[ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency

[Jutarul]

Are there any exchanges? i want to exchange all my BTC to PPC, with this new bitcoin replacement bitcoin seems of the long past and has no future.

I doubt it. But if you want to get rid of your BTC for PPC send me a PM including an offer.

[foggyb]

I observed a small difficulty drop today. I suppose some miners dropped out because of the difficulty.

[foggyb]

Are there any exchanges? i want to exchange all my BTC to PPC, with this new bitcoin replacement bitcoin seems of the long past and has no future.

Quoted for hilarity in the future.

You won't be laughing when you are forced to sell 10 of your scam-coins for 1 ppc to avoid shame and humiliation. 

[Bitcoin Oz]

Are there any exchanges? i want to exchange all my BTC to PPC, with this new bitcoin replacement bitcoin seems of the long past and has no future.

Quoted for hilarity in the future.

You won't be laughing when you are forced to sell 10 of your scam-coins for 1 ppc to avoid shame and humiliation. 

Is ppcoin ready for bitcoins collapse? 

[FuzzyBear]

I've added a section here http://ppcointalk.org/index.php?q=forum/10 where people can make offers to buy and sell PPCoins.

I am looking into setting up an exchange also

[NothinG]

I've added a section here http://ppcointalk.org/index.php?q=forum/10 where people can make offers to buy and sell PPCoins.

I am looking into setting up an exchange also

Might want to hurry
I was planning on setting one up once I got the pool a bit more stable.

[Sunny King]

Update:

Public testnet would be available with the release of v0.2, mostly likely due by this weekend depending on the progress of testing.

Once testnet is available, you can play on it to see how proof-of-stake work as testnet has 1 day minimum stake age requirement instead of 30 days on the ppcoin network.

[Transisto]

Update:

Public testnet would be available with the release of v0.2, mostly likely due by this weekend depending on the progress of testing.

Once testnet is available, you can play on it to see how proof-of-stake work as testnet has 1 day minimum stake age requirement instead of 30 days on the ppcoin network.

If this change is beneficial can it be implemented in the v0.1 chain without a reboot ?

[NothinG]

How would I go about setting up my coins to do the "30 day stake"?

[Sunny King]

To clarify, there will be no block chain restart for v0.2 release. All your wallet/coins remain valid.
v0.2 upgrade would require redownload of block chain though. This operation requires a backup of current wallet (ppcoind backupwallet <destination_backup_filename>), shutting down ppcoind and removing all files in wallet directory except for the wallet.dat and ppcoin.conf files. After upgrade all your coins and transactions should remain valid and just the same as before the upgrade.

As we promised before, we will do our best to avoid block chain restart. If severe flaws are discovered and such actions are considered, we would notify and consult with the community first. Generally speaking, if a block chain impacting issue is found and some existing blocks must be declared invalid, a partial block chain rollback is always preferred over full block chain restart to reduce damage to our users. But in any case, we will try to avoid these type of scenario to the best of our abilities.

Best Regards,

[Sunny King]

How would I go about setting up my coins to do the "30 day stake"?

No need to set up anything. The stake minter is active always and will mint proof-of-stake blocks automatically for you. See our wiki FAQ for more explanations.

[Vorksholk]

Perhaps I'm looking at this wrong, but it seems as if Proof-Of-Stake combined with Proof-Of-Work will do some very interesting things for big pools, allowing big pools to give over 100% PPS based on stake earnings too, or earnings based on the coins left in a person's account until they withdraw, or something of the like. From what I understand, when proof-of-stake begins to be implemented, people with many coins will get more coins based off of their stake or holding, which would seem to have an adverse (not necessarily good or bad, just big) effect on the functioning of pools and payout schemes.

Very interested...

[NothinG]

Perhaps I'm looking at this wrong, but it seems as if Proof-Of-Stake combined with Proof-Of-Work will do some very interesting things for big pools, allowing big pools to give over 100% PPS based on stake earnings too, or earnings based on the coins left in a person's account until they withdraw, or something of the like. From what I understand, when proof-of-stake begins to be implemented, people with many coins will get more coins based off of their stake or holding, which would seem to have an adverse (not necessarily good or bad, just big) effect on the functioning of pools and payout schemes.

Very interested...

As far as my pool would be concerned, I would use what I could from that interest in either/or of the following:
- Spend the earnings on sending out auto-payout for users who'd like to use that feature (no, it's not coded yet).
- Giving the user's who find blocks some extra credits.

[Vorksholk]

Perhaps I'm looking at this wrong, but it seems as if Proof-Of-Stake combined with Proof-Of-Work will do some very interesting things for big pools, allowing big pools to give over 100% PPS based on stake earnings too, or earnings based on the coins left in a person's account until they withdraw, or something of the like. From what I understand, when proof-of-stake begins to be implemented, people with many coins will get more coins based off of their stake or holding, which would seem to have an adverse (not necessarily good or bad, just big) effect on the functioning of pools and payout schemes.

Very interested...

As far as my pool would be concerned, I would use what I could from that interest in either/or of the following:
- Spend the earnings on sending out auto-payout for users who'd like to use that feature (no, it's not coded yet).
- Giving the user's who find blocks some extra credits.

Awesome Yeah, I see a lot of potential pool competition for the best or coolest reward schemes for using the Proof-of-Stake coins.

[juggalodarkclow]

I find this coin to be interesting to say the least. I have a stupid question, where do I get my wallet address ? I'm mining at NothinG's pool and want to add it to my profile. Thanks in advance.

[NothinG]

I find this coin to be interesting to say the least. I have a stupid question, where do I get my wallet address ? I'm mining at NothinG's pool and want to add it to my profile. Thanks in advance.

This coin unfortunately doesn't have a GUI, but you can use the Console.

[juggalodarkclow]

I think what's very vital for this coin to become more widely mined is a wallet. I'm not a coder but is there any way a wallet can be made using the bitcoin wallet code, just altered like the litecoin wallet?

[markm]

How is it that it does not have a GUI? I see a bitcoin-qt.pro file in the toplevel directory, did they do something to break the ability to compile the -qt version? Normally if the daemon works the GUI does too as its mostly just a pretty front end onto the same code...

-MarkM-

[Sunny King]

I find this coin to be interesting to say the least. I have a stupid question, where do I get my wallet address ? I'm mining at NothinG's pool and want to add it to my profile. Thanks in advance.

To get address you can use
ppcoind getaccountaddress ""
ppcoind getnewaddress
ppcoind validateaddress

Unfortunately currently we are lacking in resource to fully support the qt gui version. So for now only daemon is officially built. Some of our users have attempted to build their own qt gui with some success.

Thanks,

[Tittiez]

Unfortunately currently we are lacking in resource to fully support the qt gui version. So for now only daemon is officially built. Some of our users have attempted to build their own qt gui with some success.

Thanks,

I've built the qt and it works fine.