Questions about peercoin are off topic.
Questions tagged [peercoin]
34 questions
31
votes
3 answers
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 order for you to mine new coins.
But how does the…
Steven Roose
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9
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3 answers
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 there you can determine how many of those coins you…
placeybordeaux
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7
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2 answers
How does a mix between Proof of Work/Stake work? (Peercoin)
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? I mean, when active clients are waiting for the…
Christian P
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7
votes
4 answers
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
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4
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1 answer
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?
lorentzfactor
- 143
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4
votes
2 answers
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 timestamps already exist on the chain. But could we…
samthebest
- 143
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4
votes
2 answers
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) obsolete? Or which disadvantages does NXT have in…
erik
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4
votes
3 answers
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 specification available on bitcoin wiki but for peercoin ?
Pierre Galland
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3
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1 answer
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 ppcoind for a week
Charlie uses some other arbitrary…
ripper234
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3
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0 answers
Would like to setup my own mining pool for PPC Peercoin
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 something that is possible for a non-programmer to get…
Lee Caldwell
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3
votes
1 answer
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 how does the network decide which chain to accept?…
pankajsg
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3
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3 answers
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 on my mac with a GPU, so any applications, or…
Jojodmo
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2
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1 answer
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 for you?
ripper234
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2
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1 answer
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
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2
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0 answers
Peercoin: What is the difference and similarity between the PoW difficulty and PoS difficulty?
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 difficulty and PoS difficulty?
"This block reward…
pankajsg
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