A peer-to-peer crypto-currency design derived from Satoshi Nakamoto's Bitcoin. Proof-of-Stake replaces Proof-of-Work to provide most of the network security. Under this hybrid design proof-of-work mainly provides initial minting and is largely non-essential in the long run. Security level of the network is not highly enery dependent thus providing an energy efficient and more cost-competitive peer-to-peer crypto-currency. Proof-of-Stake is based on coin age and generated by each node via a hashing scheme bearing similarity to Bitcoins but over limited search space. Block chain history and transaction settlement are further protected by a centrally broadcasted checkpoint mechanism.
Visit website open_in_newMarket share | 0.00% |
Proof type | — |
24h Open | $0.50 |
24h Low | $0.44 |
24h High | $0.50 |
Price in BTC | 0.00000729330266 BTC |
Current Supply | 28,854,802 PPC |
Market cap | $13,314,086 |
24h Volume (coin) | 1,026 PPC |
24h Volume (currency) | $473 |
Last updated | 2024-05-04 10:10:02 +01:00 BST |
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