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Topic: PPCoin is now third only to Litecoin and Bitcoin for market cap! - page 2. (Read 3524 times)

legendary
Activity: 1484
Merit: 1005
That it's not a problem, so far.
hero member
Activity: 609
Merit: 506
Better spend it before it generates worthless unspendable stake coins.  Grin  I have a big cache of it right now, still waiting to see how high it goes before I dump it.
Coins generated from stake are unspendable?

Transaction fees are 0.01 per kb, but in many cases (small sums of PPC) the stake generated per block is many magnitudes less than this quantity.  These micro quantities of PPC pile up over time, bloating your input transactions when you try to spend them and resulting in more fees to spend the inputs than the inputs are collectively worth.

Hmm.. that sounds like a problem. What does Sunny say about this?
legendary
Activity: 1484
Merit: 1005
Better spend it before it generates worthless unspendable stake coins.  Grin  I have a big cache of it right now, still waiting to see how high it goes before I dump it.
Coins generated from stake are unspendable?

Transaction fees are 0.01 per kb, but in many cases (small sums of PPC) the stake generated per block is many magnitudes less than this quantity.  These micro quantities of PPC pile up over time, bloating your input transactions when you try to spend them and resulting in more fees to spend the inputs than the inputs are collectively worth.

The 0.8% per year yielded by stake only benefits people holding huge amounts of PPC, and even then it only provides a mild incentive to generate stake blocks.
hero member
Activity: 609
Merit: 506
Better spend it before it generates worthless unspendable stake coins.  Grin  I have a big cache of it right now, still waiting to see how high it goes before I dump it.

Coins generated from stake are unspendable?
member
Activity: 112
Merit: 10
legendary
Activity: 1484
Merit: 1005
Better spend it before it generates worthless unspendable stake coins.  Grin  I have a big cache of it right now, still waiting to see how high it goes before I dump it.
legendary
Activity: 1344
Merit: 1001
PPCoin overtakes Namecoin and moves up to third on the market capitalisation list (see it ranked third on dustcoin.com):



PPCoin is proving to be a real contender with it's innovative ideas and just as importantly, super active developer Sunny! Things will only go up from here when it goes on btc-e.com soon!

All the haters gonna hate now

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