Primecoin (XPM)

Information about the coin Primecoin (Ticker Code: XPM)

Asset Information

Asset Name: Primecoin
Trade Ticker: XPM
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Circulation: 24,968,269 XPM
Market Cap: $18,786,279 USD
Premine: No
Algorithm: Prime
Avg Price USD: 0.75241
Avg Price BTC: 0.00012 BTC
Avg Price ETH: 0.00362 ETH
Avg Price LTC: 0.01421 LTC
Primecoin (XPM) is trading in 3 markets at altilly.

Primecoin is a peer-to-peer digital cryptocurrency created by Sunny King (also created Peercoin). Primecoin differs from Bitcoin in that it implements a scientific processing proof of work system. Miners give out processing power not to do menial pointless task like Bitcoin or Litecoin, instead those processing powers were used to help search for chains of prime numbers composed of Cunningham chains and bi-twin chains. The finding of prime numbers can then be used for numerous scientific and mathematical applications.

Primecoin also features a high speed block generation time, fast transaction confirmations, smooth difficulty adjustment, and a self adjusting block reward.