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

Dec 27, 2024 22:12:48

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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.

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