PPCoin, referred to as PPC, the name taken from the meaning of P2P currency, that is, point-to-point currency, it is translated as a bitcoin. PPC was released in August 2012. The PPC's R & D team and the XPM's R & D team are the same team with strong technical strength and recognized by the industry. PPC using SHA256 algorithm, based on the BTC has been improved and optimized. PPC biggest contribution is that it created a POS interest rate system to prevent deflation, follow-up a lot of cottage coins, have followed the concept of PPC, PPC every 10 minutes to produce a block, the initial output of each block can be 2070 PPC, but as of Xiaobian press release, PPC block production has dropped to 250 or so. PPC is a very popular cottage coin that has about 20 times the number of miners as the landcoin TRC, which is about one-60th of Bitcoin. Currently (October 12, 2013), the price of each PPC is about 2.4 yuan, PPC prices have risen by more than 100% in the past month, attracting people's attention.