PEG-PegNetDetailed Description

PEG-PegNet Detailed Description

PegNet is a decentralized and unregulated network pegged (stabilized) to different currencies and assets, enabling transactions and value conversions without counterparties; it is a fully auditable, open-source, stablecoin A network that uses POW and competition from external oracles to centralize the price of currencies and assets. The PEG obtained from mining is the token of PegNet, which can be converted into any P asset (pAsset) on the network for only one-tenth of a cent.