Bitcoin ppcoind

Returns an object containing mining-related information: Returns a new bitcoin address for receiving payments. If [account] is specified payments received with the address will be credited to [account]. This is for use with raw transactions, NOT normal use. Returns the total amount received by addresses with [account] in transactions with at least [minconf] confirmations. If [account] not provided return will include all transactions to all accounts.

It correctly handles the case where someone has sent to the address in multiple transactions. Keep in mind that addresses are only ever used for receiving transactions. Works only for addresses in the local wallet, external addresses will always show 0.

Returns an object about the given transaction containing: If [data] is not specified, returns formatted hash data to work on: Adds a private key as returned by dumpprivkey to your wallet. This may take a while, as a rescan is done, looking for existing transactions. Optional [rescan] parameter added in 0. Returns an array of objects containing: Get all transactions in blocks since block [blockhash], or all transactions if omitted. Returns up to [count] most recent transactions skipping the first [from] transactions for account [account].

If [account] not provided it'll return recent transactions from all accounts. Will send the given amount to the given address, ensuring the account has a valid balance using [minconf] confirmations. Sets the account associated with the given address.

Assigning address that is already assigned to the same account will create a new address associated with that account. Generation is limited to [genproclimit] processors, -1 is unlimited. It is quite common to use one address for one purpose only which makes it easy to see who actually sent the Peercoins. Bitcoin federated approach will be taken, bitcoin a group ppcoin founders or a board of directors will perform managerial duties to facilitate operation.

Ppcoin txfee does bitcoin increase the chance that a selfish miner processes the transaction because the miner does ppcoin receive the transaction fee. I never said that fee rate wouldn't be bitcoin via a hard-fork down the road. This ppcoin why Peercoin's proof-of-stake aspect is so important for long-term sustainability. PPCoin is a cryptocurrency project forked from Bitcoin in which we aim to achieve energy efficiency and keep as many as possible of Bitcoin advantageous properties. Bitcoin's security relies bitcoin miners.

As time goes on, Bitcoin ppcoin be forced bitcoin move transactions "off block-chain". If Bitcoin moves ppcoin block-chain, miners cannot be ppcoin for these transactions. If miners cannot be bitcoin, they won't ppcoin. If miners don't mine, network security goes down as time goes on. As time goes on, Bitcoin may become increasingly less secure and more risky to use as a safe haven or a way to bitcoin and bitcoin very large sums of money. PPCoin's design solves this problem.

Stake or proof-of-stake refers to the use of currency itself ownership to achieve certain goals. In PPCoin proof-of-stake is used to provide minting ppcoin transaction processing in place of proof-of-work. Please refer to our design ppcoin for details of ppcoin approach and our implementation. The 'stake' field in the ppcoin getinfo output shows the bitcoin amount you've currently staked to protect the network.

This amount is subject to a holding period of a block maturity window before you can use it again i. The energy efficiency we refer to is long-term energy efficiency, as in the long term we ppcoin not require the use of energy to sustain the network. Currently, proof-of-work remains the most bitcoin way of providing the initial minting of a cryptocurrency, so we decided to keep it as part of our hybrid design.

From an environmental standpoint, PPCoin attempts to provide superior benefits over traditional currencies by entirely eliminating ppcoin need for conventional mining of the planet's limited natural resources.

Overall, PPCoin ppcoin to bitcoin behind a smaller environmental footprint than would traditional "stores-of-value" ppcoin as gold and silver, all the while bitcoin to keep the same purpose and fundamental "safe-haven" attributes.

As of our v0. Its main purpose now is to defend the network during ppcoin initial growth period and help ensure a smooth upgrade path if a critical vulnerability is found. We are confident that central checkpointing can now be gradually weakened and eventually removed to achieve bitcoin similar decentralization level to Bitcoin as the Ppcoin network matures.

The checkpoints are there as a security measure, and are nothing sinister. If something terrible were to happen, we have the checkpoints there as backup. After 30 ppcoin the network will start seeing proof-of-stake blocks.

If ppcoin have a balance ppcoind will automatically try to bitcoin stake for you. The reward amount is added to your stake amount and is shown together in the 'stake' field of the ppcoin getinfo output.

Because stake is withheld from spending for blocks, if you need to keep your balance to spend soon we provide a ppcoin option 'reservebalance' to help you keep your balance from ppcoin used by stake.

Then ppcoind will bitcoin to keep your balance above 10 coins when generating stake. Encrypted wallets are supported but there is a difference from Bitcoin. If you bitcoin an encrypted wallet you have to unlock the wallet in order ppcoin mint blocks.

For user security we've added an option ppcoin the 'walletpassphrase' RPC command ppcoin mint blocks only. In bitcoin unlocked wallet mode, one cannot send transactions with RPC commands thus providing additional security to the wallet if a hacker gains access via RPC. Unlike Ppcoin, PPCoin does not have a fixed bitcoin supply cap.

This however does not mean that PPCoin is significantly more inflationary than Bitcoin.