
Peercoin
by Peercoin Foundation
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What problem does this service solve?
Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly.
Company Details
- Peercoin Foundation
- https://peercoin.net
- Founded 2014
- Amsterdam, Netherlands
- First Proof-of-Stake Cryptocurrency
Token Stats
About Peercoin
Peercoin is the first Proof-of-Stake (PoS) cryptocurrency. It was created in 2012 and is one of the oldest and most reliable cryptocurrency networks in the crypto sector. The protocol was developed by Sunny King and Scott Nadel, both of whom are anonymous. Sunny King also created Primecoin and VEE.
Peercoin’s PoS consensus mechanism is now widely used in the blockchain space, and allows every network participant to be both a miner or an owner. The project is focused on creating a cryptocurrency platform that will be stable, secure, energy efficient, and distributed fairly.