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Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 85. (Read 684864 times)

hero member
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member
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Sentinelrv I like that one. Made it into an icon. Not sure if I'll keep it but someone else might want it:

120 x 120


80 x 80


light elfish hippie style ...
full member
Activity: 134
Merit: 100

Wired's math skills make mine look absolutely genius and we all know that's not true. ;o)

"BTC-e and Cryptonit are two of the main exchanges that accept PPCoin. Its current value is around 0.002BTC (£0.01) per PPCoin."
vs.
"Freicoin is currently traded on Vircurex and Bter. The price per freicoin price is roughly 0.0006BTC (£0.04)."
sr. member
Activity: 650
Merit: 318
Lol, I think your logo triggered a ppc pump.
legendary
Activity: 1096
Merit: 1067
Here, I altered the design just a little bit to connect the two P's at the top and in the middle so it doesn't look like it says IP anymore. What do you think? I actually like the P symbol more now that it's squished closer together. It looks better than the spaced out version we were working with.



Nice work !

I believe sunny mentioned it's not IP ( the original ) whereas I do tend to agree without the "p" attached it has
That look,Although I made the left p slightly narrower this time to indicate it was behind the top P.




sr. member
Activity: 354
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Sentinelrv I like that one. Made it into an icon. Not sure if I'll keep it but someone else might want it:

120 x 120


80 x 80
hero member
Activity: 680
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Here, I altered the design

That looks awesome dude, nice result. Well done.
sr. member
Activity: 650
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I think we may have a winner!
sr. member
Activity: 826
Merit: 250
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Someone posted a very interesting pie-chart on mining revenue:

That would be me, here is an updated version



LTC gained against all other alt coins broadly, but the BTC portion of the market remains roughly the same vs the alt portion.

Also sal002 of coinchoose.com has expressed interest in reproducing this graph on his site.

Also I was a bit unsure how PPC revenue should be calculated, are block rates for PoS and PoW created at different rates?  I want to know the total growth in market cap for the coin from all sources so I took the numbers from http://www.coinwarz.com/cryptocurrency which says blocks are 10 minutes, rewards are 400 and valuation relative to BTC is 0.00225, did I miss the PoS generation and is their a way to measure it?  http://dustcoin.com/mining lists a market capitalization for PPCoin so I assume it is possible to get a grand total.  If I've made an error and a proper calculation can be provided I will try to see that it's corrected in any future graphs.
legendary
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Merit: 1090
Darn you guys are getting some nice logo designs done.

Where were you designers when DeVCoin was giving out bounties for graphics?

I thing we only have a few bounties left now to give out for such things. Sad

-MarkM-
newbie
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Here, I altered the design just a little bit to connect the two P's at the top and in the middle so it doesn't look like it says IP anymore. What do you think?


Very nice. These designs are constantly improving to more beautiful and impressive direction. To this one I don't even have any suggestions to improve, it's out of my league in a good way Smiley
hero member
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sr. member
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Here, I altered the design just a little bit to connect the two P's at the top and in the middle so it doesn't look like it says IP anymore. What do you think? I actually like the P symbol more now that it's squished closer together. It looks better than the spaced out version we were working with.

hero member
Activity: 764
Merit: 500
sr. member
Activity: 650
Merit: 318
Mjbmonetarymetals, I'm liking each design you post better than the last. The thinner rim around the coin and the redesigned leaf give it a much more simplistic look. What would that design look like with the other P symbol as this one looks like it says IP?
legendary
Activity: 1205
Merit: 1010

I have long thrown out a mixture of PoW and PoS for security. It doesn't have enough differentiation going for it. That's why ppcoin is designed with pure PoS for security, PoW only for minting. But if tacotime can pull it off I would welcome it. Cunicula has touted such designs for ages, my advice would be getting into a practical engineering mode and do not try for the pie-in-the-sky sort of designs. If your design cannot be completed in one year then I would say just forget it as you can see in a year you already would have 100 more altcoins to compete with.
legendary
Activity: 1078
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Bitcoin is new, makes sense to hodl.
legendary
Activity: 1205
Merit: 1010
Someone posted a very interesting pie-chart on mining revenue:



This isn't directly relevant to ppcoin, as we do not depend on energy consumption for network security. But for all the pure proof-of-work cryptocurrencies, it is critical.

Of interest is the LTC vs BTC battle (FTC and CNC are temporary spike of launch). LTC now accounts for 15% mining revenue, vs bitcoin's 65%.

Mining revenue is a direct measurement of network security of pure proof-of-work currencies.

It appears that bitcoin is losing the battle of domination in the long term, for several reasons that seem to be inevitable.

a) bitcoin's inflation rate is much lower than newer altcoins, and future inflation would approach 0

b) to maintain dominance in mining revenue thus network security, it must raise transaction fee to high level, which reduces it's competitiveness as a payment network (dilemma).

If my observation is correct, none of the pure proof-of-work cryptocurrency can maintain dominance. It is an important strategic advantage for a different design such as ppcoin.
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