About Peercoin
Peercoin is falling this week. The current price of Peercoin is LAK 7,543.74 per PPC. With a circulating supply of 30,475,875.076 PPC, it means that Peercoin has a total market cap of LAK 229,615,331,319.72. The amount of Peercoin traded has risen by LAK 1,115,644 in the last 24 hours, which is a 1.02% increase. Additionally, in the last day, LAK 109,893,051 worth of PPC has been traded.
The exchange rate of Peercoin is decreasing. The current value of 1 PPC is LAK 7,543.74 LAK. In other words, to buy 5 Peercoin, it would cost you LAK 37,718.68 LAK. Inversely, LAK 1 LAK would allow you to trade for 0.0001326 PPC while LAK 50 LAK would convert to 0.006628 PPC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.61%. Meanwhile, in the last 24 hours, the rate has changed by 27.86%, and that the highest exchange rate of 1 PPC to LAK was LAK 10,533.00 LAK and the lowest 24 hour value was 1 PPC for LAK 7,533.06 LAK. Last month, 1 PPC was worth LAK 6,570.86 LAK. Today, it's up 14.56%. Looking back a year, Peercoin has changed by LAK 7,848.36 LAK. That means that in a single year, the value of Peercoin has shrank by 6.85%.
Peercoin Market Stats
The Peercoin network activated in 2012 and is one of the first cryptocurrencies to ever be released. It is responsible for inventing proof-of-stake consensus, which makes it the first efficient and sustainable public blockchain technology. Peercoin was inspired by bitcoin, and it shares much of the source code and technical implementation of bitcoin. The Peercoin source code is distributed under the MIT/X11 software license. Unlike bitcoin, Namecoin, and Litecoin, Peercoin does not have a hard limit on the number of possible coins, but is designed to eventually attain an annual inflation rate of 1%. There is a deflationary aspect to Peercoin as the transaction fee of 0.01 PPC/kb paid to the network is destroyed. This feature, along with increased energy efficiency, aim to allow for greater long-term scalability. With the same cryptographic hash function as Bitcoin (SHA-256), Peercoin is 100 times more energy efficient. Transactions in the Peercoin network are faster and cheaper. If there were not fierce competition on the cryptocurrency market, Peercoin would probably have long since become one of the most important cryptocurrencies. But in 2014 and 2015, however, there were many other interesting innovations in the cryptocurrency market that outperformed peercoin in a number of important properties. In contrast to DASH, Peercoin could not offer anonymity and the transactions in Dogecoin were even faster and cheaper than those of Peercoin. PoS technology ceased to be an advantage of peercoin and PoS continued to spread to other cryptocurrencies. The interest of the users drew it to the side of the minings on the CPUs and GPUs, then to the side of the Smart Contracts and PPC began to get a little forgotten. The Peercoin Team believes that adapting blockchains for wide scale use only through on-chain transactions will negatively affect the decentralization level and security of the network over time, therefore we choose to develop the Peercoin blockchain as a base layer settlement network with a sole focus on securing all forms of value recorded into the chain. This can be accomplished through Peercoin's philosophy of preserving and maximizing decentralization (which increases security) by developing the majority of features and technologies on top of the blockchain, rather than directly into the blockchain protocol itself. Thus the Peercoin Team focuses on developing second layer protocols and sub-networks that can interact with the base layer blockchain to adapt it for wide scale use and improve functionality such as tokens, smart contracts and high speed low cost transaction processing. In this way, Peercoin will act as a secure and censorship resistant base layer for the future blockchain connected world.
Conversion tables
LAK to PPC values from Today at 3:54 am
LAK 1 LAK = 0.00006628 PPC |
LAK 1 LAK = 0.0001326 PPC |
LAK 5 LAK = 0.0006628 PPC |
LAK 10 LAK = 0.001326 PPC |
LAK 50 LAK = 0.006628 PPC |
LAK 100 LAK = 0.01326 PPC |
LAK 500 LAK = 0.06628 PPC |
LAK 1,000 LAK = 0.1326 PPC |
PPC to LAK values from Today at 6:51 am
0.5 PPC = LAK 3,771.87 LAK |
1 PPC = LAK 7,543.74 LAK |
5 PPC = LAK 37,718.68 LAK |
10 PPC = LAK 75,437.36 LAK |
50 PPC = LAK 377,186.82 LAK |
100 PPC = LAK 754,373.65 LAK |
500 PPC = LAK 3,771,868.23 LAK |
1,000 PPC = LAK 7,543,736.45 LAK |
LAK to PPC over time
LAK | Today | 24H -46.82% | 1M -133.80% | 1Y -95.75% |
|---|---|---|---|---|
0.5 LAK | 0.00006628 PPC | 0.00004779 PPC | 0.00007609 PPC | 0.00006371 PPC |
1 LAK | 0.0001326 PPC | 0.00009557 PPC | 0.0001522 PPC | 0.0001274 PPC |
5 LAK | 0.0006628 PPC | 0.0004779 PPC | 0.0007609 PPC | 0.0006371 PPC |
10 LAK | 0.001326 PPC | 0.0009557 PPC | 0.001522 PPC | 0.001274 PPC |
50 LAK | 0.006628 PPC | 0.004779 PPC | 0.007609 PPC | 0.006371 PPC |
100 LAK | 0.01326 PPC | 0.009557 PPC | 0.01522 PPC | 0.01274 PPC |
500 LAK | 0.06628 PPC | 0.04779 PPC | 0.07609 PPC | 0.06371 PPC |
1,000 LAK | 0.1326 PPC | 0.09557 PPC | 0.1522 PPC | 0.1274 PPC |
Frequently asked questions
Related conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.





