PesetaCoin is a scrypt altcoin like Litecoin. The block time is one minute and the diffiuclty retargets using the Kimoto Gravity Well. The starting block reward is 166 PTC and halves every year. The coin is merged mineable and has a negligable premine of 0.016%.

Although 'PTC' was the ticker assigned at the deployment of the PesetaCoin Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'PESETACOIN' has been adopted for this token. This designation ensures that assets are distinctly identified.