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Author Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency  (Read 680102 times)
Sentinelrv
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April 11, 2020, 08:39:06 PM
 #2701

This article covers the upcoming changes to Peercoin's Proof of Stake reward model, as well as the historical motivation behind it...

https://medium.com/@PeercoinPulse/peercoin-inflation-adjustment-54bcb283afe4
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mafia
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May 09, 2020, 11:38:26 PM
 #2702

is there an RSS feed for talk.peercoin.net or do you have an active reddit page?
Sentinelrv
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May 10, 2020, 06:44:57 PM
 #2703

The Peercoin Foundation releases its 2019 financial report. You can view a list of all expenses and donations at the following link...

https://talk.peercoin.net/t/foundation-update-4-2019-financial-report-for-the-peercoin-foundation/10265
Sentinelrv
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May 11, 2020, 09:13:40 AM
 #2704

is there an RSS feed for talk.peercoin.net or do you have an active reddit page?

There is a Reddit page at https://www.reddit.com/r/peercoin/ though the forum is more popular for news and discussion. I'm not sure about an RSS feed though.
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May 11, 2020, 10:17:14 AM
Last edit: May 13, 2020, 09:24:31 PM by Sentinelrv
 #2705

This update covers the changes to Peercoin's PoS reward economics in the upcoming v0.9 release. See here...

Team Update #42: https://talk.peercoin.net/t/team-update-42-upcoming-changes-to-peercoins-pos-reward-economics/10249

Here is a quick snippet...

Quote
All in all, you should expect a 3x increase in mint rewards, plus around 1.25 ppc (which will slowly increase with time). So if you minted 0.5 ppc in a block yesterday, in v0.9 you would have minted around 2.75 ppc instead, which is a 450% increase in reward. This is clearly substantial on an individual basis and we expect that it will drastically change the economics and security of the chain for the better.
tommy7
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May 13, 2020, 01:52:38 AM
 #2706

Not happy.
I downloaded the wallet , created a new address , sent peer coin to it.. and it just sitting there pending... i checked all 3 explorers.. address invalid.
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May 13, 2020, 01:54:34 AM
 #2707

The wallet is creating invalid un-usable addresses.
Sentinelrv
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May 13, 2020, 09:22:13 PM
 #2708

The wallet is creating invalid un-usable addresses.

Do you mind opening a thread on our forum about your issue so our developers can find out more information from you? The forum is located at https://talk.peercoin.net/.

You are the first person to report something like this, so we want to make sure we investigate. If you still have the invalid address that was created, that may be helpful.
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May 16, 2020, 11:36:10 AM
Merited by mishax1 (50)
 #2709

Team Update #43: Peercoin v0.9 (Codename Strider) Released - Hard Fork is June 8th, 2020 - Upgrade Today!

Announcement Link: https://talk.peercoin.net/t/team-update-43-peercoin-v0-9-codename-strider-released-hard-fork-is-june-8th-2020-upgrade-today/10282



We are pleased to announce that after many hard months of work, Peercoin v0.9 (Codename Strider) is complete and a hard fork is planned for Monday, June 8th, 2020 at 12:00:00 UTC. You must upgrade your wallet client before then!

Changelog:

Peercoin release v0.9.0

RFC-0019: PoW Block Spacing
RFC-0018: PoS Rewards Adjustment
RFC-0017: Limit Effective Coinage to One Year
RFC-0015: Reduce Time Drift
allow staking=0 command to disable minting
ability to filter out mint transactions in the QT wallet

Summary:

Quote
While Peercoin v0.8 (Mantis) was largely about modernizing the codebase and improving the technical capabilities of the reference node software, the v0.9 (Strider) development cycle was about the economics of the Peercoin cryptocurrrency.

