PinkCoin (PC) is an X11 coin with a seven day PoW period before switching to being a pure PoS coin with a 1% annual interest rate. There is a hard cap of 380 million coins to be produced and a block time of 30 seconds. There was no premine. ***Although 'PINK' was the ticker assigned at the deployment of the PinkCoin Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'PINKCOIN' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.***
