There was a discussion on Patchcoin in Discord/Telegram a few days ago. I’m just posting a record of it in here so new people reading this thread have more information. One of the people behind the project (Arthur) was answering questions.
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Sentinelrv So fixed supply Peercoin? What is it fixed at, the total supply at block 795,000?
selfwithin Peercoin supply is not fixed. Read Peercoin White Paper. They are talking about Fix supply of Patchcoin.
Looking forward to see thier WhitePaper.
PatchCoin Seems like Proof of stake coin with fix supply with faster UTX. Could be step forward for Smart Contract.
Sentinelrv lol, that’s exactly what I meant.
NPC yawn
HighLow what limited supply?
ppc is inflationary
please let me understand…the development finishes here with PPC and starts with Patchcoin? Or patcoin makes a softFork from PPC chain?
Sentinelrv HighLow, Peercoin developers (with the exception of noface) have nothing to do with Patchcoin.
These Patchcoin guys seem to be launching a fork of Peercoin, but they’re saying their fork will have a fixed supply.
And also they are airdropping their whole supply to Peercoin stakeholders, so you would need to have your PPC in your own personal wallet at the date they mentioned if you plan to claim the airdropped coins. If your coins are on an exchange or somewhere else, I imagine you’re out of luck
Peerchemist Just read the forum post by their guy.
Cybnate Re Patchcoin; Interesting approach a Peercoin/Bitcoin hybrid of kinds. Didn’t NXT/Ardor do the same thing 8+ years ago? Not sure about the deflationary aspects of it, unless there is some really good utilisation or liquidity. Will be interesting to see how this works out. Sounds like a friendly fork, so popcorn is out.
selfwithin Keywords is bitcoin investors ….
MattLM How do you secure PoS without supply inflation?
peerchemist Block producer gets the txn fees?
MattLM Maybe. Little good if tx fees are low to nonexistent.
peerchemist Yup
Cybnate Yep, called forging. You will need good utility or liquidity to be successful indeed.
peerchemist Isn’t ethereum (and hundreds of clones) basically this? You need to be an app chain to survive, basically.
But then again people expect this same thing will sustain bitcoin after the block subsidy stops.
Cybnate Utility is one, another common way to create demand is to somehow put an incentive to turn those transaction fees into demand for the coins.
selfwithin To create demand you need be listed on major exchange. That is it.
exchange will add new user Every years are more people adope crypto.
Arthur This is the critical issue we see too. Bitcoin will one day be forced to solely rely on transaction fees, except they will have to cover the capital and operating costs of their mining infrastructure. Bitcoin will not be able to compete on cost with proof-of-stake coins.
While it’s a far off problem for Bitcoin, its energy waste will become more of an issue in the near future, as AI demands force countries to eliminate their biggest sources of energy waste. We think there may be increasing demand for proof-of-stake coins soon.
We’re introducing Patchcoin as a competitor to Bitcoin, not Peercoin. As evidenced by giving away 100% of the supply. Cybnate is right that our intentions are friendly.
Cybnate Hmm, when coin has fixed supply and demand comes from forging somehow, the value will go up typically. That will create liquidity and the exchanges will come automatically
Arthur and thank you Sentinelrv for clarifying: we are not associated with the Peercoin team, and will continue to make that clear in our eventual announcement
Cybnate In response to Arthur, that Bitcoin is not sustainable long term is clear, but that is likely to be some time away. You might be right that Bitcoin may not be able to compete for the energy required. However that could also increase the price even further in a free market. Hard to tell. Anyway looking forward to your whitepaper, economic model.
Arthur We’re looking forward to sharing more soon, thank you
peerchemist It’s important that it’s never boring around here 
selfwithin They have cool logo.
Arthur All we can promise is that 100% of this is going to Peercoin holders, so even if it’s not for everyone, that’s okay. We’re excited to share it.
And we can promise that no government officials or celebrities are going to rugpull anyone on Patchcoin’s release, which hasn’t been the trend in 2025 so far
Cybnate Don’t forget to share what you are going to do with the unclaimed coins 
Arthur Of course. We plan on offering an extended claims period, with the goal of getting the entire Patchcoin supply claimed for free by Peercoin holders. There will be a way to track that in our client wallet. And to prove that there are no developer reserves or secret funds.
If any are left at the end of the claims period, we’ll likely auction them off for a small development fund. But again - we would prefer not reaching that point.
MattLM There will be plenty of unclaimed coins since a good chunk of ppc hasn’t been moved in some time.
Unless it’s a first come first serve with only a fraction of the ppc supply that can claim?
Arthur The specifics we’ll reveal on 22 February or so.
