as the title says…its good to diversify…into PeerCoin!
Exactly, I posted a verification thread on Ghash’s double spends against betcoin dice and weiboed, which has got 85k views so far.
http://weibo.com/3552119670/B7N9D0CmJ
A series of chain reaction has been triggered and there are heated debates on PoW and PoS. I think PPC has received much more exposure than before.
The Chinese community or we are planning to do more free giveaways in the near future.
Diversification is good. But let’s not get ahead of us. Peercoin has its own homework to do. The current Peercoin network POS minting rate isn’t comfortablly high above water yet.
I don’t know. This issue about mining pools having more than 51% seems to be a red herring to me. At least partly. Sure, the pool has more than 51% of the mining power, but can they change the minting protocol in any way? The pool consists of many miners and it does not have any way to force them into using protocol-violating wallets. Sure, it is disturbing, because you do not see how big is the biggest single entity behind the pool, but it seems it could easily be much smaller than the pool itself. No?
Diversification is good. But let’s not get ahead of us. Peercoin has its own homework to do. The current Peercoin network POS minting rate isn’t comfortablly high above water yet.[/quote]
when the cold lock minting comes on, minting may go up considerably
I’m sure many eagerly await cold-locked minting, but I hope the rush to output a method doesn’t compromise security.
I wonder what happened. Discussion on it seems to have stopped, unless it’s just because Sigmike is busy updating Peer4commit.
Yes I’m very busy right now with Peer4commit and Nubit. But I’ll start working on a pull request as soon as I can.
I just listened to this https://www.youtube.com/watch?v=n2r_Anw04cg and I got to tell you, I had now idea how bad this mining derivatives thing is. The host are very critical of CEX.io and at one time even comparing it to a ponzi. At one point the woman brings up Proof-of-Stake and want to hear the other opinion of it, but they kind of just glace over it.
If this keeps on going for a while, I can easily see the hosts actually staring to discuss Proof-of-Stake as a viable alternative or at least an option to consider for those who want to hedge their bets.
What I think would be great, is for us to be there when this happens. We can support them by twittering them, writing to them (they actually beg people to do that on the show). I’m building on some material that could come in handy here: http://www.peercointalk.org/index.php?topic=2976.0;topicseen so if they bring up myths or similar we could share our perspective.