Review on Peercoin by Pedro O. Alvino M.
good market record
Peercoin was the first cryptocurrency to introduce the now common proof-of-stake mining system.
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The earnings from the participation test are fixed, while the mining earnings decrease over time. Still, they are higher than the earnings per proof of stake.
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Peercoin is specifically designed to become a currency that can be used in different stores
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Pros
- He has a good track record of his Blockchain career.
- It has a proof-of-stake consensus algorithm that does not require high power consumption.
- It allows any computer connected to the network to participate in the blockchain security process.
- It has the facility to offer instant payments.
Cons
- As it is a relatively old currency, its price has declined in recent years.
