Is this guy for serious? Whoever deposited money in this guy's "bank" (it's probably just used to pay back credit card loans of 'Dank') is out of their minds. I wonder how many days until Dank's "Bank" will close down.
It's a low risk bank according to when it was set up. |
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I think this is more trying to get people to buy into LTC - if you've been following who's been trashing the PPC threads etc.
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What exact simulation do you want ran, I will run it. I do not want to run anything, I'm merely suggesting a simulation. For example, you can simulate proof-of-stake mining where one malicious miner tries to mine many blocks in one go. Setup is described here: https://bitcointalk.org/index.php?topic=102342.msg1139483#msg1139483Suppose we have N equal 'stakes'. (N-n) stakes belong to honest miners, n belong to a greedy one who wants to do double-spend. You can simulate PoS mining in this way: each block should have some random number X associated with it. Then miner rolls a dice to get random number Xi. If |X-Xi| < coin-days miner has then he signs PoS block. So you go through all miners trying to find one who have solved PoS block. If nobody solves it then next block is PoW block, so you just roll another X. For a malicious miner things are a bit different, though. He tries all his n shares one by one. If one or more shares solve the block, he immediately tries to build another blocks on top of it using his other stakes. If chain of k blocks can be built malicious miner wins a double spend. If his best chain is less than k blocks he doesn't submit his blocks so coin-days of his stake isn't reset. For everybody else, solving the block resets coin-days, not solving it in this round increases it by one. This is a very basic simulation. Ideally you should use parts of PPCoin code to simulate real mining. (Of course, only PoS blocks, you don't need to make valid PoW blocks.) E.g. CTransaction::CheckProofOfStake https://github.com/ppcoin/ppcoin/blob/master/src/main.cppIt isn't easy, it might take a couple of days, or maybe a week of work. But it's not a rocket science either... Thanks. |
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This site is a scam. It purposefully lies about the odds. It wouldnt shock me if it was a scam on another level or two aswell.
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Obvious FUD.
I wonder if OP has the buy for 1million coins that's just appeared an hour or so ago? Price (BTC) Amount (PPC) Sum (BTC) 0.00013751 1000000.00000000 137.51000000 |
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Also I just sold my PPC for BTC and now I am attempting to withdraw my BTC and I seem to be unable to do so. I enter my BTC address, I copy and paste the stated max withdrawal amount, click withdraw and nothing happens. My balance remains the same and there is no pending withdrawal.
Any help?
Implies it to do with BTC balances.... Yawn these silly kids trying to play with the markets for their own ends. |
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PPCoin reached a new low on trading over the weekend of on a high volume. This does not look good for the future of PPCoin, and it appears we are limiting Sunny King's ability to dump his pre-mined coins which popped onto the network August 19. It appears that doublec has started to limit withdrawal from his bitparking exchange. This could mean one of two things. doublec is limiting PPCoin withdrawal to support the price of PPCoin (a PPCoin banking holiday) or it could be that doublec does not have enough BTC in reserve to pay back PPC holders (a PPCoin banking holiday) . I just sold my PPC for BTC and now I am attempting to withdraw my BTC and I seem to be unable to do so. I enter my BTC address, I copy and paste the stated max withdrawal amount, click withdraw and nothing happens. My balance remains the same and there is no pending withdrawal.
Any help?
If I had PPCoin I would be very careful about finding a way to get rid of your PPCoin even if it means going off exchange. This may be the only way to get out of PPCoin now.Volume has been fine of normal http://www.proofofstake.com/Sunny doesnt have "pre mine", there's also a graph above of mint. Chris probably has bug on his website, nothing more or less. What a silly thread. Grats op. you've been around a few days days, but, you accuse suny of being SolidCoin creator (however you learnt of this fiasco in such detail), have extreme hate for PPC - what's your real name? Who's LTC pump/dump sock account are you? |
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GOT IT Anone need 680 mining, follow steps here: http://ltc.kattare.com/gettingstarted.phplong with these settings: worksize 576, aggression 15, threads_per_gpu 1, sharethreads 8, lookup_gap 2, gpu_thread_concurrency 8192 CURLE_COULDNT_RESOLVE_HOST (6) Seemed to suggest it was an error with the hostname, was I wrong? I dont care about the 0.1 etc. |
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What script do I need to run for reaper or cgminer reaper is giving me error 6, cant connect to server CURLE_COULDNT_RESOLVE_HOST (6) Couldn't resolve host. The given remote host was not resolved. conf file: host http://ltc.kattare.comport 9332 user MYUSER pass MYPASS kernel reaper.cl threads_per_gpu 1 aggression 14 worksize 576 save_binaries yes cpu_mining_threads 0 platform 0 enable_graceful_shutdown no long_polling no remove the "http://" from the host. |
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Sounds like lots of people have questions that aren't being answered and are responded to, mostly by Sunny, as "It is the way it is because it is complex"...
