Bitcoin Forum

https://i.imgur.com/bbQWWdD.jpg


1-Introduction:
PayPal Crypto allows you to move money over the internet similar to E-Currency like Perfect Money, OkPay, Western Union etc. but with many improvements add with encrypted technology, including fast transactions with minimal or no fees.
Paypal Crypto have no boundary, no restrictions, no frozen account and no country ban policy because its decentralized electronic cryptocurrency & its your own currency you have to freedom, you have to choice, you have to option what ever you want you can do! send, receive & trade your money every where- any where with your own choice without any one interruption & irrevocable transactions with privacy, impossible to identify because its the PayPal Crypto your own bank with your own policy.

2-Mining:
Mining is the most important thing to create value for a coin the process of adding transaction records to public ledger of past transactions, miners will become the coin more stronger & secure.
33 Million Paypal Crypto Coins will be created in 33 years with most advanced algorithm X11, production decreases halving in every year.

3-PayPal Crypto Specifications:

Name:  PayPal Crypto
Ticker:  ppal
Algorithm:  X11
Network:  POW
Confirmations:  6 network confirmations
Block Time:  60 sec / 1 minute
Block Size:  1 MB
Block Reward:   21 coins per block
Difficulty Retarget:  Kimoto Gravity Well (every block)
Halving:  Every year (every 525600 blocks)
Trade Fee:  upto 0.1
Withdraw Fee:  upto 0.2
Pool Fee:  upto 0.2
Total Supply:  33 million
Premine:   33% / 10.89 million
P2P Port:   6655 (Testnet 16655)
RPC Port:   6665 (Testnet 16665)

4-Distribution:
0.89 Million PPAL reserved for development team. ( To Cover Expenses )
2.0  Million PPAL for network Stability.  ( To Maintain Services, Coin Price Stability & Acceptance )
3.0  Million PPAL has been reserved for Merchants. ( To Cover loss by Fluctuation of Coin Rate )
5.0  Million PPAL is being kept as PayPal Crypto Foundation/Aid. ( PayPAl Crypto Financial Aid will be in Bitcoins )


Official Website:       http://www.ppalcrypto.com/
Github:                   https://github.com/PayPalCrypto
Windows Wallet:      Done  (download from official site)
Mac wallet:             Done  (download from official site)
Linux wallet:            Build from https://github.com/PayPalCrypto/ppalcrypto.git
Paper wallet:           Done  (download from official site)
Exchanges:              Coming Soon..........
Merchants:              Coming Soon..........  

Let me be first to say, "Get a lawyer."

That premine tho

LOL.  this is going to be hilarious.  a lesson in IP law coming up.

anything wrong ...

check the announcement and check the readme :

What is PayPalCrypto?
----------------

PayPalCrypto is a lite version of Bitcoin using scrypt as a proof-of-work algori
thm.
- 2.5 minute block targets
- subsidy halves in 840k blocks (~4 years)
- ~84 million total coins

The rest is the same as Bitcoin.
- 50 coins per block
- 2016 blocks to retarget difficulty

For more information, as well as an immediately useable, binary version of
the PayPalCrypto client sofware, see http://www.paypalcrypto.org.

regards

well shit you beat me to it.

nothing to see here folks.....

This project is not going to be safe from copyright infringement they are up against a multi million and multi national company they should have think twice before coming up with such a name and this name will be very costly to them..

If I ignored the legal issue, I can't stay blind about the huge premine 33% / 10.89 million

once again copy paste shitclone .... the dev even doesn't change the readme in github

Why 95% cpu usage? on windows wallet!
I'm out.
Wallet is suspicious!

I dont think so sign "paypal" is reserved.

Let me guess the funds raised you're going to use for the lawsuit against you?!

Account : First post.
Grammar : Does not compute.
Technology : Of a dinosaurus.



Such future wow. SHUT UP AND TAKE MY MONEY ! (only in 2011 it would work).

You will get a legal problem using Paypal name, also, this is a SHITCOIN! hahaha

That's how you have to be "smart", that only started its work in creating a crypto-currency, so screw it up?
You seriously their coin called PayPal? )
Developer, who are you? What are your past projects?

The high levels of shit will probably be the saving grace

Nicely summarized fact;) Moreover "PAYPAL" will be highly interested in this endeavor if ever this one materialized:) "Lessons in IPR 101"  :)

I mean we're trying to get away from services like paypal as far as we possibly can so why the hell would we mine/use this?

Why are you using the Brand Name of "Paypal"? You can't able to found good name for your coin?

Think different, create your own brand!!

no relation with paypal, just use popular paypal brand for this coin

it will not grow if only name is paypal. more info

Naahh..
Scam coin or Shit coin, still.. soon or later somebody will mine it, no matter what.
Cause they just care for coins not anything contains on wallet or the network it self.

If somebody concern about how secure, (imho) you may please to investigates more details and build a site for it and list the details soon for any new/updated coins released.
Take donations for your work, it might be useful for everybody.

All brands had copyright associated with it,they had an in house lawyers or ready lawyers who are the best in this kind of business,so I can even if you are an unknown they will avail of people who can and will trace you so they cam slam you with lawsuits..

This one will soon crumble in a matter of time,participants will have a hard time dealing with paypal when it finally take action on this blatant copyright infringement,so beware..

Here dev, you'll need it.  

http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4808:lryhvx.2.2 (http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4808:lryhvx.2.2)

https://lh3.googleusercontent.com/-XfLLhj7Mxnc/U_TiYQ3tNOI/AAAAAAAAAH0/xpprXZZa-go/w2048-h1152/

A brand new copycat shitcoin with a huge premine, a newbie BCT account and maximum exposure to PayPal lawyers.
What could go wrong? LOL

PS: Wouldn't be surprised if wallet is delivering some free "extra functionality" to its idiot miners...

where this bounty

Site is not yet officially launch but when it does I'm sure the next email will come from paypal i hope they managed to keep their identity  hidden or they will be in real trouble I'm 100% sure of that.the last one of I remember was coinnye

Did you break development?

what n azzhoe

WOW! this thread is so popular I read comment ranging from newbie to legendary, seems the PR of this coin is great :D  It attracted different rank as audience and further more this project developer / owner will sure have an invitation requested by paypal itself.  Such a great PR!  I congratulate you on that Dev  ;D

has any relation with paypal?

I am doubt you are official people from paypal service, there are no announcement from paypal via email if there are news, for other users please share the informations if It is true, becareful with this one and i will search other info and making updating on here.