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Ping Chain

Ping Chain (PNG)

$ 0.03
4.49 %
Main info
News
Comments
Markets
Analytics
Market cap
$8.15M
4.49 %
Volume (24h)
$411.81K
4.49 %
Circulating supply
224,373,971 PNG
Total supply
230,000,000 PNG
Max. supply
538,000,000 PNG

Key data

updated $0
Market cap$8.15M
Volume 24h$411.81K
Circulating supply224.37M42% of max 538M
All-time high$18.85-100% from peak · 2021-02-19

Ping Chain (PNG) is a blockchain platform designed for fast and low-cost transactions. It focuses on interoperability, allowing different blockchains to communicate seamlessly. The native token, PNG, is used for fees, governance, and network incentives.

Frequently asked questions

What is Ping Chain and how is it different?

Ping Chain is a lightweight blockchain prioritizing speed and cross-chain compatibility, unlike slower, siloed networks. Its modular design enables easy integration with other ecosystems.

How does Ping Chain's technology work?

It uses a delegated Proof-of-Stake (dPoS) consensus where token holders vote for validators. This ensures faster block times compared to traditional PoW chains.

How are new PNG coins created?

The total supply is capped at 538 million PNG. New coins are minted as staking rewards and distributed to validators and delegators.

How do I store and use PNG tokens?

PNG can be stored in wallets supporting its native chain, like Ping's official wallet or compatible Web3 wallets. It's used for transactions, staking, and governance votes.