Both the PoW and PoS aspects of the network have been modified. Proof-of-Work changes are rather minimal; in summary target block spacing has been set to 60 minutes, rather than having dynamic PoW block spacing target. Block spacing is currently approximately 60 minutes anyway, so this may not sound like a big change, but it stops some PoW pools from trying to game the system. By making PoW more predictable, RFC-0019 brings inflationary stability to the overall system.

That change is minor when compared to the modification of the Proof-of-Stake side of the system. Some of you may have been following the discussion on RFC-0011, which was ongoing for over a year, and you may have noticed that RFC-0011 was rejected about two weeks ago and replaced with RFC-0018.

In my personal opinion, RFC-0011 is a great idea, probably the best idea thrown around here in the last couple of years, but ultimately it’s too complex and we could not get consensus about it. The gist of both RFC-0011 and RFC-0018 is that the Peercoin money supply inflates at a rate of 1% on paper, but we are nowhere near that in practice.

In the old system, in order to have PoS inflation at 1%, a full 100% of all peercoins would have to start minting and solving blocks. This is simply impossible. In reality, over the last couple years Peercoin’s PoS inflation has only been between 0.10% and 0.20%, which is far from the “promised” annual 1%. Due to the very rough history of this beautiful blockchain, namely the closure of btc-e, dozens of exchange hacks and closures, as well as a couple of de-listings, we are in a situation today where nearly half of the monetary supply has not been moved for over two years and we can consider those coins lost for all intents and purposes.

The basic principle of RFC-0011 was the following: the Peercoin network promises a steady inflation of 1% on monetary supply, and if you want a cut of it: mint. In essence, if only 20% of all peercoins are minting, the effective reward for active minters would be closer to 5% per year. However, the problem with this scheme is that minters would try to game the system and only mint when minting participation is low. Thus, we came up with RFC-0018, which yields similar results, but keeps the reward calculation simple and prevents gaming of the algorithm. You can read more about the change here.

Long story short, the network will reward active minters more, while keeping the overall inflation around 1%.

Accompanied with an expected inflation drop from increasing PoW hashrate, overall monetary inflation will largely remain unchanged, and will be more stable.

Other changes are minor and do not change the behavior of the network. RFC-0017 is just a consequence of RFC-11, and it stops minters from going offline for longer than a year and coming back to mint. We did not see this as fair, so the coinage counter is reset after a year now. Limiting coinage disincentivizes extremely long term periodic minting, thereby making continuous minting more attractive.

– Peerchemist, Peercoin Project Lead

Upgrade Instructions:

The v0.9 client can be downloaded from the wallets page of peercoin.net. For users upgrading from v0.8, upgrade instructions can also be found on that page.

For the minority of users that may have skipped v0.8 and are upgrading from v0.7 or earlier, please check these additional instructions from the previous v0.8 release thread as you will need to go through the additional process of rebuilding your block database. If you need help with installation, leave a comment below.

New v0.9 splash screen:



Conclusion:

To stay informed as we get closer to the hard fork date, you can follow the latest Peercoin news on our [urlhttps://talk.peercoin.net/]forums[/url], our Twitter, or Reddit. If you want to come chat or need help, come say hi to our team and community on Telegram/Discord.

Other places to follow us:

Facebook
LinkedIn
BitcoinTalk
Youtube
Medium

Don’t forget you can see the latest updates using the Blockfolio and Delta Apps!

Download Link: https://github.com/peercoin/peercoin/releases/tag/v0.9.0ppc

Final reminder: The upgrade deadline is planned for June 8th, 2020 at 12:00:00 UTC
BSOD_miner
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May 17, 2020, 11:07:20 AM
 #2710

https://i.imgur.com/97wMEzb.png
BSOD.PW supports Peercoin!
Welcome to the world of happy mining!

