[ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 99.

Sunny King

legendary

Activity: 1205

Merit: 1010

Quote from: Vitalicus on April 04, 2013, 08:21:36 PM

Sunny !!!!

Quote

This week novacoin hit a protocol issue which required update. I have helped Balthazar to switch the protocol....

Is NVC a concurent of PPC ?
I protested to minning NVC on SOLO mining, when it was easy to mine, because it has relased only in russian forum, and was premined.
Now YOU help NVC ?

I try to help all altcoins irregardless whether I like them or not myself, yeah even for novacoin which is a fork of ppcoin, I know many other people would outright hate copycat projects of their creation but I have a different mindset. I think many of us don't yet realize that even though we are competing against each other in the market, we are really all part of a big team leading the world into a new era.

tacotime

legendary

Activity: 1484

Merit: 1005

Quote from: Praxis on April 04, 2013, 08:27:42 PM

This is my humble opinion but as far as I understand it, the Proof-of-Stake model offers better protection from 51% attack as the attacker would have to own 51% of all coins which would be virtually impossible to accomplish (even if, say, the Chinese Gov't wants to buy all ppc the price of the ppc would increase exponentially, making it impossible even for them to own the majority). - It's easier to control majority of processing power than majority of coins. - This is just my partial understanding of the PPC whitepaper, I'm still struggling with it.

This would be a special case situation in which no one is using PPC for currency and in which we disregard any effect of PoW I would think, as PPC only generate stake blocks after sitting and doing nothing for 30 days. In the case where 50% of the coins in the network are being actively transferred between persons, you only need 25% or more of the network to perform such an attack using stake blocks if we were to disregard PoW entirely. The more coins that are being actively traded, the less stake required to perform an attack.

But PoW is never disregarded by the chain, rather Sunny King just assumes that PoW blocks will be mined with exponentially increasing hash rate with the same overall power output. PoS actually makes it quite a lot easier to attack the network in the event that the PoW hash rate isn't very high and a lot of PPC is being actively traded, so long as the attack is well premeditated (as you need to wait to accumulate coinage).

Praxis

legendary

Activity: 1118

Merit: 1004

Quote from: aspirez on April 04, 2013, 08:10:21 PM

Hi, is ppcoin protected from 51% attack?

This is my humble opinion but as far as I understand it, the Proof-of-Stake model offers better protection from 51% attack as the attacker would have to own 51% of all coins which would be virtually impossible to accomplish (even if, say, the Chinese Gov't wants to buy all ppc the price of the ppc would increase exponentially, making it impossible even for them to own the majority). - It's easier to control majority of processing power than majority of coins. - This is just my partial understanding of the PPC whitepaper, I'm still struggling with it.

Vitalicus

full member

Activity: 467

Merit: 100

DIA | Data infrastructure for DeFi

Sunny !!!!

Quote

This week novacoin hit a protocol issue which required update. I have helped Balthazar to switch the protocol....

Is NVC a concurent of PPC ?
I protested to minning NVC on SOLO mining, when it was easy to mine, because it has relased only in russian forum, and was premined.
Now YOU help NVC ?

aspirez

newbie

Activity: 41

Merit: 0

Hi, is ppcoin protected from 51% attack?

pyra-proxy

hero member

Activity: 490

Merit: 500

Trying to dig through the numerous posts and ppc site, to try and confirm how windows proof of stake mining is done? Do windows users just need the ppc qt app and some coins? Or is there more involved?

Thanks! Given the stability and unique offering I decided to take the plunge and try it out a bit for a while. At least while my bitcoins are cooking in this storm of growth :-) lol

Sunny King

legendary

Activity: 1205

Merit: 1010

Quote from: irritant on April 04, 2013, 06:12:48 PM

is there some error with http://www.proofofstake.com/ ?

at the Minted Daily chart, it looks like there are 0 coins minted since March the 20th, that can't be right , no?

Looks like Andy's site hasn't been updated.

irritant

sr. member

Activity: 473

Merit: 250

Sodium hypochlorite, acetone, ethanol

is there some error with http://www.proofofstake.com/ ?

at the Minted Daily chart, it looks like there are 0 coins minted since March the 20th, that can't be right , no?

Sunny King

legendary

Activity: 1205

Merit: 1010

Quote from: doublec on April 04, 2013, 05:28:44 PM

Support for getblocktemplate and sendblock are the only blockers for my pool to have stratum on PPC. Currently at almost 500 Ghash/s on getwork is causing some strain with the setup I have unfortunately. That and the memory leak. I've set ppcoind to be restarted every two hours to stop crashes due to that.

