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1  Alternate cryptocurrencies / Altcoin Discussion / Interviews the PeerAssets Development Team on: February 09, 2017, 03:51:47 PM has conducted an interview about the PeerAssets protocol with developers peerchemist and hrobeers. You can listen to the interview here...

PeerAssets is a simple, blockchain based protocol which enables peers to issue and transact with tokens. You can read the whitepaper here...

You can also visit the forum thread about this here...

2  Alternate cryptocurrencies / Service Announcements (Altcoins) / Forum has Upgraded to Discourse & Moved to on: January 25, 2017, 05:24:21 PM
This is an official announcement on behalf of the Peercoin community. The forum has been placed into read-only mode and all its contents, threads, posts, user accounts and login credentials have been migrated over to We hope that the new Discourse forum software will provide a more engaging user experience for our community. Thank you!

Here is our Reddit announcement:

3  Alternate cryptocurrencies / Altcoin Discussion / Building Spires in Sunny Kingdoms on: November 28, 2016, 03:54:44 PM
This article is aimed at giving a complete but brief recap of the history of Peercoin and what we're up to now. It was written by Nagalim...

Thread on peercointalk forum...

EDIT FOR MODS: I could have sworn I originally posted this thread in altcoin discussion, but I came back to find it in announcements instead. I deleted that thread and reposted it here. If for some reason it doesn't belong in this board though, sorry for reposting it here. it's not an announcement though, so it feels like the right board to me.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Building Spires in Sunny Kingdoms on: November 28, 2016, 01:42:31 PM
This article is aimed at giving a complete but brief recap of the history of Peercoin and what we're up to now. It was written by Nagalim...

Thread on peercointalk forum...
5  Alternate cryptocurrencies / Altcoin Discussion / The Benefits of PeerAssets on: November 10, 2016, 04:35:52 PM
Here is an article comparing PeerAssets to other asset protocols...
6  Bitcoin / Development & Technical Discussion / P2SH Bitcoin Script Puzzle Explained. on: October 19, 2016, 11:33:48 AM
The publisher of the article can answer any questions if they are asked...
7  Alternate cryptocurrencies / Altcoin Discussion / Beyond Bitcoin Audio Released - Peercoin's 4th Birthday w/ Sunny King! on: August 29, 2016, 12:53:00 PM
Beyond Bitcoin Audio Released - Peercoin's 4th Birthday w/ Sunny King!

8  Alternate cryptocurrencies / Altcoin Discussion / Peercoin 4th Anniversary Celebration! Aug 19-20 - Radio Show/Contest Win 100 PPC on: August 16, 2016, 04:31:13 PM
Original thread here:

Peercoin 4th Anniversary Celebration!  Aug 19-20, 2016

It has been four years since
Sunny King, the founder and developer of Peercoin
 released this blockchain

>>> First Long-Term Energy-Efficient Crypto-Currency 2012-08-19 18:00:00 UTC. <<<

Please join us in acknowledging and celebrating this anniversary event !!

This is a great time to learn about the latest developments of Peercoin.  We have some things planned.

Phase 0: CoinDesk Interview with Sunny King & the Peercoin Team
                CoinDesk approached us to write an article about the effect Bitcoin's halving had on Peercoin's PoW difficulty and the
                resulting drop in mining reward. CoinDesk did this interview with Sunny King and the Peercoin team in preparation
                for writing the main article. You can find the interview here...

                CoinDesk Interview with Sunny King & the Peercoin Team

Phase 1: Mumble RADIO SHOW: Featuring Peercoin and hrobeers
                We'll be kicking off the event on Friday August 19th of the Beyond Bitcoin mumble radio talk show.
                This begins at 7am Pacific / 10am Eastern / 2pm UTC

                hrobeers will be our primary speaker, who will discuss the latest developments on his Peercoin project.

                If you've never used mumble before, see this post by @intelliguy on steemit:

                After the next speakers finish their segments, we'll continue the "aftershow" on the Beyond Bitcoin mumble,
                which will probably last up to an additional 1-3 hours.

