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xchrix
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December 05, 2012, 07:41:29 PM |
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I still don't fully understand ppcoin.
Maybe it would help if someone explained this tx to me.
Upgrading to a v0.2.2 gui should show it properly as a 'mint by stake' transaction. is it possible to also see this with the daemon "getinfo" or something else? i am developing an web gui for all kinds of cryptocoins as using the RPC api calls for interaction... |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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crazyearner
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Activity: 1820
Merit: 1001
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December 06, 2012, 04:02:19 AM |
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where can i mine ppc as coinotran is not working
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Sunny King (OP)
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Activity: 1205
Merit: 1010
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December 06, 2012, 04:14:59 AM |
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is it possible to also see this with the daemon "getinfo" or something else? i am developing an web gui for all kinds of cryptocoins as using the RPC api calls for interaction...
getinfo does not deal with specific transactions. Relevant commands would be 'listtransactions', 'gettransaction' and 'getblock'. Although currently it is still a bit tricky if you want to know whether a given transaction is a stake transaction from only these commands. |
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Nolo
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December 06, 2012, 06:53:47 AM |
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where can i mine ppc as coinotran is not working
What problem are you having with coinotron? It is working just fine for me. |
Charlie Kelly: I'm pleading the 5th. The Attorney: I would advise you do that. Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor? The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
19GpqFsNGP8jS941YYZZjmCSrHwvX3QjiC
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crazyearner
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Activity: 1820
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December 06, 2012, 11:42:51 PM |
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where can i mine ppc as coinotran is not working
What problem are you having with coinotron? It is working just fine for me. no connection to the PPC or ltc pools connection refused and when btc coins no problems |
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coinotron
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Activity: 1182
Merit: 1000
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December 07, 2012, 09:34:40 AM |
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no connection to the PPC or ltc pools connection refused and when btc coins no problems
Did you change worker type to "PPC"? ( "My Account" page ) |
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dreamwatcher
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Activity: 1064
Merit: 1000
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December 07, 2012, 06:19:55 PM |
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Sunny,
Any chance of BIP 22 functionality in the next release?
It would be nice to use eloipool for the PPC portion of the mining pool I am working to bring online.
If it is not going to happen, just let me know, so I can start working on an older piece of pool software for the PPC section.
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EskimoBob
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Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
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December 07, 2012, 07:17:53 PM |
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where can i mine ppc as coinotran is not working
What problem are you having with coinotron? It is working just fine for me. no connection to the PPC or ltc pools connection refused and when btc coins no problems ppcpool.bitparking.com ? and guess what: https://github.com/ppcoin/ppcoin/wiki/List-of-services-on-market  Cheers! |
While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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Sunny King (OP)
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Activity: 1205
Merit: 1010
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December 07, 2012, 08:00:31 PM |
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Sunny,
Any chance of BIP 22 functionality in the next release?
It would be nice to use eloipool for the PPC portion of the mining pool I am working to bring online.
If it is not going to happen, just let me know, so I can start working on an older piece of pool software for the PPC section.
Bitcoin 0.7 features would be supported in a future update release, but is still at least a couple months away I estimate. If you need the pool running soon then maybe need to patch ppcoind, or use your older code for now. Good luck! |
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dreamwatcher
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Activity: 1064
Merit: 1000
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December 15, 2012, 08:22:18 PM |
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HAPPY 20,000 BLOCKS PPCOIN |
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420
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December 15, 2012, 09:47:09 PM |
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why are there over 14 million ppc coins? (more than btc all time) in just a few months?
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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smoothie
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Activity: 2436
Merit: 1449
KIZEKRA COMICS & LEALANA Silver Monero
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December 15, 2012, 09:49:34 PM |
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why are there over 14 million ppc coins? (more than btc all time) in just a few months?
LTC had about 5 million LTC in the first 3 months. It's just a number. |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA PHYSICAL MONERO COINS 999 FINE SILVER.
