“A message from crypto-enthusiast community to another crypto-enthusiast community.”
I guess you have noticed quick decline of LTC in few past days, which is nothing but consequence of slow “bleeding out” ever since ASIC’s got into scrypt mining. What LTC promised to people is decentralization, and they told people that they would always be able to mine on their GPUs and always participate in the network in meaningful way. Like all cryptos that use PoW this promise has proved impossible to fulfil, proving once again that PoW is a flawed concept.
Now, when there are hordes of disappointed people left bag-holding LTC is perfect time for PPC to step in and prove it is second best.
What PPC can offer to common LTC enthusiast (not whale) is right to participate on the network without having to invest into expensive ASIC’s. This is chance for PPC community to tell LTC community that we were right.
We do not need ASIC’s, we only need Peercoins to participate. And we can participate in secure and cheap way, for example Raspberry Pi + Peerbox and soon we will have cold-locked minting.
This benefits are starting to show, as we have PoS difficulty over 17. Which is larger than sum of next 10 PoS coins.
What Peercoin also offers is stable backbone for Peershares, and we need damn fine text to explain what Peershares is and how they enable easy creation of DAC. Then mention Nu as successful example.
It should also say that we are based on original Satoshi client, and stay close to upstream BTC (Unlike NXT or BitShares).
I propose marketing strike @LTC community.
But be careful, make sure we have delivered all the explanations to avoid looking as a scam. To this folks we must approach humbly, and be sure to note this blockchain is 2 years old and never had any problems, we have large participation in minting, active development (list major projects), no premine, etc.
We have proven PoS works (and yes, admit checkpoints but we are phasing that out) and now we need to spread it.
This project should be completed and launched while BTC is under 300$ and LTC under 2$. If possible during next week.
Let’s do it?