                In attendance will be SentinelRV, Chronos, myself (ppcman), and more...

                Sunny King is aware of the event, and may make a surprise appearance during the aftershow discussion.

Phase 2: Two Day Rocket Chat "Drop in and Talk"
  Both Aug 19 & 20
                For the duration of the celebration until August 20th, we'll be making extra use of our new Rocket Chat channel,
                which is available here:


                So in the event you do not attend the 1 to 3 hour mumble show, you can talk to other people in our live chatroom
                after the show concludes.

                Special thanks to Peerchemist for running this free service.

                We will discuss historical achievements, current developments, and what's coming in the near future.

Phase 3: Win 100 Peercoins (or more!) by uploading a photo!
                All peercoin talk members are encouraged to take photos, or make memes, and upload them to this special thread:

                Peercoin 4th Anniversary IMAGE GALLERY and CONTEST.

                You can win 100 free peercoins for your contribution if selected as the winner!

Please help us spread the word.  Tweet about it, Steemit about it.  Facebook your friends.  Tell everyone! Smiley

**  Coinmarketcap will be rotating the above banner for the week and linking to this post.  If you have a website, please help us to advertise the above banner.    (Please save it to your computer and upload your own separate copy to your own host).

The post to link to, is this one:
9  Alternate cryptocurrencies / Altcoin Discussion / CoinDesk Interview with Sunny King & the Peercoin Team - July 14, 2016 on: August 15, 2016, 05:38:52 PM
CoinDesk has interviewed Sunny King and the ‪Peercoin‬ team! Check out the full interview here...
10  Bitcoin / Project Development / [ANN] PeerAssets - Blockchain Agnostic Protocol for Assets, Voting & Dividends on: May 06, 2016, 07:02:39 PM
The following paper describes a simple blockchain agnostic protocol which enables peers to issue and transact with assets. A simple explanation of how the PeerAssets protocol works would be that it works by writing and reading messages on the blockchain, where messages represent assets and addresses represent peers.

PeerAsset protocol based assets can be utilized to represent any type of asset like bonds or equity. PeerAssets can also represent real life objects, and by doing so confirm their existence on the blockchain. PeerAssets is a light protocol, as it utilizes no extra layers over the underlying blockchain and requires no hard nor soft fork of the host network. The simplicity of its design allows PeerAssets to reduce the amount of data that needs to be written in OP_RETURN, therefore it reduces blockchain bloat.

It does not require external value tokens beside the blockchain's native currency, which is used to pay transaction fees. PeerAssets does not participate in organizing nor maintaining of the public ledger, but takes advantage of its stability and trustworthiness. PeerAssets can work on top of every cryptocurrency that is forked from Bitcoin and has kept a compatible codebase, which includes Bitcoin, Peercoin, Litecoin and alike.

Not only does PeerAssets offer important features like shareholder voting, dividend distribution and expansion and contraction of the asset supply, it provides a way for businesses and organizations to freely move their assets between different blockchains. One of the reasons crypto-assets have not been used more regularly by businesses and organizations is because they are unsure whether the network they ultimately choose to host their assets will still be around in the future. Things change so fast in the world of crypto and a network that once seemed promising can get replaced by a better version. Businesses and organizations don't want to fear having their assets stuck or left behind on a network abandoned by its developers. A scenario like that would be devastating to any business it happened to. Therefore, providing a solution that allows an easy way to move between PeerAsset compatible blockchains is of great importance.

You can find the PeerAssets whitepaper at:

(or raw here:

Thank you for reading. Any feedback is helpful. Also of note is that I am not the author of the paper, but they will answer any questions asked in this thread.

This announcement is also posted on the Peercoin forum here...
11  Economy / Securities / About 1.5 Days Lef to Purchase Equity in Teehe Sports Book & Casino (FAQ Inside) on: March 28, 2015, 10:39:23 PM
There are around 1.5 days left to purchase equity in Teehe Sports Book & Casino. Below I've compiled a Q&A list, along with links to even more info. If you'd like to buy Peershares, then check the main website for contact info. Of note is the fact that this project is headed up by the creator of Peerbox, an operating system designed for securely running nodes and minting Peercoins. The creator (Peerchemist) is a well known and reputable figure in the Peercoin community.

