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Author Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency  (Read 647862 times)
mc_lovin
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June 05, 2014, 09:41:34 PM
 #1721

Thread title should probably say "Peercoin" nowadays..

Also maybe a summary blob on top of the original OP?

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June 06, 2014, 04:10:26 AM
 #1722

Yeah that I understand, however, that does not answer my question. How is Peercoin energy-efficient if it will infinitely continue to be produced by PoW with the hashrate predictibly growing at the same rate as BTC's?

This is how


It's energy efficient if energy consumption per unit of economy is low. POS coins minted with little energy will dominate PPC economy.

BTC 1HxvAEC4nj37hyenz9DwsyrMMnkwzpbzno PPC PU6zS8RRBWP2UxhuRFengGsu8n4tEYB5xV XPM AJAgBpPjGQoL38mrtW91dVqhbMHqu25vfG
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June 08, 2014, 11:58:42 PM
 #1723

         
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start the art
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June 10, 2014, 06:50:32 PM
 #1724

delete

mhps
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June 11, 2014, 12:39:46 AM
 #1725

Peercoin paintings are now available but just 2 items were made so far, testing if there is any interest.

Nice! Why not post in  http://www.peercointalk.org ?

BTC 1HxvAEC4nj37hyenz9DwsyrMMnkwzpbzno PPC PU6zS8RRBWP2UxhuRFengGsu8n4tEYB5xV XPM AJAgBpPjGQoL38mrtW91dVqhbMHqu25vfG
FiniteByDesign
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June 14, 2014, 10:30:40 AM
 #1726

Hello PPC community!

Finite By Design LLC has a limited batch of 50 PPC Proofs, each minted of 1 troy ounce of .999 fine silver. Each proof comes with:
  • Associated address and private key hidden behind a hologram on the reverse side
  • Protective plastic capsule enclosing the proof itself
  • Custom stamped leatherette presentation case
  • Custom stamped paper sleeve for the leatherette
  • Certificate of Authenticity identifying each proof as one of the limited batch of 50



We are running a $100 per proof June special which is applicable to each of our 7 lines of proofs.
  • '1/10th Bitcoin'
  • '1 Litecoin'
  • '10 Namecoins'
  • '10 Peercoins'
  • '10 Peercoins' with 24K gold highlights
  • '11 Primecoins'
  • '10 Cryptogenic Bullion' Bars



Also on June 19th our 2 lines of DOGE coins (100 made out of nickel and 100 made out of copper) will be arriving! Each DOGE proof comes with an unattached hologram so the customer can add their own private key and fund the piece should they so desire. Pricing is $30 for singles or $250 for 10.


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June 15, 2014, 04:08:01 PM
 #1727

Second Market apparently registered the domain name Peercointrust.co
http://who.is/whois/peercointrust.co

Original post on Reddit: http://www.reddit.com/r/peercoin/comments/2875iz/second_market_is_preparing_a_peercoin_trust/

Jordon_RapidCX
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June 18, 2014, 07:02:11 PM
 #1728

Peercoin has been added to our exchange!

It can be found here: https://www.rapidcx.com/exchange/ppcoin

Happy Trading!
Jordon Norris
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Rapid CX

Rapid CX: Exchange Faster. Safer. Better.
marquix
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June 21, 2014, 04:15:59 PM
 #1729

Hello PPC community!

Finite By Design LLC has a limited batch of 50 PPC Proofs, each minted of 1 troy ounce of .999 fine silver. Each proof comes with:
  • Associated address and private key hidden behind a hologram on the reverse side
  • Protective plastic capsule enclosing the proof itself
  • Custom stamped leatherette presentation case
  • Custom stamped paper sleeve for the leatherette
  • Certificate of Authenticity identifying each proof as one of the limited batch of 50



We are running a $100 per proof June special which is applicable to each of our 7 lines of proofs.
  • '1/10th Bitcoin'
  • '1 Litecoin'
  • '10 Namecoins'
  • '10 Peercoins'
  • '10 Peercoins' with 24K gold highlights
  • '11 Primecoins'
  • '10 Cryptogenic Bullion' Bars



Also on June 19th our 2 lines of DOGE coins (100 made out of nickel and 100 made out of copper) will be arriving! Each DOGE proof comes with an unattached hologram so the customer can add their own private key and fund the piece should they so desire. Pricing is $30 for singles or $250 for 10.


The neat thing about these "bullion coins" having a face value (albeit in a Crypto currency each) is that you could move even larger quantities across a border -- PROVIDED the country for that border is one that treats Crypto coins like "foreign currency".

I know that United Kingdom does (for most purposes, including VAT).

So in theory, that means you could move £12,000 (or €9,999 for France and similar places) through customs legally without filing a declaration. This has been done with silver Philharmonics, Maple Leafs, American Eagles etc across the Austrian border into Germany all the time (but note that those have face value in "legal tender", in that case euros). Also note, that this only works when Bitcoin, Peercoin etc are treated equivalent to "foreign currency" (as in the UK example, above).

Thought it would be fun to note this (even though I am aware that £12K worth of these aren't even in existence), or it might be helpful for someone out there for some reason as Crypto coiners are known to be well-informed.

