Altcoin faucets – Dailycoins.net

Below you can find information about alternate cryptocurrencies and list of the working sites that give away free coins. Please notice that you have to get matching wallet for every coin. You can get them easily through our wallet section.

Peercoin is a unique cryptocoin in many ways. It was introduced in Aug 2012 by Scott Nadal and Sunny King who is also the creator of well-known Primecoin. Peercoin aims to be the most secure cryptocoin ever made and also energy efficient in terms of power consumption. What it means is that Peercoin uses significantly less power to produce coins when compared to bitcoin hashing functions. These features make the coin very desirable and one of the top ten coins in the market.

Peercoin uses SHA-256 algorithm and Proof-of-stake and Proof-of-work systems to make the network efficient and secure. New coins can be created through regular mining or minting process where people get rewards from the coins they hold. Although there are no limit in how many coins can be created Peercoin is designed to achieve steady inflation of 1% per year which offers a very long-lasting solution and help to keep the coin alive when users in the network grow.

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Altcoin faucets - Dailycoins.net

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