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Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
suchmoon
on 29/12/2014, 21:30:38 UTC

I was looking up pos-pow transitions and this says that the first one was a few weeks ago? http://cryptocoinupdates.com/first-crypto-to-switch-from-proof-of-work-to-proof-of-stake/ Is that true? Does that mean that paycoin's transition really wasn't done many times before? Or is that article wrong?

The article is not wrong, but it's about a coin that was originally POW and decided to become POS. Apples and oranges. Paycoin was already cloned from a POW/POS coin and hardforks were entirely their own doing. Many altcoins are POW/POS, certainly not a new concept.

Why are you trying so hard to find a way to justify obvious lies? Better focus on actual fact checking. It's really easy to look up Peercoin and find that it was introduced in 2012.