Top Tweets for #PEGNET
Exciting news from Paul Snow! ๐๐ป
A testnet for #PegNet is on the horizon, and we're eagerly looking forward to unlocking the power of converting pAssets. ๐
#Crypto #stablecoin
https://t.co/trL3bnWnAx
The integration with @accumulatehq is underway, and price records are being built. ๐
Check out the progress in this short video update by @paulsnx2
https://t.co/ykxfWMzj7E
#PegNet #Blockchain #stablecoin
If you already hold #PegNet assets on an @accumulatehq address, these can now be visualized in the #Accumulate mobile wallet app under โcustom token managementโ.
โฌ๏ธ ๐ฅ
@fromtomorrowDLT @paulsnx2 Bro seeing this gave me goosebumps, we all most there. $Peg #Pegnet #Accumalate $wAcme
Love that No Counterparty Risk feature
$BTC $ETH $Pol $Sol
Join us for this weekโs #PegNet meeting at 11am CDT!
Meet us in 15 minutes
โก๏ธ https://t.co/SscH0E8sBG
Mining on #PegNet - continued โ๏ธ
We're working to allow users to submit solutions directly to the protocol, creating an on-chain mining pool, which can be viewed from the block explorer. ๐คฉ /1
Traditional mining pools vs. PegNet's approach ๐
#PegNet introduces the first ever on-chain mining pool! ๐ช Miners submit solutions directly to the protocol, earn points, and get rewards based on their ranks, creating fairness and leveling the playing field. ๐ช
#CPUmining
๐ PegNet utilizes CPU mining to promote a democratic and eco-friendly system!
Unlike GPU and ASIC-dominated cryptocurrencies, CPU mining levels the playing field, making it accessible to all. Efficient RAM use and less heat make it a greener choice.
#PegNet #CPUmining
๐ PegNet 2.0, powered by @accumulatehq, offers lightning-fast token transactions, finalizing in just 1-1.5 seconds! A massive leap from the 10-minute wait on the old PegNet on Factom.๐ฅ
#PegNet #PeggedAssets
Oracles in #PegNet provide the crucial pricing data that underpins the value of pegged assets.
Check out this new article to learn more ๐ค โฌ๏ธ
https://t.co/cELCdZVMI6
PegNetโs approach avoids centralization and excessive reliance on specific assets, providing stability while avoiding regulatory vulnerabilities. 2/2
#PegNet #Decentralization
In the world of stablecoins, three mechanisms are recognized for establishing pegged assets: 1) algorithmic, 2) asset-backed, and 3) crypto asset-backed. These are described in #CoinGeckoโs video.
๐ #PegNet introduces โThe Fourth Way to Create Pegged Assets.โ
#stablecoin
Types of stablecoins, explained. ๐ช
Dive into the world of stablecoins as we break down the differences between fiat-backed, crypto-backed, and algorithmic coins.
Watch the full video: https://t.co/uBI7wuigCC
@PeterInAsia1 @spec01010 Join us in 10 min to learn about the latest developments and ask your questions ๐ค #PegNet ๐
๐๏ธ The next #PegNet status update is scheduled for Monday, August 28th at 11:00 AM CDT.
Stay tuned for the latest developments!
Pegged assets in #PegNet, also referred to as pAssets, are issued under the URL acc:/PegNet.acme/assets.
For example, pUSDโs issuance account is: https://t.co/tDh3J8Rxhl
โน๏ธ Accounts are human-readable URLs on @accumulatehq
@paulsnx2 @Godmonson @GetPegNet I can see a bright future for #PegNet $PEG. Thank you all @paulsnx2 @GetPegNet ๐ฅ
PegNet Status and Overview Aug 18 2023 https://t.co/uLEr2L9PSF via @YouTube
#Crypto
#stablecoins
#PegNet
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