Important Links:

- Prospectus
- Business Plan
- More Expansive Q&A Thread

How are you dealing with the legal aspects of this?

First and foremost Teehe is not illegal; however precautions have been made with foresight of legislative changes to cryptocurrency, crowdfunding, and online gambling. As much as legal entities are concerned we do not exist. We only exist in form of DAO. Ownership is decentralized and anonymous.

This must be illegal in United States of America.

Contrary to popular belief online gambling is not illegal in the United States, merely the money transmission process to online gambling companies has been outlawed by the Unlawful Internet Gambling Enforcement Act in 2006.

There is no way for government to seize funds or credit card company to block money transfers as we use cryptocurrency. We handle USD without handling Fiat, thanks to NuBits, which is a cryptocurrency that is pegged to the dollar. The Nu Network was created 6 months ago and has maintained their peg to the dollar, at times generating millions of dollars in trading volume and consistently being listed in the top 10 or top 3 on in terms of volume.

Canít managers just steal IPO funds and never deliver the product?

IPO funds are kept in multisig wallet among managers and one neutral party, a well known Nu and Peercoin community member who is chosen for good reputation. Even if managers of Teehe want to steal the funds, they canít. That is the design.

Why is it better to raise money through Peershares than from traditional VCs?

Funding raised through traditional venture capital firms eliminates anonymity. Furthermore, an elimination of anonymity is a point of failure for the organization if legislation were to negatively shift in either the cryptocurrency or gambling industry. In this regard, Teehe management has the foresight to raise funds in an anonymous fashion through Peershares, to prevent third party intervention in the future. Peershares also allows for profit earned to be distributed via dividends among shareholders, plus the ability for shareholders to influence Teehe through decentralized motion voting.

Teehe is structured to be resilient to attacks from legal entities by its ownership structure in the form of a Peershares DAO, which allows it to circumvent high taxes, regulatory costs and forms of censorship. There is no way for governments to seize funds or credit card companies to block money transfers. There is no way for any government or bank to influence Teehe. That is the design. It is important to say that the only contact point of Teehe with the "real world" is dividends sold for fiat by our shareholders. If shareholders can do this without government interference, then they will remain 100% safe and anonymous.

How will Teehe match upcoming projects that are implementing decentralized gambling on the blockchain?

While these truly decentralized solutions are quite interesting from technical perspective, we consider they lack practicality. They are often over-engineered and lack scalability, stability and
security. That is why we have chosen not to pursue this kind of approach and use tested and reliable technologies. This does not mean we will not strive to technically evolve in the future. We think we are in far better position to experiment with new technologies as money making business than startup running on investorís money.

What value does non-volatile betting provide the customer?

Bitcoin has continued to grow in the consciousness of its users. However, people still predominantly rationalize their monetary portfolios in terms of Fiat. The same applies to gambling, bettors wish to wager approximately $100 on a match, and not 0.34798 Bitcoin. We spare our customers of this mental conversion and allow them to bet in terms of their preferred Fiat currency.

Volatility is a risk premium, meaning an investor requires a higher return on an investment due to volatility. The volatility swings with Bitcoin are not small either, especially over a long term perspective, so Bitcoin gamblers are taking large risks without being compensated. Teehe eliminates this risk premium, it is logical to conclude the market will come to favour such a solution.

The biggest value is not even to the current Bitcoin gambling market. Teehe opens up this market to the massive traditional Fiat market. Teehe is a bridge between both of these markets. It captures all the benefits cryptocurrency has over Fiat that saw the rise in Bitcoin gambling, while solving the volatility problem that prevented a larger majority of users entering into Bitcoin gambling.

