Most of the Blockchain today is far from ideal, with an over-emphasis on technology and the under-emphasis on creating real use cases. Pundi X's philosophy is not only to build a technologically superior chain, but also one that has real-life application. A good Blockchain should have a user experience and performance that are way more superior than the current product in market. And that’s what we have achieved with our Blockchain called f(x). Currently, f(x) is already up and running on internal test environment. And we will continue to provide regular updates on the progress of f(x). We will walk the talk with f(x). It will be a game changer with real use cases to support it.
Pigeoncoin was launched on March 21, 2018 with an immediate goal to prove the power & hashrate consistency of our new X16S (shuffle) algorithm. The community response to the X16S concept was strong and positive. Within hours, members had created GPU mining software and pools, allowing us to prove our hypothesis a month ahead of schedule. After a sleepless week, we regrouped and set forth to solve the real problems that Pigeoncoin was destined for. Our first step was to recruit a skilled team who would be responsible for completing our mission. Pigeoncoin is a cryptocurrency that will be aligned with a future communications network. This will facilitate messaging, payments, liquidity, and currency velocity.