What Peercoin does

Peercoin (PPC) is an open-source, decentralized public blockchain launched on August 19, 2012 at 18:00:00 UTC with no premine, and is widely credited as the inventor of the Proof-of-Stake (PoS) consensus protocol. The network uses a hybrid security model in which hashcash double iterated SHA-256 Proof-of-Work distributes new coins via miners using Bitcoin-compatible hardware, while coin-age-based PoS minting (with a 30-day / ~4,320-block maturation period, a 520-confirmation minted-coin lockup, and a targeted ~1% annual inflation rate) secures the chain and rewards stakers. The base layer is intentionally minimal and modular, designed as a settlement network upon which second-layer protocols can be built. Layered products include the PeerAssets protocol (token/equity/bond issuance, shareholder voting, and dividend payouts via OP_RETURN messages) and the Perpera DataAudit implementation (proof-of-existence and document revision tracking in TypeScript), as well as Wrapped Peercoin (wPPC) bridged to Ethereum and Polygon for DeFi access. The platform is paired with a multi-platform wallet suite (desktop Qt wallet, Flutter mobile/web wallet, paper wallet) and hardware-wallet support on Ledger and Trezor.

The business model is non-commercial: there is no central revenue capture, no SaaS pricing, and no governing corporate body. Distribution of PPC occurs through third-party centralized exchanges (AltQuick, FreiExchange, MEXC, StakeCube, Komodo Wallet/AtomicDEX, Swipelux), DEX venues for wPPC (Uniswap, CoW Swap, QuickSwap, Matcha), hardware and software wallets, and grassroots community channels (Forum, Discord, Telegram, Reddit, X, YouTube, Bitcointalk, CoinMarketCap). The on-chain economic parameters (1% PoS inflation, a 0.001 PPC fixed transaction fee since v0.7, no hard supply cap) are protocol-defined and publicly disclosed. Acquisition of stakers, miners, and developers is community-led via educational content such as Peercoin University and the Peercoin Primer video series, supported by a 10-language whitepaper. The project has no disclosed employees or funding rounds; the Peercoin Foundation, a California non-profit (Entity No. B20250199422) established in 2025 in San Mateo, provides a legal vehicle for education and development support but explicitly disclaims intellectual property claims over the underlying project. Zachary Burt is identified as the founder and president.

Target user segments are horizontal and decentralized: PPC holders and stakers earning PoS minting rewards, PoW miners distributing coins via SHA-256 hardware, PeerAssets/Perpera developers building tokenization and data-audit applications, and cryptocurrency traders and DeFi users accessing PPC on centralized exchanges or wPPC on Ethereum/Polygon DEXs. The value proposition centers on energy-efficient consensus via time-based PoS, fair initial coin distribution through the hybrid PoW channel, predictable fixed transaction fees decoupled from market valuation, and user-governed protocol voting.

Name

Peercoin

Legal name

The Peercoin Developers

Website

https://peercoin.net

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Peercoin (PPC) is an open-source, decentralized blockchain launched in 2012 that pioneered Proof-of-Stake consensus, serving PPC holders, stakers, PoW miners, PeerAssets developers, and DeFi traders via third-party exchanges, wallets, and Ethereum/Polygon wPPC bridges — with no central revenue capture.

Ownership category

akta.pro rank

Product category

Cryptocurrency Network

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Layer 1 Base Protocols & Consensus (execution, consensus, security, clients) (FSAPAAAA)

akta.pro secondary industries

On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD), Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB)

Keywords

• Cryptocurrency network
• Blockchain protocol
• Proof of stake
• Decentralized consensus
• Open source blockchain

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. No commercial revenue stream: Peercoin is an open-source decentralized blockchain project with no governing body and no central revenue capture. The Peercoin Foundation is a non-profit (established 2025) that promotes and supports education, development, and overall progression of the project without claiming intellectual property. There is no company selling PPC; PPC is created by the network protocol itself via PoW mining and PoS minting.

