PinkChain is a Layer-1 EVM Blockchain Platform focused on DeFi, GameFi and Metaverse
PinkChain is a Layer-1 EVM Blockchain Platform focused on DeFi, GameFi and Metaverse. It is the first PoW Blockchain to have Liquidity Mining and Staking, a better alternative to PoW Ethereum. PinkChain is a Scalable, Sustainable, High Performance and fully EVM compatible Blockchain Platform that enables developers to build scalable user friendly dApps at almost zero cost. PinkChain ensures real decentralization using Proof of Work (PoW).
EVM Compatibility
EVM stands for ‘Ethereum Virtual Machine’ which is a computing engine that acts like a decentralized computer having millions of executable projects. EVM works like a large decentralized or master computer to complete all kinds of tasks on the blockchain. PinkChain is fully EVM compatible and can run any application based on Ethereum/EVM. Developers can run smart contracts on PinkChain written in popular programming languages like Solidity, Pink. EVM is one of the biggest projects in the cryptocurrency world.
Cryptocurrency industry is founded by different Blockchain networks. Common networks are Ethereum Blockchain ERC20 and Binance Smart Chain Network (Bep20). Other effective Blockchain networks that have popularized the cryptocurrency genre are Polygon Matic, Solana, and Stellar Chain. Pinkchain is another Blockchain network that will join with additional features; it will be compatible with Ethereum Virtual Machines and will feature a kind of Proof of Work Mechanism that is different from traditional mining machines and mining rig setups. The Ethereum Virtual Machine is a computing engine that functions like a decentralized computer with millions of executable projects. EVM functions like a decentralized or large Master Computer running all classes of tasks on the Blockchain Network.
Competitive advantage
By being able to provide a secure, fast and reliable network, PinkChain has a competitive advantage in the crypto market and is confident in competing with other chains to become the user’s mainstay chain. And this competitive advantage can also be seen from the various features it offers:
- Secure network: PinkChain will provide a secure blockchain network for various user transactions. This network will not allow manipulation and hacking as it is very secure.
- PinkDAO and PUSD: PinkChain will be supported by DAO and PUSD systems and this will be the basic foundation of PinkChain in future development.
- Mining, staking and farming: PinkChain will provide a betting and farming platform for users to get a part of the PinkChain ecosystem.
- Cross-chain: PinkChain will support cross-chain features that allow users to transact between networks more easily and quickly.
- GPU mining: Fully support GPU mining, point your hash to PinkChain if you are a former ethereum miner. Staking & Farming: Put your farm coins and LP to get PINK.
- Cross Chain Support: Connect to popular public chains with Pink Bridge, enabling cross-chain data and token transfers. PinkChain is connected to popular public chains like Ethereum, Binance Smart Chain (BSC), Polygon with Pink Bridge. Pink Bridge enables data exchange between PinkChain and other supported chains. Users can transfer tokens, NFTs and arbitrary data between PinkChain and other chains using a bridge. Arbitrage and liquidity transfers are available with cross-chain support.
- High Performance: Handles 2,000+ tx per block on an open network while maintaining security and scalability. It can adjust block size and transaction size based on network usage and load. Currently the block time is set to 5 seconds.
- Zero Fees: PinkChain is designed in such a way that transaction fees remain almost 0 forever so users don’t have to worry about paying high gas fees. PinkChain can be used in daily life.
PinkDAO & PUSD stablecoins
PUSD is the native stablecoin of the PinkChain ecosystem and is fully supported by a basket of other stablecoins such as USDT, BUSD, USDC, PAX, DAI. PinkDAO works like a bank where you can deposit your various stablecoins to earn one PUSD standard stablecoin and earn interest. Unlike other traditional banking systems, PinkDAO is fully decentralized and managed by people around the world who own the native token of the PinkChain Protocol, PINK. The goal is to create a standard stablecoin that will minimize the risk of holding
PinkDEX Native AMM Protocol PinkDEX is PinkChain’s original Automated Market Maker (AMM) Protocol that rewards native cryptocurrencies for providing on-chain liquidity. This is an incentive to increase the overall liquidity of PinkChain which creates arbitrage opportunities and brings more users into the ecosystem. Liquidity is the most important part of any type of market, it shows the overall health of the market. With sufficient liquidity, traders and investors can interact with the market without too much slippage. When liquidity dries up, buying and selling may not even be possible at all.
