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2641  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency on: May 01, 2013, 09:07:01 PM
I think the green theme is a winner. Not too sure on the chinese element to it but it looks very professional.
2642  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC/FTC exchange via Google Docs [Bid 41 LTC | Ask 48 LTC] on: May 01, 2013, 08:43:05 PM
I want to thank the editors and creator of this spreadsheet !!

Also I'm begging them to convert it to CHNcoin, as this is now pretty much redundant and I'd love a chance to use this sheet for CHNcoin trading.

Feathercoin was not the death of litecoin, and CHNcoin won't be the death of Feathercoin.

No. Keep this spreadsheet as it is, it still has a purpose. Especially with Cryptonit down.

Create your own spreadsheet for your coin if you want one.
2643  Alternate cryptocurrencies / Altcoin Discussion / Re: Selling 1000 CNC for 1 BTC / 31 LTC / 500 FC / 100 NMC / 220 TRC / 400 PPC on: May 01, 2013, 08:24:15 PM
Hmmm. According to my calculations a decent mining rig can mine thousands of these per day at the current difficulty...

It just makes it easier for me not to sell my coins, and keep them for a rainy day Smiley

Good luck my friend. May we all become rich Smiley
2644  Alternate cryptocurrencies / Altcoin Discussion / Re: Selling 1000 CNC for 1 BTC / 31 LTC / 500 FC / 100 NMC / 220 TRC / 400 PPC on: May 01, 2013, 07:57:39 PM
Hmmm. According to my calculations a decent mining rig can mine thousands of these per day at the current difficulty...
2645  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptonit down on: May 01, 2013, 06:26:37 PM
Just my humble opinion, but no reason to really use it anymore due to vircurex and bter.

I would just stick to Vircurex myself.
2646  Alternate cryptocurrencies / Altcoin Discussion / Re: Feathercoin is on Vircurex!!! Just Noticed on: May 01, 2013, 06:25:34 PM
Can't believe the growth of these feathers. On Vircurex already. Crazy.

We'll probably get 10 copycat coins trying to repeat this success in the next week but it's not gonna happen.
2647  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCEMENT] MICROCASH TO BE RELEASED ON MAY 10TH!! on: May 01, 2013, 06:07:18 PM
Those are some very nice features.

I've seen the name Microcash being bandied around the forum in recent weeks, am I right to assume this project is still in active development? Is it known how much of the proposed design we can expect to see in the finished product?

edit: nevermind, just noticed the other topic on the front page
2648  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS] 1000CNC per .5BTC or 15.5LTC on: May 01, 2013, 05:59:42 PM
Tulip mania if people are buying at 15LTC /1000CNC already.
2649  Alternate cryptocurrencies / Announcements (Altcoins) / Re: **Mincoin** Bronze To Bitcoin Gold [minute blocks] [scrypt mining] on: May 01, 2013, 05:57:48 PM
Mincoin is shooting up in value at the exchange http://www.mcxnow.com exciting stuff.
And wait until that exchange become one of the major out there!
I'm speculating that when some other pairs will be added, people will start to diversify their holdings into MinCoin causing the price of this rare, fast altcoin to skyrocket.


The exchange doesn't even have secure socket layer.

This. Secure socket layer (SSL) is what any website involving financial transactions should have as a standard.

No SSL means your communication with the website when you visit each page isn't encrypted. So your password is sent is plaintext and can be viewed by a packet sniffer, for example.
2650  Alternate cryptocurrencies / Altcoin Discussion / Re: WTB 20k CHNCoins with 5k Feathercoins (edited title) on: May 01, 2013, 05:22:30 PM
rofl. read who wrote the quote
2651  Alternate cryptocurrencies / Altcoin Discussion / Re: Someone should clone PPC and call it Ecocoin on: April 30, 2013, 10:23:09 PM
I also haven't seen anything that is worrying in version 0.3. Would you show me precisely what is so broken in version 0.3?

Same thing which was broken in 0.2: it is secure only if there is a large number of active stake coins.

I already mentioned a message where doublec described how he can generate a shitload of PoS blocks in a row just by bringing his offline wallet online. Nothing have changed in new version to prevent this...

OK, well, aside from change in weighting of stake, which isn't that significant.

To the person who mentioned checkpointing, it is for security purposes and Sunny has said it will become advisory only by the end of the year at the latest.

Why do you trust Sunny?

Let's do this again:

"The market cap of PPCoin is worth millions of dollars. If it was easy or trivial to attack and do double spends or whatever, why isn't it happening?  Roll Eyes That's not a rhetorical question, I am genuinely interested in your reasoning."

I'm guessing since you ignored this entirely, you've realised how foolish the entire premise of your argument sounds.

In that topic you linked to, the guy is using 0.2 not 0.3 and in the 0.3 release Sunny said it contains bug fixes. I don't see any reports of this happening with 0.3, please link me to them if you do.

Checkpointing is necessary for security. It's also a temporary measure being phased out. If another new cryptocurrency emerged based on original ideas that needed to be tested out in the wild it too would likely use a checkpointing system (doing otherwise would be suicide).
2652  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency on: April 30, 2013, 06:32:58 PM


If you truly believe the name is causing us to lose market, I'd say the evidence is to the contrary. Just one month ago we were still in a close match with devcoin, terracoin, novacoin etc. Apparently the market has decided the name was either not that bad or didn't matter and now we are #3 even ahead of namecoin.


I agree.

