What kind of currency is PPC coin? Introduction to the official website, circulation and trading platform of PPC coins

PPC, a cryptocurrency based on the Bitcoin protocol, utilizes a proof-of-stake consensus mechanism, offering energy efficiency and low transaction fees.

Oct 17, 2024 at 03:35 am

1. About PPC Coins

Peercoin (PPC) is a cryptocurrency that was launched in 2012. It is based on the Bitcoin protocol but introduces several modifications, including a proof-of-stake consensus mechanism.

2. Official Website

The official website of PPC is https://peercoin.net/.

3. Circulation

As of February 2023, the circulating supply of PPC coins is approximately 29 million.

4. Trading Platforms

PPC coins can be traded on several cryptocurrency exchanges, including:

Binance
Bittrex
Poloniex
HitBTC
Cryptopia

5. Characteristics of PPC Coins

Proof-of-Stake Consensus: PPC uses a proof-of-stake consensus mechanism, where blocks are produced by nodes with the highest stake in the network.
Energy Efficiency: Proof-of-stake is significantly more energy-efficient than proof-of-work, which is used by Bitcoin.
Low Transaction Fees: PPC transactions typically have lower fees compared to Bitcoin transactions.
Fast Confirmation Times: PPC blocks are confirmed quickly, with an average block time of 10 minutes.
Limited Supply: The total supply of PPC coins is capped at 28.8 million, creating a deflationary aspect to the currency.

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