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Peercoin uses both the proof-of-work and proof-of-stake algorithms. Both are used to spread the distribution of new coins. During its primary years, Peercoin relied heavily on PoW, although there has now been a transition to PoS. Proof-of-stake is used to secure the network: The chain with longest
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Zhao, Wenbing; Yang, Shunkun; Luo, Xiong; Zhou, Jiong (26 March 2021). "On PeerCoin Proof of Stake for
Blockchain Consensus".
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To recover from lost coins and to discourage hoarding, the currency supply targets growth at 1% per year in the long run.
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807:
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Peercoin is based on an August 2012 paper that listed the authors as Scott Nadal and Sunny King. King, who also created
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A transaction fee prevents spam and is burned (instead of being collected by a miner), benefiting the overall network.
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Saleh, Fahad (2021-03-01). "Blockchain without Waste: Proof-of-Stake".
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ICBCT'21: The 3rd
International Conference on Blockchain Technology
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473:"In Bitcoin's orbit: Rival virtual currencies vie for acceptance"
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342:, is a pseudonym. Peercoin was the first implementation of a
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390:"Wary of Bitcoin? A guide to some other cryptocurrencies"
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PoS coin age wins in case of a blockchain split-up.
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349:The Peercoin source code is distributed under the
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230:Variable; depends on network difficulty
471:Popper, Nathaniel (24 November 2013).
18:
1682:Decentralized autonomous organization
7:
1752:
483:from the original on 1 February 2014
108:Scott Nadal, Sunny King (pseudonym)
644:from the original on 30 April 2023
613:from the original on 30 April 2023
582:from the original on 30 April 2023
14:
1692:Distributed ledger technology law
443:"Peercoin: Defined and Explained"
1862:Currencies without ISO 4217 code
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1815:
1803:
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551:from the original on 3 June 2021
25:
505:The Review of Financial Studies
453:from the original on 2024-02-04
400:from the original on 2016-10-18
1:
1882:Currencies introduced in 2012
1822:Free and open-source software
195:12 August 2012, 18:00:00 UTC
126:12 August 2012, 17:57:38 UTC
1872:Application layer protocols
753:Cryptographic hash function
1918:
1735:
1712:Initial exchange offering
1687:Decentralized application
1667:Cryptocurrency in Nigeria
601:Nagalim (14 March 2021).
422:. ACM. pp. 129–134.
297:
24:
1717:List of cryptocurrencies
1604:Crypto service companies
1395:Cryptocurrency exchanges
346:–based cryptocurrency.
246:27.5M PPC (6 April 2022)
118:"Peercoin Documentation"
1877:Cryptocurrency projects
428:10.1145/3460537.3460547
1652:Complementary currency
758:Decentralized exchange
743:Cryptocurrency tumbler
1707:Initial coin offering
1662:Cryptocurrency bubble
1193:Basic Attention Token
763:Decentralized finance
748:Cryptocurrency wallet
541:"Peercoin Definition"
1702:Environmental impact
1672:Cryptocurrency scams
689:at Wikimedia Commons
539:Frankenfield, Jake.
1357:Inactive currencies
634:"What is Peercoin?"
572:"What is Peercoin?"
518:10.1093/rfs/hhaa075
201:Timestamping scheme
21:
1897:Private currencies
1892:Digital currencies
817:Proof of authority
788:Non-fungible token
768:Distributed ledger
477:The New York Times
357:software license.
243:Circulating supply
161:Development status
105:Original author(s)
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778:Lightning Network
685:Media related to
308:Peer-to-Peer Coin
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1677:Digital currency
1657:Crypto-anarchism
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1302:HBAR (Hashgraph)
1285:Other currencies
921:Ethereum Classic
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724:Cryptocurrencies
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669:Official website
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512:(3): 1156–1190.
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638:The Motley Fool
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396:. 2013-05-11.
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344:proof-of-stake
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324:proof-of-stake
320:cryptocurrency
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272:(6 April 2022)
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34:Denominations
32:
28:
23:
1768:
1756:
1744:
1621:Initiative Q
1138:
979:Bitcoin Gold
890:
871:Counterparty
866:Bitcoin Cash
646:. Retrieved
637:
632:Daly, Lyle.
627:
615:. Retrieved
606:
596:
584:. Retrieved
575:
570:Daly, Lyle.
