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Author Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency  (Read 650276 times)
irritant
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November 15, 2017, 12:16:32 AM
 #2161

Hi all can anyone inform me how many coins for a weekly stake at this moment, give or take ...

Cheers

Hi there,  for a weekly stake I think we're talking tens of thousands ppc on the wallet. May be 20k? I think so at least,  if anyone has got better estimations please feel free to add.

http://poscalculator.peercointalk.org/
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November 17, 2017, 02:55:05 AM
 #2162

Free Price Alert of Peercoin on BitScreener: https://bitscreener.com/coins/peercoin/price_alert

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November 17, 2017, 06:36:58 AM
 #2163

How much is hard cap?
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November 17, 2017, 08:15:19 AM
 #2164

How much is hard cap?

There is no hard cap. It is a hybrid PoW/PoS network, the first of its kind. PoS is 1% every year and PoW block rewards are dynamic. If hashing power put toward the network goes up, the reward goes down. PoW inflation has been trending downward over the past several years now.
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November 17, 2017, 11:53:51 AM
 #2165

Hi all can anyone inform me how many coins for a weekly stake at this moment, give or take ...

Cheers

Hi there,  for a weekly stake I think we're talking tens of thousands ppc on the wallet. May be 20k? I think so at least,  if anyone has got better estimations please feel free to add.

http://poscalculator.peercointalk.org/

Ok, I checked that out, and I am wondering how often you will receive PPC. Say, I am staking 100 coins, and it has been 30 days will I receive a fraction of PPC or will I have to wait till the end of the year to receive my roughly estimated 1 PPC?

you can receive fractions of PPC
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November 17, 2017, 08:01:02 PM
 #2166

Peerbox has now been updated to v0.6.1. Upgrade instructions here...

https://talk.peercoin.net/t/how-to-peerbox-support-thread-updated-to-v0-6-1/3827/174

Quote from: peerchemist
v0.6.1 is package is now in the repository.

To upgrade:

sudo apt update

sudo apt remove ppcoin

Now follow same upgrade instructions as desktop Peercoin release: https://medium.com/@PeercoinPulse/peercoin-v0-6-release-2831fb4394ad

(cleaning the old blockchain data)

reinstall:

sudo apt install peerbox

Fresh install is easy, business as usual.

I will repair bugs if there are some, but please note that this is last Peerbox update. I urge someone to take over the development, I simply no longer have spare time to do maintenance and introduce new features.
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November 18, 2017, 12:22:17 PM
 #2167

hi

How much is your Max Supply?
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November 18, 2017, 01:06:29 PM
 #2168

Before Peercoin's been following litecoin why now everything has changed who knows?

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November 19, 2017, 12:45:54 PM
 #2169

Before Peercoin's been following litecoin why now everything has changed who knows?

I guess it has to do with two factors:

- Litecoin has sucessfully "rebranded" as the first larger cryptocurrency that activated Segwit and is implementing the Lightning Network. Analyzing their price charts you can clearly see the impact of this decision.
- Peercoin had a loooooooong time without substantial updates. Even the new 0.6+ version is still based on the olde 0.8 code, but it's a significant improvement and developers - as far as I know, I asked in the Peercointalk forum - are now preparing to update the code to a really modern Bitcoin version.

So if you asked me - PPC may have bottomed now, and may be an opportunity (Disclaimer: I hold a few Peercoins).


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November 19, 2017, 06:41:50 PM
 #2170

The difficulty is rising on peercoin over the last week up,about 20 percent
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November 20, 2017, 02:01:02 PM
 #2171

Me and my uncle bought about 40 PPC at $1 each. Plan to hold them long term, felt it was a good investment because it is the first POS coin, im amazed its not gone up before now to be honest.
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November 20, 2017, 03:29:21 PM
 #2172

peerchemistPeercoin Project Leader1d
Time to remake peercoin.net, let me know if you are interested with link to your portfolio.