The gambling industry is one that reacts to change quickly; it was one of the first industries to move operations to the internet, it was one of the first use cases of Bitcoin. The future of the online gambling market lies in non-volatile betting, low transaction fees, and instantaneous deposits/withdraws.

Where did the name Teehe came from?

The ancient Greek goddess Tyche. The personification of chance or luck, the Fortuna of the Romans, a daughter of Zeus the Liberator.

Adapted to English language and modern demographics.

How does Teehe compare with classic online betting sites and casinos?

Teehe solves a lot of problems that customers experience with classic online betting sites that accept Fiat currency. Gamblers are accustomed to gamble with Fiat, whether USD or Euro. We handle USD without handling Fiat, thanks to NuBits. Moreover, Bitcoin takes role of credit card operator with Teehe as it can be used as mean of money transfer from customer to Teehe or vice versa.

By not using Fiat currency we solve following problems:

  • Money deposit/withdrawal fees

Credit card company will take fee, PayPal/Skrill will take a fee, gambling house will take a fee. Those can reach up to 20 USD on each transfer in any direction. Most of people gamble with less than 50 USD at the time. So they lose up to 50% of their stake just to transfer the money.

  • Money transmission delays

It will take up to two days to get your money to gambling house, even more if you need to withdraw.

  • Fiat to Fiat conversion fees

Most of gambling houses accept Euro/US Dollar. If customer uses another currency, credit card company or PayPal/Skrill will rob you on conversion rate.

  • Easy taxation on behalf of authorities

Authorities ignore small time players. However if you score big win, like 5-10-20k Euro governments will try to tax it. Sometime taking as much as 50%. With Fiat you can not hide this money, with cryptcurrency you can.

  • Total loss of privacy

Your bank, credit card company and goverment can track your activity easily.

  • Seizure of customers funds by bank or credit card company.

This happens sometimes, you can read about it on gambling/betting forums. For no obvious reasons credit card company or PayPal will just take your funds and keep them for months as you try to get it back hopelessly.

What do we solve? All of the above. We handle USD without handling Fiat, thanks to NuBits. We allow customers to bypass classic financial institutions while retaining their habits.

12  Alternate cryptocurrencies / Announcements (Altcoins) / [PPC] Peercoin - Indicium Logo & PeerAssets Diagram Released on: September 23, 2014, 02:17:10 AM

  • What is Peercoin?
  • The Problem With Proof-of-Work Based Digital currencies
  • Why Proof of Stake Makes Peercoin a Superior Alternative
  • Microtransactions & Off-Chain Networks
  • Learn More
  • Community
  • Project Development
  • Wallets & Exchanges
  • Minting & Mining
  • Resources

Peercoin (PPC) is a peer-to-peer, decentralized, digital cryptocurrency. It is a payment network without a single point of control or issuing authority (like the US Federal Reserve). Peercoin relies on cryptography and peer-to-peer networking to validate balances and transactions. It is also the first cryptocurrency to use proof-of-stake technology, an energy efficient solution to securing its network, which was invented by Peercoin's architect, Sunny King.

Bitcoin relies on Mining (Proof-of-Work) to secure its network and validate transactions. Users who mine are rewarded with Bitcoins, thus providing them with an incentive to secure the network. The inherent problem with proof-of-work mining is that it creates a "computational arms race" for more and more powerful hardware dedicated to mining to gain an advantage over others and increase the chances of receiving a reward.

As seen with Bitcoin, this competition shuts out most people from the mining process and pushes control of the network into the hands of those who can afford it. Thus, proof-of work mining has turned Bitcoin from a decentralized network where anyone can participate, into a network that has centralized control into the hands of the few. This is a long term problem for Bitcoin because it increases the risk of a person or entity gaining control of 51% of the mining power, allowing them to attack the network by reversing transactions, blocking confirmations, performing double spends and other attacks which could destroy confidence in Bitcoin. Centralized cryptocurrencies also make easier targets for governments to shut down.

