Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 22. (Read 684839 times)

ppcman11d  Sentinelrv
Sentinelrv:
So I did a little math. The current supply is 24,772,330. 1% yearly interest is 247,723 PPC. As a default baseline, 5% of that yearly interest comes to about 12,386 PPC. Current dollar value of that is around $30k, which is ok as a base to work from, especially if the price increases from the work we are doing.
Good numbers, glad you took the initiative to check that for us. Thank you.

The problem is that this figure is only accurate when you have 100% of participation in minting. It is the maximum, which we are far from. So if you divide that figure by another 20x you end up with about 500 PPC/year, which is barely over $1,000.
Increasing the mint reward "per block" is another option. Whether it is 21 million circulated or 42 million circulated seems to mean very little these days if you look at the amount of coins in circulation on coinmarketcap. Coins with 3 billion out there, or 30 billion still seem to do well. Does that make sense? Not to me.. but it doesn't seem to retract from their trading volume. :stuck_out_tongue:

That's a bit of a stretch to think about at this point, but it is an option.

So it seems that this is not a proper solution either unless you can think of something that I'm missing @ppcman. We would most likely get more funds just from installing a manual donation button in the wallet.
Knowing that this is in place, and is working, on any level, will raise eyebrows, encourage participation, and could easily raise Peercoin 3x to 6x current price especially knowing that the end goal is to better Peercoin, promote it better. etc.

These numbers you have calculated mean very little in the long-term.

I personally deliberately didn't buy Ethereum because of its failed initial launch (which had to be rescheduled) its strange mining in the beginning, the lack of documentation, etc. I watched it grow from $3/ETH to what it is now (before the fork to ETC and ETH)

....these things have a way of mooning pretty quick. As long as your infrastructure makes sense and your distribution is working... the price and value of each coin will take care of itself as time goes on.

Start here, and adjust as necessary.

Remember whether you DO SOMETHING or DO NOTHING you will always have gripes and complaints. Begin somewhere and progress forward, always, and the market will follow with a positive outcome if what your doing has a positive outlook.



ppcman11d
By the way, if this was ppcman-chain and not Peercoin, I might have opted to have a 2% minting reward, with 1.25% payable to to the user, and 0.75% payable to the multisig Foundation address that is hardcoded into the protocol and verifiable by every node on the main chain.

There is many ways to do this... :slight_smile:

That is an excellent idea vertcoin took a pct of mined coins for devolpmemt and the coin soared in value some thing needs too be done too stop peercoin drop,on coin mkt cap from a top 25 coin too number 215 

The development of PEERCOIN to the present stage is not easy, the development team has been working hard, but now PEERCOIN is facing a huge challenge, from 2013 ranking third, has slipped to 200, and there is still a tendency to continue to slide. In the face of major changes in the block chain industry, the development team is very thin, many developers turn to paid services, making many development work difficult to make progress. If there is no corresponding measures to prevent the tragedy, then PEERCOIN will become history, forever buried.So we recommend the establishment of the PEERCOIN development foundation to help the development of PEERCOIN out of the dilemma, and ten percent of the PEERCOIN mining earnings are used to pay for the development foundation

Hello Peercoin believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful
interface of Peercoin at: https://cointopper.com/coin/peercoin

Constructive criticisms are always welcome at CoinTopper.  Thank you!!

Installation instructions for Peercoin are now available for the Ledger Nano S on Ledger's website...

https://support.ledgerwallet.com/hc/en-us/articles/360005005594-Install-and-use-Peercoin


You can contact the developers at the forum or on Discord.

Hello.
Could anyone share contact of PPC tech developers? We have a technical question regarding node.

Well, Im New to peercoin so I hope  to buy some soon!

We sent out an email to our Peercoin newsletter subscribers asking them to reconsent to be emailed due to the GDPR regulation in the EU. If you wish to continue receiving mail from Peercoin then make sure to fill out the form. You can find the email below as well as the new form to subscribe to the Peercoin newsletter.

It has been rare for us to send out newsletters, but we're planning on making more use of this to keep the community informed of the latest news. To help you understand what kind of value you may be missing out on in the future by not reconfirming, we have compiled a list of important news items over the past 6 months. If you are interested in continuing to receive newsletters with content like this, then please reconfirm.

- Reconsent Email: https://mailchi.mp/7914e482d4a1/please-reconfirm-your-peercoin-newsletter-subscription-plus-peercoin-foundation-news

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Peercoin is now officially supported by the Ledger Nano S...

- Forum Announcement

When you see the 51 pct attack on bitcoin gold I know for 51 pct attack too happen with peercoin the price would have too rise too 1000 plus per coin making it unprofitable too try I was wondering if anyone new what the list of coins most unlikely too be vulnerable too a 51 pct attack and were peercoin ranks on that list

keep going on, man.

You say good.
Long time proved that PPC is strong.

We are volunteers. Don’t act like we owe you anything. We are here because we care about building a blockchain that is reliable and actually decentralized, instead of only paying lip service to that idea by using it as a marketing gimmick.

Go join one of the many other projects out there with paid developers that introduce flaws and vulnerabilities by rushing things. I’m sure Verge would be happy to have you.

We are working on 6-7 major projects with our small team and many of us sacrifice the majority of our free time to do this. We are doing the best we can with the manpower we currently have available. If you want us to move faster then stop complaining and get involved. Find us more quality developers or help with marketing or in some other way.

Peercoin need new devolpmemt team

Peercoin energy efficient and has very low,inflation bitcoin blockchain uses .05pct of all,the worlds energy and it's increasing its energy consumption sooner or later people will dump there bitcoin and buy peercoin which will send peercoin over 200 dollars in the not so distant future

Peercoin is one of the worst performing coins vs bitcoin since 2014 and yet the devolpmemt team thinks there doing a great job what a joke

Peercoin biggest piece of junk coin out there and devolpmemt team does nothing

From what I understand the peercoin team was going too,apply to binance too,list peercoin

Is PPC plan to list on Binance?

Now that we have the peercoin foundation I see no reason binance would want too list peercoin have we heard back,from them