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!
What is the new Pinkcoin?
Pinkcoin is a classic PoW/PoS based coin with fixed PoS rewards, launching a new technology called flash-staking. Flash-staking increases the stake rate and reward structure during pre-selected peak hours of the day, reducing the overall block count over time while retaining the confirmation speed that Pinkcoin is known for.
In addition to its flash-staking capabilities, Pinkcoin also offers another revolutionary, first-of-its-kind staking feature we call side-staking. Side-staking allows users to break up staked reward blocks while outputting them automatically into multiple addresses. This extraordinary ability allows for a concise and simplistic way for users to donate and tip their staked rewards to friends, family, various crowdfunding campaigns, and all their favorite charities with an easy set it and forget it click of the mouse.
The aim for Pinkcoin is: simple, trustless transactions between individuals and public facing businesses with user friendly controls that emulate what one might expect from a private credit card or checking account. Making the process of donating fun, easy, and effortless, Pinkcoin’s exhilarating new blockchain is crafted to encourage altruism!
The General Specs:
POW/POS, Scrypt mining algorithm
POW: 2 Minutes, Reward 50 coins
POS: 6 Minutes, Reward 100 coins
FlashPOS: 1 Minute, Reward 150 coins
Average block time POW/POS: 1 1/2 Minutes
Average block time FlashPOS/POW: 40 seconds
Rewards halve every 2 years
Ultimate cap is 500,000,000 coins
- People with fewer coins have a much higher chance of staking successfully during peak flash hour periods, when rewards are highest.
- A worthwhile number of coins are mined, and the mining is consistent across the board, making blocks consistent and further hardening the network.
- It is designed as a balance for all mentalities – min/max, consistent stakers, and dedicated miners.
- User-friendly controls allow for making donating staked rewards to multiple addresses a breeze.
“The whole concept should encourage a healthy, permanent network. Minute and a half blocks are plenty fast for most purposes. Anyone that wants to rush the market or otherwise complete a transaction more quickly than normal can plan their transaction to take place during a flash period. However, if you did you’d be doing so at the expense of the coins you could have staked yourself during that time. So it’s got a game to it. A little play, a little fun, a little angle people can try to work.” -Caligo, Lead Pinkcoin Wallet Developer
Where is $PINK Going from Here?
How Safe is Pinkcoin for my Investment?
“With Over 3 Million Coins Funneled into Donate4Life, Even More $PINK will Begin Staking out to Wallets Supporting the Network”
8-1-17 By Devin Saxon. August 1st marks the split between Bitcoin and BitcoinCash, but it also marks the second round of depreciation for Pinkcoin. Another 10% of the remaining unclaimed Pinkcoins from the 2014 network have been put to good use; every fund on Donate4Life has currently surpassed the 1 million coin threshold to launch, and is now actively staking out coins to the Pink Army.
You may remember the Rain Cloud becoming active during the last round of depreciation — which stakes out coins evenly across addresses currently staking on the $PINK network — now the smallest staking wallets will be given priority and will begin randomly receiving whole stakes through the Acorn fund. Not only that, EVERY wallet staking on the network will have an additional chance at being awarded bountiful stakes from two funds: the Elder Tree as well as the Rain Cloud! Simmer down, it just got lit asf up in here.With the activation of these additional funds, there are now even more opportunities to be awarded stakes than ever before. So fire up your wallets and start staking huge returns today, don’t miss out on that sizzling Acorn/Elder Tree action!
Now for a brief message from our good friend, Crypto Barbiee, be sure to like and subscribe to her Youtube channel! And don’t forget to Follow her on Twitter @CryptoBarbiee.
For more details on other activated Donate4Live funds check out the following Pinkcoin Official video brought to you by the bedazzling video-editing guru, RileyX, and as always, for your most trusted breaking news bulletins be sure stay to tuned into the Great Pink Buffalo, forever here and sincere for the Pink Army! #BCCDrools #BitcoinRules
(Backed by popular demand, “International” is now the Education Fund; each donation goes towards staking to schools educating children on Pinkcoin & blockchain technology. Full Story to be highlighted in upcoming post, stay tuned.)