Primecoin icon
Primecoin icon

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.

Cost / License

  • Free
  • Proprietary

Application type

Platforms

  • Online
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Features

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  1.  Decentralized
  2.  Derived from Bitcoin

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Primecoin information

  • Developed by

    Primecoin.io

  • Licensing

    Proprietary and Free product.

  • Alternatives

    58 alternatives listed

  • Supported Languages

    • English

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Primecoin was added to AlternativeTo by Danilo Venom on and this page was last updated . Primecoin is sometimes referred to as XPM. 
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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.

  • Advantages of Primecoin The innovative prime proof-of-work in Primecoin not only provides security and minting to the network, but also generates a special form of prime number chains of interest to mathematical research. Thus primecoin network is energy-multiuse, compared to Bitcoin.

  • Value Behind Primecoin Primecoin network searches for special prime number chains known as Cunningham chains and bi-twin chains. The distribution of these prime chains are not well-understood currently as even for its simplest case twin primes their infinite existence is not proven.

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