Yobit PeerCoin USD is online market maker for p-to-p digital money denominated as Cryptocurrency. Yobit PeerCoin USD is traded in US Dollars. USD cryptocurrencies are getting accepted more and more by many online vendors as a form of payment for goods or services. Yobit PeerCoin USD has being active in the last 1 month and it is presently expressing a bullish sentiment.
Yobit PeerCoin Summary
PeerCoin on Other Exchanges
A peer-to-peer crypto-currency design derived from Satoshi Nakamotos Bitcoin. Proof-of-Stake replaces Proof-of-Work to provide most of the network security. Under this hybrid design proof-of-work mainly provides initial minting and is largely non-essential in the long run. Security level of the network is not highly enery dependent thus providing an energy efficient and more cost-competitive peer-to-peer crypto-currency. Proof-of-Stake is based on coin age and generated by each node via a hashing scheme bearing similarity to Bitcoins but over limited search space. Block chain history and transaction settlement are further protected by a centrally broadcasted checkpoint mechanism.. PeerCoin is is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 18 exchanges including Bleutrade, Cryptopia, HitBTC, LiveCoin, Coinse and Cryptsy in multiple currencies such as BTC, UNO, USD, XMR and othersXPM.
Yobit PeerCoin USD Risk Profiles
Yobit PeerCoin USD Technical Analysis