Pricing tiers

Go-to-market motion3 records

Distribution channels10 records

Marketing channels14 records

Core offering

Peercoin operates a public, open-source blockchain launched in 2012 that pioneered Proof-of-Stake consensus combined with Proof-of-Work for coin distribution. The native PPC token is used for value transfer, PoS block minting, on-chain protocol governance voting, and as the base settlement asset for the network. Layered offerings include the PeerAssets second-layer protocol for token issuance, the Perpera DataAudit implementation for proof-of-existence, and Wrapped Peercoin (wPPC) for cross-chain liquidity on Ethereum and Polygon.

Product overview

Peercoin (PPC) is a single public blockchain platform launched in 2012 that pioneered Proof-of-Stake consensus, centered on the native PPC token used for value transfer, minting-based block validation, and on-chain protocol governance. Layered on top of the Peercoin base chain, PeerAssets adds second-layer token and asset issuance without requiring a fork, while Perpera implements the PeerAssets DataAudit protocol in TypeScript to record document hashes and revisions on-chain for proof-of-existence. Wrapped Peercoin (wPPC) extends PPC interoperability to Ethereum and Polygon through bridge.peercoin.net and DEX integrations such as Uniswap, QuickSwap, CoW Swap, and Matcha. The platform is paired with a multi-platform wallet suite — the Peercoin Desktop Wallet (Windows/macOS/Linux), the Flutter Wallet (web/Android/iOS/F-Droid), and a Paper Wallet generator — plus the Peercoin University educational resource for protocol onboarding.

Differentiator

Problem solved

Functional benefit

Brands

• Wrapped Peercoin (wPPC): A synthetic Peercoin-backed token created when peercoin is wrapped via bridge.peercoin.net and destroyed when unwrapped; deployed on Ethereum and Polygon.
• PeerAssets
• Perpera

Products and services

• Peercoin (PPC) Public blockchain and native cryptocurrency (PPC) used for value transfer, minting-based block validation, on-chain protocol governance voting, and base-layer settlement for the Peercoin network.
• PeerAssets Lightweight second-layer protocol layered on Peercoin (and compatible Bitcoin-derived chains) that issues and manages on-chain assets such as bonds, equity, and digital representations of real-world objects using OP_RETURN messages without requiring a hard or soft fork.
• Perpera TypeScript implementation of the PeerAssets DataAudit protocol that records cryptographic hashes of successive revisions of documents on-chain for proof-of-existence, with support for off-chain document retrieval via IPFS, HTTPS, or torrents.
• Wrapped Peercoin (wPPC)
• Peercoin Desktop Wallet
• Peercoin Flutter Wallet
• Peercoin Paper Wallet

Quantifiable outcome

• ~1% annual inflation via PoS minting, lowering effective cost of consensus participation vs PoW chains
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration21 records

Feature10 records

Partnerships

26 partnerships are on record, tiered flagship, core and minor.

