Why Peercoin sucks?

General
1

No, really.
Try to answer. I came up with some idea and need this feedback.

2

Things are going slow around here.

3
  • Some important features present in Bitcoin still need to be ported/merged to Peercoin.
  • Our community is relatively small
  • No proper marketing strategy in place
  • Lack of activity from the core dev team
  • PPC’s price drop and currently at its lowest level
  • PPC’s big holders are mainly early adopters, we need new big investors so that the coins change hands
  • Most of our devs switched to Nubits and don’t seem to come back (yet?)
  • Lack of transparency/communication about the future of Peercoin
  • SLL not implemented for peercoin.net/download
  • No Peercoin iOS wallet
  • Fees at 0.01 are fixed (if price explosion, that will be very problematic)
  • The coin’s distribution is too slow
  • PoW’s diff/reward can be abused by big mining whales (farms)
  • No supply limitation for PoW’s reward (although it is written in the white-paper that PoW can be disabled in the future… but when and how?)

I think this is pretty much it for my part. But, I still prefer PPC to BTC (and currently only holding PPC)! :wink:

4

No public figures.

5

Care to explain what exactly do you mean by that?
Are you referring to anonymity of most of the members or that we lack “important” people who will back this coin?

6

Care to explain what exactly do you mean by that?
Are you referring to anonymity of most of the members or that we lack “important” people who will back this coin?[/quote]

That we lack “important” people. Anonymity of Sunny King and most of the members is not a problem to me, it is maybe even beneficial, but I think Peercoin would strongly benefit from a public face. Preferably a developer rather than just a marketing person, and someone who is well-known in the cryptosphere along the lines of Antonopoulos or Vitalik Buterin. Most other major projects have someone who can advocate for the community on podcasts and at conferences etc. The fact that there are no major figures publicly talking about Peercoin doesn’t inspire confidence, as people trust things more when others aren’t afraid to show that they have skin in the game.

7

+1