1. What is PNP?

Introduction to PNP Cryptocurrency (Penpie)

1. Basic Information: Penpie (PNP) is a cryptocurrency that is traded as a digital asset in the cryptocurrency market.
2. Trading Platforms: PNP can be traded on various cryptocurrency exchanges, including Binance and CoinEx, among others.
3. Risk Warning: Investing in cryptocurrencies carries market risks and price volatility. Investors should consider their investment objectives, experience, and risk tolerance. Investment may lead to partial or total loss, and investors should determine their investment amount based on what they can afford to lose.
4. Regulatory Note: In some countries, including China, the government implements strict regulations on cryptocurrency trading, prohibiting domestic and foreign entities from providing cryptocurrency trading services to residents within China.

Note: This introduction does not involve price information and only provides basic details and risk warnings.

2. Who founded PNP?

Based on the information provided, it is not possible to directly determine the founder of Penpie (PNP). However, according to the introduction of Penpie, it is a DeFi platform integrated with Pendle Finance, aiming to provide yield and veTokenomics enhancement services for users. There is no specific information indicating who the founder of Penpie is. It is recommended to visit Penpie's official social media or website for more information.

• Twitter: https://twitter.com/Penpiexyz_io
• Discord: https://… (for specific links, please refer to the source)

3. Which venture capitals have invested in PNP?

According to the information provided, there is no direct mention of which venture capitals have invested in the cryptocurrency PnP. However, here are some investment details related to cryptocurrencies and blockchain:

1. Coinsuper: A cryptocurrency exchange based in Hong Kong, completed pre-B round equity financing, led by Unbound, with follow-up investments from Fin Venture Capital, Yunjiu Capital, and West World.

2. Uphold: A digital currency remittance platform, secured $57.5 million in angel round financing, with the investor being former senior analyst at the Federal Reserve and current Chief Risk Officer at Ripple, Greg Kidd.

3. BlockTower: A cryptocurrency hedge fund, received $140 million in strategic financing, with participation from several well-known venture capital firms in Silicon Valley.

4. BHex: A decentralized digital asset custodian trading platform, completed $15 million in angel round financing, with investors including Huobi, OKCoin, Yintai Capital, and Node Capital.

5. OpenSea: An NFT trading platform, completed $23 million in Series A financing led by a16z and $100 million in Series B financing.

This information does not directly address the investment question about PnP but provides insights related to investments in cryptocurrencies and blockchain.

4. How does PNP operate?

How P2P (Peer-to-Peer) Cryptocurrency Works

1. Decentralization: Cryptocurrencies are based on blockchain technology, which is a decentralized ledger that records all transactions on the network. It is maintained by a network of computers rather than a central authority, making it difficult to alter or tamper with.

2. Transaction Process: When users make transactions, the transaction information is broadcast across the entire network. Participants in the network, known as miners, verify these transactions and aggregate them into a block. This block is encrypted and added to the blockchain, ensuring the security and transparency of the transactions.

3. Cryptography and Security: Cryptocurrencies use advanced cryptographic techniques to secure transactions. Each user has a unique public key and private key used to encrypt and decrypt transaction information. This mechanism ensures the security and anonymity of transactions.

4. Miners and Mining: Miners validate transactions and create new blocks by solving complex mathematical problems. As a reward, miners can earn a certain amount of cryptocurrency. This process is known as mining.

5. Wallets and Transactions: Users can use cryptocurrency wallets to store, send, and receive cryptocurrencies. Wallets can be in the form of software, hardware, or paper and are used to manage users' private and public keys.

In summary, P2P cryptocurrency achieves secure, transparent, and fast transactions through decentralized blockchain technology, cryptography, and validation by miners.