Skip to main content

Questions tagged [peercoin]

Questions about peercoin are off topic.

Filter by
Sorted by
Tagged with
0 votes
2 answers
1k 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 ...
Timur Panzhiev's user avatar
3 votes
0 answers
383 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 ...
Lee Caldwell's user avatar
1 vote
0 answers
191 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 ...
Satyam Agrawal's user avatar
4 votes
1 answer
209 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?
smallest_weird_number's user avatar
4 votes
2 answers
943 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 ...
samthebest's user avatar
2 votes
1 answer
76 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?
foobar's user avatar
  • 81
1 vote
1 answer
365 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(...
morsecoder's user avatar
  • 14.2k
1 vote
1 answer
392 views

How often does peercoin minting pay out? [closed]

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?
MagikCow's user avatar
  • 217
1 vote
0 answers
139 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 ...
Warren Bullock III's user avatar
2 votes
0 answers
278 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 ...
pankajsg's user avatar
  • 103
7 votes
2 answers
897 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?...
Christian P's user avatar
2 votes
0 answers
107 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?
pankajsg's user avatar
  • 103
2 votes
0 answers
84 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?
pankajsg's user avatar
  • 103
1 vote
0 answers
64 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?
pankajsg's user avatar
  • 103
3 votes
1 answer
569 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 ...
pankajsg's user avatar
  • 103
4 votes
2 answers
355 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) ...
erik's user avatar
  • 587
1 vote
1 answer
49 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?
user2850846's user avatar
2 votes
1 answer
5k 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 ...
Korgan Rivera's user avatar
2 votes
1 answer
249 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 broadcast ...
Claudiu's user avatar
  • 447
1 vote
0 answers
4k 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 ...
Mohit Bumb's user avatar
4 votes
3 answers
292 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 ...
Pierre Galland's user avatar
2 votes
1 answer
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 ...
Phill Pafford's user avatar
2 votes
1 answer
96 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? // ...
AlCohol's user avatar
  • 37
31 votes
3 answers
45k views

How does proof-of-stake "mining" work? [closed]

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 ...
Steven Roose's user avatar
  • 11.9k
3 votes
3 answers
17k 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 ...
Jojodmo's user avatar
  • 131
1 vote
0 answers
539 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 ...
user9967's user avatar
-1 votes
1 answer
90 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?
makerofthings7's user avatar
7 votes
4 answers
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?
Yaso Eldorado's user avatar
3 votes
1 answer
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 ...
ripper234's user avatar
  • 26.6k
-1 votes
1 answer
335 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?...
q99ujacw's user avatar
  • 159
1 vote
2 answers
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....
Akshat Mittal's user avatar
2 votes
1 answer
737 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 ...
ripper234's user avatar
  • 26.6k
9 votes
3 answers
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 ...
placeybordeaux's user avatar
1 vote
1 answer
976 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)?
ripper234's user avatar
  • 26.6k