> For the complete documentation index, see [llms.txt](https://docs.skypirl.tech/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.skypirl.tech/skypirl-pirl.md).

# SkyPirl (PIRL)

## <mark style="color:orange;">About SkyPirl 2.0</mark>

Pirl has migrated from it's original protocol ( ethash ) and it's now based on substrate.

Pirl 2.0 is fully decentralised and is managed by the community using democracy modules.

This new version of Pirl is a continuity of the initial idea. The major changes are:

* New monetary policy
* decentralised treasury
* validation of the blockchain using Validator node
* staking ( you can nominate a validator and stake on top of it )

<figure><img src="/files/jNRJqPq9uWTj5iCcNfDK" alt=""><figcaption></figcaption></figure>

<mark style="color:orange;">**Welcome to Pirl 2.0**</mark>

PIRL is a nPOS ( nominated Proof Of Stake ) community based blockchain with decentralized governance. The community decide the direction of the chain.

#### 🏛 <mark style="color:orange;">Governance</mark>

The governance is in the hands of Pirl community, all in-chain they can drive the direction of it. Safe, Transparent, Decentralized.

<figure><img src="/files/dwDeDjol0dQDsPxLYseo" alt=""><figcaption></figcaption></figure>

[Read More](https://skypirl.net/#/democracy)

#### 🏦 <mark style="color:orange;">Decentralized Treasury</mark>

Treasury is 100% decentralized controlled by the community. Treasury will allow funding for every project that want to build on top of Pirl 2.0. Treasury get 80 % of network transaction fees.

[Read More](https://skypirl.net/#/treasury)

<figure><img src="/files/IuO1LxhWUZprLZO9Bf65" alt=""><figcaption></figcaption></figure>

<mark style="color:orange;">**Validate**</mark>

The core of nPOS algorithm is running validators, initially started with 100 slots available. Reward generated by the chain and 20% of transactions fees.

<figure><img src="/files/S1BeT6UBsreZmpdgyaqF" alt=""><figcaption></figcaption></figure>

#### <mark style="color:orange;">Nominate</mark>

Nominators secure the chain adding stake on top of the Validator. They earn a percentage of the reward by locking PIRL in the chain.

[Read More](https://sky-pirl.gitbook.io/skypirl/skypirl-pirl/2-how-to-be-a-nominator)![](https://pirl.io/content/uploads/2020/11/Screenshot-2020-11-23-at-12.50.29.png)

#### <mark style="color:orange;">Explorer</mark>

All accounts actions are available using online explorer dashboard, enabling cross device compatibility without compromise.

<figure><img src="/files/4X2jCZRt2JyfycxyPtBF" alt=""><figcaption></figcaption></figure>

[Read More](https://skypirl.net/#/explorer)

#### &#x20;<a href="#h.9e1cal4b03gi_l" id="h.9e1cal4b03gi_l"></a>

🌐 Website: [https://skypirl.tech](https://www.skypirl.tech/)

🌐 Website: <https://www.skypirl.com/>

🌐 Explorer: [https://skypirl.net ](https://skypirl.net/)

🌐 Telemetry: [https://skypirl.org](https://skypirl.org/#/0xc35f3d80a43094001f6e62723c4c79d050a12ed947772bb23a545679d01bf0a4)&#x20;

🌐 Video Audio chat: [https://room-house.com ](https://room-house.com/)

🌐 Twitter: [RoomHouse Official](https://twitter.com/RoomHouseOffic1)

🌐 Twitter: [SkyPirl Official](https://twitter.com/skypirl)

🌐 Telegram: <https://t.me/SkyPirlOfficial>

🌐 Gitbook: <https://docs.skypirl.com/>

**SkyPirl Network is a self-sustaining and self-funded blockchain ecosystem not financed by pre-mined coins or an ICO.**

#### Room-House.com SkyPirl Pirl Rumhaus
