Rank #1600
ppc Peercoin
$ 0.4495
0.00%
0.05457 BTC
457 satoshies0.00%
Market Cap
13,17 MLN. $
24 Hour Trading Vol
1,901.0613 $
Circulating Supply
29,31 MLN.
Total Supply
29,31 MLN.
Max Supply
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Fully Diluted Valuation
13,17 MLN. $
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About Coin
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.
Where is Peercoin available for purchase?
You can exchange PPC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Peercoin is MEXC, notably the PPC/USDT pair, which saw a trading volume of $ 1,883.4 in the past day. Additionally, Freiexchange and Slex are popular alternatives for trading tokens.
What is the highest value Peercoin (PPC) has ever reached?
Peercoin (PPC) reached its peak price at 9.45 $ on 13 January 2018, approximately 7 years ago ago. Presently, the current price is -95.24% lower than this all-time high.
What is the historical minimum price for Peercoin (PPC)?
The minimum price reached for Peercoin (PPC) was 0.072813 $, documented on 14 April 2022, more than 3 years ago. In comparison, the current price is 1,59 BN.%, it above this historical low.
What is the fully diluted valuation of Peercoin (PPC)?
The fully diluted valuation (FDV) of Peercoin (PPC) stands at $ 13,17 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of PPC tokens. The realization of this FDV might take several years depending on the emission schedule of PPC tokens.
How to add Peercoin (PPC) to MetaMask?
By integrating Peercoin (PPC) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import PPC as a token. You can either manually import PPC by copying its contract address (0x044d078f1c86508e13328842cc75ac021b272958) or use MetaMask's Chrome extension to add PPC with a single click through Pirate.Place.
How to add Peercoin (PPC) to TrustWallet?
Incorporating Peercoin (PPC) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include PPC, you can either manually import it using the contract address (0x044d078f1c86508e13328842cc75ac021b272958) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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