PinGo COO: The PinGo mining mechanism will partially transition to the PoS mechanism in Q1 2025

2024-12-27 22:12:48

ChainCatcher news, PinGo's Chief Operating Officer Melvin stated on X that PinGo is preparing for sustainability and growth. To create deflation and enhance network efficiency, PinGo's mining mechanism will partially transition to a Proof-of-Stake (PoS) model.

Melvin expects this transition to be completed in the first quarter of 2025.

source

warnning

Risk warning

Related tags

PinGo mining mechanism PoS

Related reading

Ton Network DePIN project PinGo claims that the previous attack was related to the TON asynchronous mechanism and will upgrade the contract subsequently

2026-09-10 16:09

The Ton Network DePIN project PinGo has been attacked again, and the attackers have sold some tokens

2026-09-09 17:43

Polygon disclosed a security vulnerability fix from a recent hard fork

2026-08-30 04:42

Data: The Ethereum staking ratio has risen to a historical high of 34.7%, and the staking yield has slightly decreased to 2.6%

2026-08-13 19:51

Related tags

PinGo mining mechanism PoS

Related projects

app_icon

ChainCatcher Building the Web3 world with innovations.