Thread by @AboutDefi

1/ Here is the project we believe will take #DeFi by storm in 2020. @PegNetNews was created by the @factom and the #Ethereum community in August 2019. PegNet is a decentralized, non custodial network of tokens pegged to multiple market-defined assets and values. Peg tokens will

2/ be used to convert into stablecoins, precious metals, #cryptocurrencies, #stocks and stock indexes etc. The big thing is that PegNet is offering true #DeFi stablecoins. There is no collateral or reserves. It's all POW CPU mining through LXRHash.

3/ Mining on PegNet has minimal requirements in order to support a large and diversified community of miners. It can easily run on a Raspberry Pi so long as it is equipped with enough RAM.

Minimum Requirements

Any 32bit CPU
4GB RAM

4/ The team are currently working on exchange listings, new software, releasing the GUI wallet and an ERC20 bridge. The reason for the ERC20 bridge is that #Ethereum has way more infrastructure for tokenization than @factom has at this point.

5/ Factom CEO @paulsnx2 was asked in a recent interview what #PegNet plans were for the next 2-3 years. Paul believes that PegNet will become a top 30 asset
in 2020 and he expects PegNet to be a major player in #DeFi.

6/ All information was researched from @Uptrennd , @publish0x and the @PegNetNews team.

Attached is further information on the #PegNet project.

pegnetmarketcap.com is a great resource to see what activity is happening within the #PegNet network.

7/ publish0x.com/dyec/factom-bu…

8/ publish0x.com/dyec/pegnet-be…

9/ uptrennd.com/post-detail/pe…