Don't have any complaints. Me and a collegue ordered miners in nov 2013, they got delivered about 2 weeks late. So way faster delivery than any other asic manufacturers I know. The miners worked fine, so no complaints there either. I only wish they could do something about the network difficulty and my electricity bill
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BoardAltcoin Discussion
Re: What is the Most Innovative Cryptocurrency/Technology?
Peercoin. It's the original POS coin, and PPC is where the real POS innovation happens.
have you even used the nxt client?
stacking feature upon feature is not innovation, and according to the trade volume, also not very interesting.
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BoardAltcoin Discussion
Re: What is the Most Innovative Cryptocurrency/Technology?
by
Chillin_with_beer
on 25/09/2014, 11:55:52 UTC
Peercoin. It's the original POS coin, and PPC is where the real POS innovation happens.
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BoardAnnouncements (Altcoins)
Re: [PPC] Peercoin Official Thread: NuBits Has Been Unveiled
by
Chillin_with_beer
on 24/09/2014, 08:43:28 UTC
What makes sure that the custodians keep behaving well? It might pay off to get elected as a custodian, and then park all your nubits instead of selling them for $1. Or keep the dollars after selling a big amount. Did I miss something?
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BoardSpeculation
Re: Bitcoin price drop
by
Chillin_with_beer
on 19/09/2014, 13:03:36 UTC
The speculation forum is a bit like the btc-e trollbox: ppl trying to convince other ppl to get screwed..
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BoardSpeculation
Re: do you think the price manipulated by exchanges ?
I think there is lots and lots of new money coming into bitcoin everyday. I know it is more complicated than supple and demand, but it seems like extra demand and extra people buying would drive the price up. Instead.... the price is softly sinking all the time. That makes me think that there are some unscrupulous traders that have found a way to cipher off all new funds into their pockets. Maybe some kind of crazy arbitrage scheme by big exchanges where exchange owners are selling to their personal accounts cheaply, then selling back to the exchange at higher rates. All the extra money from new players then just gets funneled into the exchange owners pockets instead of the price as a whole going up.
So do I think China is cheating? Yes, 100%. I think there are fake volumes, and that is just the start of it.
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 :]
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BoardAltcoin Discussion
Re: What's going on with the "older" coins?
by
Chillin_with_beer
on 18/09/2014, 06:12:56 UTC
No it indicates that there are no dust transactions, because of the 0.01 transaction fee
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BoardAltcoin Discussion
Re: Peercoin or Bitcoin? Here is the comparison
by
Chillin_with_beer
on 17/09/2014, 09:34:56 UTC
This article was written by someone who looked up all the myths and misunderstandings of ppc, and summed them up without investigating if they're actually valid arguments.. In other words, by a completely uninformed (and probably biased) person.
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BoardAltcoin Discussion
Re: What's going on with the "older" coins?
by
Chillin_with_beer
on 16/09/2014, 19:15:56 UTC
Check out peercointalk.org, all the information about 0.5 and nubits is right there. Although nubits is still a bit of a mistery, the programming team working on it is excellent, so the expectations are pretty high.
if pos so good, why is litecoin still second. take that
Litecoin is older and it's benefiting some kind of network effect as it is the "biggest altcoin" out there. Give PPC a few more months
fixed
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BoardAltcoin Discussion
Re: The Deathblow to Proof of Stake
by
Chillin_with_beer
on 15/07/2014, 11:00:40 UTC
pos is the only sustainable solution so far. What you describe is the problem of one young coin, not pos. See https://www.youtube.com/watch?v=A2jx1TlkMBs , he does a very thorough and clear analysis of pos in the long term.