• MEXCflagshipChannel Partner/ Reseller/ DistributorCentralized cryptocurrency exchange listing Peercoin (PPC) for trading. Listed under the Exchanges section of the Peercoin Resources page. DISCLAIMER: services listed are not evaluated or endorsed by the Peercoin Developers.
• StakeCubeflagshipChannel Partner/ Reseller/ DistributorCryptocurrency exchange listing PPC/BTC trading pair (stakecube.net/app/exchange/ppc_btc). Listed under the Exchanges section of the Peercoin Resources page.
• FreiExchangecoreChannel Partner/ Reseller/ DistributorCryptocurrency exchange listed under the Exchanges section of the Peercoin Resources page.
• AltQuickcoreChannel Partner/ Reseller/ DistributorCryptocurrency exchange listed under the Exchanges section of the Peercoin Resources page.
• Komodo Wallet / AtomicDEXcoreChannel Partner/ Reseller/ DistributorNon-custodial atomic-swap wallet/exchange (atomicdex.io) listed under the Exchanges section of the Peercoin Resources page.
• SwipeluxminorGTM or Marketing PartnerAffiliate/service tracked via a Peercoin-specific API key (track.swipelux.com/?api-key=ffb38639-73c1-433f-a7d9-c6bd35c41199), indicating a referral/affiliate relationship for PPC distribution.
• UniswapflagshipTechnology or IntegrationEthereum DEX where Wrapped Peercoin (wPPC) is listed for trading at the official wPPC contract address (0x044d078F1c86508e13328842Cc75AC021B272958).
• QuickSwapflagshipTechnology or IntegrationPolygon DEX where Wrapped Peercoin (wPPC) is listed for trading at the official wPPC contract address (0x91E7E32C710661C44ae44D10Aa86135d91C3Ed65).
• CoW SwapcoreTechnology or IntegrationUniswap-compatible frontend (swap.cow.fi) used to trade Wrapped Peercoin (wPPC) on Ethereum.
• MatchacoreTechnology or IntegrationQuickSwap-compatible frontend (matcha.xyz) used to trade Wrapped Peercoin (wPPC) on Polygon.
• LedgerflagshipTechnology or IntegrationHardware wallet vendor supporting Peercoin. Ledger devices (ledger.com) enable cold storage of PPC and are linked from the official Peercoin wallet page under Hardware Wallets.
• TrezorflagshipTechnology or IntegrationHardware wallet vendor supporting Peercoin. Trezor devices (trezor.io) enable cold storage of PPC and are linked from the official Peercoin wallet page under Hardware Wallets.
• CoinomicoreTechnology or IntegrationMulti-coin mobile/web wallet (coinomi.com) supporting PPC as an unofficial wallet option listed on the Peercoin wallet page.
• HolyTransactioncoreTechnology or IntegrationWeb-based multi-currency wallet (holytransaction.com) supporting PPC as an unofficial wallet option listed on the Peercoin wallet page.
• Stack WalletcoreTechnology or IntegrationOpen-source mobile wallet (stackwallet.com) supporting PPC, listed under Unofficial Wallets on the Peercoin wallet page.
• Coinerella / gemmercoreTechnology or IntegrationMobile wallet Android app (com.coinerella.peercoin) branded as gemmer, distributed via Google Play and F-Droid; listed under Flutter Wallet and Unofficial Wallets on the Peercoin wallet page.
• BlockchairflagshipTechnology or IntegrationMulti-chain block explorer (blockchair.com/peercoin) indexing the Peercoin mainnet. Listed as an official block explorer on the Peercoin Resources page.
• 3xplcoreTechnology or IntegrationBlock explorer (3xpl.com/peercoin) for the Peercoin mainnet. Listed as an official block explorer on the Peercoin Resources page.
• Chainz.CryptoIDcoreTechnology or IntegrationBlock explorer (chainz.cryptoid.info/ppc/) supporting the Peercoin mainnet and a separate testnet explorer (chainz.cryptoid.info/ppc-test/). Listed on the Peercoin Resources page.
• PeerExplorer (Blockbook)coreTechnology or IntegrationPeercoin-operated block explorer instances: blockbook.peercoin.net (mainnet) and tblockbook.peercoin.net (testnet). Listed on the Peercoin Resources page.
• CoinPaprikacoreTechnology or IntegrationCryptocurrency market information provider (coinpaprika.com/coin/ppc-peercoin) listed under Exchanges on the Peercoin Resources page.
• Weblate (weblate.ppc.lol)coreTechnology or IntegrationSelf-hosted Weblate instance (weblate.ppc.lol/projects/peercoin-net/translations/) used to coordinate Peercoin website and documentation translations across languages.
• FlathubcoreChannel Partner/ Reseller/ DistributorLinux app store (flathub.org/apps/details/net.peercoin.peercoin-qt) distributing the Peercoin Qt wallet as a Flatpak for Linux users.
• PeerAssetsflagshipStrategic or Co-development PartnerIn-ecosystem second-layer protocol developed for Peercoin. PeerAssets uses OP_RETURN messages on the Peercoin chain to represent arbitrary assets (bonds, equity, real-world objects) and adds shareholder voting and dividend payouts. Repository at github.com/PeerAssets; whitepaper at peerassets.github.io/WhitePaper.
• PerperacoreStrategic or Co-development PartnerTypeScript implementation of the PeerAssets DataAudit protocol, first presented as an RFC in June 2018. Provides proof-of-existence and document-revision recording on the Peercoin blockchain via cryptographic hashes and off-chain URL pointers (IPFS, HTTPS, torrent). Repository at github.com/PeerAssets/perpera.
• Peercoin FoundationflagshipStrategic or Co-development PartnerNon-profit organization (established 2025, California Entity No. B20250199422, San Mateo, CA) whose mission is to promote and support Peercoin's continued education, development, and progression. The Foundation makes no claims over Peercoin intellectual property.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Nxt: Nxt (launched 2013) was one of the first 100% proof-of-stake public blockchains, making it a direct conceptual peer to Peercoin as an early PoS pioneer. Both target the same minimalist L1 settlement narrative and compete for similar early-adopter mindshare.
• BlackCoin: BlackCoin (launched 2014) is an early pure-proof-of-stake cryptocurrency and a contemporary of Peercoin in the 'first-generation PoS' cohort. Both projects share a community-driven, volunteer-development model and pioneer-era positioning.
• Novacoin: Novacoin uses a hybrid Proof-of-Stake + Proof-of-Work consensus model almost identical to Peercoin's architecture. It is one of the closest direct technical peers given the shared PoW-distribution + PoS-security design.

