$ 1.670 1.83%

PeerCoin (PPC) Rank 251

Market Cap $41.22 M
Volume 24H 8748 PPC
Open 24H $1.640
Low/High $1.610 - $1.700
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Description

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.

Mkt.Cap $ 41.22 M Volume 24H 8,748.00 PPC
Market share 0.01% Total Supply 0.00000000 PPC
Proof type Open $ 1.64
Low $ 1.61 High $ 1.70
Date Price Volume