Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 21. (Read 684959 times)

That from vertcoin bitcointalk November 2016 when the idea started too get discussed about having pct of miner rewards go too devolpmemt and they quickly implemented the miners were on board since they realized it would make everyone more money long term

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Re: Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source
November 16, 2016, 04:45:10 PM
Reply with quote  +Merit  #2441
Quote from: volyova on November 16, 2016, 03:47:40 PM
Quote from: griffen1102 on November 16, 2016, 01:58:36 PM
Quote from: etang6000 on November 16, 2016, 01:49:00 AM
Quote from: felix18yu on November 16, 2016, 12:30:02 AM
If you do not believe in your project, and how other people are to believe ...

I'm a miner ... here I'll give you 10% of my coin ... does that worth something?


Yes. Anything helps

Helps to do what?
Hire someone who can do something?

No one wants to work for free . I'm donating 1 btc worth of vert once we get a plan . I wouldnt urge anyone to donate until we have a plan . I'm still learning here , if I had the skill set to take lead I would , but I don't .
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Re: Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source
November 18, 2016, 09:15:15 AM
Reply with quote  +Merit  #2442

As long as the money is put too improving peercoin and increasing awareness of peercoin every one wins the miners have a higher price the peercoin stake holders have a higher price I think the real question should be is 10 pct the right number or would 5 pct get the job done as well when peercoin sky rockets in value because of the added devolpmemt and marketing 5 pct will be more then enough and everyone will be happy zcash takes 20 pct that's outrageously high but 5. To 10 pct would leave peercoin team with the resources too bring peercoin too the next level

I posted something here with some rough math...

https://talk.peercoin.net/t/it-is-proposed-to-allocate-ten-percent-of-the-proceeds-from-the-mining-to-the-foundation/7872/71

The question for me is how this would impact mining participation at Peercoin. Would miners leave because they feel cheated by the tax or would they support it as you say they did at Vertcoin.

A percentage of the mined coins should go too devolpmemt and marketing that's what vertcoin did that helped send the coin skyrocketing it will benefit everyone the peercoin miners and holders vertcoin had the miners on board within a few days of it being proposed we should do the same thing here at peercoin

Peercoin 2-0 as proposed from ppc man should be considered how far down coin market cap does it take till the community realizes changes need too be made peercoin never should have been allowed too fall as low as it did on coin market cap with out trying too make improvement too it

Ppc man is so right peercoin needs marketing devolpmemt war chest or the coin will continue  too slide on coin mkt cap from number 3  4 years ago too number 220 on coin mkt cap vertcoin delegated pct of mining rewards too devolpmemt and they are now well funded and coin sky rocketed instead of same people saying they don't want anything too change let's put it too a vote I'm sure majority of peercoin holders would rather devolpmemt and marketing be well funded leading most likely too be a top 25 coin again on coin mkt cap

ppcman5h
See?

This is exactly what I've been talking about for so long now.

Peercoin believed that all they had to do was come up with great technology, keep it that way, and one day when they were ready, the floodgates would open, and people would come rushing in.

It isn't like that... Even coindesk admits it in this article:

https://www.coindesk.com/crypto-twitter-toxic-combination-troubling-future/4

Every time you see the word ARDOR or IGNIS just re-insert Peercoin into the article, and the same situation applies to our community as well.

If any of you think for a moment, that the press is going to take us into adoption or a better price "when the word gets out". It won't.

It would be wise to start building our marketing fund now, and keep building it. We're going to need it.

Can you please inform me about an ACTIVE pool so i can put my miners or go to another coin...?

ecoining.com is dead
peercoin pool  is dead

Also is this project still ongoing?

as of yet there is no client to mint on android

Testers needed for simple CLI PeerAssets client Pacli. Instructions here...

https://talk.peercoin.net/t/testers-needed-pacli/7915

Hi, Can I mint peercoin on an android wallet ?

Protocol development in Peercoin is very specialized and there are only a handful of people that have heavily studied it that are capable of developing for us. More funding will not help in this case and we already have dedicated people looking after the protocol.

However funding will help development of projects outside of the core protocol and we already have plans to obtain this funding without the need to alter mining/minting rewards like what was proposed in that thread. There is no reason to worry. We will have funding to hire the people we need to do the work that has to be done.