Broad incumbents

• Cardano: Cardano (ADA) is a major institutional-grade proof-of-stake blockchain launched in 2017 with peer-reviewed research foundations. It competes with Peercoin for PoS-native users and developers but operates at vastly greater scale, treasury, and exchange presence.
• Ethereum: Ethereum completed its transition to proof-of-stake via the Merge in 2022, making it the largest PoS network by TVL and developer activity. Peercoin's wPPC on Ethereum shows the direct integration relationship, while Ethereum dominates the broader PoS competitive set.
• Polkadot: Polkadot uses Nominated Proof-of-Stake (NPoS) and is positioned as a multi-chain settlement / interoperability layer — a much larger and better-funded analog to Peercoin's modular L1 + L2 (PeerAssets) design philosophy.
• Tezos: Tezos (XTZ) launched in 2018 as a proof-of-stake chain with on-chain governance and formal verification — features that overlap directly with Peercoin's user-governed protocol voting positioning. Both target energy-efficient consensus and chain-level governance.
• Algorand: Algorand uses Pure Proof-of-Stake (PPoS) and markets itself as a carbon-negative, energy-efficient L1 for enterprise and DeFi. It competes with Peercoin for the same 'green PoS' institutional narrative at significantly greater scale.
• Solana: Solana is a high-throughput L1 that, while technically proof-of-stake, competes with Peercoin more broadly for developer mindshare, exchange listings, and PoS-native capital flows. It represents the upper bound of what a modern PoS chain has achieved versus Peercoin's earlier-generation architecture.

Emerging players

• Cosmos: Cosmos (ATOM) is a proof-of-stake interoperability hub whose app-chain / L2 modular thesis closely parallels Peercoin's 'minimal base layer + PeerAssets L2' narrative. Both sell modularity and cross-chain interoperability as core value propositions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PeercoinPPC
• GitHubgithub.com/peercoin
• YouTubeyoutube.com/user/PeerCoin
• Facebookfacebook.com/Peercoin
• LinkedInlinkedin.com/company/Peercoin-7412858

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peercoin