[3] Peercoin is based on an August 2012[4] paper that listed the authors as Scott Nadal and Sunny King.

[7] Proof-of-stake is used to secure the network: The chain with longest PoS coin age wins in case of a blockchain split-up.

Stake-for-Stake, periods of low (high) global staking participation will result in a higher (lower) dynamic reward.

The static portion of the reward is based on the fraction of the existing total coin supply minted on average in a year, and is awarded regardless of stake size.

[10] A transaction fee prevents spam and is burned (instead of being collected by a miner), benefiting the overall network.