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Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 59. (Read 685091 times)

hero member
Activity: 516
Merit: 500
CAT.EX Exchange
Please if anybody can answer this guys questions, it would be great for ALL PoS coins. Idk why this was only shared with mint forum...

im still on the fence


can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets

Code:
ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
    return false;


im not well enough versed with the code to know what these variable names imply

I am not sure I totally understand the question  but the network will reject blocks with a time stamp more than 2 hours off hence POS blocks generated with future time won't help you now. If you save the found blocks and broadcast the result when time is due, remember that any unspent tx  finds a POS block, this tx will not be allowed to find a POS block in 30 days, and the POS reward will be proportional to the coin age of the tx. That means you can't use this method to get more than your reward than the stake you have. All you get is better compounding of POS reward ("interest of interest").
hero member
Activity: 868
Merit: 1000
Please if anybody can answer this guys questions, it would be great for ALL PoS coins. Idk why this was only shared with mint forum...

im still on the fence


can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets

Code:
ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
    return false;


im not well enough versed with the code to know what these variable names imply
full member
Activity: 308
Merit: 100

Hi,

I'm running the site http://www.crypto-coins-table.com.

I have listed your coin already. To provide the full information
for all users you can update the information here:

http://www.crypto-coins-table.com/index.php?var_action=update_coin&coin_id=PPC

regards
hero member
Activity: 516
Merit: 500
CAT.EX Exchange
Hi all,

may I ask is peercoin POS coin ? or just POW ? Thank you very much for help in advance


Peercoin is a POS coin. It is the first POS coin. It also uses POW to generate and distribute coins before POS takes up a dominant role, gradualy.
full member
Activity: 238
Merit: 100
Hi all,

may I ask is peercoin POS coin ? or just POW ? Thank you very much for help in advance
full member
Activity: 196
Merit: 100


Peercoin added to altcoins database
You can vote for coins and pools. Good luck & have fun!
member
Activity: 84
Merit: 10
Did you know you can trade PPC/BTC at agx.io and earn entries into our AMD Radeon R9 280x giveaway through Sunday 03/23 11:59p UTC? Did you also know that BTC deposits at agx.io >.02 BTC through Sunday 03/23 11:59p UTC will earn you deposit bonuses up to 50k NOBL? Check out our infographic for more information.

- The Austin Global Team

Find us at:
agx.io
bitcointalk.org/index.php?topic=507474
bitcointalk handles: "agx.io," "AustinGlobal"
twitter.com/AustinGlobalX
austinglobal.tumblr.com


legendary
Activity: 1498
Merit: 1001
CryptoCurrency EXchange: https://c-cex.com
https://c-cex.com exchange moved to much faster servers.
We can now handle 10x times more online users! Welcome!
full member
Activity: 203
Merit: 100
Once you mint a stake, it comes back to your wallet as a new transaction after 520 confirmations. It's always been like that.

So, just to get this straight, my understanding is this: After the 520 confirmations, the original stake is sent back as a new input that for all practical purposes is treated the same as any other new input. And, by "treated the same", this includes coin age as well as the future potential to be converted to stake.

Thanks for your help!
Yes. It will come back as your stake+POS reward. If it was a large stake it will come back split into 2 equal value transactions.
hero member
Activity: 742
Merit: 500
Once you mint a stake, it comes back to your wallet as a new transaction after 520 confirmations. It's always been like that.

So, just to get this straight, my understanding is this: After the 520 confirmations, the original stake is sent back as a new input that for all practical purposes is treated the same as any other new input. And, by "treated the same", this includes coin age as well as the future potential to be converted to stake.

Thanks for your help!
full member
Activity: 203
Merit: 100
After coins stake and earn interest, is it necessary to manually send these coins back to yourself to restart the aging process, or does that happen automatically?


Automatic

Awesome! Is that a feature of the original release, or has it been added since the original release?

Many explanations about staking are very confusing in this regard.
Once you mint a stake, it comes back to your wallet as a new transaction after 520 confirmations. It's always been like that.
hero member
Activity: 742
Merit: 500
After coins stake and earn interest, is it necessary to manually send these coins back to yourself to restart the aging process, or does that happen automatically?


Automatic

Awesome! Is that a feature of the original release, or has it been added since the original release?

Many explanations about staking are very confusing in this regard.
full member
Activity: 203
Merit: 100
After coins stake and earn interest, is it necessary to manually send these coins back to yourself to restart the aging process, or does that happen automatically?


Automatic
hero member
Activity: 742
Merit: 500
After coins stake and earn interest, is it necessary to manually send these coins back to yourself to restart the aging process, or does that happen automatically?

legendary
Activity: 1538
Merit: 1210
Peercoin will feature two pages in the book called Cryptocurrency "The Alt-ernative" the Beginner's Reference

https://bitcointalk.org/index.php?topic=483187.new#new


Please donate to the below Peercoin wallet address in order to help fund this project:

PPdMapGc4uBxUafofpvbgwqWgPWRfxW9FK

It will have 2 pages similar to this:





If you spot any spelling or grammar errors, these are easily sorted.  I do have a full time job as well as trying to get this project completed too.
member
Activity: 84
Merit: 10
PPC/BTC is live on agx.io! Trade PPS/BTC for entries into the Sapphire Dual-X AMD Radeon R9 280x giveaway! Learn more at our infographic here: http://24.media.tumblr.com/d22fc786c1528580d601aabc03fef3e2/tumblr_n2jsh3w23G1trlaa8o1_1280.png

Trading is FREE during Beta. Come trade on AGX and let us know what you think!

- The Austin Global Team

Find us at:
agx.io
bitcointalk.org/index.php?topic=507474
bitcointalk handles: "agx.io," "AustinGlobal"
twitter.com/AustinGlobalX
austinglobal.tumblr.com
sr. member
Activity: 457
Merit: 250
RC1 of Peercoin v0.4 has been released for testing. Testnet only!

http://www.peercointalk.org/index.php?topic=2473.0
member
Activity: 70
Merit: 10
GambleX Exchange/Gambling
PSA: Gamblex has added PEERCOIN to their supported coins. We will provide an exchange and a gambling section where you can trade and gamble with PPC! Check out now, how you can profit from this. Investing is open now!

Thread: https://bitcointalksearch.org/topic/anninvest-gamblex-last-chance-to-invest-today-join-now-498311
hero member
Activity: 725
Merit: 500
*** 0% Fees *** VarDiff *** Stratum ***

PeerCoin PPC has now been added to the iSpace Mining Pools at http://ispace.co.uk

Smiley
newbie
Activity: 42
Merit: 0
BlueCoinStock has added PeerCoin!!
From just now, we are collecting market PPC/BTC!

Public market: http://bluecoinstock.com/public/market/16
Full mode Cryptsy: http://bluecoinstock.com/viewer/16/2/1
Full mode BTC-E: http://bluecoinstock.com/viewer/16/2/4
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