Questions tagged [peercoin]

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votes
2answers
812 views

Sign transaction with multiple inputs using bitcoinj/peercoinj libraries

Good day for everyone! I have some troubles with adding signed Input to the transaction. Currently, I'm working with altCoin (fork peercoin) currency. I'm trying build the transaction in the ...
3
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0answers
342 views

Would like to setup my own mining pool for PPC Peercoin [closed]

I have 8 different antminer ASIC's and I would like to setup my own mining pool. I would like to mine PPC aka Peercoin. Everything seems to be very old as far as tutorials and I am looking for ...
1
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0answers
168 views

Problem occurred in running the abe explorer for public blockchain running locally [closed]

i have my own blockchain working locally i need to run an abe explorer for the same but i encountered with the problem while running the last command where saiyan is my blockchain name python -m ...
4
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1answer
196 views

Do you receive interest on Peercoin if you use an online wallet?

I know Peercoin is proof-of-stake, but if I use an online wallet, will I receive any of the coins generated for my stake? Or do I have to have to download a desktop wallet?
4
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2answers
761 views

How does Peercoin (or other PoS) prevent timestamp forging effecting hash attempts or random minting?

I understand that every second the timestamp & potential transactions is hashed. I guess there exists a "start time" on the block chain we can't roll the clock before because transactions with ...
2
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1answer
62 views

Where could I find Peercoin's documentation?

The whitepaper hosted in the official page is pretty lacking in "whys" so, is there anything that resembles https://bitcoin.org/en/developer-guide with Peercoin? Any technical papers?
1
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1answer
227 views

In Peercoin style Proof of Stake, can one person 'stake' for another's address?

The parameters included in the staking are listed here: // ppcoin kernel protocol // coinstake must meet hash target according to the protocol: // kernel (input 0) must meet the formula // hash(...
1
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1answer
285 views

How often does peercoin minting pay out?

If I have a peercoin wallet and generate coins with the PoS system, how often does it pay me the 1%? Can I change this to every week/month/half year?
1
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0answers
125 views

PeerCoin Pool Payout Issue [closed]

I've got a PeerCoin pool which was working great, and I realized that I didn't set the confirmations to 520, but instead I had them set to 120 and now I've got a message stating the following: We are ...
1
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0answers
260 views

Peercoin: What is the difference and similarity between the PoW difficulty and PoS difficulty? [closed]

As of now the difficult for PoW block (Block #127803) is 183694752.0, and for PoS block (Block #127804) is 10.4918556213. Why are the two values so different? Is there any relation between PoW ...
7
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2answers
615 views

How does a mix between Proof of Work/Stake work? (Peercoin) [closed]

I think I understand Proof of Stake and Proof of Work from a conceptual point now. For themselves both are good ideas for sure, but how would a crypto currency like Peercoin (PPC) combine both of them?...
2
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0answers
104 views

How do the Peercoin nodes verify a new block found by proof-of-stake? [closed]

Is the method for verifying a new block found by proof-of-stake minting the same as if it were found by proof-of-work mining?
2
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0answers
79 views

How does a Peercoin node announce a new block found by proof-of-stake? [closed]

Is the algorithm the same as it is in the case of proof-of-work?
1
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0answers
60 views

What role does stake play in finding a PoS block specifically? [closed]

How does staking more PPC increase one's chances of finding a valid PoS block?
3
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1answer
472 views

Peercoin proof-of-stake: When a person with large computing power and a person with a large stake both compete to generate a new block who wins?

In other words, if one user is trying to find a block using staked coins and another using PoW, which one will find it and why? Will there be a fork in the blockchain in this scenario? If yes, then ...
4
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2answers
233 views

PPC (peercoin) obsoleted by NXT?

PeerCoin has a Proof-of-Stake concept (and a small portion of Proof-of-Work), to secure the network. NXT is using only POS, which makes it even more energy efficient. Will NXT render PPC (PeerCoin) ...
1
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1answer
42 views

How to distinguish addresses currencies apart on php [closed]

I need depending on the address to assign a value of the transaction. Both at the level of php distinguish btc ltc from ppc?
2
votes
1answer
881 views

$40 of peercoin mined per day: possible?