lol
Who are you quoting? It is more of a paraphrase of what Sunny has said recently on why he has no formula and analysis of PPC. "It's difficult/complex....that's why" How is that a paraphrase? |
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Sounds like lots of people have questions that aren't being answered and are responded to, mostly by Sunny, as "It is the way it is because it is complex"...
lol
Who are you quoting? |
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it seams like its too early for ltc to rise, price came falling like a rock today.
what do u think will it ever even have a chance against btc.
cheers
Yep, it's round one of the dump This whole thread, title included, was just to set up a dump, everyone knows this. LTC is a cycle of pump/dump regularly. It's a bit like a ponzi come pyramid if you think of the mechanics/who profits. It'll drop a lot more too also for other reasons, esp as some miners jumped on as soon as difficulty went up, basically to maximize the money they can generate before it readjusts again, they'll be selling off as soon as they're mine - they're not in it to "hold the currency". Img Edit. Also, lol at the volume spike. |
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I see myself as still learning lol  Yes, the time it was made. The bitmask is kinda the "target" that the algo is aiming for, something st. &1b0668c9 == 0 I think. The coin age is, if you have 1 coin, that's not been moved, for 1 day, it has 1 coin day. If I then transact this coin, the person who receives it starts counting again, and 1 coin day is removed. If 1000 coins are stored for 15 days, altogether it has 15000 coin days. If I sent this to somebody, it would destory the coin age, as they start counting again. |
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You are right I don't have a math analysis of how much coins are needed to attempt control of block chain. OK, so let's put it straight. The purpose of proof-of-stake, and of blockchain protocol in general, is to prevent double-spends. You claim that you've invented a crypto currency which uses proof-of-stake to prevent double-spends. But you don't know whether this protection is actually strong. Too much cognitive dissonance... I'll give you an analogy: "Hey guys, I've invented a new kind of tank armor, it's very lightweight, thus it's much more efficient and will likely replace other kinds of armor in future. You ask what damage it can withstand? Well, I don't know really, I neither can do modeling nor I can test it in practice. But how about this: you'll make some tanks with it and use it in battlefield, so we'll see what explosions and shells it can deal with. By the way, my recipe for coating is all open, so any material expert can analyze it." First it's more difficult than Satoshi's design, secondly I think there maybe other practical attacking vectors that I have missed so putting a math formula there as the final say on security is a bit misleading as well. It's not a "final say", it's a basis, a very first block for a proof-of-stake design. Proof-of-stake's purpose is to prevent double-spends, so first and foremost you need to check how good is your scheme against double-spends. Once you know it's good enough you can consider other "attacking vectors". And I don't think it's hard, you probably can come up with a good estimate in a couple of days if you have skills. If you don't want a theoretic solution, you can do a simulation. It isn't hard to implement, again just a couple of days worth of work. (Control of the blockchain is a different thing, by the way. It's obvious that one who controls blockchain can do double-spends, but small scale reorgs -- and thus double-spends -- are possible with much less effort, and this is what matters for security of payments first and foremost.) It may not match your expectations but I did what I can to contribute, rather than sitting there and accusing other people being lazy and greedy while they are the ones doing the real work. How convenient. Logic escapes you here. Again, perhaps analogy can help: suppose you build houses and I build bridges. Suppose I've noticed house you're building when I was walking in my spare time, and as I know a bit about structural integrity I've noticed that house you're building might collapse at any time. So I ask you to check your calculations (I might be missing something) and I also tell other people that they shouldn't go inside that house since it can collapse and kill them. So now you say that you don't have calculations, but that's OK because you are the only one who builds houses. And apparently I shouldn't comment because I build bridges, not houses. Does it make sense? I do not work on proof-of-concept schemes, but I still can comment on them. It really isn't convenient because I don't get anything out of it, I do it in my spare time to entertain myself. If you are