2653  Alternate cryptocurrencies / Altcoin Discussion / Re: When is the next coin coming out? on: April 30, 2013, 06:23:01 PM
MC2 looks amazing. But I am guessing it won't be out for like a year because it requires a lot of new coding ideas  Embarrassed
2654  Alternate cryptocurrencies / Altcoin Discussion / Re: [FTC] In 16 hours, the fun could be over :-) on: April 30, 2013, 06:12:33 PM
According to his recent posts Perhan the topic creator recently sold all 45k of his FTC, banking on the price dropping soon. I'm sure he is unbiased with this topic though.
2655  Alternate cryptocurrencies / Altcoin Discussion / Re: Someone should clone PPC and call it Ecocoin on: April 30, 2013, 06:06:24 PM
Creating another coin because of the name is dumb. It's also a huge discredit to the countless hours of work Sunny has put into his own project. I feel sorry for the guy because he receives such little acknowledgement for his contributions towards cryptocurrency. PPCoin is continuing to prosper though, so perhaps that is reward enough for him.

If eager programmers have a hard time deriving the implementation, so do eager attackers, thus attacking will not eager to happen.

What makes you think that programmers have "hard time"? Nobody really cares...

Versions 0.1 and 0.2 were completely broken, there is very little interest to tear apart new version... But some people did that, and they say it is still broken...

The market cap of PPCoin is worth millions of dollars. If it was easy or trivial to attack and do double spends or whatever, why isn't it happening?  Roll Eyes That's not a rhetorical question, I am genuinely interested in your reasoning.

I also haven't seen anything that is worrying in version 0.3. Would you show me precisely what is so broken in version 0.3?

^ Interesting, I've been looking for a clear answer on some of these issues (and finding the 'energy-efficient' claim very...imaginative) and it seems I have found it...Thanks.

My understanding is PPCoin is only proof of work for the initial minting process. In the long run it will consume much less energy as it will use proof of stake for transactions and later minting of coins.

To the person who mentioned checkpointing, it is for security purposes and Sunny has said it will become advisory only by the end of the year at the latest.

Thanks for that I'd be interested in hearing replies to this.  If PPC isn't 'broken' but merely untested, then I would vote simply for a name change + homepage revamp seeing as it's still very early days rather than launching a new coin with a different name.

What's this I've read about the PPC code being uncommented?  Does this mean it's very hard for other programmers to work on?

Well, this is my opinion. 2 months ago PPCoins were selling for 2 cents a coin. Last weekend they hit 40 cents a coin. Does it seem like the name of the coin is holding it back?

I would also like to see a homepage revamp. Something cleaner and more informative.

I am used to the name myself. The Nintendo Wii sounds like Nintendo Piss, and sold 100 million units lol.

The PPC code is apparently not easy to follow. I suspect this is partly intentional to minimise people cloning it before it becomes popular. That is pure conjecture on my part though. Perhaps it is because Sunny is operating largely alone and hasn't had time. When the price hits $1+, more developers will be attracted to working with it.
2656  Alternate cryptocurrencies / Altcoin Discussion / Re: Someone should clone PPC and call it Ecocoin on: April 30, 2013, 05:45:50 PM
Creating another coin because of the name is dumb. It's also a huge discredit to the countless hours of work Sunny has put into his own project. I feel sorry for the guy because he receives such little acknowledgement for his contributions towards cryptocurrency. PPCoin is continuing to prosper though, so perhaps that is reward enough for him.

If eager programmers have a hard time deriving the implementation, so do eager attackers, thus attacking will not eager to happen.

What makes you think that programmers have "hard time"? Nobody really cares...

Versions 0.1 and 0.2 were completely broken, there is very little interest to tear apart new version... But some people did that, and they say it is still broken...

The market cap of PPCoin is worth millions of dollars. If it was easy or trivial to attack and do double spends or whatever, why isn't it happening?  Roll Eyes That's not a rhetorical question, I am genuinely interested in your reasoning.

I also haven't seen anything that is worrying in version 0.3. Would you show me precisely what is so broken in version 0.3?

^ Interesting, I've been looking for a clear answer on some of these issues (and finding the 'energy-efficient' claim very...imaginative) and it seems I have found it...Thanks.

My understanding is PPCoin is only proof of work for the initial minting process. In the long run it will consume much less energy as it will use proof of stake for transactions and later minting of coins.

To the person who mentioned checkpointing, it is for security purposes and Sunny has said it will become advisory only by the end of the year at the latest.
2657  Alternate cryptocurrencies / Altcoin Discussion / Re: Feathercoin network reached 2300MH/S ! on: April 29, 2013, 09:58:51 PM
Congratulations to all the miners! A great result indeed!

Network is growing very strong indeed.  Smiley
2658  Alternate cryptocurrencies / Altcoin Discussion / Re: FeatherCoin's network hashrate is now over 1,500 MH/s on: April 29, 2013, 07:19:42 PM
Damn. This growth rate is unprecedented. Projected difficulty is already over 82.

Nuts.
2659  Alternate cryptocurrencies / Altcoin Discussion / Re: Selling 10k Feathercoin / LTC on: April 29, 2013, 06:01:23 PM
Make an offer -

5k FTC for 5 BTC, you send first.

Well you've changed your tune. I notice you've deleted a ton of your posts bashing alt coins lol.
2660  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining FTC vs LTC (simple math inside) on: April 28, 2013, 08:53:24 PM
I don't know the exact figures but mining feathers is definitely a lot more profitable.
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