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Poll
Question: What is your favorite Proof of Stake coin?
Xcashcoin [XCASH] - 1 (0.2%)
BlackCoin [BC] - 96 (16.8%)
Nextcoin [NXT] - 105 (18.4%)
Librexcoin [LXC] - 29 (5.1%)
Yacoin [YAC] - 4 (0.7%)
Bitgem [BTG] - 0 (0%)
Tekcoin [TEK] - 7 (1.2%)
Battlecoin [BCX] - 0 (0%)
HoboNickels [HBN] - 30 (5.2%)
Stealthcoin [XST] - 8 (1.4%)
BitcoinDark [BTCD] - 12 (2.1%)
Crypti [XCR] - 5 (0.9%)
PandaCoin [PND] - 79 (13.8%)
Bottlecap [CAP] - 5 (0.9%)
BitSharesX - 38 (6.6%)
Xcurrency [XC] - 13 (2.3%)
Maieuticoin [M] - 16 (2.8%)
Peercoin [PPC] - 28 (4.9%)
Pinkcoin [PC] - 2 (0.3%)
Truckcoin [TRK] - 4 (0.7%)
Bluecoin [BLU] - 3 (0.5%)
Hyper [HYPER] - 14 (2.4%)
HyperStake [HYP] - 46 (8%)
VidioShare [VDO] - 2 (0.3%)
Paycoin [XPY] *clone coin - 3 (0.5%)
Paycoin [PYC] *original coin - 1 (0.2%)
CraigsCoin [CRAIG] - 0 (0%)
NEM coin [XEM] - 21 (3.7%)
Total Voters: 572

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Author Topic: Best Proof of Stake coins █████ Voting Poll █████  (Read 27746 times)
noerc
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October 18, 2014, 08:56:33 PM
 #141


http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#blackcoin

The author of this page didn't do anything except scan the blockchain.  Apparently knew nothing about the history, devs or great community.  Yes, there was a pre-mine but it was announced, it was open and at least a thousand of us were mining millions of blackcoins during the pre-mine.  Active devs like rat4 (PoS, PoS 2.0), David Zimbeck (BlackHalo smart contracts, NightTrader) and Blackwave Labs (Blackbit, Ruby Wallet, BC-centric Exchange) continue to work this coin.

Yet your official topic said "no premine". this smells even more like a huge coverup for a scam.

BlackCoin had no premine, and also the analysis you cited doesn't claim that. Every initial distribution model of a PoS coin happened in a short time, in BlackCoin through a short PoW phase. People quickly use the term "instamining" which is actually a term for PoW coins with a ridiculous block halvening policy.

The current distribution of BlackCoin is better than in most alt coins. Regardless if you think that BlackCoin is a good investment or not, you will hardly find a second PoS coin code base that contributed so much to the cryptocurrency community. Several coins in the voting are BlackCoin forks btw.

Pandacoin's distribution phase was 95 days long. 95 days of fair mining during our POW phase.

So, "every distribution model of a PoS coin" did not happen in a short time. Ours didn't. Smiley

That's why Pandacoin is the fairest and most secure PoS coin in the world.

noerc, what was the length of the PoW phase for BlackCoin? 

Note: I hold mostly PND, but I AM interested in the real debate and answers to this poll.  I am new enough to not be opinionated yet.

Nice to hear that Pandacoin had a long PoW phase. I think miners generally have a more speculative incentive when mining a PoS coin that is in PoW phase compared to when mining a PoW coin. It will be interesting to evaluate in a year how different distribution phases influenced the final distribution.

BlackCoin had 10000 PoW blocks, the first was mined on 24th of February and the last was mined on 1st of May (60 sec block time). Each PoW block up to block 5000 contained 10000 BC, which was then halved to 5000 BC until block 10000, resulting in a total cap of roughly 75M BC. A giant hype after the PoS phase was entered lead to a massive raise and sell off which further influenced the distribution (hard to say how exactly).

My personal opinion is that once there is one PoS coin that attracts a market capitalization similar to Bitcoin then there will be a storm of people trying to exploit every critical aspect of the protocol that exists. And there are well known problems with PoS. Focusing the development on security is much more important in PoS coins than in Bitcoin, and even there it is the primary topic. And I see BlackCoin following exactly this path.
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October 18, 2014, 09:42:01 PM
 #142


http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#blackcoin

The author of this page didn't do anything except scan the blockchain.  Apparently knew nothing about the history, devs or great community.  Yes, there was a pre-mine but it was announced, it was open and at least a thousand of us were mining millions of blackcoins during the pre-mine.  Active devs like rat4 (PoS, PoS 2.0), David Zimbeck (BlackHalo smart contracts, NightTrader) and Blackwave Labs (Blackbit, Ruby Wallet, BC-centric Exchange) continue to work this coin.

Yet your official topic said "no premine". this smells even more like a huge coverup for a scam.

BlackCoin had no premine, and also the analysis you cited doesn't claim that. Every initial distribution model of a PoS coin happened in a short time, in BlackCoin through a short PoW phase. People quickly use the term "instamining" which is actually a term for PoW coins with a ridiculous block halvening policy.

The current distribution of BlackCoin is better than in most alt coins. Regardless if you think that BlackCoin is a good investment or not, you will hardly find a second PoS coin code base that contributed so much to the cryptocurrency community. Several coins in the voting are BlackCoin forks btw.

Pandacoin's distribution phase was 95 days long. 95 days of fair mining during our POW phase.

So, "every distribution model of a PoS coin" did not happen in a short time. Ours didn't. Smiley

That's why Pandacoin is the fairest and most secure PoS coin in the world.

noerc, what was the length of the PoW phase for BlackCoin? 

