Peercoin
| Last updated | 11 hours ago |
| Price per PPC in USD | $ 0.3500486024718 |
| Price per PPC in Bitcoin | 0 |
| Volume over the last 24 hours | $ 53,666 |
| Market cap in USD | $ 10,451,223 |
| Change in % over the last hour | -0.03560858 |
| Change in % over the last 24 hours | -0.10327274 |
| Change in % over the last 7 days | -1.14896668 |
| Block chain updated | 21 hours ago |
| Block height | 836960 |
| Difficulty | 4678701491.7447 |
| Current supply | 29855612.931159 |
PPC specifications
| Name | Peercoin |
| Symbol | PPC |
| Minable | Yes |
| Algorithm | N/A |
| Prooftype | PoS/PoW |
| Block explorer | PPC block explorer |
Coin description
Peercoin (PPC) is a cryptocurrency that combines proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanisms to ensure energy efficiency and long-term sustainability. Peercoin emphasizes security, decentralization, and low transaction fees, making it suitable for everyday payments.
Peercoin Hybrid Consensus Model
Peercoin's hybrid consensus model reduces reliance on energy-intensive mining while maintaining network security. Its staking mechanism allows users to earn rewards by holding and validating transactions, promoting decentralization and fairness. For example, businesses can use Peercoin to process payments securely without worrying about high fees or congestion.
One of Peercoin's strengths lies in its focus on longevity. By implementing a predictable monetary policy and sustainable design, it fosters trust and reliability among its users. Keywords like Peercoin hybrid consensus and PoS rewards are closely tied to this project.