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Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 56. (Read 684839 times)

legendary
Activity: 1190
Merit: 1004


I've released the first ever Peercoin Android wallet.

Check it out on Google Play here: https://play.google.com/store/apps/details?id=com.matthewmitchell.peercoin_android_wallet
newbie
Activity: 32
Merit: 0
Coin control is definitely implemented and working in Peerunity, but it has to be enabled in settings.  Please see my previous post just above.

Also, it appears that coding for v0.2 is already complete and new builds are expected soon; however I see no reason for not trying out the current version now.   (http://www.peercointalk.org/index.php?topic=2740.150)
hero member
Activity: 1008
Merit: 501
sr. member
Activity: 462
Merit: 253
I have a short question about Peercoin.

If I send an amount of coins, will the wallet automatically send the coins who have the least coin-age, so it won't slow down the minting process?

I don't fully understand how the wallet selects coins but I know that the walllet won't select the youngest coins.  I think it istill use the bitcoin wallet's logic : find coins according to priority which is calculated to optimize chances to be included in the next block by the miners and to save transaction fee. Bitcoin priority is also calculated according to ages. The result is unfortunately that the oldest coins often get spent first  Sad

Fortunately you can use coin control in Peerunity to choose exactly which coins to spend. When you send the wallet tells you how much transaction fee is needed for your selection before sending.

Thanks for your answer.

Is coin control already implemented in Peerunity, or is it in the works? If it's the former, I'll have to give it a try Smiley
hero member
Activity: 516
Merit: 500
CAT.EX Exchange
I have a short question about Peercoin.

If I send an amount of coins, will the wallet automatically send the coins who have the least coin-age, so it won't slow down the minting process?

I don't fully understand how the wallet selects coins but I know that the walllet won't select the youngest coins.  I think it istill use the bitcoin wallet's logic : find coins according to priority which is calculated to optimize chances to be included in the next block by the miners and to save transaction fee. Bitcoin priority is also calculated according to ages. The result is unfortunately that the oldest coins often get spent first  Sad

Fortunately you can use coin control in Peerunity to choose exactly which coins to spend. When you send the wallet tells you how much transaction fee is needed for your selection before sending.
sr. member
Activity: 462
Merit: 253
I have a short question about Peercoin.

If I send an amount of coins, will the wallet automatically send the coins who have the least coin-age, so it won't slow down the minting process?
newbie
Activity: 32
Merit: 0
520Bit -

Coin control is already a working feature of Peerunity.  Peerunity is the community-built wallet with several enhancements over Sunny's current reference wallet.  It was released in May and has already achieved wide-spread adoption.  To my knowledge, no significant security bugs or incompatibilities have been reported.  You can see the number of people already using Peerunity by having a look at http://cryptocities.appspot.com/peercoin-fullnodes.html.    (Peerunity is identified in the node version number.)

You can find out more about Peerunity here: http://www.peercointalk.org/index.php?topic=2902.0

Note: Coin control is currently considered an "expert" feature and must be deliberately enabled through Settings > Options > Display.  After enabling coin control, use the "Send Coins" tab to explore the individual transaction outputs stored in your wallet.
sr. member
Activity: 602
Merit: 252
Happy birthday to PPC.

Bitcoin core has a coin control feature now. If this feature could be implemented in PPC, that would be very good for PPC. Because of this feature, people can manage their coins flexibly: reserve some PPC for spending and the rest for staking. Then people can spend their PPC whenever without destroying other coins age.
legendary
Activity: 1621
Merit: 1000
news.8btc.com
full member
Activity: 318
Merit: 100
PEER COIN NOW ACCEPTED AT BITCOIN MEGAMART.COM
Here is a sample of the now over 30,000 products available to purchase with these coins
PAYPAL-BTC-LTC-DRK-PPC-FTC-YAC-CLOAK and XSI

Special Offer for the first person to:
Make any purchase over 50 USD with any accepted payment method, and you get to choose the September Coin of the Month.
Provided that coin is on Cryptsy

newbie
Activity: 14
Merit: 0
Crap, PPC seems like a dead coin. And i who bought 4000 when the price was 2 dollars.

Why do you say it's a dead coin? It's very stable in value...hasn't been pumped and dumped...well maybe a little pumped!  Wink

It's at 1 dollar. Virtually all money are being sucked out of it.

Cryptos have crashed and went back up many times in the past.
Imho, it's a neverending cycle and it's wrong to think that the crash won't be followed by a bubble, thus it would probably be silly to sell now at a small fraction of the ATH.


The market cap is still very good, which is more important than low volume price swings, either up or down.
legendary
Activity: 1260
Merit: 1001
I'm holding my PPC and stocking up on UNO. It's a great time to buy both!
sr. member
Activity: 639
Merit: 251

The majority of altcoins are far under a dollar, does that mean the are dead as well?

The majority of altcoins are scamcoins that will never make it above 1 dollar anyway. PPC has at least been valued much moreö
sr. member
Activity: 462
Merit: 253
Crap, PPC seems like a dead coin. And i who bought 4000 when the price was 2 dollars.

Why do you say it's a dead coin? It's very stable in value...hasn't been pumped and dumped...well maybe a little pumped!  Wink

It's at 1 dollar. Virtually all money are being sucked out of it.

Cryptos have crashed and went back up many times in the past.
Imho, it's a neverending cycle and it's wrong to think that the crash won't be followed by a bubble, thus it would probably be silly to sell now at a small fraction of the ATH.
hero member
Activity: 675
Merit: 507
Freedom to choose
Crap, PPC seems like a dead coin. And i who bought 4000 when the price was 2 dollars.

Why do you say it's a dead coin? It's very stable in value...hasn't been pumped and dumped...well maybe a little pumped!  Wink

It's at 1 dollar. Virtually all money are being sucked out of it.

The majority of altcoins are far under a dollar, does that mean the are dead as well?
sr. member
Activity: 639
Merit: 251
Crap, PPC seems like a dead coin. And i who bought 4000 when the price was 2 dollars.

Why do you say it's a dead coin? It's very stable in value...hasn't been pumped and dumped...well maybe a little pumped!  Wink

It's at 1 dollar. Virtually all money are being sucked out of it.
hero member
Activity: 675
Merit: 507
Freedom to choose
thanks learnmore and lynn_402

BTW: To the guy that thinks PPC is dead, look up Peershares.. There are some fresh ideas getting put in place for uses with PPC.
legendary
Activity: 1260
Merit: 1001
Crap, PPC seems like a dead coin. And i who bought 4000 when the price was 2 dollars.

Why do you say it's a dead coin? It's very stable in value...hasn't been pumped and dumped...well maybe a little pumped!  Wink
sr. member
Activity: 639
Merit: 251
Crap, PPC seems like a dead coin. And i who bought 4000 when the price was 2 dollars.
newbie
Activity: 32
Merit: 0
Coins are able to be used for minting after only 30 days, but the actual time it takes to be rewarded for a proof-of-stake block varies based on the total coin-age and the number of other people currently minting.  Regardless of how long it takes, however, you will eventually receive a reward equivalent to ~1% per annum.

There are several detailed discussions of how Peercoin minting works over at the Peercoin forum including this Minting Guide: http://www.peercointalk.org/index.php?topic=2982.msg29805#msg29805

Also, an online calculator has been developed to help estimate the probability of minting a block with a certain set of coins over a certain time period: http://peercoincalculator.info

Good luck finding your first POS block!
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