Peercoin (PPC)
Details about Peercoin cryptocurrency
Peercoin
PPC
9+ (click to see list)
2012-08-20
Proof of Stake
10
€11,650,248 ( 4.71825%)
€41,184
27,241,365
28,749,108
6.924
Unknown
110545x
€44840.9
Peercoin price charts
PPC exchanges
Peercoin, the crypto
Peercoin (PPC) is a cryptocurrency that was launched in 2012. It was the first cryptocurrency to introduce proof-of-stake (PoS) consensus mechanism, which allows for energy-efficient mining and network maintenance.
The point
The main point of Peercoin (PPC) is to provide a more energy-efficient alternative to proof-of-work (PoW) cryptocurrencies, such as Bitcoin. By using PoS, Peercoin aims to reduce the energy consumption associated with traditional cryptocurrency mining and encourage more sustainable and eco-friendly blockchain operations. Peercoin also aims to offer greater security and scalability than other PoS-based cryptocurrencies.
The problem
Peercoin (PPC) aims to solve the problem of excessive energy consumption associated with traditional PoW-based cryptocurrencies, as well as the problem of centralization that can occur with some PoS-based cryptocurrencies. Peercoin also aims to address the scalability issues that can arise with growing blockchain networks, by using PoS-based checkpoints to ensure security and efficiency.
Compare PPC and BTC performance
Timeframe | PPC | BTC |
---|---|---|
1h change | -0.138527 % | -0.0119024 % |
24h change | 5 % | 1.79811 % |
7 day change | 17.37 % | 8.72443 % |
14 day change | 18.44 % | -0.0693648 % |
30 day change | 22.89 % | 24.6776 % |
200 day change | 40.83 % | 171.948 % |
Year change | -17.63 % | 160.369 % |