| General information | |
|---|---|
| Global rank: | 1015 |
| Name: |
Peercoin |
| Symbol: | PPC |
| Current coin price (KES): | 50.28 KSh |
| Last hour: | arrow_upward0.300 % |
| Last 24 hours: | arrow_downward-11.79 % |
| Last 7 days: | -2.68 %trending_down |
| Capitalisation (KES): | 1 466 569 513.67 KSh |
| Volume 24h (KES): | 1 307 859.23 KSh |
| Available supply: | 29 166 716.00 PPC |
| Peercoin (PPC) website: | http://peercoin.net/ |
Peercoin/Kenyan Shilling (PPC/KES) price chart
Peercoin/Kenyan Shilling (PPC/KES) 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.