so helpful then why don't you polish your analysis and continue discussion on the security properties? That's simply not what I do, I'm not an expert on that matter. You see, your problem is that real experts do not even want to touch your stuff because they don't want to dig into your code to guess the details. They just have better things to do. So you only get attention from guys like me which do it just for entertainment. If you publish a better paper MAYBE you'll get more attention from real experts. But I cannot guarantee you anything, of course. BTW I've already mentioned a couple of times what you can do to improve security. Instead you would just launch your personal crusade to attack me and ppcoin project. It isn't a crusade, I'm just warning people about situation about ppcoin because a lot of people do not get it, they cannot do analysis on their own and they trust you. But I didn't post anything about ppcoin at least for a month... Smoothie resurrected old topic which was relevant only before you released v0.2 (?). I just posted an update here, and that's all. If you worried so much about investors then why I haven't seen one pm from you describing the vulnerability of ppcoin and discuss with me ways of fixing it? ppcoin is vulnerable by design, you can't fix it unless you implement significantly different algorithm. Do you want me to do your work for you or something? However given all that I have endured from you, you are still welcome to pm me if you truly wish to discuss about security analysis of ppcoin. Otherwise we would just have to part our ways. Yeah, that's ok. I'm already quite bored with this ppcoin stuff. What exact simulation do you want ran, I will run it. Andy |
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Wooop  http://ppcexplore.org:2750/block/fe36a9814a8a6747680fb64d8669f8348fa7020827057bdc1e1254c8556d2c9aLooks like there is hope, here's some stats on PoS rate vs PoW. Just shy of 50% of the blocks are PoS now. ppc_db=# select (min(id)/1000)*1000 || '-' || (min(id)/1000)*1000+1000 as range, count(*), 1000/100*count(*)/100 as percentage from block_history where difficulty < 500 and id > 3000 and id < 10000 group by id/1000 order by id/1000 ASC; range | count | percentage ------------+-------+------------ 6000-7000 | 13 | 1 7000-8000 | 211 | 21 8000-9000 | 447 | 44 9000-10000 | 474 | 47 (4 rows) Andy |
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You are right I don't have a math analysis of how much coins are needed to attempt control of block chain.
Nevermind that you didn't analyse your protocol, I haven't even seen evidence that you know how the protocol works. Remind us again why you refuse to post the protocol specifications? Maybe someone else wrote parts of the code and disappeared, leaving you clueless? IMHO killerstorm is being far too respectful towards you than he should be. Agreed. How can you not have a math analysis of something you created. Oh wait...maybe because it wasn't you right? No need to properly inform people of how your new system works, just get it out there and all the kiddies will buy it because it is a "crypto-thingie". You are right I don't have a math analysis of how much coins are needed to attempt control of block chain.
Nevermind that you didn't analyse your protocol, I haven't even seen evidence that you know how the protocol works. Remind us again why you refuse to post the protocol specifications? Maybe someone else wrote parts of the code and disappeared, leaving you clueless? IMHO killerstorm is being far too respectful towards you than he should be. Do you really think, you're on the same understanding level as killerstorm as you seem to be trying to implying the same understanding as him. Even though he disagrees he actually seems to be relatively intelligent. |
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Let's count how many shady things have happen to date surrounding PPC and Sunny Drags...
1. PPC released with an incomplete white paper that comes along after launch.
2. Huge amounts of PPC mined (30%+ mined in 5 days total (to-date) supply))
3. Sunny's trolls like AndyRossy and Server etc come out to defend Sunny as soon as he is caught in a tight spot claiming $100-$200k development time has gone into PPC to date and that Bitcoin's development is only about $500k worth.
4. PPC bitparking exchange price spikes to 0.001btc then back to 0.0001btc and AndyRossy claims that isn't a pump and dump (at all).
5. Mr. Sunny Drag Queen admits he doesn't even have a formula or mathematical analysis of how PPC should work.
6. Difficulty on the block explorer shows erratic jumps in difficulty from like 1.18 to 10,000 every few blocks. No real pattern here it seems. Reminds me of "trust nodes" that get to mine every other block etc.
7. Sunny also admits that much less than 50% of total PPC is needed to manipulate the network (what number? he doesn't even know).