Peercoin was designed by developer and architect Sunny King. Peercoin uses Proof-of-Work solely as a way to distribute coins more fairly, as opposed to an IPO (Initial Public Offering). To maintain the security of the network, Sunny King invented a new mechanism called Proof-of-Stake, which allows people to secure the network using the Peercoins they already hold. While not transacting with your Peercoins, you can hold them in your wallet and engage in a process called "minting," which secures the network and offers you a 1% annual reward. This encourages saving. Proof-of-stake minting is an energy efficient solution to securing the network, meaning that the entire network can be sustained on low-powered hardware, allowing even basic computers to participate. Equal participation is important because it allows Peercoin to remain as decentralized as possible.

The only way for a person or entity to attack the Peercoin network is for them to acquire 51% of the coins that are minting. In practice, attempting to purchase the amount of coins necessary to carry out an attack would drive the price up to astronomical levels, making it counter-productive for an attacker because they would be forced to put their entire investment at risk.

One other major benefit in a proof-of-stake system is that the owners of the network assets (peercoin holders) are also the ones who control the network, as opposed to Bitcoin where there is a disassociation between those who control the network (miners) and those who own its assets (bitcoin holders). In Peercoin these interests are aligned. Peercoin holders are the ones who control the network.

The main strengths of Peercoin are sustainability, increased security (particularly against the "51% attack"), and its economic properties, which allow it to function as a long-term store of value, or "backbone" currency. In technical terms, Peercoin can be expressed as:
  • Proof-of-Stake, a sustainable coin generation model where a 1% annual reward is generated on coins held.
  • Absence of hard limit on total coins in existence, modeling the supply of natural resources such as gold.
  • Presence of 0.01 PPC/kb network transaction fee that is destroyed rather than paid to miners, in order to offset inflation caused by the minting of new coins.
  • Transaction fee also limits casual, micro-sized transactions, making Peercoin's blockchain small and lean, even after almost three years.

As mentioned above, one of the purposes of Peercoin's 0.01 PPC/kb network transaction fee is to eliminate blockchain bloat caused by microtransactions. As a result of microtransactions, Bitcoin's blockchain has grown massively in size, takes days to download and consumes high amounts of hard drive space. By comparison, Peercoin's blockchain remains tiny even after almost three years, the download time is quick and the entire blockchain is small enough to fit on mobile devices. This makes Peercoin more manageable than Bitcoin.

Even though the transaction fee has been a positive for Peercoin so far, many people are concerned with the fee heading into the future because it would seemingly prevent Peercoin from being used as a transactional currency. A major part of the story is missing here though. In an interview dated 10/24/13, Sunny explained Peercoin's design and how it improved upon Bitcoin. Notice the bolded sentence in the quote below:

Quote from: Sunny King
"Both PPC and XPM are designed to last. PPC is designed with energy efficiency, XPM is designed with energy multiuse. Bitcoin has a long term uncertainty as to whether transaction fees can sustain good enough level of security. Before that the main concern is how to balance transaction volume and transaction fee levels. Currently I get the feeling that bitcoin developers favor very low transaction fees and very high transaction volume, to be competitive against centralized systems (paypal, visa, mastercard etc) in terms of transaction volume, to the point of sacrificing decentralization. This also brings major uncertainties to bitcoin's future.

From my point of view, I think the cryptocurrency movement needs at least one 'backbone' currency, or more, that maintains high degree of decentralization, maintains high level of security, but not necessarily providing high volume of transactions. Thinking of savings accounts and gold coins, you don't transact them at high velocity but they form the backbone of the monetary systems.

Pure proof-of-work systems such as bitcoin is not 100% suitable for this task. This is because transaction fee is not a reliable incentive to sustain network security. If the mining generation amount is kept constant (there have been several such attempts in altcoins) it would work better security-wise but then it would also significantly weaken the scarcity property of the currency. XPM's inflation model is designed in such a way that it could serve as backbone currency better than bitcoin if needed, because it could maintain high security reliably for longer, with reasonably good scarcity property as well. Of course that's only from architect's point of view, whether or not it would be chosen by the market is a whole different matter.

