Peercoin (PPS) is a token that is responsible for inventing consensus in the field of proof, was inspired by bitcoin, shares a lot of the source code and technical implementation of bitcoin, but does not have a hard limit on the number of possible coins and is designed to achieve annual inflation.

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Peercoin

While this is true, DPoS does so by sacrificing decentralization, which we ultimately believe is a mistake. Those of us at #Peercoin $PPC continue to hold true to the original vision of #proofofstake, that all users of the chain should be able to produce blocks, not a chosen few. https://t.co/WUuUyPb8dm

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Daniel Larimer

28/ @bitsharesorg by @bytemaster7 was the first blockchain using delegated proof-of-stake in 2014.

Today, all modern blockchains follow a variation DPoS model. An active smaller set of block producers are chosen by delegating votes. This makes consensus decisions faster.

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While this is true, DPoS does so by sacrificing decentralization, which we ultimately believe is a mistake. Those of us at #Peercoin $PPC continue to hold true to the original vision of #proofofstake, that all users of the chain should be able to produce blocks, not a chosen few. https://t.co/WUuUyPb8dm

28/ @bitsharesorg by @bytemaster7 was the first blockchain using delegated proof-of-stake in 2014.

Today, all modern blockchains follow a variation DPoS model. An active smaller set of block producers are chosen by delegating votes. This makes consensus decisions faster.