Overview of Primecoin

  • Primecoin’s algorithm, however, computed chains of prime numbers (Cunningham and bi-twin chains), the results of which were published on its blockchain’s public ledger, available for use by scientists, mathematicians, and anyone else.
  • Primecoin (sign: Ψ; code: XPM) is a peer-to-peer open-source cryptocurrency that implements a unique scientific computing proof-of-work system.[1] Primecoin’s proof-of-work system searches for chains of prime numbers.
  • Primecoin offers one such alternate application: A cryptocurrency that, in addition to functioning as a form of money, uses the processing power of its users to conduct mathematical research.
  • Primecoin’s Prime Number Proof-of-Work has been designed less than a year ago by Sunny King who tried to make a new and interesting alternative crypto coin and he did very well.
  • Primecoin features self-adjusting block reward: The number of Primecoins released per block is not fixed but is always equal to 999 divided by the square of the difficulty.
  • Primecoin is still in beta, but its goal is to provide a proof of concept that a digital currency can produce a fewthing useful besides its subjective market value.
  • Primecoin has been described as the main cause of spot shortages of dedicated servers because at the time it was only possible to mine the currency with CPUs.
  • Primecoin (XPM) is an imaginative digital currency, a type of advanced money verified by cryptography and issued through a decentralized mining market.
  • Primecoin is designed to sustain a prosperous mining market and high level of security, while maintaining good scarcity property like gold.
  • Primecoin_Logo.png ‎(256 × 256 pixels, file size: 58 KB, MIME type: image/png)
  • Blockchain

    The difficulty is dynamically adjusted via a continuous difficulty evaluation scheme in Primecoin blockchain.The efficient verification of PoW based on prime numbers is also of high importance, because if verification is slow, then PoW is not suitable.Therefore, prime chains are selected …


    A little over $1 USD per day does not seem that much of a profit for the moment, but that is only if you sell the Primecoins now, the wise idea however would be to mine now and save the coins for later, expecting to the exchange rate to go sky high.Anyway, it is up to you to to decide if you want to mine and sell now or mine and save the coins for later.


    The nice thing about this cryptocurrency is its innovative network that offers security and mining as well as reliability to the network and in doing so becomes a more energy-multiuse platform as compared to Bitcoin.The Primecoin network keeps searching for Cunningham chains as well as Bi-Twin chains which are special prime number chains that are capable of being used to compute cryptographic has functions as well as other things that are of importance mathematically.This platform has been designed to make the mining market more well-to-do and it also ensures faster payment transaction processes.


    This allows secure transactions to be made much more quickly; six confirmations may take fifty minutes in Bitcoin, but they take only six minutes in Primecoin.Unlike Bitcoin, where transactions take an average of ten minutes to confirm (eight minutes in practice since the difficulty must constantly catch up to increasing mining power), Primecoin blocks come at a rate of one per minute.

    Is Primecoin the next big thing after Bitcoin?

    Unless you’ve fully managed to shield yourself from the news in the past year, chances are Bitcoin has popped up on your radar at least once.As Bitcoin is becoming more and more accepted, it is likely to pave the way for other cryptocurrencies.Bitcoin is hardly the only one.There are numerous other currencies that are similar in nature.If you’re like me, you’ve already started to look for the next big thing.

    What is the value of Primecoin?

    One Primecoin (XPM) is currently worth $0.15 on major cryptocurrency exchanges.You can also exchange one Primecoin for 0.00000269 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Primecoin in U.S.dollars is $5.57 million.

    What hashing algorithm does Primecoin use?

    Primecoin is a proof of work (PoW) coin that uses the Multiple algorithm.

    How do I mine Primecoin?

    Primecoin can be mined using specialized mining software.XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards.CCMiner is another popular mining tool for computers with NVIDIA graphics cards.In addition to having mining software, you will need a Primecoin and access to a mining pool that pools your effort with other miners and a wallet to store the Primecoin that you earn from mining.Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.


    Join our discord server for technical support, any question you
    might have or just a chat.The Primecoin community enjoys your company.

    What is Primecoin?

    Primecoin is an innovative cryptocurrency, a form of digital currency secured by cryptography and issued through a decentralized mining market.Derived from Satoshi Nakamoto's Bitcoin, Primecoin introduces an unique form of proof-of-work based on prime numbers.

    What Is Primecoin's Price Today?

    Primecoin (XPM) is trading at $0.1545 USD, increasing by 12.44% since yesterday.Primecoin has traded $2,149,789 USD in the last 24 hours.

    What is the Reddit page for Primecoin?

    The official Reddit community (subreddit) for Primecoin is r/primecoin.

    What is Primecoin?

    Primecoin, or XPM, involves a new type of proof-of-work based on searching for prime numbers.Primecoin was created by Sunny King – who also created Peercoin.The block time is one minute and th total number of coins is 3299976 with dynamic difficulty retargetting.

    How do I buy Primecoin?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Primecoin.

    How Many Primecoin Coins Are There?

    There are currently 36,105,937 Primecoin coins circulating out of a max supply of 36,105,937.


    Join our discord server for technical support, any question you
    might have or just a chat.The Primecoin community enjoys your company.

    What is Primecoin?

    Primecoin is an experimental cryptocurrency that introduces the first
    scientific computing proof-of-work to cryptocurrency technology.Primecoin’s
    proof-of-work is an innovative design based on searching for prime number
    chains, providing potential scientific value in addition to minting and
    security for the network.Similar to Bitcoin, Primecoin enables instant payments
    to anyone, anywhere in the world.It also uses peer-to-peer technology to
    operate with no central authority: managing transactions and issuing money are
    carried out collectively by the network.Primecoin is also the name of the open
    source software which enables the use of this currency.

    What coins are similar to Primecoin?

    The following coins use the same hashing algorithm (Multiple) as Primecoin: DigiByte, Myriad, Quark, TeeCoin and Safari.

    Where can I get Primecoin wallet?

    Primecoin produces its own wallet software that is available for download on its website, which allows you to store Primecoin on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    What do you think about the Primecoin today?

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    History of Primecoin