PeerCoin (PPC) Faucet List 2019.
What are Peercoin Faucets
What Is Peercoin ?
Peercoin made its debut on the crypto market in 2012, so it is one of the first blockchain networks. Peercoin is one of the first cryptocurrencies based on the proof-of-stake protocol, which means that it does not need high computing power to properly protect the network. If you hold your coins for at least 30 days, you qualify for a 1% prize in one year
However, Peercoin (PPC) did not completely abandon the proof-of-work mechanism and it is still used to distribute new coins. Peercoin uses bitcoin to mining the same mechanism as SHA-256.
If you have equipment for mining bitcoins, you can also use it to mining Peercoin.
Future of Peercoin?
Peercoin has already gone a long way, but has not yet been beaten by many of its competitors
Peercoin has an interesting idea - the Proof-of-Stake protocol as its basis, which is more and more common in the world of cryptocurrencies.
If you want to know more about predictions about the future of PCC cryptocurrencie, I am sending you to the reddit forum.
Peercoin (PCC) is very fast in processing transactions, which gives it an advantage over other cryptocurrencies based on the PoW algorithm.
Keeping the PCC wallet open in order to secure the network and earn from the staking process can be quite profitable process.
Competition of Peercoin
Blakcoin is the biggest competition of Peercoin and also other digital currencies which are have decentralized, transparent and secure transactions.
However, take into account POS model, Peercoin has even several important benefits over Bitcoin, regarding faster transaction processing and lower energy costs. However, the proof-of-work protocol offered by bitcoin is very expensive to maintain and transactions are processed much more slowly.
Peercoin Faucets in General
There are not so many faucets that enable free distribution of Peercoin (PCC) cryptocurrencies. There are few sites offering Peercoin cryptocurrencies in Jackpot lottery. Most popular website with PCC faucets platform is faucethub.
How To Make Money Online using Peercoin faucet
On different faucets, the time to get free Peercoin (PCC) is different. To start getting free money from PCC faucets you have to log in on Faucet site.
Each Peercoinfaucet has a reference system that allows you to earn 25% from each user who will take part in PCC lottery.
If you want to make a profit, you should take part in the referral system. However, getting referrals from faucets is relatively difficult because you have to start promoting referral links.
There are many different tools thanks to which you can promote your reference links, such as facebook, twiter or youtube. Another way to promote it is to run your own wordpress website, where you will be sharing referral links.