Peercoin is a blockchain built to last. It was launched in 2012 and was the first blockchain to utilize PoS (Proof-Of-Stake), now a widely used method to achieve distributed consensus.

Peercoin features strong security based on a time-tested PoS algorithm, true decentralization in absence of large mining pools, small-sized blockchain and continual long-term and fair distribution via Proof-Of-Work mining.

Peercoin's unique properties allow it to have low operational costs and network security independent of market price. Rather than giving transaction fees to the miner of a block, fees in Peercoin are burned instead, which helps create deflationary pressure on the supply, rewarding all network participants.