Oh another subject change, yes LTC is a pump and dump..... oh wait, no, PPC is, oh wait, sunny king has lots of coin, oh wait.... maybe ppc is just. Last answer / reply for you in here, you're wasting my time. 1) You've not even read the white paper, I doubt you even understand it. 2) Correct, and, as you point out, this diminishes over time, the total PPC's out there is over 10m now. 3) 100-200k is fair; and as to the above point, im happy to reward the lead dev for doing a good job. He doesnt have "over 30%+", but im sure he has, and he should, hold some of the currency. It's a working incentive. 4) This has been answered before, like LTC in early days, it's price stability, you've not addressed the flat line since, over the last month. LTC charts shows its a cycle of pump/dump, nothing more. Some people like this. 5) This is inaccurate, and ties to your point 7. 6) See point 1, this made me laugh btw. 7) Maybe you can solve / map this, it's not a trivial problem. Andy |
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Moreso, PPC was launched in the middle of August of this year and the exchange came up from DoubleC on: I'm trialing a PPCoin exchange at https://ppcexchange.bitparking.com. It works similar to my namecoin and litecoin exchanges. If you register please include an emergency PPC and BTC withdrawal address when prompted so the exchange can refund coins if it needs to close. The deposit addresses are permanent - they don't change and you can send to them multiple times - which is different from how my namecoin exchange operates. September 7th!...MUCH MORE THAN 3 days later! Clearly the price on BTC-e last year for LTC was the "INITIAL PRICE"....i.e. between 0.009 and 0.011 as I told you it was for the first two weeks at least after it started trading. PPC...first few days on the bitparking exchange, pump and dumped that shit...courtesy of Sunny Drag Queen. ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.001; sum | sum ------+------- 5001 | 5.001 (1 row) ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.0009; sum | sum -------+---------- 20901 | 19.71096 (1 row) ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.0008 and price < 0.0009; sum | sum ------+-------- 7000 | 6.0646 (1 row) Yeah man, serious dumps. 30BTC? What's that 3787 LTC's sold at current inflated price? What would you say PPC is currently setting itself up for, the last month flat lining? Some mega dump I guess? I just went through block explorer for PPC and in the first 5 days about 3.5 MILLION PPC were created. AGAIN I REPEAT IN 5 DAYS 3.5 MILLION PPC WERE CREATED! HOLY SHIT! OVER 30% OF THE CURRENT TOTAL SUPPLY WAS CREATED IN 5 DAYS AND HAS BEEN RUNNING FOR ABOUT 60 DAYS AND HAS A TOTAL OF 11 MILLION. That's right, there weren't enough BTC to sell into is why there was so LOW volume. Had there been more volume I'm quite sure Mr. Drag Queen wouldn't mind unloading a fuckton of PPC that he has stashed away on to the exchange eh? People aren't stupid enough to put their bitcoins into PPC as much as Sunny would hope. Again I ask the question, how much PPC does Sunny Drag Queen hold? Centralization of a cryptocurrency actually makes less sense to a supposedly "decentralized" (advertised) crypto-thingie. Most of the current 11 million PPC in existence was mined in the first few days by Sunny. You can't tell me otherwise. Moreso, on top of all of that the guy just admitted in the other thread that he doesn't even have a mathematical formula or analysis of PPC, it's just "supposed to work". Right we all should just accept that it should work the way he tells us it should work. Satoshi didn't leave out portions of Bitcoin in his whitepaper. Why is Sunny?  Another topic change. We've had this convo before. I know of at least 3 other miners mining during the first few days. Go look at that thread. As to "Moreso, on top of all of that the guy just admitted in the other thread that he doesn't even have a mathematical formula or analysis of PPC, it's just "supposed to work", this is more towards a specific issue than "have a mathematical formula". Want to change topic again after you get owned?
date_trunc | sum
---------------------+------------------
2012-08-16 00:00:00 | 0
2012-08-19 00:00:00 | 364697.15
2012-08-20 00:00:00 | 1986487.24
2012-08-21 00:00:00 | 506848.92
2012-08-22 00:00:00 | 296125.26
2012-08-23 00:00:00 | 243440.67
2012-08-24 00:00:00 | 205923.68
2012-08-25 00:00:00 | 170012.84
2012-08-26 00:00:00 | 164325.9
2012-08-27 00:00:00 | 193886.46
2012-08-28 00:00:00 | 162647.63
2012-08-29 00:00:00 | 186242.08
2012-08-30 00:00:00 | 157748.81
2012-08-31 00:00:00 | 179751.01
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Moreso, PPC was launched in the middle of August of this year and the exchange came up from DoubleC on: I'm trialing a PPCoin exchange at https://ppcexchange.bitparking.com. It works similar to my namecoin and litecoin exchanges. If you register please include an emergency PPC and BTC withdrawal address when prompted so the exchange can refund coins if it needs to close. The deposit addresses are permanent - they don't change and you can send to them multiple times - which is different from how my namecoin exchange operates. September 7th!...MUCH MORE THAN 3 days later! Clearly the price on BTC-e last year for LTC was the "INITIAL PRICE"....i.e. between 0.009 and 0.011 as I told you it was for the first two weeks at least after it started trading. PPC...first few days on the bitparking exchange, pump and dumped that shit...courtesy of Sunny Drag Queen. ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.001; sum | sum ------+------- 5001 | 5.001 (1 row) ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.0009 AND price < 0.001; sum | sum -------+---------- 15900 | 14.70996 (1 row) ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.0008 and price < 0.0009; sum | sum ------+-------- 7000 | 6.0646 (1 row) Yeah man, serious dumps. 25BTC? What's that 3150 LTC's sold at current inflated price? Right. What would you say PPC is currently setting itself up for, the last month flat lining? Some mega dump I guess? |
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