PamCoin Official Website
ESP32 MODULES PROJECT
PamCoin is a PoW-based digital mining reward system designed for ESP32 modules.
Your PAM wallet - Your coins.
PamCoin is a PoW-based digital mining reward system designed for ESP32 modules.
Your PAM wallet - Your coins.
PamHashV2 is a custom mining algorithm designed for ESP32-based hardware. The miner performs computational work and submits mining results to the PamCoin server for verification. The server determines whether the submitted work meets the current mining requirements and, when valid, applies the corresponding PAM reward to the miner's account.
The miner maintains a lightweight connection to the PamCoin server, synchronizing mining parameters and submitting completed mining work. The mining process is designed to operate efficiently on ESP32 hardware.
The PamCoin system utilizes a Dynamic Difficulty Adjustment mechanism to ensure a consistent block production rate. The system monitors total network hash power and automatically calibrates the requirements for the PamHashV2 algorithm.
As more ESP32 modules join the mining network, the difficulty can be adjusted by the server. The miner receives the latest difficulty parameter from the PamCoin server and adjusts its mining verification requirements accordingly.
PamCoin operates using a centralized ledger maintained by the PamCoin server. Wallet addresses, PAM balances and transactions are stored and managed within the PamCoin platform database. Each valid mining result is processed and verified by the server before the corresponding PAM reward is applied.
PAM transfers are processed internally between wallet addresses within the PamCoin platform. The system does not provide transfers to an external blockchain network or an external cryptocurrency wallet. The PamCoin ledger is maintained and controlled by the PamCoin platform.
Every block interval ~1min. Via Difficulty Adjustment blocks will be mined every 1 minute.
Dynamic Difficulty Adjustment every 50 BLOCKS. Halving interval every 210000 BLOCKS. Block Reward is recorded by the PamCoin server when a new block is successfully found.