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by Sir_Substance
2949 days ago
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>This is a totally misleading calculation for the largest currencies. That's not the only way it's misleading. Peercoin is listed as 8,559% available on nicehash, but peercoin is a proof of stake coin. It doesn't use hashpower to secure it's transactions, so it's not vulnerable to a 51% hash power attack (although it is vulnerable to other kinds of 51% attack). |
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As per wiki, it uses hybrid of PoW and PoS:
https://en.wikipedia.org/wiki/Peercoin