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It's okay, if the idea successfully comes to fruition it will be posted on a lot more than just this board.
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As per Sunny King's last weekly update, v0.4 has entered testing stages. Can't wait to see it. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Proof-of-Stake continues to grow in acceptance. I expect by 2016-2017 it will be the dominant function in the marketplace.
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Looking forward to v 0.4 when it comes out soon! I've heard rumors of cold-locked transactions, which would be a huge boost for a PoS coin.
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Reading through this thread it becomes stunningly apparent that most of you have not done any sort of in-depth research into the mechanics behind Peercoin, and rather are relying on the BTC-e trollbox for information. Please read the thoughts of PPC developer Sunny King into why PPC has been designed the way it has been.
As well, because it bothers me to continually read the same tired arguments, you should NOT be thinking of 1% PoS rewards in the same way as fiat inflation.
Let's say in society I'm holding $100. Let's also say that there is $1000 total in the country held by 10 people including yourself (the money supply). Everyone has $100 in this scenario.
Traditional 1% inflation is if the Government prints an extra $10. Now, I only have $100 out of $1010 total, meaning my relative purchasing power has decreased. This makes me unhappy as a holder of the currency, and is the lens that many of you are thinking of the mechanics of the coin.
With Peercoin, EVERYONE GETS the 1%, assuming you choose to secure the network with PoS minting. Your relative purchasing power has not changed. Everyone has the chance to hold $101 / $1010 (10% of the money supply) so to speak, which is no different than $10 / $1000.
The only difference is that this 1% PoS reward mechanism secures the network, and is offset by transaction fees. It is a useful form of work.
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Peercoin's community is growing quickly! Was really happy to see Sunny interviewed in CNBC.
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The Peercoin community is outstanding. Newcomers that poke their heads in to www.peercointalk.org are pleasantly surprised to see the depth of help resources available for getting started (both in terms of guides, and staff members to answer questions). Combined with their security & energy-efficiency, I see big things in Peercoin's future.
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Awesome! Can't believe how fast PPC (and all coins, really) have been growing. Looks like the market has room for an energy-efficient coin. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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It's great to see Peercoin gaining awareness in mainstream channels. While I would say it's premature to think it will overtake BTC anytime soon, I do like the energy-efficiency and security aspects of the coin. Expect big things from Sunny King and the PPC team in 2014 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I love USD trading pairs, and appreciate you have BTC, LTC and NMC. I think it's time you consider adding PPC. It's #3 worldwide right now on coinmarketcap.com and a lot of people are getting interested in it because of its energy-efficiency and security advantages. In the meantime I'm going to be using the PPC/USD trading pair on Vault of Satoshi, but I'd love to start using it on BTC-e in the near future.
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Meeting up with someone in person is always risky if you don't know them in advance. I would advise that you bring at least one friend and meet in a very public place. After the Bitcoins have been transferred to you, make sure that you don't leave until they have been fully "confirmed" with 6 transactions.
Also be sure to check market prices to make sure that you aren't paying too much in the transaction.
Finally, check out other coins that are promising like Peercoin (PPC) and Litecoin (LTC).
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