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PayProCoin (OP)
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July 22, 2014, 02:16:52 PM |
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Why not limit coin number?  PRO has an unlimited window for mining: so investing in mining infrastructure now is a sound, long-term investment. 5-minute block times create faster confirmations than BitCoin and make high-volume transactions safer. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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paypropool.com
Newbie
 Offline
Activity: 29
Merit: 0
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July 23, 2014, 04:50:03 AM |
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PAYPROPOOL.COM
* High performance, load balanced mining farm
* PROP (proportional) pool system. Equal payout for equal shares.
* Fast payouts after 32 confirmations
* Automatic miner difficulty adjustments each 30s
* Professional data center and responsive admins
* 0.5% fee : supports pool operations and development
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paypropool.com
Newbie
Offline
Activity: 29
Merit: 0
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July 23, 2014, 04:53:19 AM |
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You can rent equipment for SHA-256 mining. We recommend https://www.betarigs.com/Affordable and reliable rentals that work with most pools (not just our fantastic pool) PayProPool.com Admins |
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psychocoin
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July 23, 2014, 09:28:38 AM |
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Can PRO be merge-mined with Bitcoin and other SHA-256 coins yet?
Also, unlimited mining is gonna make quite many people skeptic, as this guarantees inflation and loss of buying power / value over time. I suggest a block reward halving every 2-4 years and no more than 1 billion coins total (after which transaction fees should be the reward), or it can get very hard to trade PRO when it is gonna be worth less than 1 satoshi :/
Think about it!
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BullFrog
Newbie
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Activity: 40
Merit: 0
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July 23, 2014, 12:50:32 PM |
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Can PRO be merge-mined with Bitcoin and other SHA-256 coins yet?
Also, unlimited mining is gonna make quite many people skeptic, as this guarantees inflation and loss of buying power / value over time. I suggest a block reward halving every 2-4 years and no more than 1 billion coins total (after which transaction fees should be the reward), or it can get very hard to trade PRO when it is gonna be worth less than 1 satoshi :/
Think about it!
yes, unlimited coin number we know from fiat money. What do you think was price of BTC today if this is unlimited ? |
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66tbird
Jr. Member
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Activity: 62
Merit: 3
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July 23, 2014, 06:25:38 PM |
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I agree, it's all about perception. I my other life I don't flip at thing that has an unlimited production.
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PayProCoin (OP)
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July 23, 2014, 07:06:25 PM |
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 Merchant Services available for PayProCoin @  Just click on the image above and signup today! |
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PayProCoin (OP)
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July 23, 2014, 07:26:01 PM |
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I will be posting a PayProCoin address which we have made up. EXAMPLE P111111111111111111111111abcde The last 5 digits are to make the checksum work, otherwise the client would reject it. I will then send 40 MILLION PRO to the address. ================================================ 2130 BTC are currently stuck in a Counterparty address, https://blockchain.info/address/1CounterpartyXXXXXXXXXXXXXXXUWLpVr================================================ If anyone has any objection to us using this method, they should post here before tomz noon. Kind Regards Darren Palmer CEO |
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brainape
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July 23, 2014, 07:43:12 PM |
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Couldn't find the meme, but whut...whut...whut?
Without having to decipher pages of replies...
The plan is to have bittrex destroy 40 million PRO? And what is the justification again?
Not razzing, just want to get the stories straight.
While I'm at it why 'coin?' Everything is coin, coin, coin. Why not just PayPro? This rose by a shorter name would smell much sweeter. Glad to see the logo isn't round at least.
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PayProCoin (OP)
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July 23, 2014, 07:54:35 PM
Last edit: July 24, 2014, 12:26:22 AM by PayProCoin |
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Couldn't find the meme, but whut...whut...whut?
Without having to decipher pages of replies...
The plan is to have bittrex destroy 40 million PRO? And what is the justification again?
Not razzing, just want to get the stories straight.
While I'm at it why 'coin?' Everything is coin, coin, coin. Why not just PayPro? This rose by a shorter name would smell much sweeter. Glad to see the logo isn't round at least.
We are destroying 40 Million PRO (half premine) as it was deemed the premine was too high. Well, since you asked: it is not the first use of the compound word PayPro in human history so it is differentiated by its object name as a suffix. |
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jc12345
Legendary
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Activity: 1638
Merit: 1013
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July 24, 2014, 12:19:46 AM |
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Will it still be Bittrex that does the destruction act by sending the coins to the address or will it be yourself? Will it be possible for someone to get that address when they create a new wallet?
The accepted method for destruction is to send the coins to Bittrex and let them destroy it.
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abc333
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July 24, 2014, 12:31:41 AM |
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No gift promotion seems to be more difficult?
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ctya
Member
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Activity: 297
Merit: 30
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July 24, 2014, 12:35:32 AM |
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And it looks like someone sent 1 coin just to make sure it is a valid address on the PRO network  So now there is 40Million and 1 PRO at this address! That must be the same people that think there are too many coins and then complain that there are not enough people selling on the exchanges. This coin gets more scarce every day! |
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PayProCoin (OP)
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July 24, 2014, 12:37:11 AM |
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Will it still be Bittrex that does the destruction act by sending the coins to the address or will it be yourself? Will it be possible for someone to get that address when they create a new wallet?
The accepted method for destruction is to send the coins to Bittrex and let them destroy it.
I have been trying to get BittrexExchange to destroy the coins for a week but they have been very busy with exploding wallets The method chosen is one that has been successfully used before. The chances of somebody acquiring the private key for the following address is probably in the billions-1. Kind Regards Darren |
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htsy585
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July 24, 2014, 01:07:39 AM |
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Now it is difficult to find a good coin.Looking forward to a better promotion.
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PayProCoin (OP)
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July 24, 2014, 03:06:38 AM |
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#VotingMintpalCurrently positioned @ 26 out of 512 Coins Only a few weeks left before voting changes @ Mintpal If you want PayProCoin on MintPal - VOTE NOW! https://www.mintpal.com/voting#PROPayPro Admin
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psychocoin
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July 24, 2014, 03:45:02 AM |
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Nice to see some buying volume in response to the premine burn. You really wanna make that news more visible. The first post in this thread should always be up to date with the latest news!
And once again - could we merge-mine PRO with BTC and other SHA-256 coins?
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titty2007
Newbie
Offline
Activity: 20
Merit: 0
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July 24, 2014, 08:20:07 AM |
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I have deposit in this MARKET my CRYPTCOIN , but i don't see in BALANCE nothing. The wallet address have yet MY CRYPTCON that are not yet sloled. Any can help me to recover my CRYPT ? Thanks. Roll Eyes Roll Eyes Titty2007 |
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