Lets start.
What exactly is Pirl and why the hype?
Pirl is the first Ethash based Masternode Crypto, inspired by the Ethereum project. Pirl is ASIC resistant, built on an entirely new chain, and harnesses the power of Smart Contracts. The goal of Pirl is to facilitate transactions between buyers and sellers securely through an entirely automated process.
Pirl is community based and has an open source philosophy. Pirl places a strong focus on community involvement in deciding its future roadmap. Masternode feature, once deployed, will be an enabler to achieve this objective; Also in the works is a decentralized marketplace platform where users can buy and sell their goods and services in a secure and automated environment.
Everyone can contribute to make PIRL better! PIRL will remain forever Proof of work.
Around 6 months ago it started at 0.114543$ and yesterday 7-12-2017 1.16$.
Pirl Features
The Pirl blockchain will be used to run smart contracts. User interfaces and an online decentralized store will be developed to run on nodes that ensures no single point of failure or controlled by large cloud providers. The Pirl network will be a network of users controlled by nobody.
Algorithm : Dagger
Time between block : 13 sec
Total block reward : 12 PIRL
Miner reward : 10 PIRL / block
Masternode & dev : 2 PIRL / block
(dev fee will be used for promotion and future development)
Network ID : 3125659152
rpc port : 6588
Node : https://github.com/pirl/pirl
Linux bin : http://release.pirl.io/latest.tar.gz
Docker image : pirl/pirl-node
So what exactly is this master Node?
A masternode is a primary node in the PIRL network. A masternode for PIRL not only relays transactions, but will be a part of decentralized apps (dApps), which the development team is currently working on. Hosting a masternode will generate additional PIRL for its owner. The yield will vary due to the current count of masternodes on the network and the amount of time the masternodes stays online daily. Anybody can run a masternode! The current pre-requisites are:
20.000 PIRL as collateral
Static public IP address
These pre-reqs could change when the community voting system is finished and implemented. After the voting system is implemented, the number of PIRL needed as collateral to run a masternode will be decided by the community. The voting mechanism is intended to be added to the blockchain by the community so that anyone with at least 1 PIRL can vote.(vote function is similar to steemit)
Why should you invest NOW?
The reason why i am making this post is to inform everyone about this right now is because that on 12th Dec 2017, they will start beta deployment of MASTERNODES. Its very much expected that this will increase the price of Pirl coin to a good , healthy high value. There are several talks about this new CryptoCurrency and if you dont believe me ,check youtube, reddit or google it. You will find alot about this.
My opinion is that, you should invest it right now and make a good profit on maybe 13th Dec. You can instantly make profit around that date and after that if you are not interested, then quit CryptoCurrency trading.
But the most important fact is that the network of PIRL will be controlled by nobody.
Can you Mine PIRL?
Yes you can mine PIRL, there are a total of 10 mining pools as of now and a atleast 1 with no fees. You can use claymore for dual mining too.
Currently there are 2 places to exchange PIRL
- CRYPTOPIA ( https://www.cryptopia.co.nz/Exchange/?market=PIRL_BTC )
- Stock.Exchange ( https://stocks.exchange/trade/PIRL/BTC )
Personal Experience
Have i made any profits? Hell yeah ! i made good profit from Pirl. And i am still mining it and i have also bought pirl with BTC and then later sold em for higher profit.
Should you do it? YES ! YES ! YES !
Why am i posting this if i could just make money on my own? Because higher the number of people in pools, easier it is to get through (even though difficulty is a factor)
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