Some people made it known to me that they wanted to volunteer to be on the Peercoin/Primecoin team, but they didn't finish filling out the survey to sign up because they didn't have any specific area of expertise. There was no job listed that they felt comfortable volunteering for.
Because of this, we've set up a "General" category. If you don't have any specific area of expertise, but still want to volunteer and help out wherever you feel you can, try filling out the survey again and this time select the "General" category. Things are starting to move fast and we could sure use your help. The link to the survey is below.
http://www.surveymonkey.com/s/J9RNLPH
We even have a position for something called the swarm. We'll post action items that need you to email an exchange or respond to forum threads or news articles to defend Peercoin/Primecoin. All you need for this is an understanding of how the coin works so that you can promote or defend it.
Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 62. (Read 684839 times)
October 25, 2013, 08:43:13 PM
October 24, 2013, 03:36:14 PM
The interview will start in about 55 minutes. Look to the previous post for details.
October 21, 2013, 06:53:00 PM
We will be having the round 2 interview of Sunny King on Oct 24th at 9:30 PM UTC. This will NOT be in IRC. It will be in the PeercoinTalk.org chat box. There was some confusion last time because there was a Sunny King impersonator in IRC answering questions. You need to be a member of the forum to view the chat box, so please register first.
October 19, 2013, 10:11:14 PM
My understanding of the white paper is that the coin age of the coins older than 30 days acts as a hashing multiplier. No luck yet for me, though I should have a few more coins reach the 30 minimum soon, so should hopefully see something happen soon.
Maybe 90 days is a better idea. I got my POS coins very soon after keeping them in my wallet after 90 days, but no luck with 30 days. October 17, 2013, 04:53:53 PM
Deleted
October 17, 2013, 04:06:36 PM
Round 1 of Sunny King's interview will be in about 55 minutes on the chat box at PeercoinTalk.org. The interview will be split up since there's so many questions.
October 17, 2013, 04:34:44 AM
I have two announcements in case you haven't heard them yet...
Sunny King is doing an interview on Oct 17 at PeercoinTalk.org. We need you to submit questions to be asked. The details are in the following link...
http://www.ppcointalk.org/index.php?topic=600.0
Also, we're looking for volunteers to help expand the Peercoin/Primecoin team. We're looking for any kind of experience, technical, artistic, wiki writers, video production, etc... All you need to do is fill out the following survey to give us information about yourself...
http://www.surveymonkey.com/s/J9RNLPH
Sunny King is doing an interview on Oct 17 at PeercoinTalk.org. We need you to submit questions to be asked. The details are in the following link...
http://www.ppcointalk.org/index.php?topic=600.0
Also, we're looking for volunteers to help expand the Peercoin/Primecoin team. We're looking for any kind of experience, technical, artistic, wiki writers, video production, etc... All you need to do is fill out the following survey to give us information about yourself...
http://www.surveymonkey.com/s/J9RNLPH
Thanks. Signed up.
October 16, 2013, 05:03:02 PM
I have two announcements in case you haven't heard them yet...
Sunny King is doing an interview on Oct 17 at PeercoinTalk.org. We need you to submit questions to be asked. The details are in the following link...
http://www.ppcointalk.org/index.php?topic=600.0
Also, we're looking for volunteers to help expand the Peercoin/Primecoin team. We're looking for any kind of experience, technical, artistic, wiki writers, video production, etc... All you need to do is fill out the following survey to give us information about yourself...
http://www.surveymonkey.com/s/J9RNLPH
Sunny King is doing an interview on Oct 17 at PeercoinTalk.org. We need you to submit questions to be asked. The details are in the following link...
http://www.ppcointalk.org/index.php?topic=600.0
Also, we're looking for volunteers to help expand the Peercoin/Primecoin team. We're looking for any kind of experience, technical, artistic, wiki writers, video production, etc... All you need to do is fill out the following survey to give us information about yourself...
http://www.surveymonkey.com/s/J9RNLPH
October 14, 2013, 01:59:03 AM
I don't understand why its called long term energy efficient crypto. It used the same energy mining bitcoin and ppcoin right? or am I missing something.
From wiki : http://en.wikipedia.org/wiki/PPCoin#Energy_efficiency
PPCoin's proof-of-stake system was developed to address the high energy consumption of Bitcoin.[1] For example, as of April 2013 the generation of Bitcoins was using approximately $150,000 USD per day in power consumption costs.[15] The proof-of-stake method of generating coins requires very minimal energy consumption; it only requires the energy to run the client software on a computer, as opposed to running resource-intensive cryptographic hashing functions.[1] During its early stages of growth, PPCoins will be generated by proof-of-work like Bitcoin, however over time proof-of-work will be phased out as proof-of-work difficulty increases and rewards decrease.[1] Proof-of-stake will then become the primary source of coin generation, which will lead to a decrease in energy consumption over time.[1]
October 14, 2013, 12:31:22 AM
I have some suggestions for improvement on the PPC has been sent to your mailbox, please check!
