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Peercoin

Peercoin (PPC)

$ 0.41
-6.06 %
Main info
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Market cap
$13.79M
-6.06 %
Volume (24h)
$4.91K
-6.06 %
Circulating supply
30,359,279 PPC
Total supply
30,359,279 PPC

About Peercoin

Peercoin (PPC) first came online in 2012, making it one of the earliest pioneering blockchains. The key innovation of Peercoin is its invention of proof-of-stake, an alternative consensus protocol to Bitcoin’s proof-of-work.Proof-of-work blockchains are secured by proving the consumption of a costly limited resource: electricity. Proof-of-stake replaces this expensive security protocol by utilizing an alternative scarce resource: time.Due to the cost efficient nature of proof-of-stake’s time based consensus rules, Peercoin is capable of allowing any network connected computer to participate in the blockchain’s security process. This efficiency strengthens Peercoin by growing the number of security providers and ensuring that security can be sustained over the long-term.

Key data

updated $0
Market cap$13.79M
Volume 24h$4.91K
Circulating supply30.36M
All-time high$9.45-96% from peak · 2018-01-12

Peercoin (PPC) is one of the oldest cryptocurrencies, launched back in 2012 as a fork of Bitcoin. Its big idea was energy efficiency: instead of relying purely on heavy mining, Peercoin pioneered a hybrid approach to securing the network. The coin trades under the ticker PPC and remains mineable today.

Frequently asked questions

What is Peercoin and how is it different from Bitcoin?

Peercoin (PPC) is a cryptocurrency created in 2012 as a fork of Bitcoin, so it shares much of Bitcoin's codebase. Its main difference is the focus on energy-efficient network security rather than pure mining power. It was actually the first coin to introduce proof-of-stake concepts to the crypto world.

How does Peercoin's consensus mechanism work?

Peercoin uses a proof-of-work (PoW) system, meaning the network is secured by miners solving computational puzzles. The project's original innovation was combining this with a stake-based component to reduce energy consumption over time. This hybrid thinking influenced many later cryptocurrencies.

How is Peercoin's supply and emission structured?

Peercoin has no hard cap on total supply — unlike Bitcoin's 21 million limit. New coins are created through mining rewards and a small annual inflation rate of about 1% distributed to coin holders. This design was intended to encourage spending rather than pure hoarding.

How can I store and use Peercoin?

PPC can be stored in the official Peercoin wallet available on the project's website, peercoin.net, which comes in desktop and mobile versions. As a mineable coin, it can also be obtained through mining. Always download wallets only from official sources and keep your private keys backed up securely.