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November 20, 2017, 05:35:00 PM
 #2173

Peercoin Update #8: The Peercoin Team outlines protocol changes that will enable cold minting, a way for proof of stake blocks to be securely minted offline from cold storage, helping to drastically expand the number and participation of minters, increasing network security...

https://medium.com/@PeercoinPulse/a-path-to-cold-minting-252acd310e82

We'd appreciate comments from the community.

Forum Post: https://talk.peercoin.net/t/update-8-a-path-to-cold-minting-a-way-for-proof-of-stake-blocks-to-be-securely-minted-offline-from-cold-storage-expanding-the-participation-of-minters-increasing-network-security/6465

Twitter: https://twitter.com/PeercoinPPC/status/932660836862189569

Reddit: https://www.reddit.com/r/CryptoCurrency/comments/7ea6en/a_path_to_cold_minting_a_way_for_proof_of_stake/
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November 20, 2017, 06:16:39 PM
 #2174

That are awesome news! I'm waiting for cold minting for years ...

Time to come back to Peercointalk? Wink

I've superficially read the Medium article and so far it seems a good proposal, will re-read it later because I've still not entirely understood some of the technical details.

A maybe controversial comment: I'm for the abolition of the concept of coin-days entirely. That would, obviously, mean to follow the path that NXT and Peercoin clones like Blackcoin have taken, and for some may mean "throwing basic Peercoin principles". But afaik research on this topic, by various parties, has shown that coin-days is doing more harm than it is protecting the chain - because attackers, with this mechanism, can always accumulate more power with less stake and once they've accumulated enough power to be near an attack, can only be stopped with immense amounts of "staking coins".

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November 20, 2017, 06:56:24 PM
 #2175

A maybe controversial comment: I'm for the abolition of the concept of coin-days entirely. That would, obviously, mean to follow the path that NXT and Peercoin clones like Blackcoin have taken, and for some may mean "throwing basic Peercoin principles". But afaik research on this topic, by various parties, has shown that coin-days is doing more harm than it is protecting the chain - because attackers, with this mechanism, can always accumulate more power with less stake and once they've accumulated enough power to be near an attack, can only be stopped with immense amounts of "staking coins".

The chainweight in Peercoin's security model was switched from coindays to PoS difficulty some time ago, coindays are only used to determine the mint reward.  So your concerns have already been accounted for in Peercoin.
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November 20, 2017, 07:59:41 PM
 #2176

The chainweight in Peercoin's security model was switched from coindays to PoS difficulty some time ago, coindays are only used to determine the mint reward.  So your concerns have already been accounted for in Peercoin.

Ah, ok, thanks for the information!

In this case, I think Peercoin - with the cold minting feature - would be fully prepared for the abolition of the centrally broadcasted checkpoints.

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November 20, 2017, 08:44:37 PM
 #2177

centrally broadcasted checkpoints.

Checkpoints were made optional via an easily accessible checkbox in v0.6.  Developers still believe checkpoints have value as a voluntary option, especially if we do something like multisig checkpoints in the future.  Turning this feature off is currently as easy as unchecking a box in settings>options.
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November 22, 2017, 05:27:22 PM
 #2178

excellent projet .. je vais voir si je peut investir dans ce ico cette année j'ai investit dans beaucoup de ico pourquoi pas celui la  Wink

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November 22, 2017, 11:09:02 PM
 #2179

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November 23, 2017, 03:40:07 AM
 #2180

Checkpoints were made optional via an easily accessible checkbox in v0.6.  Developers still believe checkpoints have value as a voluntary option, especially if we do something like multisig checkpoints in the future.  Turning this feature off is currently as easy as unchecking a box in settings>options.
Yep, I knew that. However, even if some nodes disable the centrally broadcasted checkpoints, some will still follow them - and that converts them, in theory, in a vulnerability (it's not that the checkpoint key owner had to be an attacker, but it could be the case that his checkpoint server gets "lured" into an attack chain by an attacker), above all, if the checkpoint option is used by nodes that are minting.

I would prefer a rolling checkpoint scheme like in NXT and many other PoS cryptocoins. Or even Vitalik's exponential subjective scoring.

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