tooh
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Activity: 156
Merit: 10
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May 24, 2018, 07:14:26 AM |
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We are volunteers. Don’t act like we owe you anything. We are here because we care about building a blockchain that is reliable and actually decentralized, instead of only paying lip service to that idea by using it as a marketing gimmick. Go join one of the many other projects out there with paid developers that introduce flaws and vulnerabilities by rushing things. I’m sure Verge would be happy to have you.We are working on 6-7 major projects with our small team and many of us sacrifice the majority of our free time to do this. We are doing the best we can with the manpower we currently have available. If you want us to move faster then stop complaining and get involved. Find us more quality developers or help with marketing or in some other way. You say good. Long time proved that PPC is strong. |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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songsunling
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Activity: 112
Merit: 11
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May 24, 2018, 04:43:29 PM |
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Peercoin biggest piece of junk coin out there and devolpmemt team does nothing
Peercoin is one of the worst performing coins vs bitcoin since 2014 and yet the devolpmemt team thinks there doing a great job what a joke
We are volunteers. Don’t act like we owe you anything. We are here because we care about building a blockchain that is reliable and actually decentralized, instead of only paying lip service to that idea by using it as a marketing gimmick. Go join one of the many other projects out there with paid developers that introduce flaws and vulnerabilities by rushing things. I’m sure Verge would be happy to have you.We are working on 6-7 major projects with our small team and many of us sacrifice the majority of our free time to do this. We are doing the best we can with the manpower we currently have available. If you want us to move faster then stop complaining and get involved. Find us more quality developers or help with marketing or in some other way. keep going on, man.  |
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Verdell
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May 25, 2018, 06:11:41 PM |
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When you see the 51 pct attack on bitcoin gold I know for 51 pct attack too happen with peercoin the price would have too rise too 1000 plus per coin making it unprofitable too try I was wondering if anyone new what the list of coins most unlikely too be vulnerable too a 51 pct attack and were peercoin ranks on that list
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giangkute29
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May 29, 2018, 07:01:45 AM |
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Well, Im New to peercoin so I hope to buy some soon!  |
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LiveCoin
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Activity: 1596
Merit: 1017
LiveCoin - is a modern stock exchange
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May 30, 2018, 02:56:20 PM |
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Hello.
Could anyone share contact of PPC tech developers? We have a technical question regarding node.
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cointopper
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May 31, 2018, 05:00:14 AM |
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Hello Peercoin believers, Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies. It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of Peercoin at: https://cointopper.com/coin/peercoinConstructive criticisms are always welcome at CoinTopper. Thank you!! |
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Verdell
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June 02, 2018, 07:28:06 PM |
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The development of PEERCOIN to the present stage is not easy, the development team has been working hard, but now PEERCOIN is facing a huge challenge, from 2013 ranking third, has slipped to 200, and there is still a tendency to continue to slide. In the face of major changes in the block chain industry, the development team is very thin, many developers turn to paid services, making many development work difficult to make progress. If there is no corresponding measures to prevent the tragedy, then PEERCOIN will become history, forever buried.So we recommend the establishment of the PEERCOIN development foundation to help the development of PEERCOIN out of the dilemma, and ten percent of the PEERCOIN mining earnings are used to pay for the development foundation
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Verdell
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June 02, 2018, 07:30:04 PM |
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That is an excellent idea vertcoin took a pct of mined coins for devolpmemt and the coin soared in value some thing needs too be done too stop peercoin drop,on coin mkt cap from a top 25 coin too number 215
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Verdell
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June 02, 2018, 07:40:27 PM |
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ppcman11d Sentinelrv
Sentinelrv:
So I did a little math. The current supply is 24,772,330. 1% yearly interest is 247,723 PPC. As a default baseline, 5% of that yearly interest comes to about 12,386 PPC. Current dollar value of that is around $30k, which is ok as a base to work from, especially if the price increases from the work we are doing.
Good numbers, glad you took the initiative to check that for us. Thank you.
The problem is that this figure is only accurate when you have 100% of participation in minting. It is the maximum, which we are far from. So if you divide that figure by another 20x you end up with about 500 PPC/year, which is barely over $1,000.
Increasing the mint reward "per block" is another option. Whether it is 21 million circulated or 42 million circulated seems to mean very little these days if you look at the amount of coins in circulation on coinmarketcap. Coins with 3 billion out there, or 30 billion still seem to do well. Does that make sense? Not to me.. but it doesn't seem to retract from their trading volume. :stuck_out_tongue:
That's a bit of a stretch to think about at this point, but it is an option.
So it seems that this is not a proper solution either unless you can think of something that I'm missing @ppcman. We would most likely get more funds just from installing a manual donation button in the wallet.
Knowing that this is in place, and is working, on any level, will raise eyebrows, encourage participation, and could easily raise Peercoin 3x to 6x current price especially knowing that the end goal is to better Peercoin, promote it better. etc.
These numbers you have calculated mean very little in the long-term.
I personally deliberately didn't buy Ethereum because of its failed initial launch (which had to be rescheduled) its strange mining in the beginning, the lack of documentation, etc. I watched it grow from $3/ETH to what it is now (before the fork to ETC and ETH)
....these things have a way of mooning pretty quick. As long as your infrastructure makes sense and your distribution is working... the price and value of each coin will take care of itself as time goes on.
Start here, and adjust as necessary.
Remember whether you DO SOMETHING or DO NOTHING you will always have gripes and complaints. Begin somewhere and progress forward, always, and the market will follow with a positive outcome if what your doing has a positive outlook.
ppcman11d
By the way, if this was ppcman-chain and not Peercoin, I might have opted to have a 2% minting reward, with 1.25% payable to to the user, and 0.75% payable to the multisig Foundation address that is hardcoded into the protocol and verifiable by every node on the main chain.