Note: I hold mostly PND, but I AM interested in the real debate and answers to this poll.  I am new enough to not be opinionated yet.

Nice to hear that Pandacoin had a long PoW phase. I think miners generally have a more speculative incentive when mining a PoS coin that is in PoW phase compared to when mining a PoW coin. It will be interesting to evaluate in a year how different distribution phases influenced the final distribution.

BlackCoin had 10000 PoW blocks, the first was mined on 24th of February and the last was mined on 1st of May (60 sec block time). Each PoW block up to block 5000 contained 10000 BC, which was then halved to 5000 BC until block 10000, resulting in a total cap of roughly 75M BC. A giant hype after the PoS phase was entered lead to a massive raise and sell off which further influenced the distribution (hard to say how exactly).

My personal opinion is that once there is one PoS coin that attracts a market capitalization similar to Bitcoin then there will be a storm of people trying to exploit every critical aspect of the protocol that exists. And there are well known problems with PoS. Focusing the development on security is much more important in PoS coins than in Bitcoin, and even there it is the primary topic. And I see BlackCoin following exactly this path.

Thank you!
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October 19, 2014, 02:13:57 AM
 #143

LibrexCoin all the way!
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October 19, 2014, 02:27:21 AM
 #144

LibrexCoin all the way!

I have taken it upon myself to ask questions.  To help educate me.  Why Librexcoin?
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October 19, 2014, 03:59:31 AM
 #145

Not true. Maieuticoin was also 100% mined out as MMXIV before the switch to Maieuticoin

I would also argue all day about the most secure. Not only are we forked from the newest PPC directly (not a clone of a clone), but we also offer offline staking, which results in far greater blockchain security than ever seen before

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October 19, 2014, 07:03:22 AM
 #146

SUPERCOIN
https://bitcointalk.org/index.php?topic=736705.0
wnynotmakeit
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October 19, 2014, 07:13:46 AM
 #147

Pandacoin pnd
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October 19, 2014, 09:06:38 AM
 #148

BlackCoin [BC]

blkfeed.com Smiley
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October 19, 2014, 09:18:51 AM
 #149

I think it doesn't matter that most blackcoins were mined in the first days. Most of that coins are already sold and we have a good distribution now (check block explorer) - better than bitcoin is distributed. Price is also low so that you can buy decent amounts of it Smiley.

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October 19, 2014, 11:42:36 AM
 #150

OK, I needed to check my definitions.  I was calling the Blackcoin initial PoW phase the "pre-mine".  No coins were pre-mined.  At least a thousand of us or more were mining it during the PoW phase and it was announced well in advance.  BC has devs attending conferences worldwide, Coinkite adoption, multiple pairings on Bittrex, active devs and now working smart contracts.  Sorry FUDers.
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October 19, 2014, 12:28:36 PM
 #151

Pandacoin it is then.
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October 19, 2014, 01:41:32 PM
 #152

Pandacoin is obviously the best PoS coin with arguably the best dev teams (the dedication and skills) in all of cryptoworld.

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October 19, 2014, 02:07:51 PM
 #153

OK, I needed to check my definitions.  I was calling the Blackcoin initial PoW phase the "pre-mine".  No coins were pre-mined.  At least a thousand of us or more were mining it during the PoW phase and it was announced well in advance.  BC has devs attending conferences worldwide, Coinkite adoption, multiple pairings on Bittrex, active devs and now working smart contracts.  Sorry FUDers.

To clarify, no one said anything about blackcoin being premined.

There was, apparently, however, about 25 million blackcoins mined over the course of a 3 day period of time, according to the report above.

That would be considered a fastmine or an instamine by usual definitions.

Unless that report is incorrect.

Pandacoin Intergalactic Craft ready for full burn. Commencing diagnostic sequence.
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October 19, 2014, 02:38:07 PM
 #154

Not true. Maieuticoin was also 100% mined out as MMXIV before the switch to Maieuticoin

I would also argue all day about the most secure. Not only are we forked from the newest PPC directly (not a clone of a clone), but we also offer offline staking, which results in far greater blockchain security than ever seen before

I am new so sorry if this is a dumb question.  Wouldn't offline staking easily confuse a lost wallet with offline staking and then really be wrong on the blockchain security /distribution?
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October 19, 2014, 03:18:50 PM
 #155

Voted Librecoin. It's the mobile friendly coin and has a great dev team.  Grin
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October 19, 2014, 03:25:52 PM
 #156

LXC is my choice

Same for me but it doesn't let me vote. Boo hiss!


Same here . I'd vote and vote for LXC but I can't. Undecided

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October 19, 2014, 03:28:05 PM
 #157

OP, how about you remove some of the coins that have 0 votes and add some that people here have actually recommended be added to the poll?

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October 19, 2014, 04:10:46 PM
 #158

I was really surprised that PandaCoin is so popular Smiley.

1. It seems to be a fair coin. I will buy some of them.
2. What has the panda to do with money? Has it any special markets? Or is it just the panda because everybody likes pandas? Grin

Thank you.

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October 19, 2014, 04:23:05 PM
 #159

I was really surprised that PandaCoin is so popular Smiley.

1. It seems to be a fair coin. I will buy some of them.
2. What has the panda to do with money? Has it any special markets? Or is it just the panda because everybody likes pandas? Grin

Thank you.


Couldn't agree more Smiley.  The physical panda coin is actually a Chinese bullion coin and PandaCoin has a strong and active community in Asia.  And yeah, everyone likes pandas Wink
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October 19, 2014, 08:14:43 PM
 #160

Fibre
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