Peercoin uses a hybrid proof of stake and proof of work where minters gain coins in relation to their holding and where miners gain coins in relation to the hashing power pointed at the network.
As proof of stake is not very energy intensive – it doesn’t require solving of a partial hash inversion problem – Peeroin’s unique selling point has been its green credentials. With Peercoin they have designed the proof of work block reward to halve every time the difficulty increases sixteen times.
Coin: PeerCoin (PPC)_x000D_
Algorithm: N/A_x000D_
Proof Type: N/A_x000D_
Fully Premined: 0_x000D_
Total Coin Supply: N/A
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