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Author Topic: [ANN] [PPL] PeopleCoin | Scrypt | PoW/PoS | No Premine  (Read 19097 times)
peoplecoin
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September 17, 2013, 02:00:02 PM
 #1

I'm proud to introduce PeopleCoin - the cryptocoin for all people.
We have a long term plan of support and development. The aim of this project is to build a fast and safe currency that every person can keep for daily use.

Specifications:
Based on scrypt algorithm
Proof of Work / Proof of Stake
1 minute block target time
Difficulty starts from 0, retargets every block
50 confirms for minted blocks
4 confirms for trading
RPC Port = 17776
P2P Port = 17777
Transaction fee = 0.0001
About 1,440,000 coins total
Transaction messaging (in plain text)
No cheating, no premine

Mining Specifications:
1st-3rd day, 10 coins per block
4th-15th day , 5 coins per block
16th-30th day, 2.5 coins per block
From 31th day to 1 year, 1.25 coins per block
Halves every year since then. Mining last for about 50 years

Official Website:
http://www.people-coin.org

Exchange:
http://btcltc.com/home/index/ppl_cny


Wallet Download:
http://people-coin.org/?page_id=26

Source Code:
https://github.com/PeopleCoin/PeopleCoin

Mining Pools:
http://www.coin-base.org/ppl/
http://ppl.excpool.com

Block Explorer:
http://coin-base.net/ppl_blockcrawler/

Solo Mining Guide:
1. Open peoplecoin-qt.exe, wait for it to startup, then close it
2. Create a text file named "PeopleCoin.conf" in "C:\users\yourusername\AppData\Roaming\PeopleCoin"(see sample below)
3. Start peoplecoin-qt.exe again, wait before it becomes synchronized.
4. Connect your mining rigs to the wallet and start mining. URL example: http://192.168.1.10:17776

Sample PeopleCoin.conf:
Code:
listen=1
daemon=1
server=1
rpcuser=somerandomstrings
rpcpassword=somerandomstrings
rpcport=17776
port=17777
rpcallowip=127.0.0.1
rpcallowip=192.168.*.*
rpcallowip=10.*.*.*
addnode=192.69.221.105

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September 17, 2013, 02:05:34 PM
 #2

guess i'll reserve this for the people Smiley
peoplecoin
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September 17, 2013, 02:42:53 PM
 #3

Github is very slow from here. I'm keeping trying to upload source code.
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September 17, 2013, 02:51:29 PM
 #4

The difficulty is going to skyrocket at a retartget every block.
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September 17, 2013, 04:02:53 PM
 #5

The difficulty is going to skyrocket at a retartget every block.

172 blocks and at 1.15567743

175 blocks and at 0.90308400

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September 17, 2013, 04:31:26 PM
 #6

The difficulty is going to skyrocket at a retartget every block.

172 blocks and at 1.15567743

175 blocks and at 0.90308400

I have been mining this for over an hour and with 1600 kh/s and have not found a single block.
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September 17, 2013, 04:36:51 PM
 #7

Just my luck lol. I post this and then get a block. 10 as the reward.

It has a random address below it, it does not match my address though, anyone know what this is?
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September 17, 2013, 04:55:45 PM
 #8

I'll just wait for a pool.
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September 17, 2013, 05:02:18 PM
 #9

From what I can gather in the getmininginfo there already is one.
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September 17, 2013, 05:03:28 PM
 #10

The difficulty is going to skyrocket at a retartget every block.

what's with the every block retarget lately? how am I supposed to get rich?
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September 17, 2013, 05:33:08 PM
 #11

Beware, all my mined PPL coins was automatically sent to a strange address "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ".

PPL client was downloaded from Github and compiled under Linux so i think the PPL Devs are secretly stealing the coins.

