Peercoin PricePPC

Rank #1462

$0.412

-4.38%

amount

PPC

1PPC ≈ $0.412

amount

PPC

1PPC ≈ $0.412

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About Peercoin (PPC)

Contract

0x044d078...21b272958

Explorers

blockbook.peercoin.net

Website

peercoin.net

Community

Tags

ETH

Polygon Ecosystem

Cryptocurrency

The Peercoin network activated in 2012 and is one of the first cryptocurrencies to ever be released. It is responsible for inventing proof-of-stake consensus, which makes it the first efficient and sustainable public blockchain technology. Peercoin was inspired by bitcoin, and it shares much of the source code and technical implementation of bitcoin. The Peercoin source code is distributed under the MIT/X11 software license. Unlike bitcoin, Namecoin, and Litecoin, Peercoin does not have a hard limit on the number of possible coins, but is designed to eventually attain an annual inflation rate of 1%. There is a deflationary aspect to Peercoin as the transaction fee of 0.01 PPC/kb paid to the network is destroyed. This feature, along with increased energy efficiency, aim to allow for greater long-term scalability. With the same cryptographic hash function as Bitcoin (SHA-256), Peercoin is 100 times more energy efficient. Transactions in the Peercoin network are faster and cheaper. If there were not fierce competition on the cryptocurrency market, Peercoin would probably have long since become one of the most important cryptocurrencies. But in 2014 and 2015, however, there were many other interesting innovations in the cryptocurrency market that outperformed peercoin in a number of important properties. In contrast to DASH, Peercoin could not offer anonymity and the transactions in Dogecoin were even faster and cheaper than those of Peercoin. PoS technology ceased to be an advantage of peercoin and PoS continued to spread to other cryptocurrencies. The interest of the users drew it to the side of the minings on the CPUs and GPUs, then to the side of the Smart Contracts and PPC began to get a little forgotten. The Peercoin Team believes that adapting blockchains for wide scale use only through on-chain transactions will negatively aff

Peercoin (PPC) Price Trends

24H High$0.4336

24H Low$0.4027

24H Volume$45.86K

$12.08M

All-Time High(ATH)$9.45

29.33M PPC

All-Time Low(ATL)$0.00000002813

29.33M PPC

100%

∞

$11.82M

Market SentimentNeutral

Live Peercoin (PPC) Price Update

Peercoin price today is $0.412 with a 24-hour trading volume of $45.86K, and as such Peercoin has a market cap of $12.08M, giving it a market dominance of 0.00034%. The Peercoin price moved -4.38% in the last 24 hours.