Litecoin will prosper. There's not much room for another one, unless it's something innovative like PPCoin. Cheap knockoffs like TRC or NVC are ultimately destined for the scrapheap.
PPC is broken and centralized through checkpointing. Enough said.
Nope not broken and no more centralized than Bitcoin. Next.
Uhh just because you say it isnt centralized doesnt make it NOT CENTRALIZED.
Sunny King is creating checkpoints for the POS algorithm every 5 blocks (or so). THAT IS CENTRALIZED DIPSHIT.
Try harder to make PPC out to be something it is not.....PPC is BROKEN.
Also the exploit in the Proof of Stake algorithm has not been proven to be fixed. Of course you knew this given you've been on this forum for such a long time right?
Fail noob is fail noob. Your account was created on February 25th, 2013. So no, your words mean nothing. Do more research and learn more about cryptos then come back and discuss with the adults.
No-one cares what you think Smoothie all you do is TROLL all coins except Litecoin. Troll troll troll. I've only been here a few weeks and already I know that much.
You don't think anyone listens to a word you say do you? They just see Troll Smoothie and read it for a laugh, if they haven't already ignored you.
And by your OWN logic, Bitcoin would be broken. Even now after years things still go wrong with it (read: the recent fork fiasco)
PPCoin has a bright future:
1. The number of people searching google for the phrase 'ppcoin' has tripled in size in march compared to previous months:
Litecoin did a similar thing recently. Terracoin which is also growing in size is also showing a trend increase.
2. There is a LOT of trading activity spiking up in ppcoin lately
Volume chart from vircurex:
BTC price graph:
PPcoin is also being mentioned more on the forums in recent days.
3. Lead developer Sunny is still extremely active and passionate about his vision with 'ppcoins'. Sunny is continually improving the code and is very receptive to new ideas and if something goes wrong you can trust him to fix it. The development is still active unlike a lot of the other alt coins which are barren wastelands. This is not a coin that is just a cheap copy of bitcoin with some tweaks, this a very dinstinctive and innovative coinn. PPcoin stands out amongst the other coins for being, in my opinion, the most innovative with it's proof of stake and low energy consumption. Which leads me onto 3:
4. PPcoin will likely scale better than bitcoin. Bitcoin is already running into problems with the amount of transactions and this will only get exponentially worse. PPcoin will present an alternative. And not only that it should be more of a 'hedge' against Bitcoin since if a flaw is found in Bitcoin it is less likely to be found in PPcoin than other alt currencies.
5. Mining profitability is 150% on dustcoin right now and seems to hover around this mark consistently. (litecoin 163%, terra 135%)
6. It's market cap is 7295 btc, compared to 7168 for terracoin. This is very impressive considering how CHEAP these coins are (about $0.02 ie about 2 cents), much cheaper than terracoin.
7. PPcoin vulnerabilities have now been patched and further to this a tournament is being held to prove the strength of the system and to root out any minor bugs (https://bitcointalksearch.org/topic/ppcoin-stake-generation-tournament-152809) e.g. something similar to double spend for bitcoin.
8. The only downside I see is it's only on vircurex and bitparking. Btc-e don't have it (yet) but the new exchange being developed by neotrix will. The way I see it, you can buy a few k of these coins for peanuts and imo they are the only alt coin left which is cheap and has true potential. Dev coin is very cheap for example but has poor mining rewards due to 90% of the rewards going to the developers , NVC has too much of a scam image now it will never become 'big' + market cap is tiny and fishy, Terracoin is growing but imo is too similar to bitcoin and in a bubble, Namecoin was a brilliant idea but unfortunately was executed wrong and the domain names were too cheap... Actually the other downside I see of ppcoin is it uses the SHA algorithm so will probably get ASICs? This affects all coins apart from Litecoin and NVC though.