Quote
{
        "account" : "",
        "address" : "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ",
        "category" : "send",
        "amount" : -19.60000000,
        "fee" : -0.00010000,
        "confirmations" : 37,
        "blockhash" : "00000000b47ce7bd54cbaf8e652a1bc167749ece04e3765cf2279176029de629",
        "blockindex" : 1,
        "blocktime" : 1379437046,
        "txid" : "548eb3c927f29edd04d73533af015f3496f634145bac653b50e0de1adbd1318a",
        "time" : 1379436959,
        "tx-comment" : "",
        "timereceived" : 1379436959
    },
    {
        "account" : "",
        "address" : "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ",
        "category" : "send",
        "amount" : -9.75000000,
        "fee" : -0.00010000,
        "confirmations" : 36,
        "blockhash" : "00000000c75cc20fe7914d77d8fe5a64bd67e0f8abaf167cb08c4b8e9d5e3856",
        "blockindex" : 1,
        "blocktime" : 1379437140,
        "txid" : "bd2eee0c09ebbeba1644d9afcbff27cc300eb40daead8dead4b30b3907cbbf3f",
        "time" : 1379437020,
        "tx-comment" : "",
        "timereceived" : 1379437020
    },
    {
        "account" : "",
        "address" : "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ",
        "category" : "send",
        "amount" : -19.60000000,
        "fee" : -0.00010000,
        "confirmations" : 26,
        "blockhash" : "0000000021413125e048bf2beafc9650f1408fe93dc0bc6ddedb63e9f24e0d85",
        "blockindex" : 1,
        "blocktime" : 1379437566,
        "txid" : "60058c589332478001c941b29092515c464cbccb121ae6034d7b0a8260b42f17",
        "time" : 1379437500,
        "tx-comment" : "",
        "timereceived" : 1379437500
    },
    {
        "account" : "",
        "address" : "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ",
        "category" : "send",
        "amount" : -9.67101900,
        "fee" : -0.00010000,
        "confirmations" : 22,
        "blockhash" : "000000004ff26e4561699e48c5e76ea18dd1d3be8fafb229c9ec157e3ed6f752",
        "blockindex" : 1,
        "blocktime" : 1379437703,
        "txid" : "3afa0591ea83339d4a57015dec8cdc6b312d146de40a56370e3b179cad161e06",
        "time" : 1379437619,
        "tx-comment" : "",
        "timereceived" : 1379437619
    },
    {
        "account" : "",
        "address" : "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ",
        "category" : "send",
        "amount" : -9.62588800,
        "fee" : -0.00010000,
        "confirmations" : 18,
        "blockhash" : "000000003cf53e3080af1baecd8b9b142d72582de951288cc4abc6565a60c4fe",
        "blockindex" : 1,
        "blocktime" : 1379438063,
        "txid" : "ae8581e7b904b02f392dee4ebdc0c66f7e53b93a29270d6e21247ce0f9beaeaa",
        "time" : 1379437800,
        "tx-comment" : "",
        "timereceived" : 1379437800
    }

BTC address: 147WCTMf94biQKCGZL39Lyr2oc3b6tj6We | LTC address: LYnpCWatYJyNKsWoNHGt4UBqVcBBP4CyGY
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peoplecoin
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September 17, 2013, 06:06:07 PM
 #12

Beware, all my mined PPL coins was automatically sent to a strange address "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ".

PPL client was downloaded from Github and compiled under Linux so i think the PPL Devs are secretly stealing the coins.