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dreamwatcher
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December 15, 2012, 10:28:52 PM |
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why are there over 14 million ppc coins? (more than btc all time) in just a few months?
POW rewards are different from BTC. POW rewards have been between ~700 to ~2000 coins vs. BTC straight 50 coins (Now 25 coins) per block. If you look at the straight list of of blocks http://www.cryptocoinexplorer.com:2750/chain/PPcoinYou will see the vast majority of blocks are now POS which produce MUCH smaller coin-base transactions. Initially all the the blocks were POW but as PPC becomes the POS based coin it was meant to be , coin generation drops substantially. |
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420
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December 15, 2012, 10:40:41 PM |
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proof of stake doesn't that reward the people that started in the coin early on
why is that needed if an increase in value due to increase in demand of the currency would reward early starters
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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doublec
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Activity: 1078
Merit: 1005
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December 15, 2012, 11:43:34 PM |
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proof of stake doesn't that reward the people that started in the coin early on
The theory is people holding lots of coins would want the coin to be secure. By participating in proof of stake they secure the network in proportion to the number of coins they hold. They're not being rewarded for being early adopters. They're being rewarded for protecting the network. The actual reward is minimal though. Nothing like proof of work block rewards. |
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smoothie
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Activity: 2436
Merit: 1449
KIZEKRA COMICS & LEALANA Silver Monero
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December 15, 2012, 11:59:32 PM |
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proof of stake doesn't that reward the people that started in the coin early on
The theory is people holding lots of coins would want the coin to be secure. By participating in proof of stake they secure the network in proportion to the number of coins they hold. They're not being rewarded for being early adopters. They're being rewarded for protecting the network. The actual reward is minimal though. Nothing like proof of work block rewards. Other rewards could possibly be price increases. But then again we all know that no one knows the future. |
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²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`
²²²
███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA PHYSICAL MONERO COINS 999 FINE SILVER.
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420
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December 16, 2012, 12:01:30 AM |
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So is it safe to say ppcoin differs from bitcoin more significantly than solidcoin?
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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doublec
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December 16, 2012, 12:08:58 AM |
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So is it safe to say ppcoin differs from bitcoin more significantly than solidcoin?
Yes. I think it's the most different alt coin that's come out since namecoin. It doesn't appear to be getting much use outside of speculation though. |
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420
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December 16, 2012, 12:27:02 AM |
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So is it safe to say ppcoin differs from bitcoin more significantly than solidcoin?
Yes. I think it's the most different alt coin that's come out since namecoin. It doesn't appear to be getting much use outside of speculation though. some use... anyone explain the benefits and detriments to LTC vs PPC over bitocin? |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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cunicula
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Activity: 1050
Merit: 1003
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December 16, 2012, 03:22:49 AM |
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So is it safe to say ppcoin differs from bitcoin more significantly than solidcoin?
Yes. I think it's the most different alt coin that's come out since namecoin. It doesn't appear to be getting much use outside of speculation though. some use... anyone explain the benefits and detriments to LTC vs PPC over bitocin? Bitcoin and Litecoin will eventually require significant fees in order to make up for the fall in block reward. The size of these fees is debatable. I think fees similar to those charged by paypal is a reasonable estimate. Secondly, these blockchains are likely to become completely centralized in the future. This is just a property of the economics behind proof-of-work. PPC could operate indefinitely without any significant fee payment. Fees in PPC are soley there to discourage spam. They do not contribute to security. In BTC / LTC, fees are necessary for security. The fees necessary for security are probably a couple orders of magnitude larger than those necessary to discourage spam. On the other hand PPC's security model has not been adequately tested or adequately explained. I am not sure whether PPC is currently secure or not. However, if anything PPC should become more secure over time, rather than less secure. PPC is much less likely to become fully centralized for economic reasons. PPC currently uses very frequent checkpoints, whereas bitcoin uses very rare checkpoints. Frequent checkpoints are a major downside. I would say that LTC, PPC, and bitcoin all have significant failings. |
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