Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 24. (Read 685133 times)

SentinelrvPeercoin fan • 9h
Ha! It seems the majority of people completely missed this little teaser from last Tuesday’s announcement, which was basically hidden out in the open. Some people from Reddit pointed it out though.

Edit: Looks like it was you.

And yes, that is the intention to help improve the pace of development. It will also help with stuff like marketing and act as a legal face for the Peercoin community to develop new partnerships. The PiSupply/StakeBox announcement from last Tuesday was the first example of a partnership made possible by the Peercoin Foundation.

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smallbluetextInvest a lot, trade a little • 1h
No disrespect for one of the original cryptocurrencies, but what is the advantage of using peercoin for p2p transactions over others? I am already a fan of Proof of Stake however I'm not clear on the benefits I can expect if I were to use PPC for transactions.

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SentinelrvPeercoin fan • 1h
First read this short description...

The Peercoin network activated in 2012 and is one of the first cryptocurrencies to ever be released. It is responsible for inventing proof-of-stake consensus, which makes it the first efficient and sustainable public blockchain technology. It is extremely low-cost to operate and requires very little energy to secure. In addition, it is also the first blockchain capable of allowing its protocol rules to be governed directly by its users (coin holders) rather than external miners, making for a network that is more decentralized, democratic and easily secured by people all over the world.

The Peercoin Team believes that adapting blockchains for wide scale use only through on-chain transactions will negatively affect the decentralization level and security of the network over time, therefore we choose to develop the Peercoin blockchain as a base layer settlement network with a sole focus on securing all forms of value recorded into the chain. This can be accomplished through Peercoin's philosophy of preserving and maximizing decentralization (which increases security) by developing the majority of features and technologies on top of the blockchain, rather than directly into the blockchain protocol itself.

Thus the Peercoin Team focuses on developing second layer protocols and sub-networks that can interact with the base layer blockchain to adapt it for wide scale use and improve functionality such as tokens, smart contracts and high speed low cost transaction processing. In this way, Peercoin will act as a secure and censorship resistant base layer for the future blockchain connected world.

There is no direct benefit when you're only considering how transactions compare from one blockchain to another. The benefits that really matter are the fundamentals behind the network. The economics driving Peercoin's security model are designed to be long-term sustainable. The true advantage of Peercoin is that it will still be around and securely functioning decades into the future while other blockchains succumb to economic, security and centralization failures. People have called Peercoin the nuclear bomb shelter of crypto in the past. It is because it was designed to last and that is a place I would want to store my tokens or other value.

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-JamesBond • 6h
Who?

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SentinelrvPeercoin fan • 6h
Peercoin is the inventor of proof of stake consensus, which Ethereum is now trying to adapt. Several years ago Peercoin was a top 4 crypto until scams and ICOs drowned out the market. This foundation will help Peercoin to reestablish it’s place in the crypto market.

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m4c7 - 8 years account age. 200 - 400 comment karma. • 6h
"Peercoin, also known as PPCoin or PPC, is a peer-to-peer cryptocurrency utilizing both proof-of-stake and proof-of-work systems. Peercoin is based on an August 2012 paper which listed the authors as Scott Nadal and Sunny King"

The first Proof-of-Stake currency as well as one of the original cryptocurrencies.

What's the status of trying too get peercoin listed on binance

Very positive devolpmemt the forming of the peercoin foundation looking forward too great things from peercoin

The Peercoin Foundation is now officially open for business!
Announcement here:
https://talk.peercoin.net/t/update-15-the-peercoin-foundation-is-now-open-for-business/7826

While PPC PiedPiperCoin soared tonight on SiliconValleyHBO, the real PPC also has some exciting news!
The Peercoin Foundation is now officially open for business!
Announcement here:
https://talk.peercoin.net/t/update-15-the-peercoin-foundation-is-now-open-for-business/7826

I doubt that. Many Bitcoin developers - and I think to remember that Charly Lee has said something similar - think that the Nothing-at-stake problem is too severe and that, for this reason, proof-of-work is the way to go. For this reason, I think it is very unlikely that they'll switch. They however will probably do everything to make mining more eco-friendly, e.g. promoting solar/wind-energy-powered mining farms. They could also switch to a "Proof of Capacity" algorithm (using pre-computing on hard drives for the hashes), which is still a PoW algorithm (without N@S) but very likely is much more energy-efficient with respect to the current PoW. (In a Burstcoin thread, I tried to find some numbers and it's likely that PoC consumes about 3-10% of Bitcoin's current PoW algorithm's consumption, considering a similar security level.)

Here I fully agree.

I look forward to cold minting, PeerAssets and other news to come.

Eventually and probably sooner rather then later most pow coins like bitcoin and litecoin will switch too pos which peercoin has always been the reality of the amount of electricity being used by bitcoin and all the pos coins is mind boggling and the markets pricing peercoin at 3300 peercoins too the bitcoin is equally mind boggling I am of the opinion that 100 peercoins too the bitcoin is more representative of the true value of bitcoin vs peercoin thats the same ratio peercoin  too bitcoin was Jan of 2014

The plan is eventually to move to a fully proof-of-stake system and to lower the minimum stake, but there is no definite timeline for that transition at present.

For now, this first stage of Casper has to be audited, and the network cannot implement it until more code has been written for ethereum clients, the programs users download to run the cryptocurrency's protocol. Since Casper will not be compatible with earlier versions of ethereum, the network will need to hard fork.

Ethereum watch

When ethereum shifts from proof-of-work to proof-of-stake, how much will it cost to act as a validator (the rough equivalent of bitcoin's miners)? About 1,500 ether (more than $1 million as of this writing), ethereum founder Vitalik Buterin said.
Eth wants too be what peercoin has always been the day will come in the near future that peercoin takes its rightful place in the top 25 coins on coin market cap

Peercoin belongs in the top 50 coins and maybe as high as top 25

It is now ranked within 200. There are different degrees of price drop in the market. I hope the market will get better soon.

PPCoin is indeed a long-term project, and it is worth investing for a long time. It has gone up a lot in the past month, and it will look at the project.

Here is your chance to win a free Peercoin StakeBox...

https://twitter.com/stakebox/status/994529408630312960?s=21

PoW Difficulty
4,976,321,235.87143326  Incredible high difficulty and if peercoin had significant rally the difficulty be off the charts

With peercoin difficulty being as high as it is if we see a significant price rise the difficulty would be even higher that's a tremendous positive for peercoin i believe we can get back too being a top 50 coin and maybe higher

I actually like their style of just coming out with news when they are there, rather than announcing announcements, although it sometimes can make sense to do so I guess.

Stake box is great news but you should not have two days ago tweeted big news coming would have been way better just announce stake box you've left a lot of people underwelmed when they would have been really excited that you've achieved partnership deal for stake box

Partnership with StakeBox (May 08)
https://coindar.org/en/event/peercoin-ppc-partnership-with-stakebox-8845

saeverittDeveloper2h
I can confirm that the payment method via PPC works.
Just completed an order and got confirmation of payment completion via email.

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r/ppcoin4yu/inteblio
I am a bitcoin fanatic, is PPC better.  Peercoin  could still prove too be  better but we need too stop moving in slow motion and the website shouldn't take forever too change