Quote
{
        "account" : "",
        "address" : "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ",
        "category" : "send",
        "amount" : -19.60000000,
        "fee" : -0.00010000,
        "confirmations" : 37,
        "blockhash" : "00000000b47ce7bd54cbaf8e652a1bc167749ece04e3765cf2279176029de629",
        "blockindex" : 1,
        "blocktime" : 1379437046,
        "txid" : "548eb3c927f29edd04d73533af015f3496f634145bac653b50e0de1adbd1318a",
        "time" : 1379436959,
        "tx-comment" : "",
        "timereceived" : 1379436959
    },
    {
        "account" : "",
        "address" : "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ",
        "category" : "send",
        "amount" : -9.75000000,
        "fee" : -0.00010000,
        "confirmations" : 36,
        "blockhash" : "00000000c75cc20fe7914d77d8fe5a64bd67e0f8abaf167cb08c4b8e9d5e3856",
        "blockindex" : 1,
        "blocktime" : 1379437140,
        "txid" : "bd2eee0c09ebbeba1644d9afcbff27cc300eb40daead8dead4b30b3907cbbf3f",
        "time" : 1379437020,
        "tx-comment" : "",
        "timereceived" : 1379437020
    },
    {
        "account" : "",
        "address" : "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ",
        "category" : "send",
        "amount" : -19.60000000,
        "fee" : -0.00010000,
        "confirmations" : 26,
        "blockhash" : "0000000021413125e048bf2beafc9650f1408fe93dc0bc6ddedb63e9f24e0d85",
        "blockindex" : 1,
        "blocktime" : 1379437566,
        "txid" : "60058c589332478001c941b29092515c464cbccb121ae6034d7b0a8260b42f17",
        "time" : 1379437500,
        "tx-comment" : "",
        "timereceived" : 1379437500
    },
    {
        "account" : "",
        "address" : "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ",
        "category" : "send",
        "amount" : -9.67101900,
        "fee" : -0.00010000,
        "confirmations" : 22,
        "blockhash" : "000000004ff26e4561699e48c5e76ea18dd1d3be8fafb229c9ec157e3ed6f752",
        "blockindex" : 1,
        "blocktime" : 1379437703,
        "txid" : "3afa0591ea83339d4a57015dec8cdc6b312d146de40a56370e3b179cad161e06",
        "time" : 1379437619,
        "tx-comment" : "",
        "timereceived" : 1379437619
    },
    {
        "account" : "",
        "address" : "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ",
        "category" : "send",
        "amount" : -9.62588800,
        "fee" : -0.00010000,
        "confirmations" : 18,
        "blockhash" : "000000003cf53e3080af1baecd8b9b142d72582de951288cc4abc6565a60c4fe",
        "blockindex" : 1,
        "blocktime" : 1379438063,
        "txid" : "ae8581e7b904b02f392dee4ebdc0c66f7e53b93a29270d6e21247ce0f9beaeaa",
        "time" : 1379437800,
        "tx-comment" : "",
        "timereceived" : 1379437800
    }

It seems your rpc password is known by others. Have you changed your "rpcuser" and "rpcpassword"? Do not use the ones in the given sample config file.
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September 17, 2013, 06:13:22 PM
 #13


It seems your rpc password is known by others. Have you changed your "rpcuser" and "rpcpassword"? Do not user the ones in the given sample config file.

No one knows my server IP / rpc user and even its port. All coins were sent immediately after confirmed. Lost around 150 PPL.

BTC address: 147WCTMf94biQKCGZL39Lyr2oc3b6tj6We | LTC address: LYnpCWatYJyNKsWoNHGt4UBqVcBBP4CyGY
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September 17, 2013, 07:22:52 PM
 #14

Any ways to earn this without mining?

If everyone is thinking outside the box, there is a new box.
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September 18, 2013, 06:55:39 AM
 #15

The peoplepool is now set up!

http://coin-base.net/peoplecoin/
1% POOL FEE
Payoutsystem prop
only 50 confirms
Stratum+LP

One blockcrawlers, I also set up.
http://coin-base.net/ppl_blockcrawler/

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September 18, 2013, 08:24:38 AM
 #16

Beware, all my mined PPL coins was automatically sent to a strange address "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ".

PPL client was downloaded from Github and compiled under Linux so i think the PPL Devs are secretly stealing the coins.

.........

That would seem like a very sinister trick;

1) Launch new coin with 0 diff
2) Get many users to start mining
3) Steal confirmed coins
4) ??
5) Profit!

I think i'll be staying away from this coin...

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MONETARYUNIT
.......for Me, U & Everyone.......
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September 18, 2013, 09:23:31 AM
 #17

shenanigans

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
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September 18, 2013, 09:39:24 AM
 #18

Beware, all my mined PPL coins was automatically sent to a strange address "PPVFXzdxcH5TpGCLCUXPyCQkdu4RQ5xfNQ".

PPL client was downloaded from Github and compiled under Linux so i think the PPL Devs are secretly stealing the coins.

Are they credited in your wallet? My XPM get credited to different addresses all the time, they are taken from your addresspool, nothing to worry about.

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CaptChadd
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September 18, 2013, 12:37:29 PM
 #19

Woke up this morning to 150 Peoplecoins, so happy with that.
Sy
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September 18, 2013, 01:08:38 PM
 #20

Woke up this morning to 150 Peoplecoins, so happy with that.

Found my first block after 2h with 1300 khs solo Smiley

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