PPC is designed to serve even better as a backbone currency. The proof-of-stake technology in PPC is not only energy efficient; it also maintains high level of security without relying on transaction fee. Thus PPC could be safely designed with strong scarcity property yet serving well as backbone currency. Both PPC and XPM use protocol enforced transaction fees, which reflects my preference that high transaction volume is discouraged in favor of serving as backbone currencies.

Right now if we are talking about micropayments in the US$1 range, both PPC and XPM still handle them with much lower overhead than credit card network. In the long term micropayments should be provided by centralized providers, or a less decentralized network optimized for high capacity transaction processing.

On the other hand there is no promise that minimum transaction fee wouldn't be adjusted. If processing capacity of personal computers continues to advance at the current pace, both max block size and minimum transaction fee could very well be adjusted at some point. However I do take a very cautious approach to adjusting transaction fees, as opposed to bitcoin devs. The impact to the fitness of the currency as a backbone currency is of great concerns to me."

A decentralized, censorship resistant blockchain is suitable for safe and secure storage of value, while a centralized or less decentralized off-chain solution is better for transactions due to high performance and low fees. Sunny thus designed Peercoin knowing that such off-chain networks would become important in the future.

One example of an off-chain network is Open Transactions, or OT for short. When implemented, OT will allow any size amount of Peercoin to be transacted instantaneously, enabling Peercoin to retain its ability to be used as a transactional currency, even with the 0.01 PPC/kb fee still in place.

Another advantage is that Peercoin will handle its connection to an off-chain network like OT much better than Bitcoin. Bitcoin miners won't receive the fees from transactions happening within the OT network, which could become problematic for Bitcoin in the future once the block reward lowers. Peercoin on the other hand is perfectly set to handle this potential future due to the low cost of minting.

Peercoin and off-chain networks like OT are perfect for each other. Peercoin provides a decentralized and secure currency while OT provides fast and inexpensive tools to manipulate and exchange Peercoins in everyday life. And Open Transactions is only one example. Peercoin will be able to connect to other high speed off-chain networks as they are developed and released.

As you can see, Peercoin has been carefully designed with the long-term in mind. It was built to last. If you would like to get involved, then please join our community forum at There are many projects being worked on. Together, we are working to build the world's most decentralized and energy efficient cryptocurrency. Come and be a part of something truly revolutionary!

  • - The official Peercoin website.
  • - The official Peercoin forum.
  • - The official chat room for Peercoin.
  • Twitter - Follow Peercoin's Twitter feed for the latest news.
  • Facebook - Get the latest news on Peercoin's Facebook page.
  • Reddit - The official Reddit community for Peercoin.
  • Google+ - Peercoin's Google Plus page.
  • YouTube - Watch helpful videos and tutorials about Peercoin.
  • Telegram - Peercoin chat service on Telegram.
  • IRC Chat - Peercoin chat on Freenode.

  • Video Tutorials - Introductory videos about Peercoin and tutorials.
  • Peercoin Wisdom - A resource for technical information and peer review.
  • Development - Core development and community projects.
  • Media - A collection of articles and interviews about Peercoin.
  • Whitepaper - Peercoin whitepaper by Sunny King.
  • Myths - Counter-arguments for common Peercoin myths.
  • FAQ - Frequently asked questions about Peercoin.
  • Wiki - Peercoin's dedicated wiki on GitHub.

  • PeerAssets - Protocol for issuing and transacting with assets, including features like voting and dividends.
  • PeerKeeper - A thin wallet for minting in browser and mobile phones, with built-in PeerAssets support.
  • Peerbox - Platform for secure minting and running Peercoin nodes.
  • PARS Network - A subnet of the Peercoin network that can mint non-standard transactions without forking the Peercoin.
  • PeerScript Labs - A testing grounds for developers to experiment with scripts and smart contracts on Peercoin.
  • P2TH - Tagging a txn using a publicly known address allows for rapid parsing of the blockchain.

