4 ms·

It is not centralized - have a look at the whitepaper: http://www.ppcoin.org/static/ppcoin-paper.pdf http://www.ppcoin.org/static/ppcoin-paper.pdf

• BrokenPipe 14y ago
  It is, look at the implementation. https://bitcointalk.org/index.php?topic=101954.0 https://bitcointalk.org/index.php?topic=101954.0
  • zby 14y ago
    Interesting - I have to admit I did not get into these details before.
  • bugle 14y ago
    the "checkpoint" centralization is only meant to be temporary as a means to protect from a 51 percent attack during the mining phase and while the coin (hopefully) becomes more widely accepted. unfortunately, trust must be given to the devs that centralization will indeed be phased out in the future.