PPC – Peercoin
Peercoin (previously known as PPcoin) is the first sha-256 coin with proof-of-stake (PoS) implemented in addition to proof-of-work (PoW). Launch date: 19 August 2012. Peercoin was created by software developer Sunny King.
Peercoin’s proof-of-stake system was developed to address the high energy consumption of Bitcoin.
Official website with wallet downloads: http://peercoin.net/
There are 20.7 million Peercoins in existence as of November 2013 and the current inflation created by proof-of-work mining is at about 8%.
The change of Peercoin money supply is determined by:
- Proof-of-work mining (increases supply)
- Proof-of-work difficulty (higher difficulty decreases reward per block)
- Number of transactions (more transactions decrease supply because of the current 0.01 PPC transaction fee)
- Proof-of-stake system (increases supply at a rate of up to 1% per year)
Important PPC features:
- The more people are mining, the smaller the block reward gets. This is intended to decrease energy consumption in the long term.
- The more people are using Peercoin as a currency and exchange them, the more Peercoins will be burned as transaction fees.
- The more people are saving Peercoin, the nearer the PoS inflation will be to 1% per year, (approximately compounding every 520 blocks, or about once per month).
(source: http://en.wikipedia.org/wiki/Peercoin)
Peercoin forum: http://www.peercointalk.org/
Recommended PPC mining pool: https://ppcoin.d7.lt/
Always remember to use the latest client version from the official website.
By H Reyes March 6, 2014 - 20:10
I’d like to invest a small amount of money. (I don’t have much…) How do I begin.
By Hector July 6, 2014 - 13:53
Here is a list from were you can buy
Im from US to I buy it from Coin Market exchange
By Hector July 6, 2014 - 13:53
http://www.peercoin.net/resources#buying
my bad here is the list
By Ppc Altcoin – NXTinfo December 8, 2017 - 05:49
[…] Important features: The more people are mining, the smaller the block reward gets. […]
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