13  Alternate cryptocurrencies / Altcoin Discussion / The Redesigned is now LIVE! on: September 08, 2014, 06:25:39 PM
Hi everyone. For the past couple of months, we've been working on redesigning Peercoin's website. We're currently at a stage in the redesign where we feel what we have is good enough to finally launch, so the website is now LIVE!

We'll continue working on different aspects of the website in the mean time. If you encounter any display issues or have any suggestions, please post them here or open an issue on GitHub:
14  Alternate cryptocurrencies / Altcoin Discussion / "The Real Sunny King" Interview With Let's Talk Bitcoin on: July 21, 2014, 11:26:20 PM
Let's Talk Bitcoin just released a new interview called "The Real Sunny King." There's new info about Sunny and his work in there that I've never heard before. There's also talk of sidechain and data application development for both Peercoin and Primecoin. Check it out...
15  Alternate cryptocurrencies / Altcoin Discussion / The Official Peercoin Video is Now LIVE! on: July 19, 2014, 11:34:39 PM
Hi everyone. We've been working for a while now on our own video for Peercoin. We finally just released it today. You can view it here...

If you'd like to help in adding more translated subtitles, check out the instructions here.

16  Alternate cryptocurrencies / Altcoin Discussion / Peershares Template Demonstration Network (v0.1.0) Released: Windows/Linux/OS X on: June 18, 2014, 05:05:54 AM

Original announcement by Ben on located here.

The Peershares development team is proud to announce the formal release of the Peershares template demonstration network (version 0.1.0)!

What is Peershares?

Peershares are an inexpensive and decentralized ledger to be used by individuals, businesses, and organizations for tracking share ownership and distributing dividends in an automated fashion. Shares can be transferred and held just like other cryptocurrency units, such as peercoins or bitcoins.

Using Peershares, individuals, businesses, or organizations of any size could raise funding through an initial offering without depending on a third party such as a stock exchange. While trading shares through exchanges will be useful to provide liquidity, Peershares can be traded on any number of exchanges just as Peercoins can.

Each business using Peershares will have their own blockchain that is independent of all others. Blockchains can be secured cheaply and easily using Peercoin's proof-of-stake, once the initial (issuer-controlled) quantity of shares have been generated using proof-of-work.

Issuers can distribute dividends as Peercoins, which can then be held by the investors, or if they would prefer, can then take those dividends and convert them to another cryptocurrency or fiat through their preferred exchange. Being distributed, a share issuer is not vulnerable to the failure of single stock exchange.

Most importantly, Peershares are accessible by anyone. The template is open-source, and free to download and customize.

How does it work?

The client binaries in this release are intended to demonstrate the integration of a single Peershares offering's test network with the official Peercoin test network. This version of Peershares (0.1.0) is compatible with version 0.4 of the Peercoin network protocol.

If you intend to use the Peershares template for your own offering, you will need to customize the code and compile your own binaries and establish your own network! If you would like to learn how to do this, please review the setup instructions on the Peershares wiki.

Important! The client binaries included in this release (and all subsequent releases) have had their "RealNet" intentionally disabled. If you do not include the configuration file, peershares.conf, the client will close with an error when you try to launch it.

To connect to the Peershares template test network:

1. Download the Peershares client binary for your operating system.
2. Launch the client; it will quickly fail, but at the same time it will have created the directory where the application's data files will be stored.
3. Create a text file called peershares.conf with the information needed to connect to the testnet. You will need to change the values for rpcuser and rpcpassword to something that only you know. After you've entered the content, save the file.


4. Move the newly created peershares.conf file to the Peershares application data directory. This will be different depending on which operating system you use:
  • For Linux systems: ~/.peershares/
  • For Windows systems: C:\Users\<YOUR_USER_NAME>\AppData\Roaming\Peershares
  • For OS X: ~/Library/Application\ Support/Peershares/
5. Launch the Peershares application. This time, it will connect to the official Testnet and synchronize with the block chain.
6. To receive a distribution of testnet shares, please follow these instructions.

What's next for Peershares?

