PengolinCoin Announces a New Custom FPGA and ASIC Resistant Algorithm! And Gets Full MarketCap Listing on Coinmarketcap and CoinGecko!
Since it’s inception, nine weeks a go, PengolinCoin has been growing fast and attracting a lot of attention. Unfortunately, PengolinCoin got the attention of FPGA miners and they saturated the PengolinCoin network. PengolinCoin acted as quickly as it could and performed it’s first hard fork which reduced the block rewards from +/- 95 PGO per block to +/- 22 PGO per block. In order to become even more FPGA and ASIC resistant, PengolinCoin decided to hold a community vote in order to decide on a new custom Algorithm. After several days of voting the community chose the algorithm Argon2d-Pengo, a variation of Argon2d-Chukwa. The variations in Argon2d-Pengo will make it even more FPGA and ASIC resistant. PengolinCoin will also have it’s own custom CPU and GPU miner called Pengorig. The hard fork will occur in about 2 weeks and everyone is needed to help notify miners, pools, and exchanges.
In other news, PengolinCoin now has a full marketcap listing on CoinMarketCap https://coinmarketcap.com/currencies/pengolincoin/and CoinGecko https://www.coingecko.com/en/coins/pengolincoin At nine weeks of age PengolinCoin is ranked 1440 out of 5,549 cryptocurrencies with a market cap of $145,549 on CoinMarketCap and ranked 1158 out of 7,650 cryptocurrencies with a market cap of $144,739 on CoinGecko. A big achievement for a coin that is only 9 weeks old. We look forward to increasing the value of PengoliCoin and, in turn, moving higher and higher on these lists. We appreciate our community and it’s continued support.