Bitcoin, Alt coin news, Peer-to-Peer economy articles, financial innovation with Crypto technologies on http://www.bitcoinFinancial.info/bitcoin-business/.
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June 21, 2014, 04:24:39 PM
 #1730

Yeah that I understand, however, that does not answer my question. How is Peercoin energy-efficient if it will infinitely continue to be produced by PoW with the hashrate predictibly growing at the same rate as BTC's?

This is how


It's energy efficient if energy consumption per unit of economy is low. POS coins minted with little energy will dominate PPC economy.

-->> The reason for all this to actually be **energy-efficient** is that transactions have to be cleared ANYWAY for (any) coin networks to be operational. When "minting" peercoins, you are also "giving" your CPU power to the network in order to clear other peoples' Peercoin transactions out there.

This makes it more energy-efficient than both Bitcoin AND also plastic card transactions in fiat currencies (where EXTRA power is needed to process credit card transactions at the Point of Sale or over the phone or, back in the day, manually when reading in paper payslips etc; on top of the whopping energy need for fraud prevention amounting to **41% of credit card operators' profits**, for policing the dollar or pound etc, issuing and destroying currency bills and coins as well as the coffee makers of Fed bureaucrats, to name just a few)...

Bitcoin, Alt coin news, Peer-to-Peer economy articles, financial innovation with Crypto technologies on http://www.bitcoinFinancial.info/bitcoin-business/.
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June 30, 2014, 01:42:12 AM
 #1731

Hello PPCoin Community!

We've just released PocketCrypto, a new Cryptocurrency Management App that will allow you to easily manage your PPCoin investment.  Hope you guys will check out the app and Good Luck to All!

We currently support all coins on Mintpal, Cryptsy, and Bittrex. Polo will be added soon.



Pro Version (super awesome!) (no ads) (earlier updates)(no coin limit) (just because you love us Cheesy)



Free Version (still awesome!)(10 coin limit)


Please check out our main post for additional info, Thanks!
https://bitcointalk.org/index.php?topic=660696.0

Blockfolio  ~Bitcoin/Altcoin Portfolio App~ Charts & Price Alerts BCT thread
Download Now: Blockfolio App Twitter: @BlockfolioApp
lalakies23
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July 21, 2014, 05:16:08 AM
 #1732

The Peercoin video is here!!!!

http://www.whatispeercoin.com/

https://www.youtube.com/watch?v=7tra0vmparI
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July 25, 2014, 02:39:25 PM
 #1733

I cannot seem to find an answer to this question.

Once you receive PPC into your wallet, you leave it open 24/7 and do not move those coins. How soon do you start getting dividends or known as minting?

3 days / 30 days? / 1 Year?

lynn_402
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July 25, 2014, 02:50:12 PM
 #1734

I cannot seem to find an answer to this question.

Once you receive PPC into your wallet, you leave it open 24/7 and do not move those coins. How soon do you start getting dividends or known as minting?

3 days / 30 days? / 1 Year?

The coins have accumulated enough coin-age to start minting after 30 days. Before that, there's no reason to leave the wallet open.

The longer the coins have been kept in wallet, the more chances you have of finding a block. The maximum coin age is one year; if you leave the wallet open (and unlocked for minting) in the few days before it has been a year, you are very likely of finding a block.

learnmore
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July 25, 2014, 03:05:40 PM
 #1735

Coins are able to be used for minting after only 30 days, but the actual time it takes to be rewarded for a proof-of-stake block varies based on the total coin-age and the number of other people currently minting.  Regardless of how long it takes, however, you will eventually receive a reward equivalent to ~1% per annum.

There are several detailed discussions of how Peercoin minting works over at the Peercoin forum including this Minting Guide: http://www.peercointalk.org/index.php?topic=2982.msg29805#msg29805

Also, an online calculator has been developed to help estimate the probability of minting a block with a certain set of coins over a certain time period: http://peercoincalculator.info

Good luck finding your first POS block!
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July 28, 2014, 07:40:25 PM
 #1736

Crap, PPC seems like a dead coin. And i who bought 4000 when the price was 2 dollars.

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July 29, 2014, 03:23:20 AM
 #1737

Crap, PPC seems like a dead coin. And i who bought 4000 when the price was 2 dollars.

Why do you say it's a dead coin? It's very stable in value...hasn't been pumped and dumped...well maybe a little pumped!  Wink

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Hate Inflation? You'll love $UNO
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July 29, 2014, 10:58:24 AM
 #1738

thanks learnmore and lynn_402

BTW: To the guy that thinks PPC is dead, look up Peershares.. There are some fresh ideas getting put in place for uses with PPC.

thedarksun
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July 29, 2014, 08:19:01 PM
 #1739

Crap, PPC seems like a dead coin. And i who bought 4000 when the price was 2 dollars.

Why do you say it's a dead coin? It's very stable in value...hasn't been pumped and dumped...well maybe a little pumped!  Wink

It's at 1 dollar. Virtually all money are being sucked out of it.

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July 30, 2014, 10:37:30 AM
 #1740

Crap, PPC seems like a dead coin. And i who bought 4000 when the price was 2 dollars.

Why do you say it's a dead coin? It's very stable in value...hasn't been pumped and dumped...well maybe a little pumped!  Wink

It's at 1 dollar. Virtually all money are being sucked out of it.

The majority of altcoins are far under a dollar, does that mean the are dead as well?

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