Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 105. (Read 684839 times)

Very good!

Please do more reviews of such services, even planned. Information reason - a reason for interest. "The rumors are buying."
But why USD? Why cling to the virtual and the most controlled currency? Why not share on CNY, RUB, perhaps IQD? An alternative way to share would be greatly needed and intermediaries in the form of USD, here is not required!
Trans Pacific trade exceeded Trans Atlantic.
If the currency is experimental, let's experiment!

In the case. Let's do a fund for the promotion of development and public relations, at least the public account. The vote will decide where the money will go.

I have to disagree on that though. You don't have to invent the wheel (and in this case the infrastructure to convert fiat into cryptocurrency) twice. Let BTC handle that.

What needs to be defined is a niche in which PPC can thrive. Something a big cryptocurrency is inherently bad at. Think about it. I haven't.

+1

Mech, I appreciate your inputs, I actually pretty much agree with most of what you said.

Of course it would be nice to have people holding lots of PPC to jump start say a payment processor and promote it to businesses. But it's not easy, it's a lot of risks to take on such a project for entrepreneurs. So far LTC with its $2m market still doesn't seem to have one. But there certainly can be smaller steps that each of us can take to promote ppc, I am trying my best to do my part. I hope all of you holding ppc also try to contribute some efforts, doesn't have to be major but little by little I think eventually we will get there.

As to USD trade, neotrix said his new exchange would support PPC/USD pair.

I also agree with Jutarul that a correction could be healthy. In fact talking about correction I don't think ppcoin has even corrected that much in terms of USD, but in terms of BTC it looks not good, as speculators trying to raise cash to chase the momentum in BTC/LTC. But remember even the mighty BTC once corrected from $30 to $2, just to put things into perspective. Recently DVC and other smaller altcoins like FRC all dropped against BTC. So far I don't see them giving up in frustration either.

Sunny! You certainly programmer and mathematician higher level, but you must understand, PPCoin able to benefit people, not only as a pretentious abstraction, but as a tool for business.

We are now at an impasse. And it is understood by all who collected / extracted significant amounts of PPC
They do not cash out, it is time. And if you do not cash out, then it makes no sense to produce more. If there is no production network will collapse, stagnation and death.
We can say the currency is on the verge of profitability of 50% of BTC.

So, the only way out for all shareholders - to invest in infrastructure. I'm not a programmer, I do not know how to write web gateways. But programmers have to adapt and work gateways BTC easier than designing from scratch.

The first thing in my opinion - to disengage from BTC - he would kill us.

PPC shall be freely convertible!

Open exchanger for real currency, with minimal interest!

The main idea of ​​crypto-currency should be in first place (anonymous transactions) First! Then start the exchange, along with it will increase circulation, and even then the interest and capitalization.

Glad to hear that. Although I didn't doubt your commitment.

The downward market correction is probably a healthy situation, because it discourages speculators and allows the coins to be redistributed to the people with a more technical background, and the ability to analyze the cryptocurrency. This is in particular important since the POS concept is still under scrutiny.

That said - there may be a bit disillusionment going on by realizing that it's not the cryptocurrency alone which makes it money. There have to be people willing to exchange them for goods and services.

It is very important that we keep the development of alternative cryptocurrencies alive, for the sake of the concept of cryptocurrencies.

http://satoshiroulette.com/?mode=PPC
Hey, don't throw all your hard earned ppcoins away 

Sunny, what is the addres of SRoulette ?

I would like to address this sentiment, because I think mech is probably not the only one feeling disappointed.

I care about ppcoin project a lot. But that alone wouldn't determine the market for ppcoin. Most people can see how much work I have put into this project if they pay attention. If you think the project would be abandoned by me just because money is only flowing to BTC and LTC right now, you are very wrong.

I have repeatedly warned investors about risks. One should only invest what one can afford to lose 100%. Am I disappointed about the recent market dynamics? Yeah sure who wouldn't? But so what?! I wasn't in this project for profit in the first place. I consider ppcoin some of the best works I have done in my career, even though it doesn't pay me salaries. I will definitely produce more good work in the future. Just last few days I started official faucet on website.

Looking around, I think it's fair to say that ppcoin is one of the most active project in altcoins and one of the most innovative. I am set to continue on this path.

P.S. PPC is currently suppported by 3 exchanges, and SRoulette accepts PPC bets. Neotrix's new exchange will soon open with PPC support as well. If you want to see more infrastructures, why don't you start a thread about it to show some interest? Maybe people would then take note and start working on it.

http://ppcpool.bitparking.com

ppcoin.org is up now.

ppcoin.org currently down. working with hosting support.

Please directly go to sourceforge/github for your need at the moment.

ppcpool.bitparking.com
coinotron is still down I guess.

No, v0.3.0 is still based on bitcoin v0.6.3.

i just started with ppcoin.
my wallet: PGckE52g6rTz4VzXfW1X93y2rMfZcyv4qS
good pool?

Updating my client now - as a quick question, some gambling websites use a patch I wrote for previous client to support some RPC's from more recent BTC client, is this forked from more recent?

Andy

This is in reply to John Vandivier's commentary on altcoins.
http://thegenerallifeblog.blogspot.com/2013/02/past-and-present-alternatives-to-bitcoin.html


Thanks John for the compliments to ppcoin project. However I'd like to point out that ppcoin is neither 'largely abandoned' nor 'poorly done'.

Yes I said ripple could potentially accomplish the energy efficiency goal as well. However the tradeoff appears to be very different. We must keep in mind that ripple in the current state is still practically centralized, with only a few validation nodes all controlled by OpenCoin. For ppcoin even though the level of decentralization is lower than that of bitcoin, for the protection of initial bootstrapping of the network, the degree of decentralization is still a lot higher than ripple as of now. Ripple's design is still far from tested as to its robustness and ability to decentralize. There is operating concerns as well regarding how many such ripple validation nodes would eventually be maintained by public since there is no clear incentive for people to do so. Also unlike ripple, ppcoin was released without any centralized issurance (that's why ppcoin kept proof-of-work). The risk profiles of the two projects are very different, both technically and politically.

Having said that, I do appreciate the work of ripple team and it's ambitions in alternative credit system (basically a return to free banking on Internet). Clearly the team behind ripple is very resourceful and brave. I sincerely wish them good luck.

But people should not interpret it as if I have 'abandoned' ppcoin project. Having just released 0.3 protocol upgrade, my long term plan is to enable database use with ppcoin. If you'd like to hear my opinion, I think ppcoin project is well-alive and promising. I feel I have it in me to contribute a lot more to the world of cryptocurrency in the future.

Best Regards,

more hashrate has joined the network in recent days.

Looks like PPC diff has started to creep up that hill again and http://ppcpool.bitparking.com/pool has gone up from 5 to  20.8
Did I miss some good news after the new version was released?
 
BTW, is there a way to track how many have switched to new client version?
Little chart pr0n perhaps?

To be honest with you I already did quite a bit extra work writing comments in the code to help readers. As a developer I have a lot of different priorities you need to understand. If you mean writing another white paper for this currently I have no plan of doing it.

My next focus is in supporting database usage in ppcoin. But I will follow up with short explanations if there is enough interest in discussing the new algorithm.