| General information | |
|---|---|
| Global rank: | 4951 |
| Name: |
PHILLIPS PAY COIN |
| Symbol: | PPC |
| Current coin price (STD): | 33.14 Db |
| Last hour: | arrow_upward0.020 % |
| Last 24 hours: | arrow_upward0.030 % |
| Last 7 days: | 0.080 %trending_up |
| Capitalisation (STD): | 0.000000 Db |
| Volume 24h (STD): | 786 523.28 Db |
| Available supply: | 0.000000 PPC |
| Proof type: | PoS |
| Start date: | 23/09/2014 |
PHILLIPS PAY COIN/São Tomé and Príncipe, Dobra (PPC/STD) price chart
PHILLIPS PAY COIN/São Tomé and Príncipe, Dobra (PPC/STD) 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. The security level of the network is not highly energy-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. Blockchain history and transaction settlement are further protected by a centrally broadcasted checkpoint mechanism.