Liquidity Mining on PinkChain In cryptocurrency terms, mining translates to generating native assets from the blockchain but the term is often incorrectly used to denote agriculture. Liquidity mining on PinkChain is true cryptocurrency mining. After the genesis event, wPINK and other required contracts are deployed on the network then the original PINK is converted to wPINK and sent to the liquidity mining contract, it will generate a constant amount of wPINK per block. LPs can provide liquidity on PinkDEX, earn LP tokens and stake them in pools to earn wPINK. Later the wPINK can be changed back to PINK.
Mining For Everyone In the traditional type of mining, not everyone can participate in the mining process because not everyone can afford or handle mining rigs or manage network nodes. So the whole mining process becomes limited to tech-savvy people and not ordinary people. But at PinkChain, we have made the liquidity mining process so easy that anyone can start mining PINK right away by providing liquidity other than GPU miners.
Pink Chain Features
PinkChain is a decentralized EVM compatible blockchain protocol designed for former Ethereum miners. The consensus is backed by Proof of Work (Ethash) which is one of the most secure consensus mechanisms. PoW ensures real decentralization and fair coin distribution. PinkChain is a scalable, sustainable, high-performance and fully interoperable blockchain platform with the Ethereum mainnet, all EVM compatible environments, and other BFT chains via IBC with EVM that enables developers to build scalable user-friendly dApps at almost zero cost.
Token Sale
It is planned that the $PINK Token will be sold through a token sale program that will be held in the future by PinkChain. By participating in this token sale program, users will be able to get $PINK Tokens at a lower price than before the token was launched on CEX/DEX and this will benefit users who hold early. To participate in this token sale program, users can read more details on the website and see more fully what requirements the user must meet to purchase this token. And it will be very easy to participate in this program.
One of the important features of the PinkChain platform , in my opinion, is that it is possible to create your own dApps, which in turn will allow many people to develop and have another excellent resource to create and grow their business, as well as profit. more income. At the same time, the whole process in PinkChain is very convenient and profitable, which makes this direction also very interesting to use.
To get information about the development of the PinkChain platform, it is important to study the information from the roadmap:
- Stage 1:
- Presale
- PCS
- List — CMC, CG List
- Testnet Launch
- Phase 2:
- PoW chain
- Mining pool
- CEX list
- Cross chain
- Bridge
- Phase 3:
- DeFi & Web3 — Apps
- Farming & Betting — Marketing Partnership
- Phase 4:
- PUSD & PinkDAO Development
The fact that the PinkChain platform has several different directions and tools allows every user of the platform to have more opportunities to generate income. This, in turn, makes the PinkChain platform very interesting to follow, and therefore interesting to you and me. Already now you can visit the official website of the PinkChain platform , as well as other official resources of PinkChain to find out more information about the possibilities and features of the PinkChain platform right now to join PinkChain as soon as possible and start using it an opportunity to generate income.
Further information
Official website: https://pinkchain.net/
Telegram group: https://t.me/Pinkchain_chat
Discord: https://discord.com/invite/jzxrn5H4eQ
Twitter: https://twitter.com/PinkChainNet
ANN: https://bitcointalk.org/index.php?topic=5415634.0
Whitepaper: https://pinkchain.net/docs/whitepaper.pdf
BTT Username: BEAT123
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2740768
Telegram Username: @Beat111
Discord Profile Link ; BEAT123#5649
wallet Address: 0xf2a70BAb5bBF6E6564cBd7B87FCFE33B4D45f14A
Participated Campaigns: Artikel
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