Rank 14
PeerCoin (PPC)
PPC
Just now
$ 0.3657040769 (3.37%)
Mkt. Cap.
$ 10.49 M
Vol. 24H
PPC 8,412.100 ($ 3,076.339)
Open 24h
$ 0.3537981592
Low/High 24h
$ 0.353662539 - $ 0.3727141974
Last trade
PPC 48.700 ( $ 17.810) / CCCAGG
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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.

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PeerCoin (PPC)
0.3657040769 USD (3.37%)
Rank

14
MARKET CAP

$ 10.49 M
VOLUME (24H)

$ 3,076.339

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