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

[Verdell]

When will 0.6 be released?

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[Cymatoxa]

After the collapse of the exchange BTC-E, this coin is also at the bottom. The question is guys. Do you think this coin will recover?

[tribanogrami]

This is an excellent coin and it is unique in its kind. Yes of course a big minus was obtained after problems with the Btc-e exchange. But growth will not go anywhere

[Sentinelrv]

What an ICO website for Peercoin might have looked like...

https://www.peercoin.site/

Thank to Willy for making this fan site. You can see the announcement here...

https://talk.peercoin.net/t/peercoin-proud-not-to-be-an-ico-launch-of-www-peercoin-site/6020

[soviettiget2]

PoS is slowly taking over the world.

I was wondering about the limits of mining and I read somewhere that it was supposed that PoW would eventually be replaced by PoS (due to power consumption, reaching limits on coins issued, viability of the network, ie keeping the verification process as decentralized as possible.)  It would make sense to me.

[Sentinelrv]

PoS is slowly taking over the world.

I was wondering about the limits of mining and I read somewhere that it was supposed that PoW would eventually be replaced by PoS (due to power consumption, reaching limits on coins issued, viability of the network, ie keeping the verification process as decentralized as possible.)  It would make sense to me.

Security is provided only by PoS. PoW is only for distribution and acts as a way to continually spread voting power to new people, further decentralizing the network. PoW block rewards are dynamic and adjust upward and downward based on the hashing power put toward the network. This has lead PoW inflation to decline over the years and is expected to continue that downward trend into the future.

[Verdell]

Peer coin is one of the most undervalued coins in crypto this thread has only 103 pages for a coin that's over 5 years old and a proven coin sooner or later the markets will see how under valued peercoin is

[Flypme]

Hello everybody,

Many thanks to the team for allowing this.

We'd like to introduce Flyp.me, an accountless exchange with profit sharing and distributed policy-making. It accepts/exchanges Peercoin among 12 other cryptocurrencies with 78 trading pairs. No registration, email or ID verification: only your crypto address.

The exchange is already live and the Flyp.me API has been released to allow businesses and developers to make exchanges and accept payments in 12 cryptocurrencies.

Our ICO is launching next week to increase the reserves we keep for each cryptocurrency, improve the current service, integrate decentralized asset platforms and R&D for 2nd layer solutions. We are now in Presale with +12.5% bonus. Contributions are accepted in Peercoin.

Flyp.me is developed by HolyTransaction, the first multicurrency web wallet. It supports Peercoin.

Got any questions? Join the conversation on Telegram and Bitcointalk. Thanks

[skidog]

Peer coin is one of the most undervalued coins in crypto this thread has only 103 pages for a coin that's over 5 years old and a proven coin sooner or later the markets will see how under valued peercoin is

It is pretty amazing how we only have 103 pages. Maybe the peercoin forum is where a lot of chatting is taking place.

[Sentinelrv]

It is pretty amazing how we only have 103 pages. Maybe the peercoin forum is where a lot of chatting is taking place.

Both the forum and Peercoin.chat is where the majority of discussion takes place. I really only use this thread to pass along news from the team and community as well as to answer questions.

[Sentinelrv]

Willy added a dynamic comparison chart showing the difference in energy consumption between Bitcoin and Peercoin proof-of-work mining...

https://peercoin.site/#energy

[d5000]

Willy added a dynamic comparison chart showing the difference in energy consumption between Bitcoin and Peercoin proof-of-work mining...

https://peercoin.site/#energy

As much as I am a Peercoin fan, I consider this table a bit unfair, because Peercoin for now does not have the same utility/transaction volume/market cap like Bitcoin, and so it cannot be compared directly in my opinion.

But two simple indicators would solve that:

- hashrate / power consumption per million transactions/year.
- hashrate / power consumption per million USD of market cap. Here I can do the math myself:
--- Bitcoin:  7679050104 Ghps /  69079 MUSD: 111163.3 Ghps/MUSD
--- Peercoin:  1987556 Ghps / 34 MUSD: 58457.52 Ghps/MUSD

(that is roughly about half, I know that is less "advantage" that some want to see/show, but as far as I know the curve of hashrate growth that is to be expected is less steep because of the dynamic PoW reward that falls when hashrate/difficulty grow. )

[Verdell]

Regardless of  which table you go by with bitcoin at 4200 and peercoin trading at 1.40 so you can get 3000 peercoins for  1 bitcoin that ratio is way out of wack in my opionion I think 300 to 500 peercoins to the bitcoin is more representive of what the ratio should be and as time goes on we will see if the market eventually agrees

[d5000]

Regardless of  which table you go by with bitcoin at 4200 and peercoin trading at 1.40 so you can get 3000 peercoins for  1 bitcoin that ratio is way out of wack in my opionion I think 300 to 500 peercoins to the bitcoin is more representive of what the ratio should be and as time goes on we will see if the market eventually agrees

That can be perfectly true - I expect that Peercoin can be again in the top 50 or even in the top 25 coins when 0.6 and PeerAssets come out. But with an increasing price, most likely also the hashrate will go up. Because of the Peercoin "difficulty-dependant" reward mechanism I already mentioned, however, the hashrate/energy consumption increase should be at least a bit less than the price increase.

In this hashrate chart we can also see that Peercoin's hashrate is continuously increasing since 2015 (mid-term and long-term) although we have never reached the 2013 record prices. This could be already an effect of technical progress - an effect Sunny King mentioned explicitly when he justified the "reward-follows-hashrate" design.

[ue8760806mend@163.com]

Other than the rate which seems to be better at the moment.

[Verdell]

A ratio of 500 peercoin to one  bitcoin would just as you say make peercoin a top 25 coin and I believe peercoin has a potential to be A top ten coin for that too happen we'd need to see a ratio of 75 peercoins too the bitcoin I,don't think that's out of the realm of possibility

[uw1120569qiao]

We will keep this community informed over the next weeks.

[Verdell]

SentinelrvBrand Manager9h
antaresus:
Release candidate is already available v0.6.0ppc.rc1
This is for testnet. As hrobeers said in chat, we can't stop you from running it on mainnet though. You are free to do so, but it's at your own risk.

[Sentinelrv]

Peercoin v0.6 is now ready for public testing! Join in here...

https://talk.peercoin.net/t/v0-6-public-testing/6103

Retweet so we can get some more eyes on it...

https://twitter.com/PeercoinPPC/status/916688769524424704

[Verdell]

hrobeersPeercoin Protocol Developer8h
Tonight, the switch time for the soft-fork activation will get passed.
const unsigned int nProtocolV06TestSwitchTime = 1507700000; // Wed 11 Oct 05:33:20 UTC 2017

You can follow the current majority percentage using: https://gist.github.com/hrobeers/3de9d6e8d378107fd226185c81539b765

I made sure it is close to 0% now, so we can really see the gradual activation happening.

Happy forking!