I have a friend who tells me she mines $40 worth of PPC per day per machine. She has around 5 Cointerra ASIC servers working all day long. One server is part of a pool. I don't know enough about ...
2
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1answer
215 views

Why are broadcast checkpoints considered bad?

warren, a LiteCoin dev, said of Peercoin: Good Luck Removing PPC's Centralized Checkpoints Regarding PPC... these amount to empty obfuscating defensive excuses. Sure he wants to remove the ...
1
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0answers
339 views

I am new with peercoin and confused is it mining or not [screenshot] [closed]

I am new in peercoin and trying first time mining of any currency just to see how it works. I installed cgminer but there's an error Probing for an alive pool Network diff set to 91.5 like that ...
4
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3answers
180 views

Is there a precise open specification for the peercoin protocol?

I searched for an open specification of the peercoin protocol (more precise than the white paper) and I couldn't find one. Is it possible to find something similar to the bitcoin protocol ...
2
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1answer
1k views

USB hub busy when mining Peercoin with Red Fury ASIC running Minepeon

I have a RasPI running minepeon 0.2.5, a DLINK USB Hub and a Red Fury USB ASIC Bitcoin Miner 2.2-2.7GH/Sec By BITFURY I've added my pool https://ppcoin.d7.lt/ and things looked good except nothing is ...
2
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1answer
88 views

Turn off fee destruction in PPCoin

In the sourcecode of PPCoin/SRC/MAIN.CPP line 1433 I read: fees are destroyed to compensate the entire network. I want to turn it off that fees are destroyed, if I change this code will it work? // ...
28
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2answers
39k views

How does proof-of-stake “mining” work?

I know and understand the concept of proof-of-stake. Instead of requiring users to do a certain amount of power-intensive hashing "work", it requires you to own a certain stake of the currency in ...
3
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3answers
16k views

How can I mine PeerCoin?

I was wondering how I could mine peercoin - I already have experience mining Bitcoins and Litecoins, yet I can't seem to find any software where I can mine them - I would like to be able to mine them ...
1
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0answers
532 views

I deleted my windows google auth (TOTP), how can I log in on BTER without it? [closed]

To make a short story: I have created an account on bter.com along with TOTP (windows, not phone), then I opened the Google Authenticator for windows, I put the numbers (XXXXXX). I don't remember ...
-1
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1answer
83 views

What is a “search space” in PPCoin and how is it used?

The PPCoin whitepaper describes "search space" without any context of what it is. Can anyone describe what search space is?
7
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4answers
5k views

Where can I trade my altcoins?

I'm looking for an exchange to trade my altcoins against each other to take advantage of the volatility. Any suggestions for altcoin exchanges?
3
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1answer
2k views

Are all strategies to mine PPCoin Proof of Stake blocks equivalent?

Alice, Bob and Charlie each own 100 PPCoin, and would like to generate more using Proof of Stake. Alice keeps her ppcoind running all the time Bob stores them offline for a year, and then runs ...
-1
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1answer
323 views

Can anyone explain this vulnerability in PPC

Can anyone explain the vulnerability of PPCoin and possibly other Proof of Stake coins that might allow an attacker to double spend? I've seen one explanation here: https://bitcointalk.org/index.php?...
1
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2answers
11k views

Solo vs Pool mining for new crypto-currencies?

I have a not-so-good miner in terms of mining, like with CPU mining with LTC, it goes to 15 kHash/s which is pretty low. I thought nor pool mining nor solo mining will earn me much when at this speed....
2
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1answer
728 views

How to generate PPCoins using Proof of Stake?

PPCoins uses Proof of Stake (in addition to Proof of Work) to generate coins. Must the client be online for this generation to happen? Do PPCoins stored in any web wallets / exchanges generate coins ...
9
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3answers
4k views

Is there a way to tell which *coin is most profitable to mine?

Basically a program that could run some hashes for all of the different hash functions that are used in the different big cryptocurrencies and then get the current difficulty from all of them. From ...
1
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1answer
951 views

How does the graph of money supply of PPCoin look like?

We all know how the money supply graph in Bitcoin looks like - exponentially reaching 21,000,00 BTC. How does the same graph behave for PPCoin (A fork that also involves Proof Of Stake)?