More detail: https://bitscreener.com/coins/paypeer
PayPeer (Symbol: PAYP) is considered as a distributed payment system where computing power is required to mint new “coins.” It can be employed to send money anytime from any part of the world over the internet, much like an email. PayPeer “addresses” are utilized similarly to email addresses for sending and receiving payments. Based on bitcoin, the coin works very much like bitcoin except that it applies a very different mechanism for maintaining address balances to increase scalability. Besides, it also includes some innovative new characteristics.
