Peercoin

From Coin Wiki
Jump to: navigation, search
Peercoin logo

Peercoin, also known as PPCoin (an abbreviation for Peer-to-Peer Coin), is a cryptocurrency first mined on August 16, 2012. Unlike other cryptocurrencies, there is no limit to the number of coins that can be created.[1] Peercoin increases energy efficiency by maintaining an annual inflation rate of 1%. This also allows for "greater scalability" over time.[1]

Additional Resources

References

  1. 1.0 1.1 Bitcoin Competitors: What You Should Know About 6 Alternative Cryptocurrencies by Ryan W. Neal (January 14, 2014), International Business Times