Diamond DMD to Pinkcoin PINK Exchange

Crypto Pair Details: DMD to PINK

Diamond DMD

What is DMD Diamond? DMD Diamond is a digital currency that that allows people to send money anywhere in the world instantly, securely and at near zero cost. It focuses on creating a multi entry, high rewards monetary system that empowers people to achieve financial freedom through blockchain based technology. DMD Diamond's conceptual goal is to become an ultra-scarce non-government controlled storage of wealth with software facilities that can increase that wealth over time. Emission Model DMD Diamond Coin rollout is one of the cornerstones of this monetary system. The emission model stays the same as in DMD Diamond 2.0, however, the introduced changes make the emission of new coins smoother and avoid sudden large reductions in yearly interest. In the past DMD Diamond relied on both Proof-of-Stake and Proof-of-Work algorithms to govern the network. DMD Diamond 3.0 will be run by state of the art Proof-of-Stake only, while Proof-of-Work is going to be removed completely. Diamond Masternodes A DMD Diamond network consists of full nodes running as servers facilitating connectivity and transmission of updates. Masternodes is a time tested concept which was originally created to prevent decrease in number of full nodes and incentivize people to keep the network running, decentralised and expanding. Over the years as the technology matured Masternodes became ever more useful and could perform additional network services that go above what a vanilla full node could do.

Pinkcoin PINK

Pinkcoin is an x11 PoW/PoS cryptocurrency with a total coin supply of 380 million coins. The Proof-of-Work period lasted for the first 20,000 block that took 7 days to complete. There is a 1% stake interest per year. Pinkcoin has no pre-mine nor IPO though there is some indication of instamine for the first 186 blocks as noted by a code audit conducted.

SOURCE: COINGECKO

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