Prologue

PIRL is an exciting project I found almost by accident when I was speaking to

a friend who is a substantial holder of PIRL master nodes and a big fan of their community. This blockchain implementation based on Ethereum network aims for creating a bridge between a world of cryptocurrency and its related technologies. I can say that thanks to the projects like PIRL we are one step closer to reaching a final mass adoption of blockchain technology and by “holding” PIRL master nodes you can make a decent amount of money by passive income.

This coin is also supported by both major players in the area of cryptocurrency safety and security! That’s right; if you don’t want to hold your coins in masternode and make a decent amount of money, you can stake them at your Trezor or Ledger and have a peaceful sleep for the rest of the time you have these coins. These guys can eliminate any perils you can meet in these deep dark crypto waters.

BIGA Announces Strategic Partnership with PIRL

And as I mentioned in my intro, PIRL is getting backed from a decent marketing company who will make their own strategical promo push through the whole blockchain/cryptocurrency space, and believe me my friends and readers, they are very capable to deliver what they want to achieve. As it is mentioned on their official Twitter, BIGA will make its marketing move towards PIRL in Q4 of 2018, when MN content will be released. So this whole thing is getting as official as it gets.

So let’s go straight into it!

The Masternode

Holding a master node means you are keeping the number of tokens in your wallet or special Dapp designed for this purpose. By doing so, you are helping to stabilize the token price and create an effect of decentralization.

Afterward, you are rewarded by the token owner for your help every month, by obtaining cash or a cryptocurrency reward.

PIRL, the GPU mined coin, is also a first master node build on ETHAS;

the planned PoW algorithm for Ethereum 1.0. PIRL has three layers in which you can participate as a master node holder: PIRL Premium (20 000 coins needed), Storage (10 000), and Contend (10 000). The difference between those is in their primary function and the reward a holder will get.

The MN is not a rocket science but it could make some troubles to a normal guy or a beautiful lady who don’t know how to set this whole thing up.

They created a simple one-click installation guide, so nothing can stop you now :) For a tutorial click here.

“It could be profitable to jump into the PIRL before they reach block number

2 mil because they will triple master node reward when that happens,

which could lead to the decent price spike” my friend once told me.

This milestone has been reached on 2018–08–24 07:50:58 UTC and I think it wasn’t their last.

This token could be purchased on several exchanges and to this moment you have these particular choices:

Sistemkoin, Cryptopia, Stocks. Exchange, and BTC-Alpha, but since a lack of volume on Stocks and BTC-Alpha exchanges, I would recommend you to use the first two named. You can support PIRL to get on another exchange by voting right here at https://txbit.io/Coin and also you cant support the PIRL in getting into HOARD application and exchange which will be a real deal luxury in the crypto-banking industry. Also, there is a chance for everybody to win 0,5 of Bitcoin with HOARD over here.

Since we know why we should consider buying some PIRL and how beneficial the master nodes could be, let’s take a look at the project more in-depth

and let me show you how deep the rabbit hole goes.

The Focus

My search story started by reading their well written and need to admit

an artistically designed Whitepaper. It’s not that easy reading for a man who is not going toe to toe with blockchain technology, but on the other side,

their Discord channel is full of active and easy to talk to members who are willing to explain everything the seeker needs.

PIRL main objective is to set up a suitable environment in which Blockchain technology can grow and evolve even further. Another essential aspect of PIRL is to make mass adoption of Blockchain technology to happen. Ideas like: Give people control over their own money, faster and cheaper transfer of value, Improving E-commerce experience, Improve security and minimize fraud, and to make inflation unlikely to happen (it was programmed with monetary policy implementation limiting the total supply of PIRL

and outlining the details on PIRL issuance).

For doing this, they take a concept of Ethereum platform and enhance and empower its capabilities with an intention to create more stable and sustain and easily accessible environment for everyone.

Furthermore, their goal is to adapt things to the blockchain which makes consumer’s life much more comfortable. An easy example can be transaction times of real money. With crypto in your hand, you get way faster transaction times around the world than with sending fiat. Not to mention bank fees.

The ecosystem will be supporting areas like:

Decentralized File Sharing & Storage

Decentralized Escrow Protected Marketplace

Decentralized Live Streaming & Video Sharing

and much more

I think PIRL is a real gem which lays dormant under a canvas made of bear market skin at the moment. On the other hand, PIRL’s actual undervaluation is an excellent opportunity for buying it right it now, because the public awareness could have been weak till this moment, but their development is astonishingly powerful, and their community is growing every day.

The Purpose

For what you should buy and hold PIRL coins? The PIRL coin will be used as

a token in PIRL ecosystem which will use well-written web-portal called Poseidon as a directional tool. Poseidon is an element which will be updated more and more as time goes by. Also, there will be a release of PIRLapp,

which will have more functions than Poseidon has at the moment, but you can choose what do you want to use. Poseidon will be a master node management portal and explorer when PIRLapp will be a wallet with other essential functions like:

Masternodes Control Panel

Marketplace

Payment Gateway

Smart Contracts Control Panel

dApps Platform

Exchange

The premium masternodes will be additionally rewarded with % of the fees of Poseidon platform.

You can read about each of these features here:

It is not decided, but entirely possible, that the PIRLapp will concentrate all features and services in one fully decentralized app in the future. That’s pretty awesome.

Next great feature of PIRL is its ASIC resistance which means there is no ASIC machine or solution developed yet to mine the coin. It can only be mined using consumer grades hardware like CPU and GPUs. That’s maybe why they are always one of the top coins on Whattomine.com, which is profitability calculator designed for miners and it’s also a top coin for starting miners. However, maybe you could buy some Radeons and mine some ETH and purchase PIRL coins afterward. However, that’s is just my idea of how

the game should be played.

Epilogue

So as you can see here, there is massive potential for a project like PIRL

and it’s up to you to decide your use case for it.

For enhancing your everyday life? For making a good passive income?

Needless to say that PIRL Wallet will be written for the holy trinity

of Windows, Linux, and Mac so everybody should be happy with using their weapon of OS choice.

The Roadmap looks pretty good, and their Team is very communicative

and able to deliver, and as they say: ”The Team is composed of developers

and community managers from different reaches of the world.

What more do you want more, a smart contract :)?

IPFS — Immutable Hypermedia Protocol

As I always say: go to their Discord and ask as many questions you like.

Also, follow their Twitter for hot updates. Be masters of your lives.

Do your own digging and buy you some load.

As my friend once told me: “Yeah I bought those masternodes, and Yes, it was financial advice for you.”

Other Official Links:

Resource Center: https://pirl.io/resources/

Discord: https://discord.gg/bBNjgWY

Reddit: https://www.reddit.com/r/pirl

Bitcoin Talk: https://bitcointalk.org/index.php?topic=2120193.0

Exchange Listings: https://pirl.io/exchange/

Go and see more stuff from my library!

My Steem

Tezkatlypoka from Reddit

If You have any questions regarding my article, send me a message in the bottle (Prefer Tequila) at Telegram or shoot a shouted “Tweet”.

Never stay tuned

Mickey