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ppc Peercoin #1381
0.35 USD -1.00% 0.00
DAY RANGE
0.35 0.36
Circulating supply 28.7M
Total supply 27.2M
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ppc Price

Current Price 0.35 USD
Price Change 24H 0.00 USD
Price Change 24H -1.00%
Price Change 7D 0.35%
Price Change 14D -0.17%
Price Change 30D 4.02%
Price Change 60D 7.59%
Price Change 1Y -30.21%
Market Cap Change 24H -135,854.8
Market Cap Change 24H -1.33%
Market Cap 10.1M USD
All time high (ATH) 9.45 USD
ATH Change -96.28%
ATH Date 2018, Jan 13

ppc Markets

MEXC
PPC/USDT
Last price: 0.35 USD
Last price: 0.35 USDT
Spread: 1.95%
24H Volume:
9.9K USD
HitBTC
PPC/USDT
Last price: 0.35 USD
Last price: 0.35 USDT
Spread: 1.19%
24H Volume:
1.6K USD
Freiexchange
PPC/BTC
Last price: 0.35 USD
Last price: 0.00 BTC
Spread: 2.43%
24H Volume:
76.7 USD
Uniswap V3 (Ethereum)
0X044D078F1C86508E13328842CC75AC021B272958/0X7D1AFA7B718FB893DB30A3ABC0CFC608AACFEBB0
Last price: 0.41 USD
Last price: 0.40 0X7D1AFA7B718FB893DB30A3ABC0CFC608AACFEBB0
Spread: 0.64%
24H Volume:
734.6 USD
Uniswap V3 (Ethereum)
0X044D078F1C86508E13328842CC75AC021B272958/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48
Last price: 0.40 USD
Last price: 0.40 0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48
Spread: 0.73%
24H Volume:
67.6 USD
Freiexchange
PPC/LTC
Last price: 1.12 USD
Last price: 0.01 LTC
Spread: 2.43%
24H Volume:
0 USD
HitBTC
PPC/BTC
Last price: 0.35 USD
Last price: 0.00 BTC
Spread: 8.54%
24H Volume:
70.6 USD
Komodo Wallet
PPC/KMD
Last price: 0.34 USD
Last price: 0.94 KMD
Spread: 9.14%
24H Volume:
38 USD

* Anomaly - Trading price is an outlier against the average

** Inactive - No trades in the last 3 hours

Peercoin

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 affect the decentralization level and security of the network over time, therefore we choose to develop the Peercoin blockchain as a base layer settlement network with a sole focus on securing all forms of value recorded into the chain. This can be accomplished through Peercoin's philosophy of preserving and maximizing decentralization (which increases security) by developing the majority of features and technologies on top of the blockchain, rather than directly into the blockchain protocol itself.

Thus the Peercoin Team focuses on developing second layer protocols and sub-networks that can interact with the base layer blockchain to adapt it for wide scale use and improve functionality such as tokens, smart contracts and high speed low cost transaction processing. In this way, Peercoin will act as a secure and censorship resistant base layer for the future blockchain connected world.