I think my description of PPC has been quoted in the following report.
Date: Yicai Daily - January 7, 2014
【ENG】Fortune-making history created by Cryptocurrency, will finance industry overthrown by internet?
Yicai.com is a Shanghai-based cross-platform (TV, Radio,Journal, Weekly, Institutes, Internet) media group that specialize in Finance.
Recent popularity of little coins PPCoin is one of them.
"PPCoin by the Sunny King pre-release in August 11, 2012, August 19 officially released. PPCoin biggest innovation is its way of mixing the PoW workload mining certificates and proof of PoS in equity, PoS mining method and just ordinary computer clients will be able to process transactions and maintain network security, achieve energy saving and security purposes.
As of January 5, 2014, little currency market capitalization of about $ 150 million, second only to the bitcoin currency and Wright, ranked third in the world. The founder of the Sunny King ambitious, said the goal is to go beyond PPCoin bitcoin. A little bit of currency senior players to the “First Financial Daily” reporters Road. Since last October, little coins has doubled 20 times, two each from RMB 40 yuan now risen to more than one. Wright credits are less than 10 days last November time, completed more than 300% increase. In fact, the vast majority of digital currency have experienced or will experience a similar surge in process
Why are they still calling it PPcoin?