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Title: Advantage of Peercoin to Bitcoin Post by: Witty01 on November 24, 2013, 07:02:11 PM I have read that Peercoin, unlike Bitcoin, allows for an increase the supply of coin should the limit be reached. It is presently centralized in control (Unlike bitcoin) but will be de-centralized "after a large amount of users are using peercoin". If it can be controlled to the point where it can be de-centralized, why cant it be re-centeralized again? Its design seems to defeat the purpose of free digital currency..
Title: Re: Advantage of Peercoin to Bitcoin Post by: PenAndPaper on November 24, 2013, 07:05:10 PM I have read that Peercoin, unlike Bitcoin, allows for an increase the supply of coin should the limit be reached. The limited supply of bitcoins is not a concern by any means. You may want to check here http://bitcoin.org/en/faq#wont-the-finite-amount-of-bitcoins-be-a-limitation Title: Re: Advantage of Peercoin to Bitcoin Post by: Witty01 on November 24, 2013, 07:12:10 PM I have read that Peercoin, unlike Bitcoin, allows for an increase the supply of coin should the limit be reached. The limited supply of bitcoins is not a concern by any means. You may want to check here http://bitcoin.org/en/faq#wont-the-finite-amount-of-bitcoins-be-a-limitation Thanks for the link PenAndPaper. I am really more concerned about the ability of Peercoin to be able to make changes to the structure of its currency unlike Bitcoin which is a fixed structure. Is this a good thing for a digital currency? Title: Re: Advantage of Peercoin to Bitcoin Post by: PenAndPaper on November 24, 2013, 09:01:19 PM Well as long as there are not any serious issues like scalability or other i guess it's a good thing.
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