Ppc team will never implement pct of mined coins going too foundation they are perfectly content too continue too let peercoin lose ground on coinmarket cap and continue too do things the way they always have sad

nohea1d
If you want Peercoin to grow in value, there needs to be an incentive to acquire it. Other altcoins have valued (pumped) due to speculation. Bitcoin acquired value first by connecting to markets - first underground, then above ground. Only after it acquired market value did speculators pump it more.

If Peercoin is not going the pump route, it needs to connect to a market. That means more merchants need to accept it, and buyers need to acquire it easily. There is a space for that since Bitcoin is often expensive to use as money, Litecoin has filled it.

Another way is the roadmap for Bitcoin Script smart contracts. If businesses eventually realize trusting their money to smart contracts written in Solidity is madness, then Peercoin has a chance at some of that.



ppcman1d
Nohea - exactly.

Time is of the essence here. While the rest of the cryptoindustry grows up, matures, and gains adoption, they are not waiting for us.

We need to remain in the public eye at all times.

Superior technologies have historically never been adopted simply because of how it was brought to the market.

Even sub-part technologies can win in the end, if they have a better marketing team. First to market means a lot in this world. We all know this...

Peercoin was one of the first to market, and then it went to sleep as far as media and the public is concerned.

If it's always the same people posting all the time, it leaves very little room for alternative opinion. I was happy to read nohea's reply.

Excellent idea peercoin 2.0

ppcman2d
Nagalim:
@ppcman you aren't even calling for a contentious hardfork. You're calling for a complete abandoment of ppc to go work on some new atlcoin you just made up.
Sorry I wasn't clear.

I wanted to launch a forked project called Peercoin 2.0 (name could obviously be changed) which would be a forked project from the original Peercoin that had this fundraising feature.

The original Peercoin blockchain would continue
The new Peercoin 2.0 fork would begin

We'd see which Peercoin fork would outlast and do better than the other.

Much like ETC and ETH

Vertcoin soared in value. 50 x plus when they implemented pct of miner rewards too devolpmemt anyone who wants peercoin too increase in value should be infavour of the foundation getting pct of miner rewards

Peer4commit shows a failed experiment of self opt-in donation funding.

We did okay with that when Peercoin was "hot". But that project died off pretty quick, got fragmented and the way new developers come in to see an opportunity to get involved look at how stale it is and just leave.

I find our community has a hard time learning from its mistakes, or changing its thinking to adapt.

The same technologies Peercoin has now, or is planning to have, exist in other chains in similar ways. We're no longer cutting edge. Yes, we do have a very reliable blockchain, that is truly decentralized, fairly launched, and not manipulated.

...which is our treasure. However, none of that means anything, if we don't keep interest and attention alive.

Ongoing, regular, and predictable funding is helpful in the mission.

Teek, legitimately wants to see the PLAN, and says if there was one, funding definitely will come.

Isn't that counting eggs before they are hatched? How can we possibly come up with a PLAN for fund generation and spending if we have no idea of what how often, and to what amount, the income will be?

Any business must have a path to profitability for funding its growth, and we don't have that..

Our business plan seems to be "we'll plan growth, development, and adoption" and hope the funds will show up on time to support it.

That's a flawed plan to success in my opinion.

I've said enough. You know how I feel. I'd like to sit back listen to the rest of you decide.

4 Replies

ppcman9d1
I'd like to make something very clear.

When I first joined Peercoin in 2013 until now, I've met numerous resistance for things from people who like a "tread lightly" approach to everything we do..

That mindset has gotten Peercoin from #3 spot, steadily falling fast on coinmarketcap to #192 spot today.

If I keep hearing things about opt-in, and passive donation schemes, you are all going to lose. Please re-think your position.

This is time to do something aggressive.

You want a significant change to the way Peercoin shines and is adopted? Then you have to make a significant change to your thinking too.

Go into unexplored territory. We can't be doing any worse than we are now.

Raising eyebrows? Excellent. YES! Raise eyebrows. Make it OPT-OUT

We always seem to hear from the complainers the most. They are the most vocal. There is a passive majority that never post, and fully agree with me. I've met them. They've given me wallet donations in my profile sig before. When we changed to discourse these people seemed to have disappeared at the exact same time

More info: https://en.wikipedia.org/wiki/Peanut_gallery3

However, raise some eyebrows, get things moving where they need to go.. these people will return.

2 Replies