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Swap period ending

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Premine

Premine status: 4,688,000 (of 5,000,000) PIGGY still remaining.

MystPhysX requested an alternative reward instead of his bounty. This request was granted and so the premine remains unchanged.

Unswapped

The PiggyTeam is holding ~27,000,000 PIGGY in reserve for owners of PIG (Old PoW PiggyCoin) to claim. We call these the ‘unswapped coins’. If you are a PIG holder and wish to claim your share of these, sign a message in your PIG wallet (File / Sign Message…) using each address that contains any PIG. The message should say:

I, <social media name> on <bitcointalk, reddit, or whatever>, writing this on <date, 2015> wish to claim New PiggyCoin in exchange for these Old PiggyCoin. Please send the PIGGY to the address <Your New PiggyCoin address beginning with 'p'>. Thanks neurocis!

Send these messages and signatures (i.e. the text of each message AND each signature), carefully labelling the PIG address from which they came, to info@piggy-coin.com.

It has been over a year since New PiggyCoin’s beginning, so the swap opportunity has gone on for far longer than planned. While we are glad to have new PIGGY users from people who swap their PIG, going forwards we’d rather have neurocis concentrating on development.

For this and other reasons, the opportunity to swap coins will finish 3 weeks from now, on 12th July 2015.

Future use of the unclaimed unswapped coins

In related news, we PiggyTeam would like to claim those unswapped coins for future development, with the community’s permission.

I believe that most people want services around the coin — open-source web and mobile PiggyBanks, tipbots, teaching materials, tutorial videos, ongoing translations of everything… — so we need to pay people or set bounties to make those things happen. Perhaps when PiggyCoin’s bigger, those things would be more likely to happen without this kind of financial inducement, but for now, we need to bootstrap the coin by developing the services around it.

The PiggyCoin desktop piggybanks do have multisignature capabilities built-in, though they’re not user-friendly. So we could give multisig keys to some portion of these coins to community members, with the corresponding multisig keys in the PiggyTeam’s hands, so that we could not move them without community members’ permission. Then they should only release the next portion of the coins if the previous portion has been spent and accounted-for satisfactorily.

The alternative to this plan, is of course, to destroy the coins by sending them to an unrecoverable address (pTheresNoChanceWeHaveThePrivateKeyForThis…).

How can you, the PiggyCoin holder, indicate your preference? Well, you can tell us on Reddit or BitcoinTalk, or by PM, by e-mail, whatever. It doesn’t seem practical to vote on this using wallet signatures as some people have their piggycoins in multiple addresses, but you can do that if you want — Sign a message telling us your preference. (Of course, the views of big holders of PiggyCoin should have more weight, especially as it’s not practical to sell all those coins right now.)

Oink!
Mo

Mac PiggyBank updated

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The Mac version of our newest desktop PiggyBank is now available!  It’s v1.2.2.0 ‘Operation Sever-Chain’.

Here it is: https://www.piggy-coin.com/getting-started/

Thanks to MystPhysX on bitcointalk!

Upgrade from v1.2.1.1 ‘Maintenance release’ is optional but recommended.

Upgrade from lower versions than that is compulsory.

A note about our exchanges

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PiggyCoin is listed at Poloniex and Cryptopia.  At these places, you can buy PiggyCoin with Bitcoin.

Poloniex have recently introduced a policy where they need to know your name and country, for you to make any withdrawals, up to USD 2000 per day.  There is not yet any requirement to upload scans of your ID cards.

PiggyCoin is also traded at Cryptopia.  They are running a promotion where there are no trade fees for the month of June.  There are some ‘adult’ coins listed there, and some NSFW gifs in the pop-out chatbox, so be aware if browsing with youngsters!

Mo

New desktop piggybank released!

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Desktop PiggyBank v1.2.2.0 (“Operation Sever-Chain”), is released!

Users of the first ‘PiggyStakes’ piggybank (v1.2.0.0) or lower, must upgrade.  For users of v1.2.1.1 (‘Maintenance release”), upgrading is recommended but optional.

You can see what version you are running by going to Help-> About PiggyBank.

For more information, see https://bitcointalk.org/index.php?topic=633803.msg11277968#msg11277968 or download directly from https://www.piggy-coin.com/getting-started/

New PiggyWeek is over!

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What happened in New PiggyWeek, you might have been wondering.  Well, New PiggyWeek had three announcements:

1. EasySend

2. Project Piggycoin

3. Piggycoin Foundation’s first project finished.

There was to be a fourth announcement, but we didn’t finish it in time.  Sorry about that.  There’s no ETA, so we won’t speak more about it more for now.

By the way,  there are now more of us helping the Piggycoin Dev Team with publicity and social media presence.  So expect more on that front from now on. 🙂

The PiggyCoin team

Interview with piggydev for cryptocoinsnews.com

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Who are you? I‘m a young Portuguese student with a very big interest in cryptocurrencies.

What is your history with Bitcoin and cryptocurrencies? I started in Bitcoin two and a half years ago, I was really curious and started looking into it more deeply. Two years go by and, at this point, I was a big crypto fan. I discovered Dogecoin and I fell in love, I was between the first 100 subscribers and I even remember I talked to the moolah guys when they posted in there. The community was insanely friendly and I was really happy. But we still had this education problem.. and PiggyCoin was born.

