Peercoin (PPC) has appeared on the digital currency market in 2012
The electronic payment system Peercoin (PPC) appeared on the digital currency market in 2012, and it was developed based on Bitcoin code. Its founders were Sunny King and Scott Nadal. According to some sources, Sunny King is the pseudonym of several programmers, and guides the process of currency development Scott Nadal.
The developers of Peercoin aspired to make a kind of "upgrade" Bitcoin, so they focused on improving the performance of the virtual system. As a result, the changes have led to the emergence of special merits of Peercoin.
At present, Peercoin's turnover is 25 million coins, and its difference from Bitcoin and Litecoin is the absence of a limit. For Peercoin, there is an inflation rate of 1% per year, and emission is 15 per minute.
Mining PPC, like other crypto currency is carried out using the resources of computers. The Peercoin Miner application allows you to use the resources of mobile devices and turns your phone into an automated miner.