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About PPC / PeerCoin

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PeerCoin Description

A peer-to-peer crypto-currency design derived from Satoshi Nakamoto's Bitcoin. Proof-of-Stake replaces Proof-of-Work to provide most of the network security. Under this hybrid design proof-of-work mainly provides initial minting and is largely non-essential in the long run. Security level of the network is not highly enery dependent thus providing an energy efficient and more cost-competitive peer-to-peer crypto-currency. Proof-of-Stake is based on coin age and generated by each node via a hashing scheme bearing similarity to Bitcoins but over limited search space. Block chain history and transaction settlement are further protected by a centrally broadcasted checkpoint mechanism.

  • Price: $0.4291
  • Market Cap: $10,912,631
  • 24h Volume: 128929.07802372999
Technical Details
  • Started: 23/09/2014
  • Algorithm:
  • Proof Type:
  • Total Coins: 25431439.655951
  • Website: PeerCoin
  • Twitter: @peercoinppc

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