Introduction

Introduction

TL;DR

Pandacoin (PND) is an independent, community-run blockchain that launched in February 2014 as a Dogecoin fork. It quickly pivoted from pure Proof-of-Work to a PoS-first model to stay decentralized, and in May 2021 it relaunched on the Peercoin codebase as a modern hybrid PoW + PoS chain. There was no premine, no ICO, and no VC round — and every transaction fee is burned, not paid to miners or stakers.

In plain English: fair launch, community owned, long-running, deflationary pressure built into the protocol, and now capable of smart contracts.

A short history

1. February 2014 — Launch. Pandacoin goes live as a Dogecoin fork with a short Proof-of-Work distribution phase. No premine, no ICO.

2. 2014 — PoS transition. The network moves to Proof-of-Stake quickly to encourage wider, fairer coin distribution and reduce reliance on mining hardware.

3. 2014–2021 — The long quiet. The chain keeps running, maintained by a small community, while most 2014-era altcoins disappear.

4. 17 May 2021 — Network upgrade. Pandacoin rebases on the Peercoin codebase. PoW returns (SHA-256d) alongside PoS, producing the hybrid chain we have today. The upgrade brings modern wallet internals, faster sync, and a path toward smart contracts.

5. 2026 — Solana token. A PND SPL token is deployed on Solana to widen access and liquidity, alongside the native L1.

The native L1 chain is the canonical Pandacoin network. The Solana token is a separate, tradeable representation on Solana — see the Welcome page for the contract address and markets.

What makes Pandacoin different

🔥 100% fee burn

Transaction fees are destroyed, not paid to miners or stakers. Every transaction tightens supply.

🧬 Hybrid PoW + PoS

PoW (SHA-256d) secures the chain while PoS lets anyone mint blocks from a regular machine.

🐼 Fair launch

No premine, no ICO, no insider allocation. The coin was distributed through mining and staking from day one.

🧩 Smart contract ready

The Peercoin-based codebase opens the door to on-chain programmability and issued assets.

⚡ Fast sync

Near-instant wallet synchronization on modern hardware — no more all-day initial downloads.

🌱 Low energy

PoS minting runs on a laptop, a mini-PC, or a Raspberry Pi. Secure the network without a mining rig.

Under the hood

A few spec highlights — the full table is on the Technical Specification page.

Property	Value
Consensus	Hybrid PoW (SHA-256d) + PoS
Block time	10 minutes
Block size	1 MB
Transaction fee	Static — 10 PND/kb
Fee handling	100% burned
Supply	Unlimited, offset by fee burn
Launched	February 2014
Codebase	Peercoin (since May 2021)

Where the project is headed

Pandacoin's focus is the same thing it was in 2014: being usable as actual money. The roadmap boils down to three things:

• Lower the barrier to entry — better wallets, better onboarding, better docs (this wiki is part of that).

• Expand the platform — smart contracts and issued assets on top of the native chain.

• Grow reach — more exchanges, more integrations, and bridges like the new Solana token.

Everything is open source and developed in the open on GitLab. If you want to poke at the code or propose changes, that's where it happens:

Resource
🦊 GitLab (source of truth)	gitlab.com/pandacoin
🐙 GitHub mirror	github.com/DigitalPandacoin
🐳 Docker image	docker-pandacoind
🔎 Block explorer	explorer.thepandacoin.net

Next steps

Questions? Come say hi in Discord or Telegram — the community does most of the answering.