Topic: PPC CRYPTOCURRENCY ACTING FUNNY (Read 1479 times)
who can tell me please.. If my PPCoin wallet is securised (with pass), this wallet will generate Proof-of-Stake ?
so pool owners get a great long term return
The churn on a pools wallet due to withdrawals results in getting a 30 day coin age to be uncommon. The current ppcoin client doesn't take coin age into account when computing inputs for sends. 
so pool owners get a great long term return
Question, can you ever lose your stake?
Or you never lose it?
Do you ever get interest? Or it operates the same way as a normal balance?
Advantages?
Basically the coins used in POS block generation are addressed back to you + a small mining reward .Or you never lose it?
Do you ever get interest? Or it operates the same way as a normal balance?
Advantages?
For Example:
Inputs
Index Previous output Amount From address ScriptSig
0 b984ea7ee7...:1 269.5 P9q1FbSFX8ghMh8EZBk1eo7mjJLfWo7gwu 72:3045...4401
Outputs
Index Redeemed at input Amount To address ScriptPubKey
0 Not yet redeemed 0 Generation Block
1 Not yet redeemed 134.88 P9q1FbSFX8ghMh8EZBk1eo7mjJLfWo7gwu 33:03c7...f7e1 CHECKSIG
2 Not yet redeemed 134.88 P9q1FbSFX8ghMh8EZBk1eo7mjJLfWo7gwu 33:03c7...f7e1 CHECKSIG
269.5 coins were used by the miner as stake to create (Mine) this block.
269.76 coins will be returned to the miner when the block matures (Just like a POW Block) yielding a reward of 0.26 PPC.
No, you cannot lose any stake coins, the "Stake" in "Proof of Stake" refers to using a persons "stake" in the coin to secure the network rather then POW (calculating hashes against a target difficulty) alone.
Question, can you ever lose your stake?
Or you never lose it?
Do you ever get interest? Or it operates the same way as a normal balance?
Advantages?
Or you never lose it?
Do you ever get interest? Or it operates the same way as a normal balance?
Advantages?
You don't lose stakes, the stake returns to balance after 520 blocks and you earn some reward which can be roughly understood as 1% annual interest.
Question, can you ever lose your stake?
Or you never lose it?
Do you ever get interest? Or it operates the same way as a normal balance?
Advantages?
Or you never lose it?
Do you ever get interest? Or it operates the same way as a normal balance?
Advantages?
You are using an older version of the PPC-QT client. The latest version shows the stake balance and understands what stake is. Before that QT-version, the QT client did not understand stake.
The newest version looks like this with stake included in the summary.
https://bitcointalk.org/index.php?topic=101820.340
http://dl.dropbox.com/u/75013537/PPCoin.7z - download address.
There is a configuration option to tell the PPC client to only use coins over a certain balance to generate POS block generation.
From the PPCoin Faq:
The newest version looks like this with stake included in the summary.
https://bitcointalk.org/index.php?topic=101820.340
http://dl.dropbox.com/u/75013537/PPCoin.7z - download address.
There is a configuration option to tell the PPC client to only use coins over a certain balance to generate POS block generation.
From the PPCoin Faq:
Quote
Because stake is withheld from spending for 520 blocks, if you do need to keep your balance around to be spent soon we provided a configuration option 'reservebalance' to help you keep your balance from being used by stake. You can add a line 'reservebalance=10000' to ppcoin.conf and restart your ppcoind. This way ppcoind would try to keep your balance above 10000 coins when generating stakes.
It's the proof of stake transactions. Your coins are old enough and you've generated proof of stake blocks. These reduce your balance for 520 confirmations and then come back with a little bit extra for your troubles.
If you use the command line build and do a "getinfo" you'll see the amount currently set aside for POS blocks as "stake".
If you use the command line build and do a "getinfo" you'll see the amount currently set aside for POS blocks as "stake".
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Perhaps something to do with stake?
These mysterious zeros keep popping up, and my amount keep dropping down.
I originally had 24,000 PPC, but it went to 21,000 then 15,000 and now its 7,900.
What is happening? That's about 10 BTC worth, I hope it doesn't all disappear
I never sent anything, its coming every couple hours.
If this drops to 0, I guess I will have to cancel the PPC faucet, double spending attack?
Thoughts?
I originally had 24,000 PPC, but it went to 21,000 then 15,000 and now its 7,900.
What is happening? That's about 10 BTC worth, I hope it doesn't all disappear
I never sent anything, its coming every couple hours.
If this drops to 0, I guess I will have to cancel the PPC faucet, double spending attack?
Thoughts?
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