General information | |
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Global rank: | 1015 |
Name: |
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Symbol: | PPC |
Current coin price (AOA): | 354.52 Kz |
Last hour: | arrow_upward0.300 % |
Last 24 hours: | arrow_downward-11.79 % |
Last 7 days: | -2.68 %trending_down |
Capitalisation (AOA): | 10 340 235 071.48 Kz |
Volume 24h (AOA): | 9 221 227.98 Kz |
Available supply: | 29 166 716.00 PPC |
Peercoin (PPC) website: | http://peercoin.net/ |
Peercoin/Angolan Kwanza (PPC/AOA) price chart
Peercoin/Angolan Kwanza (PPC/AOA) capitalisation and volume charts
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.