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Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 103. (Read 684839 times)

donator
Activity: 994
Merit: 1000
You probably have heard it a thousand times already, but i would also like the name to be changed.
I agree. Perhaps Sunny could hold a poll to get the communities opinion.
Guys, please... if you have no bigger issues. A fancy name won't make the coin fly. And if it flies, the name doesn't matter. As far as I am concerned the name could be Crapcoin, and I would treat it the same.
legendary
Activity: 1344
Merit: 1001
You probably have heard it a thousand times already, but i would also like the name to be changed.

PPC has by far the most interesting design out here, but i just can't take the name seriously. It's something small, but as long as people feel weird about the name, they will really hold back on embracing it.
Rebranding (if at all possible, i don't know the details of how that would work) would probably improve the popularity a lot.
Make sure you do this right though, don't just change the name without anouncement, make sure to inform people on beforehand so they don't go like "hu where did PPC go? :p"

Kind regards


I agree. Perhaps Sunny could hold a poll to get the communities opinion.

I quite like StakeCoin as a name as it captures the innovative concept of the coin in the name. Any other announcements could come along with the name change to give it extra impact. You could even say PPCoin was the 'beta' name?

PPCoin has a bright future. It's trending upwards in google searches dramatically and imo it's the only other viable alternative currency besides Litecoin.
sr. member
Activity: 323
Merit: 250
You probably have heard it a thousand times already, but i would also like the name to be changed.

PPC has by far the most interesting design out here, but i just can't take the name seriously. It's something small, but as long as people feel weird about the name, they will really hold back on embracing it.
Rebranding (if at all possible, i don't know the details of how that would work) would probably improve the popularity a lot.
Make sure you do this right though, don't just change the name without anouncement, make sure to inform people on beforehand so they don't go like "hu where did PPC go? :p"

Kind regards
hero member
Activity: 560
Merit: 500
If you're willing to rebrand, I can get some award winning designers work on the rebranding.

EDIT: Bummer, saw your stance on this matter. Well, if you're willing to reconsider, the offer stands.
legendary
Activity: 1205
Merit: 1010
Will a verison of ppcoin with getblocktemplate/submitblock support be coming out any time?

Yes, refresh to bitcoin v0.7 should come in the next release, likely within a couple months. I'd like to fully understand the impact of BDB limit from bitcoin's side first.
legendary
Activity: 1078
Merit: 1005
Will a verison of ppcoin with getblocktemplate/submitblock support be coming out any time?
donator
Activity: 994
Merit: 1000
Also do let us know if you have a plan for getting rid of checkpointing.
I started a discussion about the design of a tournament net, where checkpointing should be disabled. The purpose is to collect empirical data for strengthening the design and the confidence in the POS scheme. If you have ideas and are interested please leave a post in: https://bitcointalksearch.org/topic/m.1621726
legendary
Activity: 1205
Merit: 1010
I am sorry regarding the name I already said it should be as it is, so let's move on.

As for checkpoint, I am not in a hurry to weaken it as it was the mechanism to defend the last known vulnerability. Eventually it would become not enforced but only advisory. But we are still far from there in my opinion.
sr. member
Activity: 342
Merit: 250
The name can be changed I think, on the next update for example, it would just take a while for people who are familiar with it to get used to it. But we're at the point where not many people know about PPC so rebranding shouldn't be too hard, I think most that do know about PPC also are connected enough that they'd hear about a name change coming. ECOin is not a bad idea. You could open up a naming competition on here and users submit ideas and then have a poll, keeping PPC could be an option there as well.

Anyway Sunny I do hope you at least consider! I'd really like to see this succeed and that's the only reason I'm speaking up. Ditto for a website redesign.

Also do let us know if you have a plan for getting rid of checkpointing.
legendary
Activity: 2940
Merit: 1090
There are a few candidates that maybe can claim to be green, ripple, qubic, timekoin etc., ripple being the most serious project along this direction.

Hey now! Merged mining is a recycling movement!

Refuse, Reduce, Reuse, Repurpose, Recycle, Rethink!

-MarkM-
legendary
Activity: 1205
Merit: 1010
We are invited by Bitcoin Foundation to the May 2013 Conference in California USA (http://www.bitcoin2013.com/) for a panel discussion on altcoins.

If any one of you is planning to go to the conference and is reasonably familiar with ppcoin's proof-of-stake concept and design, you are welcome to volunteer because I wouldn't be able to go. I can help to gather some talk points if there is volunteer to present ppcoin.

Thanks in advance,
legendary
Activity: 1205
Merit: 1010
PPC can't be that bad, it has been used by Apple before, no?  Wink

As to terracoin, I have never heard of anybody claiming it to be 'green'. It was just a simple bitcoin clone, not much else. There are a few candidates that maybe can claim to be green, ripple, qubic, timekoin etc., ripple being the most serious project along this direction.
sr. member
Activity: 473
Merit: 250
Sodium hypochlorite, acetone, ethanol
i thought the name cannot be changed (in the beginning people didnt like the name because it made them think of paypal, and than some , but for some reason it isnt changable) , and there is also terracoin claiming to be green.  ... i'm not sure tho , still i think ppcoin has gotten some awareness which will be lost, with name changing


edit: you already asked 6 months ago https://bitcointalksearch.org/topic/m.1242503 
member
Activity: 115
Merit: 10
Thanks for your continued hard work on this project, Sunny, and congrats on patching up the vulnerability over generating POS blocks. I'm still a believer in POS as an efficient solution for cryptocurrency and I think PPC is an honest and promising implementation, much moreso than NVC it seems.

