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, and is the first cryptocurrency in the world designed with scientific computing as its work.

What are the 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 network. Primecoin is designed to sustain a prosperous mining market and high level of security, while maintaining good scarcity property like gold.

Primecoin also processes payment transactions 10x faster than bitcoin network.


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