitable to target FPOS over POS.
How does the FPOS 2.0 update increase network stability during FPOS periods?
Because every FPOS 2.0 participant is guaranteed to be heavily invested and have significant financial interest in competing with their peers for FPOS blocks, creating an incentive for them to invest in a level of network connectivity and hardware that will be most successful during Flash Periods where the block rate has been significantly increased.
How does the FPOS 2.0 update reduce computing requirements for FPOS participants?
Traditionally, maintaining small UTXOs within the wallet is the optimal strategy for staking. This can be significantly cumbersome for large holders who must maintain thousands of UTXOs within their wallet in order for their coins to compete on equal ground with smaller holders. This can lead to wallet lag and freezing, block orphaning, and much higher computing requirements for large coin holders compared to smaller holders.
How does FPOS 2.0 help smaller holders?
Currently large holders dominate the network and make it difficult for smaller holders to achieve successful stakes on the network. By incentivizing large holders to target FPOS, we reduce network weight pressure during POS periods, creating a greater opportunity for everyone to successfully stake POS blocks.
(Cover Photo by Thought Catalog on Unsplash)
The renown coding Clydesdale of PINK’s core-team, a cavalier of the modern age, Tranzium, dishes out yet another entree best served hot. Just when you thought there was no other way to donate–from the brilliance that brought you Donate4Life, @PinkcoinTips, Relief.with.pink, Autoview, Pink Wars, and so much more–comes the new revolution in tipping: Headlamp.with.Pink! Now, at the tips of your fingers, the PINK fam is just one chrome extension away from sharing unused computer power to mine Pinkcoin for any of our favorite Twitch streamers.
Simply visit Headlamp.with.Pink to download the extension and click start! No hassles, no headaches, just another way crypto is changing the name of the game. To withdraw donations click “Your Account,” enter in the PINK address you’d like to withdraw to, and press “Withdraw.” That’s it. Simple solutions fast tracking altruistic support to everyone; mine Pinkcoin for your friends and family via Twitch! Additional details on this cutting edge new way to donate can be found by visiting:
“The hottest chrome extension to hit the markets since the Fourth Age! Tip PINK to your favorite Twitch streamers by mining with spare processing power. Micro tip, macro impact!”
>> In Case You Missed It<<
I’m excited to be representing Pinkcoin and speaking at this HUGE event in Chicago. Join me and use discount code pinkcoin for $100 off your ticket. https://t.co/1e3Xxe4wBd
— Pink Prophet (@CryptoCayce) July 29, 2018
Plus Details on Pinkcoin’s Recent Addition to CryptoBridge, Xchange, LiteBit, CoinSwitch, and SouthXchange
Are you one to dab your toe into a pool to test the waters? Do you apply that mantra to your crypto investments? Has it been getting on your nerves that it takes forever to stake rewards quickly unless you throw in more than you’re willing to risk right then? Well fret no more, thanks to the innovative dreamers over at Stake United, Pinkcoin hodlers can now safely and securely pool their coins together and stake collectively as one unit–automatically splitting the rewards amongst each other. Forget about waiting weeks for your coin weight to build up before stakes start streaming in, use Stake United to begin earning rewards within days.
Pinkcoin is also proud to announce it’s addition to some of the most esteemed exchanges around. Trade PINK using the decentralized advancements of CryptoBridge, effortlessly exchange EUROS directly into PINK using LiteBit, stock up your PINK bags while enjoying the swift and secure utilities of Xchange, trade PINK alongside 45,000+ other crypto-pairs with CoinSwitch, or enjoy the safe and mobile friendly services of SouthXchange. Thanks to these great additions, it has never been easier to trade and stake with PINK than it is right now. Join the PINK community today!