8 months ago
Describe what you think and why.
8 months ago
Trade active: Check comments for further analysis.
This coin is inherently designed to encourage low transaction volume and savings. The On Balance Volume helps us verify that this is what it's being used for. There is a fixed 0.01 ppc/kb fee for every transaction. The fee is destroyed and acts as deflationary pressure to mitigate inflation from the ~1% annual inflation rate. This inflation is due to the reward Proof of Stake minters receive from securing the network. This also eradicates the need to have a debate about increasing block size. Evidence of this is a comparison of PPC's blockchain size to BTC or ETH Also, it has doubled and maintained it's value against USD for over a year now with a continually increasing on balance volume. Keep in mind that the Bitcoin block reward halving is nearing. PPC is one of the only SHA-256 Non-ASIC resistant cryptos. This is important because the phyiscal SHA-256 Asics that will be pushed out of profit margins after the halving will be looking where to mine while maintaining their hardware advantage. PPC has a PoW Block reward halving every time difficulty increases by x16. It doesn't have to wait X amount of blocks.