ChainCatcher news, PinGo's Chief Operating Officer Melvin said that PinGo is preparing for sustainability and rise. In order to create deflation and improve network efficiency, PinGo's Mining mechanism will transition partially to Proof-of-Stake (PoS) mode.
Melvin expects this transition to be completed in the first quarter of 2025.
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PinGo COO: The PinGo Mining mechanism will transition to the PoS mechanism in Q1 2025.
ChainCatcher news, PinGo's Chief Operating Officer Melvin said that PinGo is preparing for sustainability and rise. In order to create deflation and improve network efficiency, PinGo's Mining mechanism will transition partially to Proof-of-Stake (PoS) mode. Melvin expects this transition to be completed in the first quarter of 2025.