Peercoin 🌱

in #cryptocurrency7 years ago (edited)

IMG_7504.PNG

Peercoin called PPCoin or peer-to-peer, its the first cryptocurrency which is on a combination of the proof-of-work and of the ownerprincip based.

Peercoin is published by Sunny King (author of the book "Primecoin" in August 2012. The Peercoin is based on the technical principles and the source of Bitcoin. Also, the source-code of the peercoin is available under the MIT-license too.

The diffrence between the Bitcoin is the "hybrid mining":

In contrast to Bitcoin peercoin used a hybrid algorithm of the proof-of-work principle and ownerprincip. The so called "ownerprincip" is used to Dodge a weakness like by the Bitcoin. If by the Bitcoin it may happen when a organization get a monopoly by her mining and the network is vulnerable for the so-called 51%-attack.

Thank you for your intress
your @steemigonzales

Sort:  

is there a cap on the number of coins that can exist or is it infinite?

I don't know I will see and tell you the answer:)

that can have its advantages so long as the inflation is kept under control

PiPi Coin, LOL
lovely post dident know that there is
a coin named after the toilet Box

Nice blog. I was about to start a similair discussion. It always surprises me how people still sell when a crypto goes down. I mean just invest in solid coins and skip the shady ones. Crypto is here to stay. We do need more indept investment analysis. I really advice people to take a look at: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. Check: https://www.coincheckup.com/coins/Peercoin#analysis To check Peercoin Detailed report

Sure, spending your life savings on PEERCOIN might have been the best thing you’ve EVER done…

But you made the bought PPC, you did it with one thing in mind… SHOOTING FOR THE MOON.
PPC has that 10X factor, which you will have to when you wear this shirt in public. You will get the attention of others HODLing PPC, and their girlfriends.

This comfy 100% cotton shirt can be shipped out in a few days

Check it out - https://shirtspice.com/collections/cryptocurrency-t-shirts/products/peercoin-boom-to-the-moon-shirt

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 58949.08
ETH 2306.78
USDT 1.00
SBD 2.47