Peercoin is a peer-to-peer cryptocurrency utilizing both proof-of-stake and proof-of-work systems.
What is Peercoin (PPC)?
Peercoin, also known as PPCoin or PPC, is a peer-to-peer cryptocurrency utilizing both proof-of-stake and proof-of-work systems. Bitcoin inspired Peercoin, and it shares much of the source code and technical implementation of bitcoin.
Peercoin (PPC): History
Peercoins inception was fueled by the 2012 whitepaper on Proof-of-Stake mining algorithms. The coin launched in August of 2012 and completed in late 2013. The currency started appearing on exchanges in early 2017 and has since been seeing some fluctuations in its value over time. Even after being in production for five years the project is still being developed actively.
How Does Peercoin (PPC) Work?
Peercoin’s Peer4commit, which is a central development hub and portal allows developers to earn PPC rewards for taking and completing projects on the platform. The use of the exclusive checkpointing feature, the network ensures protection from double-spending attacks and also make upgrading in the future that much more straightforward. The peerbox service allows anyone to set up and run a full Peercoin node in a matter of seconds. The lightweight nature of the platform makes it viable to be mined on any devices.
How to Buy Peercoin (PPC)?
Buying Peercoin is a two-step process. First, head over to Coinbase and purchase Bitcoin or Etherium which accepts debit or credit card. If Coinbase is not accessible in your jurisdiction, view our list of markets that sell BTC or ETH for Government issued money. Next, transfer your newly purchased BTC or ETH from your Coinbase wallet to one of the exchanges like Bittrex/ HitBTC/ Cryptopia. The best place to save your coins is in Coinomi.
Peercoin (PPC) Price Prediction 2018
PPC can be a profitable investment option. Peercoin price equal to 1.580 USD at 2018-04-02. If you buy Peercoin for 100 dollars today, you will get a total of 63.285 PPC. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-03-23 is 3.930 US Dollars. With a 5-year investment, the revenue is expected to be around +148.68%. Your current $100 investment may be up to $248.68 in 2022. PPC price today is $1.580 and have a market cap value of $39,099,397. The volume is marked as $373,292, and current supply is 24,687,391 PPC.