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Author Topic: PPCoin is the only ALTcoin  (Read 15036 times)
Delicieuxz
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April 11, 2013, 05:07:32 AM
 #101



If SunnyKing reads this - I vote for a name: dCoin. Which can be officially interpreted as digitalCoin.

Naming a coin as simple and descriptive as that would actually probably be a big boon to its ability to catch on and perceived ubiquitousness.

elvisrene
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April 11, 2013, 05:09:52 AM
 #102

dame coin lost me money and its falling harder then a rock people are mining ppc and trc with asic and that is badddd
FreeBit
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April 13, 2013, 08:08:58 AM
 #103

I don't think the fact that ppcoin has a 1% annual return for creating proof of stake blocks makes it not deflationary, it's really no different from bitcoin in that way. First of all, the new coins go to the holders of coins so there still isn't the incentive to spend that inflation normally creates. If an apple is $1 today and will be $1.01 tomorrow, but my $1 will turn itself into $1.01 by tomorrow, then I'm in no hurry to buy that apple today. Second, ppcoin would have max 1% money supply growth long term (probably less since not all coins make stake) and you'd still have deflation with that I believe. The money supply for fiat currencies grows a lot faster than that over time.

I would not invest in a stock notated in bitcoin, that operates in the real/non-cryptocurrency world. Because the expected growth of the buying value of bitcoin exceeds every realistic possible earning growth of any imaginable real world business including drug, weapon or sexslave trade.

Which means, that the a bitcoin notated stock will always lose value, calculated in bitcoin. Which gives not to invest the higher EV. You can watch this on bctc.co. Maybe stocks operating only in the bitcoin economy like mining or crypto currency trading are an exception.

It had a reason, why the German Central Bank (Deutsche Bundesbank) in former decades, when they were much more indepedent from politics and really concerned about german economy (like a doctor acting in the sense of Hippocrates), came to the conclusion, that a currency with a slight inflation is the best for economic growth and strength. Maybe there are even better concepts about this (deflation, american economy in the late 19th centrury), but the success of german economy in former decades prove them more or less right.

And again, I strongly vote for a name change to dCoin. Or something without "coin", that sounds like strategic metall, similar to "Tantalum", "Tungsten" or "Aurum". No idea n this direction, yet. The name Peer-To-Peer-Coin comes from a technical angle, which is -  as Sunny King is an excellent engineer - a totally natural choice. But most people do not think functional in logic terms. They think associative and emotional and will not accept this name, because they think of pee-pee.

I looked into the dictonary for "pee-pee". In the sense suggested there (dict.leo.org) even CockCoin would be better. Good to know the meaning of pee-pee, I associated it with the german word "pipi", which is the word children and childish people use for urine.




romerun
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April 13, 2013, 04:20:44 PM
 #104

it's going to start with "P" coz the address starts with P
mr_random
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April 13, 2013, 04:27:47 PM
 #105


I looked into the dictonary for "pee-pee". In the sense suggested there (dict.leo.org) even CockCoin would be better. Good to know the meaning of pee-pee, I associated it with the german word "pipi", which is the word children and childish people use for urine.


The Nintendo Wii (pronounced wee, as in urine) has been a spectacular success selling 10's of millions of units despite it's name.

▄▄███████▄▄
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.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Psybin
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April 14, 2013, 07:55:04 AM
 #106

I honestly never thought "pee pee" when looking at PPCoin til now.  Thanks guys!  Since PPC addresses start with P, I agree we should keep the P.  I also like P2Coin (and dCoin but not with what I just said; a new cryptocurrency could use that).  That might be easier for the general population to accept than PPCoin or P2PCoin and it has the "coolness" factor like W3 does.

What about ICUPCoin?  Wink
FreeBit
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April 14, 2013, 04:29:34 PM
 #107

...  I agree we should keep the P.  ...

I don't think that this is a question of we or us. Sunny King is the one in charge.
Psybin
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April 14, 2013, 10:38:23 PM
 #108

...  I agree we should keep the P.  ...

