What Is Pakcoin (PAK)?
Good news that Pakcoin swap has been completed at Pakcoin Ewallet, Nova Exchange and Frei Exchange. Pakcoins can now be deposited and withdrawn at any of them. You can do trade pakcoins at Nova exchange and Frei Exchange only or stake pakcoins at your PC, Laptop, Raspberry Pi or VPS. Always make a test transaction to any one when sending pakcoins for the first time.
Pakcoin protect 4 of our outbound peers from being disconnected by this logic to prevent excessive network topology changes as a result of this algorithm, while still ensuring that they have a reasonable number of nodes not known to be on bogus chains.
Pakcoin Storage Key Points
|Circulating Supply||68,594,750.00 PAK|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
How to Stake Pakcoins
This Staking (mining) can be done at any computer, laptop, VPS or Raspberry Pi. You will get pak blocks depending on how many pak you have deposited (staked) in your wallet. More pak in wallet, more blocks you will get every day until you withdraw your pak from staking wallet. Here are instructions on how to stake (mine) pak.
Pakcoin on Waves Blockchain
There are pleased to announce that Pakcoin can now be traded and transferred on Waves blockchain. Please note that Pak Asset ID on Waves blockchain. Waves.exchange is the official exchange and wallet of the Waves blockchain. You can also download their mobile application to use their services. You can buy bitcoins using. They are glad to announce the release of Pak Core 0.15.1 version. This is a major version release, including new features, bug fixes, performance improvements, and updated translations.
Pak recommend all users to upgrade to this version as soon as possible. This version also includes a hard-fork at block 950,000(approx 20th Nov, 2018) which will enforce difficulty algorithm change from Dark Gravity Wave to MIDAS (Multi Interval Difficulty Adjustment System) in order to better regulate the mining process and catch up to the block number at current time.
How to Stake Pakcoins
This Staking (mining) can be done at any computer, laptop, VPS or Raspberry Pi. You will get pak blocks depending on how many pak you have deposited (staked) in your wallet. More pak in wallet, more blocks you will get every day until you withdraw your pak from staking wallet.
Pakcoin Swap Details
This is moving to Proof of Stake blockchain, so coin swap is needed for anyone currently having pak to exchange old coins into new ones. Coin swap ratio is 1:1 which means that one will get equal amount of coins he is depositing for swap. A number of changes to the way Pak Core deals with peer connections and invalid blocks have been made, as a safety precaution against blockchain forks and misbehaving peers.
Do not use Yobit for Pakcoins
Please do not use Yobit.net to buy, deposit or withdraw Pak as they are still running old version of pak version which is not compatible with the latest version being run by the exchanges and users. What’s new about Pak? All miners and exchanges should upgrade to the latest version before the block 950,000 or they would be rejected by the network after this block and won’t be able to send or receive pak. It is advised to get upgraded ASAP before the hard fork.
Pak network was targeted by malicious miners doing selfish mining and double spend at Cryptopia from 14th December, 2018 onwards. Pak were alarmed to see high number of orphan blocks on network and found the reason was selfish mining and double spend at Cryptopia. Attackers might have sold around 5 Million.