P

Peercoin

PPC
Rank #1734

$0.26

-3.56%
(24H)

Fundamentals

Today's Low
0.261
$0.26
Today's High
0.275

Price & Market Stats

Peercoin Price$0.26
24h High / 24h Low$0.26 / $0.27
Trading Volume$8.73
Price Change (24h)-$0.01
Price Change Percentage (24h)-3.563%
Market Cap Rank#1734
Market Cap$7,850,271.00
Market Cap Change (24h)-$292,821.42
Market Cap Change Percentage (24h)-3.596%
Volume / Market Cap0.0000
All-Time High
$9.45
All-Time Low
$0.00

About Peercoin

What Is Peercoin?

Peercoin (PPC) is the first cryptocurrency to adopt a hybrid Proof-of-Stake/Proof-of-Work consensus, introduced in 2012 as an energy-efficient alternative to Bitcoin. Its design rewards both miners and coin-holders, with staking reducing the need for continuous mining.

Who Are the Founders of Peercoin?

Created by software engineer Sunny King (a pseudonym) and Scott Nadal, who sought to address Bitcoin’s high energy consumption and centralization risks.

What Makes Peercoin Unique?

As the pioneer of PoS, Peercoin’s hybrid model drastically cuts energy usage and encourages long-term holding, since stakers earn 1% interest annually simply by running a wallet.

How Is the Peercoin Network Secured?

Secured by a blend of PoW mining for block discovery and PoS staking for block validation; coin-holders lock coins in their wallets to participate in consensus and earn minting rewards.

What Is Peercoin’s Role in the Crypto Ecosystem?

Often viewed as a “green” Bitcoin alternative, Peercoin demonstrates PoS viability and has inspired numerous later PoS projects. It also serves as a test-bed for governance and staking experiments.

How Is Peercoin’s Technology Upgraded?

Upgrades occur via community-driven Peercoin Improvement Proposals and soft forks. Code changes are reviewed on GitHub and deployed by node operators when a supermajority signals readiness.

Who Are the Largest Corporate Holders of Peercoin?

As an open-source community project, there are no formal corporate holders; significant PPC is held by early miners and long-time community stakeholders.

Frequently Asked Questions

Yes. Peercoin is legally recognized as a non-security cryptocurrency in most jurisdictions, subject to AML/KYC where required.
The protocol itself is robust, but endpoint vulnerabilities (wallet exploits, exchange hacks) remain the primary risk for fund loss.
No. Peercoin is rarely accepted for day-to-day purchases; it’s mostly traded or staked for rewards.

Team

SK
Sunny King
HR
hrobeers
calculator-asset

Turn Your Crypto Trades Into a Filing-Ready Report

KoinX auto-calculates your gains & losses, making your tax report accurate, compliant, and audit-ready.