You’re correct that lots of PPC are held in dead exchanges and abandoned accounts, who we wouldn’t want to make claims. The purpose of our claims period will be to get Patchcoin into the hands of the people who are most involved in the Peercoin community.
So if you’re reading this, chances are you’ll be happy once the claim period begins.
backpacker “To claim your coins in this new project, ensure that your Peercoins are stored in a personal wallet (not on an exchange) by block 795,000, approximately 19 February 2025.”
does it include multisig addresses
Jack17 It does sound interesting. Does the ‘Patch’ in Patchcoin mean it is designed to patch Bitcoin fees faults? Does the distribution include flutter wallet coins or QT wallet coins or both?
backpacker flutter wallet is first class non custodial wallet, it cannot be excluded
NPC depends if they have a forked backend
HighLow in short words…Patchcoin is a soft fork of PPC…a PPC with limited supply…ok…thank you…
Ruby Qw Ruby Qw
What are the details of collection? How can I collect my mobile wallet?
Sentinelrv This has always been one of Peercoin’s core arguments, that Bitcoin’s long-term security remains questionable due to the future transition of mining rewards being an inflation subsidy to being solely provided by transaction fees. Many of us don’t believe this transition will be sustainable.
Peercoin, on the other hand, was designed by Sunny King to solve this problem. PoS inflation in Peercoin is continuous, which ensures PoS minters will always have a monetary incentive to continue producing blocks via minting. This is why Peercoin is called the sustainable cryptocoin. It is energy efficient, yes, but the incentive to secure should last its entire lifespan.
And even though Peercoin’s inflation will never end, it is designed to be limited, not severe (only about 2-3% per year, still trending downward).
Bitcoin could also switch to a continuous block reward in order to solve their problem, but then it would become inflationary and their end goal of 21 million coins could not be met.
Even if Bitcoin did switch to a continuous block reward, it would not be able to compete with Peercoin on inflation. Bitcoin would need to produce enough new coins each year to sustain the costs of the entire mining industry. By comparison, Peercoin doesn’t have massive electricity and hardware costs to support due to its reliance on PoS, so annual inflation can afford to be limited.
MattLM Worth pointing out that, currently, Peercoin inflation does not cause dilution for continuous minters, as the minting reward exceeds the supply inflation. Continuous minters are rewarded with an increased share in the network over time.
Arthur This is exactly what we meant in our pre-ANN by “we view Patchcoin and Peercoin as sister cryptocurrencies – with a shared background, values, and purpose, but each having its own unique characteristics.”
Patchcoin and Peercoin will agree on the basic problem: Bitcoin will become unsustainable in the long term because of what you pointed out. And that proof-of-stake is a better solution.
The “unique characteristics” part of our message is where Patchcoin will differ.
We’ve noticed that everyone here agrees that a minor 2-3% PPC inflation is ideal, and that’s great. The widespread agreement is also because everyone who disagrees isn’t here.
Patchcoin is going to give Peercoin holders an opportunity to have it both ways: one cryptocurrency that has inflation (and more ambitious future utility plans), and one cryptocurrency that has a fixed supply. Two for one, at no extra cost to Peercoin holders.
Patchcoin will bring attention to Peercoin’s technology to an entirely new group of users who - like our development team - strongly prefer fixed-supply cryptocurrencies that function more like digital gold.
peerchemist Basically, the ancient crypto-currency or crypto-asset debate.
MattLM I appreciate your perspective Arthur though gold isn’t fixed in circulating supply as it’s continuously mined.
peerchemist Fixed supply something can not be a currency. It can be a an asset, a pet rock.
Arthur Anything can be a currency. But agreed that fixed-supply functions better as a scarce store of value, rather than a reliable medium of exchange.
I don’t expect to see Patchcoin credit cards any time soon because the price will be volatile, just like Bitcoin.
Arthur I think Bitcoin isn’t any different. A portion of the supply is available to users, and a portion remains to be mined. Just like gold on our planet.
The other nice thing about a free claim is that you’re free to sell at any time. For those who prefer Peercoin’s inflation model, you’ll be able to sell Patchcoin and buy more Peercoin.
MattLM Gold supply should continue to increase much beyond bitcoin which has a hard cap (under current rules). I imagine there is still a lot of gold to mine.
peerchemist when you speak of peercoin technology, do you mean something other than the PoS consensus? For example the in-house Flutter Wallet or ROAST and the upcoming APO soft-fork?
I wonder how will patchcoin rules look like? Is it a 1:1 clone? Does it have some tech features not present in peercoin?
Does it plan to track the peercoin tech advancement in the long term, or try to come up with it’s own?
What are the long term plans anyway?
