I am looking for someone who can produce a coindays-destroyed chart for PTS. Any ideas?
https://en.bitcoin.it/wiki/Bitcoin_Days_Destroyed
This should be a very interesting chart.
It could nullify all the talk about botnets holding most of the shares pretty easily.
Quote from: arubi on December 05, 2013, 12:37:46 AM
This should be a very interesting chart.
It could nullify all the talk about botnets holding most of the shares pretty easily.
How? I understand what Coindays Destroyed measures.
Quote from: smiley35 on December 05, 2013, 07:23:40 AM
Quote from: arubi on December 05, 2013, 12:37:46 AM
This should be a very interesting chart.
It could nullify all the talk about botnets holding most of the shares pretty easily.
How? I understand what Coindays Destroyed measures.
My take is that if we can show that enough PTS have changed hands during major rallies, it would be safe to assume that botnet operators have sold their fortune and the PTS is now in the hands of honest investors.
Maybe if we can compare this chart to another coin's chart (like bitcoin), and there are enough similarities, then it's proof that PTS are organically distributed.
Please correct me if I'm wrong about this
Quote from: arubi on December 05, 2013, 11:44:54 AM
Quote from: smiley35 on December 05, 2013, 07:23:40 AM
Quote from: arubi on December 05, 2013, 12:37:46 AM
This should be a very interesting chart.
It could nullify all the talk about botnets holding most of the shares pretty easily.
How? I understand what Coindays Destroyed measures.
My take is that if we can show that enough PTS have changed hands during major rallies, it would be safe to assume that botnet operators have sold their fortune and the PTS is now in the hands of honest investors.
Maybe if we can compare this chart to another coin's chart (like bitcoin), and there are enough similarities, then it's proof that PTS are organically distributed.
Please correct me if I'm wrong about this
There is a lot we could learn from it, including the relative proof-of-stake security.
Does anyone know the values that should go into bitcoin-abe in order to parse the PTS blockchain?
magic number, genesis transaction hash.. etc.