Hashing algorithm Peercoin

Peercoin information

Peercoin, also known as PPCoin, is a peer-to-peer cryptocurrency utilizing proof-of-stake and proof-of-work systems.

Peercoin is based on an August 2012 paper which listed the authors as Scott Nadal and Sunny King. Sunny King, who also created Primecoin, is a pseudonym. Nadal's involvement had diminished by November 2013, leaving King as Peercoin's sole core developer.

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%. This feature, along with increased energy efficiency, aims to allow for greater long-term scalability.

Specifications

Maximum Supply: no maximum
Algorithm: SHA-256 / Proof of Stake
Mining: CPU & ASIC
Pre-Mine: none
Block Reward: 99.89 PPC
Block Halving: at every 16x network hashing power increase
Difficulty Target-Time: 10 Minutes
Block Confirmations: 6 Network Confirmations
Launch Date: August 19, 2012

Social

Facebook

Twitter

Forum

Block Explorer

Blockr.io

Bkchain

Bit Info Charts

Ports

RPC Port: 9902

Pools

Downloads

Desktop Wallets Mobile wallets Web Wallets Paper Wallets
Peercoin Qt Wallet.Peercointalk

Source Code

GitHub/Peercoin

White Paper

PPCoin: Peer-to-Peer Crypto-Currency with Proof-of-Stake

Services/Other

Gambling

Satoshi Roulette

Faucet

Peercoin Faucet

Charitable Organizations

Sean's Outpost - Feed the hungry with PPC

Holy Angels Church - Chicago USA

Voluntary Virtues - Michael Shanklin

Misc Resources

Peercoin website Buttons by agorobits of Sierra Permaculture Design - Peercoin accepted here/Tips Welcomed/Learn More/etc...

Peercoin vs Bitcoin

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