Peercoin PPC to Moss Coin MOC Exchange

Crypto Pair Details: PPC to MOC

Peercoin PPC

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 encryption algorithm 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.

Moss Coin MOC

MomoCash is an innovative cryptocurrency. A form of digital currency secured by cryptography and issued through a decentralized and advanced mining market. Based on Dash, it's an enhanced version, featuring the masternode technology with 50% Reward, near-instant and secure payments as well as anonymous transactions. Momo is an experimental new digital currency that enables anonymous, instant payments to anyone, anywhere in the world. Momo uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. MomoCash Core is the name of the open source software which enables the use of this currency. The emergence of blockchain-based decentralized digital currencies woke up hopes for the beginning of a better world. A world, where wealth is distributed fairly without control and influence of a powerful middleman. Although blockchain technology equipped us with a perfect tool to make this dream come true, it will not happen by itself. The concept of a socially responsible cryptocurrency inspired us to create Ultima - a platform designed to support endeavors of its community in various areas. The Ultima Multi-Module Platform (MMP) includes functionalities ranging from a digital marketplace to crowdfunding and charity components. By working together on noble causes we will regain the faith in cryptocurrencies.

SOURCE: COINGECKO

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