What's going on with the "older" coins?

Chillin_with_beer

newbie

Activity: 43

Merit: 0

Quote from: kokojie on September 18, 2014, 09:59:49 AM

Quote from: Chillin_with_beer on September 18, 2014, 01:12:56 AM

No it indicates that there are no dust transactions, because of the 0.01 transaction fee

Not really, since PoS minting can generate a lot of transactions without fees. PPC actually uses a different algorithm for storing the blockchain. I don't know about the technical details, but Sunny King worked some magic into it.

The PPC wallet also has some magical compression, I have several thousand transactions in my PPC wallet (mostly from PoS minting), and it's 302KB.

I have 500 transactions in my Bitcoin wallet, and it became huge, over 10 megabytes, and takes a while to load.

Sweet! This combined with the low inflation rate definitely makes it THE long term investment coin :]

mtwelve

legendary

Activity: 1330

Merit: 1009

No one knows anything about PrimeCoin? I know Darkcoin is releasing rc5 soon, but im on the fence about getting a position into Darkcoin. What do you guys think?

var53

sr. member

Activity: 345

Merit: 250

Quote from: asdlolciterquit on September 17, 2014, 05:20:02 AM

faircoin have new devs and community and it's going to rise again!

I have some faircoins and appreciate the work the new devs and community have put into it. It's breathed new life into an old coin.

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: kokojie on September 18, 2014, 09:59:49 AM

Quote from: Chillin_with_beer on September 18, 2014, 01:12:56 AM

No it indicates that there are no dust transactions, because of the 0.01 transaction fee

Not really, since PoS minting can generate a lot of transactions without fees. PPC actually uses a different algorithm for storing the blockchain. I don't know about the technical details, but Sunny King worked some magic into it.

The PPC wallet also has some magical compression, I have several thousand transactions in my PPC wallet (mostly from PoS minting), and it's 302KB.

I have 500 transactions in my Bitcoin wallet, and it became huge, over 10 megabytes, and takes a while to load.

XMR wallet is even worse. It is just 2 months old, it is over 20MB now.

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: Chillin_with_beer on September 18, 2014, 01:12:56 AM

No it indicates that there are no dust transactions, because of the 0.01 transaction fee

Not really, since PoS minting can generate a lot of transactions without fees. PPC actually uses a different algorithm for storing the blockchain. I don't know about the technical details, but Sunny King worked some magic into it.

The PPC wallet also has some magical compression, I have several thousand transactions in my PPC wallet (mostly from PoS minting), and it's 302KB.

I have 500 transactions in my Bitcoin wallet, and it became huge, over 10 megabytes, and takes a while to load.

Spyrofix

newbie

Activity: 42

Merit: 0

Have also a look at Mastercoin, Namecoin, Feathercoin and Quark...

mtwelve

legendary

Activity: 1330

Merit: 1009

What about primecoin guys? Peercoin is insane right now too....

Chillin_with_beer

newbie

Activity: 43

Merit: 0

No it indicates that there are no dust transactions, because of the 0.01 transaction fee

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: spazzdla on September 17, 2014, 09:30:30 AM

Quote from: OrientA on September 17, 2014, 04:33:53 AM

Quote from: spazzdla on September 16, 2014, 09:59:30 AM

PPC's block chain size is 400 MB...

Is the chain size of 400 MB a good thing or bad? It has been around for over a year.

How is avodiing the problem of the blockchain being 100TB in 10 years a bad thing...

Does 400MB for over a year indicate PPC has not been widely used?

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: OrientA on September 17, 2014, 04:33:53 AM

Quote from: spazzdla on September 16, 2014, 09:59:30 AM

PPC's block chain size is 400 MB...

Is the chain size of 400 MB a good thing or bad? It has been around for over a year.

How is avodiing the problem of the blockchain being 100TB in 10 years a bad thing...

barwizi

legendary

Activity: 882

Merit: 1000

A lot of the guys who released coins at least a year ago or more have abandoned them , there is an effort however already being undertaken to consolidate them

asdlolciterquit

hero member

Activity: 1666

Merit: 565

faircoin have new devs and community and it's going to rise again!

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: spazzdla on September 16, 2014, 09:59:30 AM

PPC's block chain size is 400 MB...

Is the chain size of 400 MB a good thing or bad? It has been around for over a year.

V500

member

Activity: 98

Merit: 10

uno going too.

We had enough of one-week-coins that die within the month of release and have no community. By now even the slowest thinkers realize most of the innovation isn't real and they are fooled and abused for betatesting.
So the logical consequnece is to come back to the old, solid, established coins.

When it comes to ppc: pure POS isn't ready yet. Too many issues. More testing and coding needed. Can take more years until it is reliable. So ppc has been there all the time and is actually more reliable than most shit that came later. So why spoil it? The coin is good and so are all the other old coins that came without a premine. The mindset of 2013 was more valid than the insanity and shitcoin-flood of 2014.

What you fastfood-people don't get is this:

"Perfection is Achieved Not When There Is Nothing More to Add, But When There Is Nothing Left to Take Away"

big innovations don't happen on a daily basis.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: Willisius on September 16, 2014, 08:07:36 PM

Quote from: liquidfunds on September 16, 2014, 08:03:01 PM

How about the oldest alt coin--LTC? still at the low Sad

The oldest altcoin is Namecoin.

Here is an early reference to Namecoin's precursor BitDNS from 2010. https://bitcointalksearch.org/topic/m.28696

mtwelve

legendary

Activity: 1330

Merit: 1009

Quote from: Willisius on September 16, 2014, 08:07:36 PM

Quote from: liquidfunds on September 16, 2014, 08:03:01 PM

How about the oldest alt coin--LTC? still at the low Sad

The oldest altcoin is Namecoin.

Huh. I thought it was LTC lol. Think current statement is first coin using a different algorithm?

Willisius

sr. member

Activity: 364

Merit: 250

I'm really quite sane!

Quote from: liquidfunds on September 16, 2014, 08:03:01 PM

How about the oldest alt coin--LTC? still at the low Sad

The oldest altcoin is Namecoin.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: mtwelve on September 16, 2014, 03:13:52 PM

Is it correct in assuming if you own nxt or dogeparty you also have a part of any asset issued through the respective protocols?

no. you have to buy them with nxt or xdp.

liquidfunds

full member

Activity: 125

Merit: 100

How about the oldest alt coin--LTC? still at the low Sad

rikkejohn

hero member

Activity: 644

Merit: 500

people are moving on, and maybe looking for something that could have value. A lot of the older ones were vanity coins.

I got a tip about a couple of coins about to come out. If they appear, I think we might have another reason not to buy Doge or Digital Coin.

Topic: What's going on with the "older" coins? (Read 1874 times)