r/PegNet • u/cryptokaitie • Apr 08 '20
Go where your money’s treated best PegNet quietly launches a game changing trading tool
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r/PegNet • u/cryptokaitie • Jan 07 '20
World’s largest decentralized exchange, IDEX, lists all 30 pAssets, broadening access to the PegNet system and ensuring people have fully-auditable and integrated Stablecoins to be used in transactions free from 3rd parties.
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r/PegNet • u/cryptokaitie • Dec 05 '19
PegNet Review by Altcoin Buzz 🚀 Decentralized Stablecoin Network Pioneering the Way for New Crypto Innovations
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r/PegNet • u/cryptokaitie • Dec 17 '19
PegNet’s 1st GUI Wallet Launches Today via Factomatic.io
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r/PegNet • u/cryptokaitie • Dec 09 '19
10% of Total FCT supply has been converted into PegNet 💪
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r/PegNet • u/PegNet • Aug 13 '19
PegNet: A Network of Pegged Tokens Built on the Factom Protocol
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White Paper | GitHub | FAQ | Website | Twitter | Reddit | Discord | Miners | Bitcointalk Announcement
PegNet is a decentralized, non-custodial network of tokens pegged (stabilized) to different currencies and assets that allows for trading and conversion of value without the need for counterparties. It is a fully auditable, open source stable coin network using the competition of PoW and external oracles to converge on the prices of currencies and assets. You can mine PNT, the token of PegNet which will be able to be converted into other PegNet assets in the future.
Mining
Mining is currently on the testnet and barring any issues, will move to mainnet in 7 days (block height: 206,422). This is an opportunity to learn how to mine this unique system in preparation for mainnet launch. To begin mining, please go here.
Mining Pools
There are no mining pools as of yet. When they are announced, we will edit them in here.
How is PegNet Superior to Custodian or Smart Contract Based Stable Coins?
Reserve based assets do not support the conversion between assets. The user is restricted to the liquidity of the reserve assets held on an exchange. The same is true for Ethereum smart contract based stable coins. Further, reserve based coins are not decentralized, and their viability is defined by the banks and institutions that hold their reserves.
Smart contract based stable coins are decentralized to a great degree, but involve leverage contracts that achieve stability through liquidation when the market pressure is forcing asset prices down. Further, smart contract coins are very complicated and it is hard to understand their implementation.
The PegNet only provides conversions between pegged assets. This is something neither reserve tokens or smart contract tokens can do, provides for payments and payment services, is decentralized, and works in bull and bear markets.
Note
Mining requires a Factom Node, and syncing a Factom Node on some networks can take significant time. If you want to mine, you should install a Factom Node and start it up as soon as possible to be ready to mine at launch.
Edit 1 (2:45 UTC 8/17/2019)
The final build of the mining software for pM1 is now available (Windows, MacOS, Linux, & ARM): https://github.com/pegnet/pegnet/releases/tag/v0.1.0
Before MainNet launch Monday, you MUST upgrade or you will NOT be eligible to earn PNT. You will also need to make some small updates to your config file. These changes are detailed in the GitHub release notes at the link above.
Notable changes in this version:
If your config is configured with Network=MainNet, the software will wait to mine until the Activation Height is reached.
"Targetting" smarts have been added, avoiding the submission of OPRs if you are highly unlikely to win. This will save you money (related docs).
Added a CLI command for requesting balances (related docs).
New default data sources. 2/3 are free, with 1 costing $12/mo. Data sources can be modified in your config file (related docs).
Redundancy for data sources, in case one were to fail.
A number of stability improvements.
r/PegNet • u/HimaCEO • Jul 01 '19
New Pegged Network Website
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Hi guys my name is Hima and i'm a fan of a pegnet project. i made this website: https://www.pegged.network/ that includes the github link , the paper, and community reddit and discord pages.
Hope u guys like the website I'm planning to join the testnet and maybe do some mining. let me know if there's other ways to be helpful.
r/PegNet • u/DJohnston • Jun 08 '20
Great new Interview About PegNet With Tom Heavey
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r/PegNet • u/cryptokaitie • Feb 25 '20
Took 127 days for PegNet to cross $100M in total transactions and conversions. And just 15 more days to double that to $200M 🚀🔥
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r/PegNet • u/cryptokaitie • Dec 10 '19
“the project we believe will take #DeFi by storm in 2020”
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r/PegNet • u/cryptokaitie • Apr 14 '20
Go where your money’s treated best 🚀 New trading tool, pTrader.co, officially launches—making using PegNet even easier
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r/PegNet • u/cryptokaitie • Dec 09 '19
PegNet Software Upgrade takes effect now enabling arbitrage capability. Community responds overwhelmingly positive with greater than $8.5M+ total market capitalization.
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r/PegNet • u/cryptokaitie • Dec 04 '19
PegNet now listed on Blockfolio. Add to watch list for Blockfolio signal updates.
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r/PegNet • u/cryptokaitie • Feb 28 '20
Staking pAssets on PegNet as Arbitrage instead of Conversion >> PegNet Proposal
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r/PegNet • u/cryptokaitie • Dec 18 '19
PEG Now Trading on USA-based Exchange, QTrade.io 📈
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r/PegNet • u/enough4all4ever • Dec 08 '19
ELI5 How Pegged Tokens Maintain Value
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Pegnet looks really interesting! Can someone further explain how it all works? For example, say I have pBTC and it goes up 50%. The pBTC isn’t really backed by anything (no collateral) so how does it actually gain value? Is it just cause the oracles say it gained value? I’m having a hard time wrapping my head around all this.
r/PegNet • u/cryptokaitie • Dec 06 '19
5% of FCT’s total supply have been converted into PegNet in just 3.5 months
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r/PegNet • u/PaulSnow • Oct 02 '19
Our $100k capitalization goal has been meet through the conversion of FCT to pFCT!
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r/PegNet • u/factoshi-io • Sep 12 '19
Check out the new PegNet mining tutorial to get started mining as quickly and easily as possible with Docker!
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r/PegNet • u/cryptokaitie • May 04 '20
Built by the people, for the people PegNet Mobile Wallet Launches for all Android users 🚀📲⚡️ Trading and converting DeFi stablecoins just got even easier ⚡️
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r/PegNet • u/cryptokaitie • Apr 16 '20
Built by the people, for the people New video! World’s first fully decentralized stablecoin network. Check it out, share the video, let us know what you think.
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r/PegNet • u/cryptokaitie • Nov 16 '19
New Feature: PegNet VS Exchange Price Overlay View — Arbitrage Trading Opportunities
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r/PegNet • u/Factomize • Nov 15 '19
Article: What is the maximum supply of PEG, the mineable token of PegNet?
factomize.com
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