The Peershares development team is heavily involved in their own implementation (NuBits) built on top of the Peershares framework at this time, so we're limiting our public-facing development on the Peershares project for the near-future. However, because we're actively building on top of the Peershares template, we're always making improvements. These improvements will, in many cases, find their way back into the Peershares template codebase.

We're committed to addressing any issues uncovered by others who use the template, so please do not hesitate to submit reports for anything that you discover.

Peershares Resources

Source Code
Release Binaries

Peershares Wiki
API Documentation
Support Forum
17  Alternate cryptocurrencies / Altcoin Discussion /'s Community Interview With Sunny King #4 (Transcript) on: June 08, 2014, 02:23:43 AM
We just finished up interview #4 with Peercoin/Primecoin developer Sunny King. The full transcript is linked below. The topics that were discussed include cold-locked minting, how Peercoin and Primecoin relate to each other, improving security, removing checkpoints, v0.5, expanding the Peercoin development team, etc...
18  Alternate cryptocurrencies / Altcoin Discussion / Peerunity v0.1.0 Has Just Been Released for Windows, Linux and OS X (FAQ Inside) on: June 03, 2014, 12:01:35 AM

Original announcement by Ben on here:


I'm proud to announce the availability of Peerunity 0.1.0! Binaries for Windows, Linux and OS X (10.7+) are available through the Peerunity project repository on Github.

What is Peerunity?

Peerunity is a Peercoin network-compatible, community-developed wallet client.

The project has been designed to provide people with a stable, secure, and feature-rich alternative to the Peercoin v0.4.0 reference wallet (

What is included in Peerunity?

New Features:
  • Peerunity branded UI (new icons and text and content labels)
  • "Unlock for Minting Only" menu item
  • "Coin Control" functionality
  • createmultisig RPC call added
  • -walletnotify command added

Protocol Bug Fixes:
  • New stakes will be displayed after a successful block mint without having to restart the client.
  • When a proof-of-stake block was minted, the sum of the resulting balance (block reward + stake) was incorrectly being doubled when displayed through the listaccounts RPC call. This was only a display issue and did not affect the GUI or when getbalance was called.
  • In the Options dialog, the mandatory transaction fee description was updated with accurate details about how the Peercoin network fees worked. Previously, the text referred to how the Bitcoin network's fees are processed.
  • Updated compilation instructions for building on OS X (with MacPorts or Homebrew, for 10.8.x or 10.9.x)

Localization Updates:
  • French language translation updates
  • Norwegian language translation updates
  • Chinese (Simplified) language translation updates

What if I run into a problem, or need support?

Please report any issues you encounter through the Peerunity Issue tracker on Github, or, if you don't have a Github account, and don't plan on creating one, create a topic here on on the Peerunity board.
19  Alternate cryptocurrencies / Altcoin Discussion /'s 3rd Community Interview With Sunny King (Transcript) on: May 25, 2014, 05:38:00 PM
Hey everyone, held its 3rd community interview with Peercoin developer Sunny King. The previous interviews were done last year, so it's been a while. In order to finish out the community questions that were submitted, we'll have to do several of these, so keep an eye out in the near future for more. Here is the transcript of interview #3...
20  Alternate cryptocurrencies / Altcoin Discussion / For Any Litecoiners Considering Switching Because of the Recent 51% Scare... on: May 21, 2014, 09:18:16 PM
NOTE: First of all, I'm not interested in getting into a debate or a flame war about this. I'm only posting this because somebody from Litecoin posted this today on our subreddit and I felt there might be more people out there looking for information, so I'm addressing them and only them here. If you don't like what I'm saying here then please just let the thread sink.

Now, if there are anymore Litecoiners who are not interested in being around to see a repeat of the 51% hysteria shown in the following image, maybe you should consider learning about how Peercoin (The #3 Crypto) prevents the centralization of its network. I wanted to provide people that are seriously interested a resource to learn more. It's a conference presentation we designed for speeches and it visualizes many of the concepts we talk about to make it easier to understand. You can check it out here...

Find out how Peercoin prevents the centralization of its network:

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