Post
Topic
Board Altcoin Discussion
Re: Which Alt Coin you like best
by
mnyonpa
on 13/07/2013, 14:04:23 UTC
Could you clarify what Bitcoin issues does PPC solve? I do not fully understand how PPC is so different from other Altcoins.

As far as I understand, PoS means that in order to make a 51% attack, an attacker should not only possess 51% of the mining power but also have the 51% minting stakes power, which is much harder to accumulate because one has to hold the most of coins for as long as the network exists, which removes the requirement of keeping a large distributed mining network, making PPC very energy efficient in the long run.