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Peercoin Price Today in US Dollars

The Kitco Peercoin price Index provides the latest Peercoin price in US Dollars using an average from the world's leading exchanges.

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Peercoin in Various Currencies

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Peercoin vs Other Cryptocurrencies

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Peercoin Basics

WHAT IS PEERCOIN?

Peercoin seeks to be the cheapest, most secure crypto-coin, by rewarding all users for strengthening the network. One of the first crypto-coin networks launched, in 2012, it has established itself as reliable.

WHAT IS PEERCOIN MINTING?

Minting is the equivalent of mining, however it does not require any specialized hardware. It can be done on any computer, and is based on the Peercoins that you hold rather than your processing power, thereby being energy efficient. Minting helps secure the network, and is rewarded with 1% annually.

WHAT ARE ALTCOINS?

The term ‘altcoins’ is short for alternative coins. Given that Bitcoin was the first cryptocurrency to surface in the market, the other digital currencies that emerged are referred to as altcoins.

WHAT IS BLOCKCHAIN?

A blockchain is a digital ledger recording cryptocurrency transactions, maintaining records referred to as ‘blocks’ in a linear, chronological order.

WHY USE A BLOCKCHAIN?

Using a blockchain ensures security and manages digital relationships as part of a system of record.

WHAT IS DISTRIBUTED LEDGER?

A distributed ledger is a database, digitally recording transaction information using cryptography, making it secure and unforgeable.

WHAT IS THE DIFFERENCE BETWEEN A BLOCKCHAIN AND A DATABASE?

There are several differences between a blockchain and a database, including the level of control. Blockchains are under a decentralized control, whereas a centralized database creates a dependent relationship between users and administrators. Users tend to prefer confidentiality, which is better achieved through a centralized database. Performance also differs, as a centralized database is able to compute information faster than blockchains.