I am pretty sure 1% annually of 1/4 x 4 (if you spread to 4 wallets for example) is the same as 1% of 1.
Coin age is quantity of coin x days hoarded. Not coin yes/no x days hoarded.
Topic: Is this a flaw in PPcoin? (Read 527 times)
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
how would that exactly go?
Well, proof of stake says that every 31 days of untouched coins, your client will try to generate POS blocks. So that means you can have a few wallets with some PPC, and then every month you may be able to double them. 
how would that exactly go?
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
No hack or anything, but what stops a person from say sending X PPC to a few wallets and then running a few PPCoin nodes and every month he pretty much doubles his amount. Basically, the more wallets you have with aging coins, the more you will get.
So essentially, you can quadruple your PPcoins in no time.
So essentially, you can quadruple your PPcoins in no time.
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