Pigeoncoin (PGN) is a proof-of-work cryptocurrency that was launched on April 6, 2018. It is based on a modified version of the X16R algorithm, which was developed by Ravencoin. The main feature of Pigeoncoin is its focus on promoting distributed computing and its potential for advanced scientific research.
Pigeoncoin aims to provide an opportunity for individuals to contribute their computing power towards scientific endeavors. It encourages users to mine and contribute to the Folding@home project, which is a distributed computing project that helps researchers in various scientific fields, such as medicine and biology, simulate protein folding and conduct disease research.
The Pigeoncoin project is open-source and community-driven, with a goal of creating a decentralized ecosystem that supports scientific research. It emphasizes the concept of "herd intelligence," where individual miners collectively contribute their computing power to solve complex scientific problems.
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