Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 115. (Read 684839 times)
November 09, 2012, 11:18:03 PM
Sure of course I will comment in its dedicated thread when I get to think about it
November 09, 2012, 11:13:28 PM
Not right now. I saw you made some good proposal in the other thread. I will be cautious about this so when I get some time I will evaluate different options.
Great. When the time comes, I hope there can be a public discussion.
November 09, 2012, 11:09:42 PM
Not right now. I saw you made some good proposal in the other thread. I will be cautious about this so when I get some time I will evaluate different options.
November 09, 2012, 10:45:47 PM
Sunny, are you working on anything to help protect stake signers against theft?
It is pretty important that people with large balances feel that the benefits of stake block generation (interest) exceed the costs (theft risk).
It is pretty important that people with large balances feel that the benefits of stake block generation (interest) exceed the costs (theft risk).
November 09, 2012, 09:40:58 PM
I have done some work on the qt to allow gui users to properly see stake transactions. Total stake amount is also added to the overview page.
Expect v0.2.2 release next week to include this improvement. However there will be no official build support of qt-gui for v0.2.2 and users can self-build or acquire community released builds.
Expect v0.2.2 release next week to include this improvement. However there will be no official build support of qt-gui for v0.2.2 and users can self-build or acquire community released builds.
November 04, 2012, 09:38:36 PM
October 30, 2012, 04:50:56 AM
K hope you do 
October 30, 2012, 04:01:15 AM
How much PPC do you want for your silver eagle ?
I'll make a thread if I decide to sell some.
October 30, 2012, 02:07:27 AM
How much PPC do you want for your silver eagle ?
October 29, 2012, 08:57:36 PM
Awwww wierded or scared? 
Both.
Do I dare ask if you own some PPC now?
I do.
Do you?
I might, I might not.
But I am considering selling 1 or 2 silver eagle coins for PPC. I'm just doing my homework first.
October 29, 2012, 08:35:31 PM
Awwww wierded or scared?
Both.
Do I dare ask if you own some PPC now?
I do.
Do you?
October 29, 2012, 08:35:04 PM
What was the starting difficulty of PPC? Was it 1? Or 256?
I hope I do not regret answering what appears to be a non troll question from Smoothie:Genesis Block was 1 Difficulty with 0 coins generated:
http://www.ppcexplore.org:2750/block/0000000032fe677166d54963b62a4677d8957e87c508eaa4fd7eb1c880cd27e3
Code:
PPcoin 0
Proof of Work
0 Coins Generated
Hash: 0000000032fe677166d54963b62a4677d8957e87c508eaa4fd7eb1c880cd27e3
Next Block: 00000000000be4e024af5071ba515c7510767f42ec9e40c5fba56775ff296658
Height: 0
Transaction Merkle Root: 3c2d8f85fab4d17aac558cc648a1a58acff0de6deb890c29985690052c5993c2
Time: 1345084287 (2012-08-16 02:31:27)
Difficulty: 1.000 (Bits: 1d00ffff)
Nonce: 2179302059
Transactions: 1
Value out: 0
Coin-days Destroyed: 0
Block 1 was 256 difficulty with 2499.75 coin generated.
http://www.ppcexplore.org:2750/block/00000000000be4e024af5071ba515c7510767f42ec9e40c5fba56775ff296658
Code:
PPcoin 1
Proof of Work
2499.75 Coins Generated
Hash: 00000000000be4e024af5071ba515c7510767f42ec9e40c5fba56775ff296658
Previous Block: 0000000032fe677166d54963b62a4677d8957e87c508eaa4fd7eb1c880cd27e3
Next Block: 0000000000fdfc564b25df5858ad9f5e3378d9102a22d5c785f9ab92ec3a304a
Height: 1
Transaction Merkle Root: 1bdae84eff34e15399335fc2a48c70fa6b0b9caf972e38b0e3bda106d223f668
Time: 1345400356 (2012-08-19 18:19:16)
Difficulty: 256.003 (Bits: 1c00ffff)
Nonce: 1915373966
Transactions: 1
Value out: 2499.75
Average Coin Age: 0 days
Coin-days Destroyed: 0
October 29, 2012, 08:17:01 PM
What was the starting difficulty of PPC? Was it 1? Or 256?
I am weirded out by your non-trolly questions.
Awwww wierded or scared?
October 29, 2012, 08:01:27 PM
What was the starting difficulty of PPC? Was it 1? Or 256?
I am weirded out by your non-trolly questions.
October 29, 2012, 07:56:58 PM
What was the starting difficulty of PPC? Was it 1? Or 256?
October 28, 2012, 07:10:00 AM
POS ?
October 27, 2012, 10:51:48 PM
Sorry I haven't read the paper. Correct me if I am wrong: I keep some ppcoins in my ppcoind and keep the daemon running, after a while, the proof-of-stake magically add more coins to my wallet?
Yes. Provided that your wallet is not encrypted.
October 27, 2012, 10:49:22 PM
Ignoring checkpoints, how does PPCoin compare competiting chains?
Say that the sum of consumed-coin age of all txns in chain 1 is s1 and another chain has s2.
Based on my reading of the paper, Chain 1 wins iff s1>s2.
Say we have the following fork at history point H. After H, two competing chains mine work blocks. Chain 1 is created first and chain 2 tries to displace it.
1) H-W1a-W2a-W3a
2) H-W1b
Fork 2 wins if W1b includes all the txns from blocks W1a, W2a, and W3a. Fork 2 would have all the txns from fork 1, but their consumed-age would be slightly higher.
Or alternatively, if consumed-age is based on time stamps in txns rather than in blocks, then the two chains are tied.
Is this correct?
Say that the sum of consumed-coin age of all txns in chain 1 is s1 and another chain has s2.
Based on my reading of the paper, Chain 1 wins iff s1>s2.
Say we have the following fork at history point H. After H, two competing chains mine work blocks. Chain 1 is created first and chain 2 tries to displace it.
1) H-W1a-W2a-W3a
2) H-W1b
Fork 2 wins if W1b includes all the txns from blocks W1a, W2a, and W3a. Fork 2 would have all the txns from fork 1, but their consumed-age would be slightly higher.
Or alternatively, if consumed-age is based on time stamps in txns rather than in blocks, then the two chains are tied.
Is this correct?
October 27, 2012, 08:58:26 PM
Sorry I haven't read the paper. Correct me if I am wrong: I keep some ppcoins in my ppcoind and keep the daemon running, after a while, the proof-of-stake magically add more coins to my wallet or what? Otherwise, how the proof-of-stake wealth is distributed?
October 27, 2012, 09:21:34 AM
Sorry for the slight tangent. I was wondering how one actually generates a PoS block? Is the requirement just to leave your client running all the time? It is an interesting concept, good luck.
Yes leave client running would automatically generate stakes. Keep it running is better but you don't have to keep it running all the time.
How frequently are blocks being checkpointed currently?
Can we leave some space to allow for reorganizations to occur, say one checkpoint every 10 blocks maximum?
Can we leave some space to allow for reorganizations to occur, say one checkpoint every 10 blocks maximum?
Current checkpoint policy tries to checkpoint every proof-of-work block and up to the 6th consecutive proof-of-stake blocks or max 4-hour old block. When proof-of-stake blocks become more frequent there is some room for reorganization.
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