October 12, 2013, 02:40:37 AM
Has anyone setup a calculator which would tell you about how many coins equate to say BTC PoW hashing? i.e. how many PPCoin would I need to own PoS mining to equate to a GH/s or TH/s or MH/s mining BTC?
October 12, 2013, 01:38:43 AM
I don't understand why its called long term energy efficient crypto. It used the same energy mining bitcoin and ppcoin right? or am I missing something.
October 11, 2013, 02:15:56 PM
Do the coins just have to sit in the wallet to generate interest?
So coins on a paper wallet would generate interest too?
So coins on a paper wallet would generate interest too?
October 11, 2013, 03:56:19 AM
My understanding of the white paper is that the coin age of the coins older than 30 days acts as a hashing multiplier. No luck yet for me, though I should have a few more coins reach the 30 minimum soon, so should hopefully see something happen soon.
October 10, 2013, 05:21:47 PM
ok thanks ... gutted that this seems a lot more random and unlikely to actually generate the 1%pa I thought it would 
So whats the optimal transaction size for this to work? 10PPC will take so long to get a PoS that it'll never happen ... 10,000PPC and it'll be forever sat in the 30 day timeout ... whats everyone's experience on generating PoS blocks?
Cheers
S.
So whats the optimal transaction size for this to work? 10PPC will take so long to get a PoS that it'll never happen ... 10,000PPC and it'll be forever sat in the 30 day timeout ... whats everyone's experience on generating PoS blocks?
Cheers
S.
October 10, 2013, 05:15:04 PM
Also, when you find a PoS do you have to wait another 30 days before they start getting coin days or once your through the 30 days once you don't have to wait again?
October 10, 2013, 03:48:19 PM
Ah ok, thanks.
So a bunch of 100PPC transactions are unlikely to be 101PPC after a year as essentially transactions are like hashing power and 100PPC transactions will be like mining for blocks with 1Mh ... You might be fluky, but essentially pointless???
Also, when you find a PoS do you have to wait another 30 days before they start getting coin days or once your through the 30 days once you don't have to wait again?
So a bunch of 100PPC transactions are unlikely to be 101PPC after a year as essentially transactions are like hashing power and 100PPC transactions will be like mining for blocks with 1Mh ... You might be fluky, but essentially pointless???
Also, when you find a PoS do you have to wait another 30 days before they start getting coin days or once your through the 30 days once you don't have to wait again?
October 10, 2013, 01:11:49 PM
@sahkan - Ah brilliant, thank you. I didn't realise stake combined with the original transaction. That solves most of my worries as I won't end up with lots of very small transactions.
Also didn't realise it was a competition across the network! So essentially, if I have 1,000 coins I'll never get any interest paid as others will have much more and so the chances of getting a PoS stake are minimal rather than 1% pa? I thought everyone got interest as long as you gained a coin years worth in a transaction
Cheers
S.
Also didn't realise it was a competition across the network! So essentially, if I have 1,000 coins I'll never get any interest paid as others will have much more and so the chances of getting a PoS stake are minimal rather than 1% pa? I thought everyone got interest as long as you gained a coin years worth in a transaction
Cheers
S.
The PoS is similar to PoW but instead of hushing power an luck, you need the coin days and luck. So you coins will find a block with luck even if there are older coins on the network. The 1% reward refers really to PoS reward rather than Peer coins as a whole. The transaction that finds the PoS gets 1% (yearly) reward based on coin age, if your coins never find any PoS you don't get anything. If you keep them on an exchange like BTC-E they don't even accumulate any coin days, if you have them on mcxNOW at least you will get some interest paid out every 6hrs (I think it's over 1% atm).
And on a side note, I just had my 766PPC transaction find a PoS couple of days ago.
October 10, 2013, 07:57:55 AM
@sahkan - Ah brilliant, thank you. I didn't realise stake combined with the original transaction. That solves most of my worries as I won't end up with lots of very small transactions.
Also didn't realise it was a competition across the network! So essentially, if I have 1,000 coins I'll never get any interest paid as others will have much more and so the chances of getting a PoS stake are minimal rather than 1% pa? I thought everyone got interest as long as you gained a coin years worth in a transaction
Cheers
S.
Also didn't realise it was a competition across the network! So essentially, if I have 1,000 coins I'll never get any interest paid as others will have much more and so the chances of getting a PoS stake are minimal rather than 1% pa? I thought everyone got interest as long as you gained a coin years worth in a transaction
Cheers
S.
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