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Topic: [ANN] [ppal] PayPal Crypto --- Official Announcement (Read 2712 times)

full member
Activity: 210
Merit: 100



1-Introduction:

PayPal Crypto allows you to move money over the internet similar to E-Currency like Perfect Money, OkPay, Western Union etc. but with many improvements add with encrypted technology, including fast transactions with minimal or no fees.
Paypal Crypto have no boundary, no restrictions, no frozen account and no country ban policy because its decentralized electronic cryptocurrency & its your own currency you have to freedom, you have to choice, you have to option what ever you want you can do! send, receive & trade your money every where- any where with your own choice without any one interruption & irrevocable transactions with privacy, impossible to identify because its the PayPal Crypto your own bank with your own policy.

2-Mining:
Mining is the most important thing to create value for a coin the process of adding transaction records to public ledger of past transactions, miners will become the coin more stronger & secure.
33 Million Paypal Crypto Coins will be created in 33 years with most advanced algorithm X11, production decreases halving in every year.

3-PayPal Crypto Specifications:

Name:  PayPal Crypto
Ticker:  ppal
Algorithm:  X11
Network:  POW
Confirmations:  6 network confirmations
Block Time:  60 sec / 1 minute
Block Size:  1 MB
Block Reward:   21 coins per block
Difficulty Retarget:  Kimoto Gravity Well (every block)
Halving:  Every year (every 525600 blocks)
Trade Fee:  upto 0.1
Withdraw Fee:  upto 0.2
Pool Fee:  upto 0.2
Total Supply:  33 million
Premine:   33% / 10.89 million
P2P Port:   6655 (Testnet 16655)
RPC Port:   6665 (Testnet 16665)

4-Distribution:
0.89 Million PPAL reserved for development team. ( To Cover Expenses )
2.0  Million PPAL for network Stability.  ( To Maintain Services, Coin Price Stability & Acceptance )
3.0  Million PPAL has been reserved for Merchants. ( To Cover loss by Fluctuation of Coin Rate )
5.0  Million PPAL is being kept as PayPal Crypto Foundation/Aid. ( PayPAl Crypto Financial Aid will be in Bitcoins )


Official Website:       http://www.ppalcrypto.com/
Github:                   https://github.com/PayPalCrypto
Windows Wallet:      Done  (download from official site)
Mac wallet:             Done  (download from official site)
Linux wallet:            Build from https://github.com/PayPalCrypto/ppalcrypto.git
Paper wallet:           Done  (download from official site)
Exchanges:              Coming Soon..........
Merchants:              Coming Soon..........  




I am doubt you are official people from paypal service, there are no announcement from paypal via email if there are news, for other users please share the informations if It is true, becareful with this one and i will search other info and making updating on here.
member
Activity: 106
Merit: 10
has any relation with paypal?
copper member
Activity: 1050
Merit: 500
WOW! this thread is so popular I read comment ranging from newbie to legendary, seems the PR of this coin is great Cheesy  It attracted different rank as audience and further more this project developer / owner will sure have an invitation requested by paypal itself.  Such a great PR!  I congratulate you on that Dev  Grin
member
Activity: 108
Merit: 10
what n azzhoe
sr. member
Activity: 742
Merit: 251
Did you break development?
legendary
Activity: 3346
Merit: 1214
Site is not yet officially launch but when it does I'm sure the next email will come from paypal i hope they managed to keep their identity  hidden or they will be in real trouble I'm 100% sure of that.the last one of I remember was coinnye
hero member
Activity: 882
Merit: 500
where this bounty
full member
Activity: 174
Merit: 100
A Coin A Day Keeps The Cold Away.
Let me be first to say, "Get a lawyer."

A brand new copycat shitcoin with a huge premine, a newbie BCT account and maximum exposure to PayPal lawyers.
What could go wrong? LOL

PS: Wouldn't be surprised if wallet is delivering some free "extra functionality" to its idiot miners...
legendary
Activity: 1932
Merit: 1003
legendary
Activity: 3346
Merit: 1214
This one will soon crumble in a matter of time,participants will have a hard time dealing with paypal when it finally take action on this blatant copyright infringement,so beware..
legendary
Activity: 2450
Merit: 1047
no relation with paypal, just use popular paypal brand for this coin

All brands had copyright associated with it,they had an in house lawyers or ready lawyers who are the best in this kind of business,so I can even if you are an unknown they will avail of people who can and will trace you so they cam slam you with lawsuits..
full member
Activity: 159
Merit: 100
Naahh..
Scam coin or Shit coin, still.. soon or later somebody will mine it, no matter what.
Cause they just care for coins not anything contains on wallet or the network it self.

If somebody concern about how secure, (imho) you may please to investigates more details and build a site for it and list the details soon for any new/updated coins released.
Take donations for your work, it might be useful for everybody.
full member
Activity: 196
Merit: 100
it will not grow if only name is paypal. more info
hero member
Activity: 1274
Merit: 521
7enius - Your Cryptocurrency Marketing Consultant
no relation with paypal, just use popular paypal brand for this coin
hero member
Activity: 672
Merit: 500
Why are you using the Brand Name of "Paypal"? You can't able to found good name for your coin?

Think different, create your own brand!!
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
I mean we're trying to get away from services like paypal as far as we possibly can so why the hell would we mine/use this?
hero member
Activity: 924
Merit: 520
Account : First post.
Grammar : Does not compute.
Technology : Of a dinosaurus.



Such future wow. SHUT UP AND TAKE MY MONEY ! (only in 2011 it would work).

Nicely summarized fact;) Moreover "PAYPAL" will be highly interested in this endeavor if ever this one materialized:) "Lessons in IPR 101"  Smiley
full member
Activity: 157
Merit: 100
You will get a legal problem using Paypal name, also, this is a SHITCOIN! hahaha
The high levels of shit will probably be the saving grace
legendary
Activity: 3262
Merit: 3675
Top Crypto Casino
That's how you have to be "smart", that only started its work in creating a crypto-currency, so screw it up?
You seriously their coin called PayPal? )
Developer, who are you? What are your past projects?
full member
Activity: 196
Merit: 100
You will get a legal problem using Paypal name, also, this is a SHITCOIN! hahaha
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