BSOD.PW PPC Dashboard

Code:
-a sha256d -o stratum+tcp://pool.bsod.pw:2644 -u WALLET.rig

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Code:
-a sha256d -o stratum+tcp://pool.bsod.pw:2644 -u WALLET.rig -p m=solo

Code:
-a sha256d -o stratum+tcp://pool.bsod.pw:2644 -u WALLET.rig -p m=party.yourpassword

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Helping you make a profit in crypto altcoins mining since 2017,
Your bsod.pw team.
Sentinelrv
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May 19, 2020, 08:00:19 AM
 #2711

Amsterex lists Peercoin for trading...

https://twitter.com/amsterex/status/1262155309788860417?s=21
Sentinelrv
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May 20, 2020, 11:00:54 PM
 #2712

Today, at 7.5 years old, the Peercoin blockchain passed 500k blocks! Here is to the next 500k!
Sentinelrv
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May 29, 2020, 10:38:51 AM
 #2713

The Peercoin VPool supernode and the VSYS Team have come together recently in a joint effort to produce an informative intro video for V Systems. In this collaboration, the VSYS Team provided script writing, while Peercoin VPool financed and produced the video in conjunction with Chronos.

This video aims to introduce viewers to V Systems and educate them about the basic fundamentals of the network. Topics include the goal of the V Systems network, Euclid Smart Contracts, Supernode Proof-of-Stake, and Staking 2.0. You can watch and share the video below…

https://youtu.be/m8XUtTBctSo
Sentinelrv
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June 07, 2020, 01:01:30 PM
 #2714

‪FINAL REMINDER: Peercoin will hard fork tomorrow, June 8th at 12:00:00 UTC. Make sure you are prepared ahead of time by upgrading your wallet client. Details here:

https://talk.peercoin.net/t/team-update-43-peercoin-v0-9-codename-strider-released-hard-fork-is-june-8th-2020-upgrade-today/10282‬
HeitorMessias
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June 13, 2020, 05:49:34 AM
 #2715

PPC is disonible in any DEX for buy/sell ? thanks
lavenderp
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June 13, 2020, 08:49:44 AM
 #2716

really enjoy your updates and transparent financial reports for/of peer[Suspicious link removed]d stuff is coming

‪FINAL REMINDER: Peercoin will hard fork tomorrow, June 8th at 12:00:00 UTC. Make sure you are prepared ahead of time by upgrading your wallet client. Details here:

https://talk.peercoin.net/t/team-update-43-peercoin-v0-9-codename-strider-released-hard-fork-is-june-8th-2020-upgrade-today/10282‬
Sentinelrv
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June 26, 2020, 07:30:49 AM
 #2717

Learn how to earn higher PoS rewards using Peercoin's new reward system! In his latest video, Chronos covers this and other new additions from Peercoin v0.9.

https://youtu.be/0v__lVdK-DI

Sentinelrv
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July 08, 2020, 09:59:42 AM
 #2718

The Peercoin Foundation sponsors thesis on the use of blockchain technology in International Trade & Reimbursement Banks:

https://medium.com/peercoin/peercoin-foundation-sponsors-thesis-on-use-of-blockchain-tech-in-international-trade-4e344ea5067
MaPeX
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July 17, 2020, 03:24:17 PM
 #2719

Hello miners,
Peercoin added to BestMiner.eu

To mine and get paid PPC

Code:
-a sha256 -o stratum+tcp://bestminer.eu:3333 -u youwalletaddress -p c=PPC

Pool address: https://bestminer.eu


Multicoin mining pool with low fees.


Happy mining ;-)
AMAL 2019
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July 17, 2020, 05:18:20 PM
 #2720

HI;
Please i withdraw a coin 408 PPC from yobit platform and not send it to the other platform

2020-06-19 12:32:15
408.04049772 PPC
txid:  316bfed791dce7b123fe1c64dca4b1a42f3811497b9989034b279f1f4faf5bc0
ADDRESS: PQBs3c7PKgjbaTKc6FsmT4P46KMEzrTYFp
The withdrawal of the coin has been confirmed by yobit , but I have not found it on peercoin explorer
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