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Pinkcoin describes itself as a PoS/PoW hybrid with emphasized staking features allowing developers to build donation based platforms on PINK’s network. Staked rewards can reportedly be donated to as many as 100 wallets on the network instantly and free of transaction fees. Wallets with 100,000 PINK coin blocks are able to participate in Flash Staking (FPoS 2.0), benefiting stakers with increased rewards periodically for 4 hours each day. According to the team, Flash Staking periods feature a block discovery rate that is 6x the normal PoS rate, benefiting all users with faster transaction times. The most notable platform built on the PINK network is Donate4Life, whose main goal is helping people in need by facilitating fundraising for charities and individuals via Pinkcoin's staking reward sharing platform. reference
Posted on 27 Dec 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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