Well baby jesus, ain't that wondrous ?
Luckily, source code equals documentation and thorough testing. Yep.
Topic: PPCoin showing a lot of activity lately, under-priced? (Read 5622 times)
"Remember PPCoin isn't just a cheap knock off bitcoin clone like most other alt currencies, this is innovative work and it's still in it's infancy. Over the coming months the project is just going to continue growing."
Well baby jesus, ain't that wondrous ?
Luckily, source code equals documentation and thorough testing. Yep.
Well baby jesus, ain't that wondrous ?
Luckily, source code equals documentation and thorough testing. Yep.
ppcoin is open-source. I don't know why people get this idea that it is not.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
Bravo!
See guys. It's even better than we thought.
Lol ok. Well you can't stop someone who wants to believe anything they are told. Ppc is open but the development isn't. It is secretive.
Everything is on github: https://github.com/ppcoin/ppcoin and open source.
All the code is out there in the open, anyone is free to look through it. No-one says he is a godlike coder, that is why there is a tournament being arranged to investigate any weaknesses in the system. You do realise weaknesses were found in Bitcoin too in it's early days?
Remember PPCoin isn't just a cheap knock off bitcoin clone like most other alt currencies, this is innovative work and it's still in it's infancy. Over the coming months the project is just going to continue growing.
Just like all the interest is growing - see the pictures I link to in my original post.
I'm not claiming PPCoin is the next bitcoin but I don't think it should be written off and it has a lot of potential... but I know I can't win you over, you are team LTC til you die.
ppcoin is open-source. I don't know why people get this idea that it is not.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
Bravo!
See guys. It's even better than we thought.
Lol ok. Well you can't stop someone who wants to believe anything they are told. Ppc is open but the development isn't. It is secretive.
Everything is on github: https://github.com/ppcoin/ppcoin and open source.
Um no...I'm afraid you are not reading.
Notice the development tree is a direct copy/paste (as is much of the whitepaper). It's not actually documenting the functions and with a centralized coin, that's especially important.
'experiment' isn't the first thing I like to hear with code that represents value.
Notice the development tree is a direct copy/paste (as is much of the whitepaper). It's not actually documenting the functions and with a centralized coin, that's especially important.
'experiment' isn't the first thing I like to hear with code that represents value.
ppcoin is open-source. I don't know why people get this idea that it is not.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
Bravo!
See guys. It's even better than we thought.
Lol ok. Well you can't stop someone who wants to believe anything they are told. Ppc is open but the development isn't. It is secretive.
Everything is on github: https://github.com/ppcoin/ppcoin and open source.
Er, calm down. I never said it wasn't open source, neither did tacotime.
Open source does not equal decentralized.
Open source does not equal decentralized.
ppcoin is open-source. I don't know why people get this idea that it is not.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
Bravo!
See guys. It's even better than we thought.
Lol ok. Well you can't stop someone who wants to believe anything they are told. Ppc is open but the development isn't. It is secretive.
So then its only a gamble to me 
Sky is the limit.
Sky is the limit.
ppcoin is open-source. I don't know why people get this idea that it is not.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
Bravo!
See guys. It's even better than we thought.
ppcoin is open-source. I don't know why people get this idea that it is not.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
It's open source and same license as bitcoin (MIT). Everyone is free to fork and experiment and that's exactly what novacoin did.
Well, the source code is published on github, but no technical explanation of many of the properties or of the new update has ever been given.
I admit that it's Sunny King's enthusiasm that got me convinced just to park some on my hard drive. As long as it is not open source, it's basically a gamble. To me, it is a better gamble that it concerns something new than the known spin offs of Bitcoin. A better bet than the lottery I would say.
It depends how much you trust a single, secretive developer with your money. Unlike bitcoin development, improvements to the chain are completed by a single person without public testing or public awareness.
If the whole team of bitcoin developers have already introduced a couple catastrophic errors into their chain (overflow transaction generation bug, recent blocksize incompatibility bug) that required a hard-coded fork of the chain to correct, would you really feel confident that PPC can, in the long term, provide you with security?
I would love to recommend PPC and its technical paper, but I can't recommend the former because the latter simply doesn't exist in any adequate fashion.
If the whole team of bitcoin developers have already introduced a couple catastrophic errors into their chain (overflow transaction generation bug, recent blocksize incompatibility bug) that required a hard-coded fork of the chain to correct, would you really feel confident that PPC can, in the long term, provide you with security?
I would love to recommend PPC and its technical paper, but I can't recommend the former because the latter simply doesn't exist in any adequate fashion.
With the memory of Bitcoin 2010 fresh in memory, what's to lose with exposing yourself to PPCoin for a small amount?
Yeah, I pretty much agree right now.
It can be fun to maximize profits through random alt mining and diffuse some hashrate. However, profitability with per block adjustments are tricky to calculate.
Keep in mind, bitcoin is just technology. I think people are getting a little too comfortable with the perceived value of their chain of hashes. Technology evolves.
It can be fun to maximize profits through random alt mining and diffuse some hashrate. However, profitability with per block adjustments are tricky to calculate.
Keep in mind, bitcoin is just technology. I think people are getting a little too comfortable with the perceived value of their chain of hashes. Technology evolves.
Mining is a whole new game though, you are just watching the buy orders and calculating profits based on selling now without much speculation long-term.
Unless you hoard.
Unless you hoard.
Actually I don't hoard PPC! I take what I can now, before it goes back down in price. I do believe in BTC, not in other alt-coins (apart maybe LTC for GPU miners). I come and take a ride while it's worth it, then I move along when the show is over
For me, the long term is Bitcoin, not [put prefix here]coin...
Btw just to add, less than 5% of my cryptocurrency holdings are in PPCoin at present.
Actually, if the profitability remains at 200%, I'd say it's either overpriced, or undermined (in the sense we would expect more people mining it)!
Anyway, I'm currently FPGA-mining it at 2.2GH/s Much more stable lately in profitability than TRC. Can get me around 15~20$/day
Anyway, I'm currently FPGA-mining it at 2.2GH/s
Much more stable lately in profitability than TRC. Can get me around 15~20$/day Mining is a whole new game though, you are just watching the buy orders and calculating profits based on selling now without much speculation long-term.
Unless you hoard.
The more people who get attracted to mining it because of the high profitability, the better it is for PPCoin.
Actually, if the profitability remains at 200%, I'd say it's either overpriced, or undermined (in the sense we would expect more people mining it)!
Anyway, I'm currently FPGA-mining it at 2.2GH/s Much more stable lately in profitability than TRC. Can get me around 15~20$/day
Anyway, I'm currently FPGA-mining it at 2.2GH/s
Much more stable lately in profitability than TRC. Can get me around 15~20$/day Mining is a whole new game though, you are just watching the buy orders and calculating profits based on selling now without much speculation long-term.
Unless you hoard.
As time goes on less problems will arise, if any. ...
Not seeing where I sound naive in my quoted post
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