There is many ways to do this... :slight_smile:
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Verdell
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June 02, 2018, 07:44:09 PM |
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ppcman9d1 I'd like to make something very clear. When I first joined Peercoin in 2013 until now, I've met numerous resistance for things from people who like a "tread lightly" approach to everything we do.. That mindset has gotten Peercoin from #3 spot, steadily falling fast on coinmarketcap to #192 spot today. If I keep hearing things about opt-in, and passive donation schemes, you are all going to lose. Please re-think your position. This is time to do something aggressive. You want a significant change to the way Peercoin shines and is adopted? Then you have to make a significant change to your thinking too. Go into unexplored territory. We can't be doing any worse than we are now. Raising eyebrows? Excellent. YES! Raise eyebrows. Make it OPT-OUT We always seem to hear from the complainers the most. They are the most vocal. There is a passive majority that never post, and fully agree with me. I've met them. They've given me wallet donations in my profile sig before. When we changed to discourse these people seemed to have disappeared at the exact same time More info: https://en.wikipedia.org/wiki/Peanut_gallery3However, raise some eyebrows, get things moving where they need to go.. these people will return. 2 Replies |
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Verdell
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June 02, 2018, 07:49:30 PM |
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Peer4commit shows a failed experiment of self opt-in donation funding.
We did okay with that when Peercoin was "hot". But that project died off pretty quick, got fragmented and the way new developers come in to see an opportunity to get involved look at how stale it is and just leave.
I find our community has a hard time learning from its mistakes, or changing its thinking to adapt.
The same technologies Peercoin has now, or is planning to have, exist in other chains in similar ways. We're no longer cutting edge. Yes, we do have a very reliable blockchain, that is truly decentralized, fairly launched, and not manipulated.
...which is our treasure. However, none of that means anything, if we don't keep interest and attention alive.
Ongoing, regular, and predictable funding is helpful in the mission.
Teek, legitimately wants to see the PLAN, and says if there was one, funding definitely will come.
Isn't that counting eggs before they are hatched? How can we possibly come up with a PLAN for fund generation and spending if we have no idea of what how often, and to what amount, the income will be?
Any business must have a path to profitability for funding its growth, and we don't have that..
Our business plan seems to be "we'll plan growth, development, and adoption" and hope the funds will show up on time to support it.
That's a flawed plan to success in my opinion.
I've said enough. You know how I feel. I'd like to sit back listen to the rest of you decide.
4 Replies
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Verdell
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June 02, 2018, 07:51:06 PM |
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Vertcoin soared in value. 50 x plus when they implemented pct of miner rewards too devolpmemt anyone who wants peercoin too increase in value should be infavour of the foundation getting pct of miner rewards
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Verdell
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June 02, 2018, 07:55:32 PM |
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ppcman2d
Nagalim:
@ppcman you aren't even calling for a contentious hardfork. You're calling for a complete abandoment of ppc to go work on some new atlcoin you just made up.
Sorry I wasn't clear.
I wanted to launch a forked project called Peercoin 2.0 (name could obviously be changed) which would be a forked project from the original Peercoin that had this fundraising feature.
The original Peercoin blockchain would continue
The new Peercoin 2.0 fork would begin
We'd see which Peercoin fork would outlast and do better than the other.
Much like ETC and ETH
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Verdell
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June 02, 2018, 07:55:55 PM |
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Excellent idea peercoin 2.0
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Verdell
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June 02, 2018, 08:38:25 PM |
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nohea1d
If you want Peercoin to grow in value, there needs to be an incentive to acquire it. Other altcoins have valued (pumped) due to speculation. Bitcoin acquired value first by connecting to markets - first underground, then above ground. Only after it acquired market value did speculators pump it more.
If Peercoin is not going the pump route, it needs to connect to a market. That means more merchants need to accept it, and buyers need to acquire it easily. There is a space for that since Bitcoin is often expensive to use as money, Litecoin has filled it.
Another way is the roadmap for Bitcoin Script smart contracts. If businesses eventually realize trusting their money to smart contracts written in Solidity is madness, then Peercoin has a chance at some of that.
ppcman1d
Nohea - exactly.
Time is of the essence here. While the rest of the cryptoindustry grows up, matures, and gains adoption, they are not waiting for us.
We need to remain in the public eye at all times.
Superior technologies have historically never been adopted simply because of how it was brought to the market.
Even sub-part technologies can win in the end, if they have a better marketing team. First to market means a lot in this world. We all know this...
Peercoin was one of the first to market, and then it went to sleep as far as media and the public is concerned.
If it's always the same people posting all the time, it leaves very little room for alternative opinion. I was happy to read nohea's reply.
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Paul33
Newbie
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Activity: 160
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June 02, 2018, 09:52:47 PM |
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Ppc team will never implement pct of mined coins going too foundation they are perfectly content too continue too let peercoin lose ground on coinmarket cap and continue too do things the way they always have sad
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Sentinelrv
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June 02, 2018, 10:55:08 PM |
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Protocol development in Peercoin is very specialized and there are only a handful of people that have heavily studied it that are capable of developing for us. More funding will not help in this case and we already have dedicated people looking after the protocol.
However funding will help development of projects outside of the core protocol and we already have plans to obtain this funding without the need to alter mining/minting rewards like what was proposed in that thread. There is no reason to worry. We will have funding to hire the people we need to do the work that has to be done.
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