565:
553:. Retrieved
545:Investopedia
544:
534:
509:
503:
497:
485:. Retrieved
476:
466:
455:. Retrieved
446:
441:Daly, Lyle.
436:
419:
413:
402:. Retrieved
393:
384:
371:
368:
364:
348:
337:
315:
311:
307:
303:
302:
251:Supply limit
227:Block reward
192:Ledger start
169:Source model
1846:Numismatics
1722:Token money
1611:Hyperledger
1483:EDX Markets
1347:WhopperCoin
1243:Stablecoins
487:25 February
394:Arstechnica
172:Open source
114:White paper
100:Development
1856:Categories
1642:BitLicense
1586:QuadrigaCX
1569:bankruptcy
1533:ShapeShift
1478:Crypto.com
1365:BitConnect
1317:MobileCoin
1086:currencies
945:Bitconnect
940:Auroracoin
844:currencies
810:mechanisms
738:Blockchain
731:Technology
457:2023-12-25
404:2017-06-14
376:References
238:10 minutes
235:Block time
1810:Economics
1798:Anarchism
1473:Coincheck
1375:KodakCoin
1223:Shiba Inu
1208:KodakCoin
1198:Chainlink
1124:Injective
1098:Avalanche
1060:Primecoin
808:Consensus
526:0893-9454
361:Economics
340:Primecoin
330:systems.
289:.peercoin
259:Valuation
254:Unlimited
154:/peercoin
152:/peercoin
1834:Internet
1746:Category
1468:Coinbase
1448:Bitstamp
1428:Bitpanda
1418:bitFlyer
1413:Bitfinex
1337:SafeMoon
1297:Filecoin
1276:USD Coin
1144:Polkadot
1139:Peercoin
1119:Gridcoin
1113:Ethereum
1093:Algorand
1070:Vertcoin
1040:AmbaCoin
970:Equihash
960:Litecoin
955:Dogecoin
915:Ethereum
891:Peercoin
886:Namecoin
881:MazaCoin
783:MetaMask
648:30 April
642:Archived
617:30 April
611:Archived
607:Peercoin
586:30 April
580:Archived
555:30 April
549:Archived
481:Archived
451:Archived
398:Archived
318:, is a
304:Peercoin
270:US$ 0.67
136:0.11.0 /
55:Subunits
20:Peercoin
1784:Portals
1758:Commons
1637:Airdrop
1616:IQ.Wiki
1581:Mt. Gox
1552:Defunct
1538:Uniswap
1498:Genesis
1433:Bithumb
1408:Binance
1380:OneCoin
1342:Stellar
1228:The DAO
1218:Polygon
1188:Aventus
1103:Cardano
896:Titcoin
861:Bitcoin
852:SHA-256
334:History
312:PP Coin
282:Website
277:Website
222:SHA-256
205:Hybrid
182:MIT/X11
178:License
89:1000000
87:⁄
82:
68:⁄
63:
1591:Thodex
1518:Kucoin
1513:Kraken
1493:Gemini
1463:Circle
1438:BitMEX
1423:Bitkub
1370:Coinye
1332:Ripple
1307:Helium
1271:Tether
1176:tokens
1174:ERC-20
1149:Solana
1108:EOS.IO
1012:-based
1000:Monero
972:-based
950:Coinye
933:-based
931:Scrypt
908:-based
906:Ethash
854:-based
687:PPCoin
524:
187:Ledger
164:Active
148:github
39:Plural
1559:BTC-e
1543:Upbit
1503:Huobi
1488:eToro
1443:Bitso
1385:Petro
1266:Terra
1213:Minds
1183:Augur
1159:Tezos
1154:Steem
1115:(2.0)
1065:Verge
1033:Other
1024:Petro
984:Zcash
917:(1.0)
314:, or
1770:List
1523:Kuna
1453:BTCC
1403:Abra
1322:Nano
1312:Luna
1292:Chia
1256:Diem
1233:TRON
1050:IOTA
1045:Firo
1019:Dash
876:LBRY
798:Web3
773:Fork
650:2023
619:2023
588:2023
557:2023
522:ISSN
489:2014
326:and
291:.net
209:and
150:.com
47:Code
1564:FTX
1528:OKX
1458:BUX
1327:NEO
1261:Pax
1251:Dai
1203:Kin
1164:TON
1134:Nxt
1129:Kin
1010:X11
514:doi
424:doi
355:X11
351:MIT
316:PPC
287:www
70:100
50:PPC
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