What do you personally feel is the most impressive thing about the blockchain architecture? I love how Satoshi solved the double-spending problem and the consequences that it will bring. Think about it, if the blockchain had been invented 500 years ago we could know how much money Philip II spent on building the Invincle Fleet or even how Stalin did his finances, that’s amazing!

Why PiggyCoin? Ohh, this one’s easy! Remember when you were a kid and you had a little piggybank where you would put your money, this piggybank probably taught you a lot about how money works (how you can save it, spend it, earn it, etc), we want to be the piggybank of the crypto world, kids will learn about this “new type of money” with PiggyCoin and will eventually leave the kiddy world of piggy and move to Bitcoin.

How did the project start? I’ve been into crypto for 2 and a half years right now and there was something that was really bothering me. We have this amazing technology but we can’t seem to be able to explain it to your average joe, then I had this idea. Why don’t we explain it to the kids? They are our future, and if crypto wants to move on to the future it needs to target the ones that will be using it. We also think that will even help the current generation get into crypto, parents are always interested in what their kids are doing and we hope they will be interested in piggy too.

(Read more)

PiggyCoin Roadtest by CryptoMum

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This week I’ve been roadtesting a new cryptocurrency called PiggyCoin, a walled garden approach to teaching kids about cryptocurrency use.

I had originally had difficulty with the zip download for windows, but the good folks from their twitter account (@piggycoin) sorted me out with an alternate download. Their twitter is worth adding since they announce things like updates and are pretty active in general.

It is a two part system: a wallet to download (windows, mac or linux) and the website. As long as you have your wallet address written down exactly, kids could theoretically earn coins from anywhere. It is even easier at home:  one click to copy the address directly will get it right each time.

I sat beside my son so he could see what I was doing. The colourful site drew his attention. No easy task as he was busy watching t.v. and playing a game on my phone simultaneously. I tried to lure him in with an initial description on how he could earn money by answering a question. “You earn it in special coins,” I said, “Piggycoins!”

The word coin got him – he’s always looking to earn a coin or two for doing jobs. We had a go at the Piggy Facts question. Interestingly they use a picture based captcha which I really liked. It’s easier for the kiddo to correctly adjust a picture rather than the traditional text based captcha.

This turned into a trip to wikipedia to explain what a captcha is leading to a very philosophical discussion with the boy about the differences between people and robots. Turns out people have hearts! At this point a pop up told us that his 15 piggycoins had been deposited. He was delighted.

Then we tried the other item on the games page: a flappy bird clone, Flying Piggy. I lost my laptop at this point. Kiddo was totally sold on it, being a big flappy birds fan. We both remain scoreless though, so settle in -it’s addictive and hard!

I think a lot of parents are wanting their kids to grow up using computers in a way that is effortless. As such, schools are including things like word processing, digital photography and programming. One thing that we aren’t seeing taught is digital currency. Too often the first time kids get to know about digital money is  because they’ve bought a lot of in-game stuff from apps and they get a stern talking to about how it costs real money.

Cryptocurrency is going to be out there in their future, so I want them to understand how to use it and know intrinsically that it is real money, just made spendable online. Getting the point across that ‘intangible doesn’t mean imaginary’ doesn’t have to be the result of a mistake or a punishment situation. It can be a positive, fun experience. PiggyCoin neatly facilitates this in a way that is very easy to use, with a website that offers plenty of help and activities.

The site has a spending page which is currently under construction. I can’t wait to show my son how easy it can be to spend the money he’s earnt, but for now it’s a lesson in saving. F.Y.I. Piggycoin is also listed on poloniexswisscextcx.lanxt-eBTC-CC and coin-swap exchanges so parents can buy more PIG to reward chores or deposit pocket money into their kid’s wallet.

Overall I was very impressed with PiggyCoin. It really hit the mark in terms of being an educational and fun activity to teach kids about the use of cryptocurrency. It is still very new though, so the interesting thing will be seeing what other games are added and what will be on sale in the shop.

Piggycoin’s Founder Interview in CoinJoint.info

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As a parent who is involved in the cryptocurrency scene myself, Piggycoin is something I’ve been watching. They aim to become an introductory coin for the younger ones out there — who might one day be using cryptocurrency as part of their daily routine. I spoke with João, who is the founder of Piggycoin, to find out more about what they’re doing. 

Could you start by telling us a little about the coin and its specs?

Our team likes to describe Piggycoin as the “Bitcoin for Kids”, I like to go further though, I believe we are the coin for kids and everyone who isn’t a kid anymore but wants to get into crypto in a funny and simple way.

Piggycoin will have 2.1 billions coins. There are currently 4000 coins in each block, in +- 8 years the block rewards will be only 10 coins/block, we are also using KGW.

What’s your overall aim for this coin?

Our overall aim for this coin is getting children involved and interested in the emerging world of cryptocurrencies, I started this because I strongly believe that crypto will take over the current fiat currencies that dominate our world and education is a fundamental tool in the process.

Do you expect it to become a coin that people use all the time? Or are you poising Piggy Coin as a stepping stone to the other cryptocurrencies?

This is a great question and something I’ve thought a lot about.

The reached conclusion was that Piggycoin is, without a doubt, the necessary first involvement in the cryptoworld. Children will be able to use it in their favourite websites and parents will be able to give their kids rewards in PIG. As you grow older you would start to disconnect from the piggy cartoonish world and start to get into Bitcoin/altcoins with the basic knowledge of how they work and how you can use them.”

 

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You can read the full interview here.