Pion is a new decentralized Peer to Peer cryptocurrency that is simple, fast, and secure. The system uses Proof of Work (Mining) utilizing X16R algorithm and a Masternodes for a fair and efficient allotment/distribution of Pion coins.Pion makes it effortless for people from all walks of life to mine, earn, own, trade and transact using the Pion coin. Pioncoin has 9 mining pools and uses the X16R algorithm.