Bitcoin Forum

Hey guys, it's Jason, I just made a video explaining PPCoin, I would love if you could go check it out and give me some feedback :) Thanks :)
http://youtu.be/ynwz8H66chY (http://youtu.be/ynwz8H66chY)

Nice vid,

1. Needs some diagrams or visual aid to help with the understanding.
2. You are natural in front of the camera, maybe a white board and get up and move about a bit, point at stuff, something like that.

Other than that, you should make more vids!  Oh you do seem to like that fire place a bit to much, go outside or a different room.

Keep up the good work, good luck on your channel.

Good job man. We need more stuff like that.

fendlestick  +1

good for PPCoin :) gj

Pretty good vid.  I would recommend making more as well.  Maybe make another explaining POW & POS in more detail or something, and I also agree that some charts or a power point or something like that would be very nice imo.

I want to thank everyone for all the positive feedback :)

dude! we need to have some talk some about PPC because you mixed up some things.....

  I know PPC is hard to get, I was researching it myself for a long time, with a big help of Sunnyking, until I finaly got everything right.

any way, good job!

I would be grateful if you wanted to help inform me on PPCoin, I myself tried my hardest to understand, but if you are able to help me I would appreciate it very much :) Thanks :)

sigh ... Good job, but it is P-P-coin, not P-P-C-coin

I'm sorry I've been involved in PPCoin for so long I feel bad I said it wrong :(

Hi

you said :
"POS is proof that you have the coins, POW is proof that coins exist, thats a simplification"

no, its not simplification, its plain wrong.
POS - ok !  POW - its proof of how hard you worked on hashing , it has nothing to do with coins, you can do POW without any coins.  

you said :
ppc's quantity is proportional to popularity , and there is no limit for it.

no.
PPC's are minted in [almost] non stop lowering rate, just like bitcoin. just not pre-hardcoded , but smoothly decreasing with rising of hashpower.

this actualy means creation curve is very similar to bitcoin, we just cant predict EXACTLY how many there woulb be.
[not important right now]
the true difference wil show itself after many years - when there would be almost no new coins reward for POW in BTC and PPC.
BTC reward will be only transfer fees, and PPC will have POS reward of 1% per year and fees destroyed. that actually might be deflationary if there would be a lot of transfers. predictions that long in future have no sense, since there can be some protocol tuning in the meantime.  
[/not important right now]


you said :
"you are geting mone for holding ppc, there is difference beatween 30-90 days"
"PPC is not for trading, its for investment. "

well, no.

you allways get 1%. 30-90 days is just a function to enchance safety and smoothnes of the POS system, it has nothing to do with the reward.

1% roi is way to low to be any factor as an investment for a long time. especially in that volatile market.
dust protection and high number of coins is perfect for trading.
there are PPC bounties set for making trading them easier.


if you want to make more ppc videos, I really can help with information.

I took a lot of Sunnyking's time for him to educate me on PPC, now I can repay him by helping others to understand it.

so what do you think is the next step in trying to explain to the average person PPCoin? Like what part should we tackle first?

how it is safe, how it is energy efficient.


Safe without monstrous computing power.
-Bitcoin is safe, bacause of such enormous computing power, that none could ever match that speed and work faster - therefore making more proofs of work and double spend.

POS is safe , beacause to attack it, you would have to be owner of incredible amount the PPCoins. that would make an attack simply a suicidal one.
if you have a large percentage of anything in existence [for example bitcoin] you can much easier attack it by simply dumping it - destroying it's worth to zero and stoping blockchain halted at enormous difficulty. that would also not happen, simply because no one so wealthy can be so stupid and suicidal :)

difference is, proof of having a coin does not need a lot of computing power, and therefore, energy.

are there charts that show the energy use of PPCoin, I would love to have a way to compare it's total energy consumption to that of Bitcoin :)

Does anyone else here favor PPCoin?

he blink his eyes too much...  ;D

lol sorry about the blinking lol, I get that a lot :P and it's mostly because of my long eyelashes and my contacts lol :P Thanks for watching :)

Hey, its better than nothing, thanks for work! :) But animation like classic "What is Bitcoin?" https://www.youtube.com/watch?v=Um63OQz3bjo (https://www.youtube.com/watch?v=Um63OQz3bjo) would be better.

Very good video i will admit!  :)

Thank you :) and yes I wish I had any idea how to do animation :( lol

If anyone knows how to do animation, PM me I'd love to help :)

Nice job!

Thanks :)

Nice video! You sound confident... I just dont understand how PPC coin saves my electricity?

You've been a very vocal YAC coin supporter in the past, which is almost a direct copy of the PPCoin source code. And therefore also has the same coin supply trends in the first few days. Care to explain?

lmao.

I have to hand it to you. I've seen some dumb posts on this board in my time, but seeing a YAC supporter attack PPCoin in that previous post of yours has to rank right up there.

I usually refrain from these kinds of posts but for a troll like you it's a pleasure seeing you holding dat bag :)

Glad to see you guys keeping the thread alive :P