Peercoin is a decentralized virtual currency that is based on the principle of blockchain as in the case of Bitcoin. It shares the majority of source codes with Bitcoin and could therefore become the most reliable decentralized currency in the market, either in relation to long-term inflation or for its transaction costs which are relatively low with validation deadlines lower.
The peercoin runs on the blockchain system and all transactions are kept on the network. All units of account are connected to a couple of private or public addresses.
In terms of mining, Peercoin uses the SHA-256 algorithm and you can undermine your currency with ASIC chips. Be aware that mining is the recovery of new units using a pre-established interest rate of 1% and depending on the number of ppcoins you hold.
Bitbns’s simple interface aims to make it easy for the first-time buyers to purchase cryptocurrencies. The most popular payment methods for Bitbns customers are buying using a bank transfer. Additionally, Bitbns has Android and iOS Apps to reach out to investors from everywhere possible. With a plethora of cryptocurrencies to choose from and providing a hassle free trading experience, Bitbns has been achieving its milestones slowly but steadily and is definitely on par among Indian crypto exchanges.