Happy to know you have a workaround in place for now.

doublec

legendary

Activity: 1078

Merit: 1005

Quote from: punin on April 04, 2013, 04:22:09 PM

Will there be stratum support also?

Support for getblocktemplate and sendblock are the only blockers for my pool to have stratum on PPC. Currently at almost 500 Ghash/s on getwork is causing some strain with the setup I have unfortunately. That and the memory leak. I've set ppcoind to be restarted every two hours to stop crashes due to that.

punin

hero member

Activity: 560

Merit: 500

Will there be stratum support also?

iruleeveryone28

newbie

Activity: 14

Merit: 0

This was a very long thread and this question may have been asked, but I just don't have time to read it!

What is the difficulty mining PPC, I assume it is nowhere near the level of bitcoin. I.E. a 7970 running LTC @ 680khash/s, what sort of return would be expected mining PPC? Would a more robust rig be more worthwhile?

Sunny King

legendary

Activity: 1205

Merit: 1010

Quote from: coinotron on April 04, 2013, 09:17:37 AM

Sunny King, do you have any plans to introduce new stuff from bitcoin 0.8 i.e. getblocktemplate, getrawtransaction etc ?

Yes bitcoin 0.8 features are planned for next release.

coinotron

legendary

Activity: 1182

Merit: 1000

Sunny King, do you have any plans to introduce new stuff from bitcoin 0.8 i.e. getblocktemplate, getrawtransaction etc ?

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: Sunny King on April 03, 2013, 09:00:17 PM

Quote from: burnside on April 03, 2013, 08:14:32 PM

I didn't get the upgrade done in time I guess. Now I've updated by following the instructions on the forum thread about how to update.

But my balance is missing a bunch of coins (~1/5th) and when I do a listtransactions it looks like I have three orphan transactions that look like they might represent my missing coins.

Will a -rescan fix this?

Another interesting thing in 0.3.0, listaccounts shows my balance roughly 5x higher than getbalance and getinfo.

Thanks!

Try

ppcoind checkwallet

if it reports something other than check passed, backup wallet first. and then run

ppcoind repairwallet

This should fix your wallet. Let me know how it goes.

Awesome. That got my balance back in getinfo/getbalance. The listaccounts is still ~5x off, must be something unrelated?

Thanks for the assist!

Sunny King

legendary

Activity: 1205

Merit: 1010

Quote from: burnside on April 03, 2013, 08:14:32 PM

I didn't get the upgrade done in time I guess. Now I've updated by following the instructions on the forum thread about how to update.

But my balance is missing a bunch of coins (~1/5th) and when I do a listtransactions it looks like I have three orphan transactions that look like they might represent my missing coins.

Will a -rescan fix this?

Another interesting thing in 0.3.0, listaccounts shows my balance roughly 5x higher than getbalance and getinfo.

Thanks!

Try

ppcoind checkwallet

if it reports something other than check passed, backup wallet first. and then run

ppcoind repairwallet

This should fix your wallet. Let me know how it goes.

hod928

newbie

Activity: 14

Merit: 0

how do you figure out the price per usd?

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

I didn't get the upgrade done in time I guess. Now I've updated by following the instructions on the forum thread about how to update.

But my balance is missing a bunch of coins (~1/5th) and when I do a listtransactions it looks like I have three orphan transactions that look like they might represent my missing coins.

Will a -rescan fix this?

Another interesting thing in 0.3.0, listaccounts shows my balance roughly 5x higher than getbalance and getinfo.

Thanks!

chriswen

hero member

Activity: 756

Merit: 500

I was wondering what is the current ppcoin block reward?

dreamwatcher

legendary

Activity: 1064

Merit: 1000

Quote from: punin on April 03, 2013, 09:28:19 AM

I'm running ppcoind behind a very strict firewall and it's not working. What port do I need to open? 9902? 9901? Or both?

9901 is the port that PPCoin communicates over the internet to other nodes.

9902 is the command RPC port that ones uses locally.

Technically you should not have to open port 9901, normally a firewall will only block ports that have not been solicited from within the network they are protecting. It would be difficult for any connection to work otherwise. For example you make an initial connection to a webpage at port 80, then the web sever sends back other ports to continue communicating on. This works because you solicited the web server and the firewall keeps track.

Anyway,
The coin daemons can still communicate, they just cannot accept blind connections they did not solicit in the first place. The vast majority of people run their daemons that way.

But 9901 is the port to open if you are behind some strange firewall config.

Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 99. (Read 684864 times)