I don't think that this is a question of we or us. Sunny King is the one in charge.

You're right, but we can still call it whatever we want.  Maybe enough of us might convince him to change it, if we even want him to.  I'm just sharing my thoughts on it. ;p
dust
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April 14, 2013, 11:15:44 PM
 #109

it's going to start with "P" coz the address starts with P
What about Peercoin (PRC)?

Cryptocoin Mining Info | OTC | PGP | Twitter | freenode: dust-otc | BTC: 1F6fV4U2xnpAuKtmQD6BWpK3EuRosKzF8U
James Bond
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April 14, 2013, 11:23:00 PM
 #110

it's going to start with "P" coz the address starts with P
What about Peercoin (PRC)?

Pretty damn good. I own P2PCoin.org if anyone wants to put it to good use.
FreeBit
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April 15, 2013, 02:06:26 AM
 #111

it's going to start with "P" coz the address starts with P
What about Peercoin (PRC)?

I had the same idea. But why "PRC" instead of "PC"?
sangaman
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April 15, 2013, 04:01:03 AM
 #112

Peercoin is a solid name and doesn't stray much from PPcoin. PRC because it has 3 letters, same convention as other coins (bitcoin isn't BC after all).

Speaking for myself, I'd buy more coins if they were called peercoins.
WSwatch
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April 15, 2013, 04:36:18 AM
 #113

PPCoin getting some coverage (along with Litecoin & Bitcoin) in a recent article in the MIT Technology Review:

http://www.technologyreview.com/news/513661/bitcoin-isnt-the-only-cryptocurrency-in-town/
Sunny King
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April 15, 2013, 05:20:50 AM
 #114

PPCoin getting some coverage (along with Litecoin & Bitcoin) in a recent article in the MIT Technology Review:

http://www.technologyreview.com/news/513661/bitcoin-isnt-the-only-cryptocurrency-in-town/

Yes Tom has emailed me a short interview last week. Didn't expect it come out this fast. Yay!
Guido
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April 24, 2013, 11:32:48 PM
 #115

it's going to start with "P" coz the address starts with P

I read in another thread sunny has no interest in changing name
also would cause problems with the 'stock tickers' on sites and in past articles and threads

tbh 'pp' logo has done no harm to paypal!
it's short and easy to remember

having said all that, peercoin is a great name
but ideally if name was changed how about peoplecoin?
2 p's in that!
could be the coin of the people
more coins, cheaper, low energy

I also think, which may be contrary to what many here think, that psychologically
bitcoin wont go to the moon in price becuase it has to win over the public at large, and paying say $500 for a coin
is too much of a mindf*ck
also if you're buying a tshirt or whatever off someone online and costs $3 you can easily send 0.00001 say and miss a nought and pay 10 times too much!

too few coins was one of the big 'mistakes' in the grand design of bitcoin, but of course i guess they never dreamed would get even this far

i really like ppcoin though

btc,ltc,ppc only 3 worth considering just in my limited experience and reading

I am Bonkers BTW
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digicoin
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April 30, 2013, 05:39:27 PM
 #116

Agreed that PPCoin does not have a nice name. But at least it is really an altcoin because of new values it brings up.
OneMoreHuman
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October 15, 2013, 10:47:48 PM
 #117

I'm going to jump into this old thread and see if anybody cares about what I have to say.

I think y'all are right about how important POS is to the future of cryptocurrency. I do not touch POW coins anymore.

I wanted to help tip everyone off about YACoin (Yet Another Coin). Maybe most of you already know about it, but it seems to me like it is the best cryptocurrency invented so far. Not only does it include the advancements made by Balthazar on NVC; it also includes a new hashing algorithm (called scrypt-jane) that changes its memory requirements over time, which ensures that only CPU's will really be able to mine it. As a result, it is distributed very well.

Unfortunately, it looks like interest in YAC dwindled once its first bubble popped. However, I think it has fantastic long-term potential until something better comes along.

Anyway, just thought I'd throw in my 2 bitcents.
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