Is there any update on when we can expect PPC to move off checkpointing? It will be a big step forward.

My wishlist for PPC right now is a rebranding/redesign of the name and website. I've noted here before that "pee pee cee" and "pee pee coins" are clunky-sounding when spoken out loud. I'd rather have a name that highlights the coins unique features, such as energy-efficiency, and doesn't have any negative or humorous connotations. "GreenCoin" or "StakeCoin" are some simple names that come to mind, but there are probably better potential names that are more subtle. I'd be happy to brainstorm some more if you're interested. I strongly believe a different name could help a lot in appealing to a broader base of users.

I'd also love if the website were cleaner and simpler and presented more information about PPC in a straightforward and succinct manner. Currently there is just the white paper and I don't expect the casual browser to go into any detail reading that. The website is responsible for many important first impressions and currently it is cryptic and confusing.

I'd be more than happy to help with any of this, I do some web design and I wouldn't mind contributing towards the redesign of a website. Feel free to contact me.

GreenCoin, good idea! May be "ECOin" ?
sr. member
Activity: 342
Merit: 250
Thanks for your continued hard work on this project, Sunny, and congrats on patching up the vulnerability over generating POS blocks. I'm still a believer in POS as an efficient solution for cryptocurrency and I think PPC is an honest and promising implementation, much moreso than NVC it seems.

Is there any update on when we can expect PPC to move off checkpointing? It will be a big step forward.

My wishlist for PPC right now is a rebranding/redesign of the name and website. I've noted here before that "pee pee cee" and "pee pee coins" are clunky-sounding when spoken out loud. I'd rather have a name that highlights the coins unique features, such as energy-efficiency, and doesn't have any negative or humorous connotations. "GreenCoin" or "StakeCoin" are some simple names that come to mind, but there are probably better potential names that are more subtle. I'd be happy to brainstorm some more if you're interested. I strongly believe a different name could help a lot in appealing to a broader base of users.

I'd also love if the website were cleaner and simpler and presented more information about PPC in a straightforward and succinct manner. Currently there is just the white paper and I don't expect the casual browser to go into any detail reading that. The website is responsible for many important first impressions and currently it is cryptic and confusing.

I'd be more than happy to help with any of this, I do some web design and I wouldn't mind contributing towards the redesign of a website. Feel free to contact me.
sr. member
Activity: 448
Merit: 250
and yes I think there is also an issue of micro change in the btc client btw.
legendary
Activity: 1205
Merit: 1010
what is considered a micropayment? , or different question: what is the smallest amount possible to pay?  wouldnt this just make the number of digits behind the dot less   (0.0001 instead of 0.00000001)?   I dont really understand most of this , probably should read more about it .. my guess would be a micropayment is the smallest possible amount you're able to send, so i just dont really understand "micropayment has to go"  , if you are making micropayments bigger, they are still micropayments , no?   i guess im wrong here and there..

It's true that ppcoin effectively only accounts to cent, although it can support upto uPPC (1 millionth) in calculations. This allows users to send amounts like 0.010001, so they still have some room for their 'micro-transaction communications'. Also makes it easier to lower the minimum txout value in a hard fork.

By having a minimum send value enforced, it just means ppcoin does not support sub-cent micropayments. So far nobody has complained this to me, so I think really the impact to users is minimal.
legendary
Activity: 1205
Merit: 1010
Regarding block chain size, I observe there are a couple lines of possible development in this front:

1) Ultraprune in bitcoin (large downloadable checkpoint of unspent outputs)
2) Balance based ledger block (this approach seems to have been taken by ripple)
3) Relocating unspent outputs forward in block chain

I am favoring 3) because of ease of implementation.

Initial blockchain download is necessary only to verify that current UTXO set is correct.

If that isn't your concern, you can just get current UTXO set and hope it is correct.

So (3) solves approximately nothing.

The best approach is for miners to maintain UTXO set in form of a tree and link it from blocks.

This way anybody can do anything they want without even downloading the whole thing.

You are too quick dismissing the 3rd option. If everyone gets current UTXO set and trusting other nodes for it what's the implication on security and decentralization?

Where option 3) allows us stay true to the current security model where checkpoints and active part of the block chain guarantees your block index to be correct.
legendary
Activity: 1022
Merit: 1033
Regarding block chain size, I observe there are a couple lines of possible development in this front:

1) Ultraprune in bitcoin (large downloadable checkpoint of unspent outputs)
2) Balance based ledger block (this approach seems to have been taken by ripple)
3) Relocating unspent outputs forward in block chain

I am favoring 3) because of ease of implementation.

Initial blockchain download is necessary only to verify that current UTXO set is correct.

If that isn't your concern, you can just get current UTXO set and hope it is correct.

So (3) solves approximately nothing.

The best approach is for miners to maintain UTXO set in form of a tree and link it from blocks.

This way anybody can do anything they want without even downloading the whole thing.
sr. member
Activity: 473
Merit: 250
Sodium hypochlorite, acetone, ethanol
It's much less costly to spam a new coin so I had to strengthen this part to counter certain class of spamming attack. Although people would argue that allowing tiny output value may open up to some good applications but in my opinion spamming is a serious issue so micropayment has to go.

what is considered a micropayment? , or different question: what is the smallest amount possible to pay?  wouldnt this just make the number of digits behind the dot less   (0.0001 instead of 0.00000001)?   I dont really understand most of this , probably should read more about it .. my guess would be a micropayment is the smallest possible amount you're able to send, so i just dont really understand "micropayment has to go"  , if you are making micropayments bigger, they are still micropayments , no?   i guess im wrong here and there..
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