Altcoins

Peercoin Will Hardfork To v0.8

Peercoin (PPC) will be hardforking to v0.8, which has the codename Mantis. The planned upgrade will take place tomorrow, October 1st, 2019. The v0.8 release will have the biggest code change in the history of Peercoin, with 1600 files changed and over half a million lines of code changed.

According to Peercoin team, the new upgrade covers:

  • Rebase to bitcoin-core 0.16.3
  • Compact blocks support (BIP152) with upgraded protocol version to 70015
  • Removal of block signature for PoW blocks as specified in the RFC-0006
  • HD wallet support (BIP32)
  • Mainnet hard fork is scheduled for 1st of October 2019, activating BIPs: 62, 68, 112, 113, 141
  • Abandon orphaned mint transactions during startup
  • RPC interface has been changed to match modern bitcoin
  • ZMQ support
  • Various bug fixes
Peercoin New Wallet

What is Peercoin?

Peercoin (PPC) is a cryptocurrency that was launched in August 2012 and is based on the Bitcoin framework. Peercoin is the first cryptocurrency to introduce a proof-of-stake and proof-of-work hybrid system. The coins are initially mined through the commonly-used proof-of-work hashing process but as the hashing difficulty increases over time, users are rewarded with coins by the proof-of-stake algorithm.

Peercoin (PPC) USD Price Chart

June G. Bauer

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at june@thecoinspost.com or contact her on Twitter @JuneTBauer1

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