Peercoin (PPC) is an energy-efficient, decentralized cryptocurrency utilizing both proof-of-stake (PoS) and proof-of-work (PoW) mechanisms. More
| Fully Diluted Valuation | $9.01M |
|---|---|
| 24H Trading Volume | $59,896 |
| 24H Low / High | $0.30 / $ 0.30 |
| Circulating Supply | 29.77M |
| Total Supply | 29.77M |
| Max Supply | ∞ |
| Categories | Proof of Stake (PoS) 4 more |
|---|---|
| Founder | Sunny King 1 more |
| Website | peercoin.net |
| Socials | 7 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Polygonscan 6 more |
| Contracts |
0x044....72958
1 more
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| Name | Pair | OG Score |
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Peercoin (PPC), launched in August 2012 by Sunny King and Scott Nadal, is a cryptocurrency designed to be environmentally friendly and sustainable. Unlike Bitcoin and other traditional cryptocurrencies that rely solely on energy-intensive mining (Proof-of-Work), Peercoin utilizes a dual approach of Proof-of-Stake (PoS) and Proof-of-Work (PoW).
Energy Efficiency
Peercoin stands out for its energy-efficient model. While Bitcoin mining consumes vast amounts of electricity, Peercoin's PoS system requires significantly less energy. It validates transactions and creates new coins based on the number of coins held and their age in the wallet, rather than computational power.
Security and Decentralization
Peercoin ensures security through a combination of PoW and PoS. Initially, PoW distributes coins and secures the network. Over time, PoS encourages coin holders to participate in block validation, promoting decentralization and network integrity.
Community and Governance
The Peercoin community plays a crucial role in governance. Holders can vote on proposals and decisions, ensuring democratic control over the network's evolution. This decentralized approach fosters transparency and inclusivity within the Peercoin ecosystem.
Continued Development
Since its inception, Peercoin has been actively developed and supported by a passionate community. It integrates innovations from the broader cryptocurrency world while maintaining its commitment to sustainability and efficiency.
Conclusion
Peercoin pioneers a sustainable path in cryptocurrency, proving that blockchain security doesn't have to come at the cost of excessive energy consumption. With its innovative PoS and PoW blend, Peercoin offers a viable alternative for those concerned about environmental impact without compromising on security or community governance.
Peercoin distinguishes itself with an energy-efficient dual consensus mechanism (PoW and PoS), promoting sustainability in cryptocurrency.
Peercoin was founded by Sunny King and Scott Nadal in August 2012.
Peercoin operates under the governance of the Peercoin Foundation, which oversees its development and community initiatives.
You can buy Peercoin (PPC) on MEXC, Uniswap V3 (Ethereum), Uniswap V2 (Ethereum), Quickswap, Freiexchange cryptocurrency exchanges.
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