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leannemckim46
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November 05, 2013, 02:45:54 AM |
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PJcwapgKp7qjLDTMBQwwrsLLf9rqmhGTDn
Thanks...
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aldrin
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November 05, 2013, 04:09:11 AM |
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PKtJGGe29tF9Xn39cF5qgZ5GEHP3tKehoF
POS is better than POW. It obviously favors those with bigger stakes. So what, it's still better than POW - that favors ASIC insanity!
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kylie.v
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November 05, 2013, 06:43:05 AM |
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Agree!
PENa7J9ZtDTLLbnPaDkWPp5kRoL3uERkp1
Thanks
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MelodyRowell
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November 05, 2013, 08:45:40 AM |
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PPDFaHn8b3Fg9hMdFdP5vK7K8NsGkTgQst
Tq
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waltermot321
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November 05, 2013, 09:34:13 AM |
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PCsszTVWJUNLE9kAq3zRJoRtUKgtT7JLnk
Tq
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Kimowa
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November 05, 2013, 02:33:23 PM |
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PCsrqLLV1pX9xQAvCMwr6vbdYEwynEihpz
Tq
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Nixzor
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November 05, 2013, 02:58:20 PM |
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PLS8WqEu7Fff5QTr1gX5jGUmpM8nbkrNu1
thanks
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PeercoinEnthusiast (OP)
Full Member
 Offline
Activity: 126
Merit: 100
JustabitofTime - Co-Founder of CoinTropolis
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November 05, 2013, 03:07:48 PM
Last edit: November 05, 2013, 03:26:59 PM by PeercoinEnthusiast |
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Coins updated, new coins will be available with the next q/a.
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JustaBitofTime - Co-Founder of CoinTropolis - Currently assisting Nxt
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Exocyst
Sr. Member
Offline
Activity: 266
Merit: 250
Science!
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November 05, 2013, 03:22:50 PM |
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Neither the rich nor poor are getting richer with proof-of-stake—PPCoin is an inflationary currency. Some people are losing due to inflation, though—those who are not minting with their coins (such as, cryptocurrency traders holding coins in online wallets).
PWDBH1BcbEEo5B3Ed5f4smoj7eZpgNspWb
Edit: Sorry I answered an old question.
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Kimowa
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November 06, 2013, 12:23:57 AM |
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PS4QNQejRQ1JgR2Nm61EvxVFGFoMDP7LTQ
Tq
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Sythyn
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November 06, 2013, 12:35:25 PM |
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P9TK2SeW92xqqrkocx2H9k2Fdx8QahwNzn
Tq
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Klubknuckle
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November 06, 2013, 02:04:03 PM |
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PPiWiveKwgxaknU5pD7mEC7CZ4UKoEE4WP
TQ
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SquallLeonhart
Legendary
Offline
Activity: 2310
Merit: 1101
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November 07, 2013, 01:07:26 AM |
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PBqMGHo3ENuTgVp9CBFxswchCq4nJ32XsY
Tq
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Emzor
Newbie
Offline
Activity: 12
Merit: 0
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November 07, 2013, 01:29:00 AM |
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PWz8G3WDMrSC9UvC7mcA2XkkxpYLYyrHy1 Thanks ! Im mining with erupters @ d7  |
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Zawamiya
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November 08, 2013, 12:59:16 AM |
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PJFcjHsa7Ln5Ck12yrgqwHLLV6vwvbtCzk
Tq
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Gorgoy
Member
Offline
Activity: 115
Merit: 10
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November 08, 2013, 02:20:08 AM |
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I think "the rich get richer and the poor get poorer" is stupid ideological nonsense in the first place. In a pure PoW coin, the rich get richer too. Or do you think the poor can afford high-end mining hardware?
In addition to what belltown has said I'd like to point out that PoS most likely makes a coin more stable than PoW with a hard cap on coin supply. Cryptocoins, like "real" money, get lost (in the sense that once a private key is lost the coins belonging to its address are effectively removed from the market). Therefore, pure PoW coins with a hard cap on coin supply effectively suffer from deflation. This is countered by PoS minting.
PJe3dhXv4hBwtCSf6PSf9i68Hf3uqdTAyd
I absolutely agree, Miners are not poor, at the current hashrate do you think poor person with a slow CPU could mine anything? Where is the democracy in that? POS is fair and I like it. I do not own much PPC but I agree with the concept and POS. Is you have people holding onto the coin, it gives the coin value, they believe in it and are holding it. They are also proving block chain work with POS so are making the network much more stable and safe, they deserve to get some coin for the work that they provide and the total overall stability to the network that they provide. |
Ɏ : YEojPD2QxFVaSUypTLYhwJgmVekqoAtdE3
฿ : 1946hwLbBdLNSA1FFUY3ZvRx6j6dqvbzcE
Ł : LczTrStBZ8b1Y4DJU59CjtYRtjKufbTXPE
Ғ : 6i4S4BfHfC9LLmTBhjYDVKe7g8XfPz9uj8
Ψ : AGpoWwc6N59PPqKbzRTAiFG5WmDEQU7Ydp
ζ : ZLYFK2KNrFDDGVbEJPKnTdWuGk3iA3CNY2
G : GQbjHcGPgUwRBKZcdoMCpuf24QSXY5t5bf
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sdp
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November 08, 2013, 02:43:16 AM |
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It is impossible to favor the poor with out some kind of identity system for a rich person can simply spread his crypto-money amoung several wallet addresses and appear to be many poor people. PoW favors those with more money much more so than PoS.
The Bitcoiin economy is very deflationary right now, I think even as adoption levels out to whatever it will be: 3%, 30%, whatever. There is a force driving up its price: new people joining the economy providing labor for fewer and fewer bitcoins.
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Coinsbank: Left money in their costodial wallet for my signature. Then they kept the money.
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Jimmy2011
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November 08, 2013, 03:39:19 AM |
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Thanks.
Received my 1PPC for the 2nd batch.
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TheDragonSlayer
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November 08, 2013, 01:36:47 PM |
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PT6sfHtQTPN7PSPNxT6pg6TBW6ypTVZ3Ab
TQ
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JessicaSe
Legendary
Offline
Activity: 840
Merit: 1000
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November 09, 2013, 03:15:26 AM |
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PEMnkKxHgD39EL68ghLnxVwM4D53JGeUnW
Tq
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