Peercoin PPC
#832$0.748−4.4% 24hMarket cap $22.8M24h volume $6,002
Overview
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Best flexible rates
No Earn products for PPC right now
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Active launchpools
No active launchpools with PPC right now
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Next unlock
No scheduled unlocks
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Exchanges with this coin
None of the 11 exchanges on Polarly has Earn products or launchpools with PPC
About Peercoin
- Market cap
- $22.8M
- #832 on the market
- Volume 24h
- $6,002
- 0.0% of market cap
- Circulating
- 30.5M PPC
- no max supply
- Launched
- 20 Aug 2012
- 14 years
- All-time high
- $9.45
- 12 Jan 2018 · −92.1% from ATH
- All-time low
- $2.81E-8
- 13 Apr 2022
- Consensus
- Proof of Stake
- Type
- Smart contract platform
- Smart Contract Platform
- Polygon Ecosystem
- Ethereum Ecosystem
- Proof of Stake (PoS)
- +1
Website ↗ · Explorer ↗ · X ↗ · GitHub ↗
Project description
The Peercoin network activated in 2012 and is one of the first cryptocurrencies to ever be released. It is responsible for inventing proof-of-stake consensus, which makes it the first efficient and sustainable public blockchain technology. Peercoin was inspired by bitcoin, and it shares much of the source code and technical implementation of bitcoin. The Peercoin source code is distributed under the MIT/X11 software license. Unlike bitcoin, Namecoin, and Litecoin, Peercoin does not have a hard limit on the number of possible coins, but is designed to eventually attain an annual inflation rate of 1%. There is a deflationary aspect to Peercoin as the transaction fee of 0.01 PPC/kb paid to the network is destroyed. This feature, along with increased energy efficiency, aim to allow for greater long-term scalability.
Read more
With the same cryptographic hash function as Bitcoin (SHA-256), Peercoin is 100 times more energy efficient. Transactions in the Peercoin network are faster and cheaper. If there were not fierce competition on the cryptocurrency market, Peercoin would probably have long since become one of the most important cryptocurrencies. But in 2014 and 2015, however, there were many other interesting innovations in the cryptocurrency market that outperformed peercoin in a number of important properties. In contrast to DASH, Peercoin could not offer anonymity and the transactions in Dogecoin were even faster and cheaper than those of Peercoin. PoS technology ceased to be an advantage of peercoin and PoS continued to spread to other cryptocurrencies. The interest of the users drew it to the side of the minings on the CPUs and GPUs, then to the side of the Smart Contracts and PPC began to get a little forgotten.
The Peercoin Team believes that adapting blockchains for wide scale use only through on-chain transactions will negatively affect the decentralization level and security of the network over time, therefore we choose to develop the Peercoin blockchain as a base…
Source: CoinGecko
Earn on PPC
No Earn products for PPC on the 11 exchanges right now
Questions and answers
- What is Peercoin (PPC)?
- The Peercoin network activated in 2012 and is one of the first cryptocurrencies to ever be released. It is responsible for inventing proof-of-stake consensus, which makes it the first efficient and sustainable public blockchain technology. Categories: Smart Contract Platform, Polygon Ecosystem, Ethereum Ecosystem, Proof of Stake (PoS), Proof of Work (PoW).
- How many PPC are there and what is the maximum supply?
- 30.5M PPC are in circulation; the maximum supply is not capped.
- What is the all-time high price of PPC?
- $9.45 (12 Jan 2018). This is a historical value, not the current price. The price is now $0.748, 92.1% below the high.
Launchpools with PPC
There have been no launchpools with PPC