This will be a tutorial on how to mint using the Peercoin Core Wallet. Before, we will have a brief review of Proof-of-Stake and its mechanisms. For those who have not minted, it is important to understand what the process is and how it contributes to the security of the Peercoin blockchain.

An Excerpt from the Peercoin Documentation

Efficient

The use of Proof-of-stake mining in Peercoin is efficient because network security is not dependent on the use of massive amounts of electrical energy (proof-of-energy-burn). Instead minters invest their coins and time to emulate the PoW process. This is done by simply opening up their wallet app, sending coins to their address and letting them sit there while they are occasionally selected by the protocol to mint the next block. This process is both energy and cost efficient.

Aligning interests

Because coin owners also produce new blocks in Proof-of-Stake, this means security providers and users of the network are ultimately the same group of people. No longer is there a separate group of security providers who only care about making a profit and are not financially tied to the network itself. All security providers must own a stake in the network through ownership of Peercoin. As everyone has similar financial interests in the long-term future of the network this leads to much less conflict between factions with different ideas about how the blockchain should develop and evolve.

User governance

Because users in Peercoin have the ability to produce blocks they also have the power to influence and determine the future direction of the network. User governance goes hand in hand with the PoS consensus mechanism. Peercoin is the very first blockchain capable of allowing its protocol rules to be governed directly by its users.

Global network

As a direct consequence of the resource efficient consensus mechanism the number of people capable of participating in the race to create new blocks is significantly expanded. In addition to this security providers are also no longer drawn to geographical locations with cheap electricity. Due to the cost efficiency of operating a proof-of-stake node minting nodes can be set up anywhere in the world. This allows Peercoin to maximize its level of decentralization and achieve global security from minting users all around the world.