What is Primecoins? Primecoin is a cryptocurrencies that work with peer to peer. Primecoin was created by a person or group who use the pseudonym Sunny King, who also created the cryptocurrency Peercoin. This syetem implements a scientific computing proof-of-work system. This proof-of-work work like to search for chain of prime.
Primecoin has been described as the main cause of spot shortages . For the same reason, Primecoin has been the target of malware writers.Fast block generation time: Primecoin adjusts its difficulty slightly after every block is created to reach a target of one new block created once per minute.Other cryptocurrencies including Bitcoin adjust computational difficulty roughly every two weeks to allow block creation approximately once every ten minutes.
Fast transaction confirmations-
This service ssource code is copy right to “prime coin developers under MIT/X11. The transfer of prime coin is very first , if we compare to bitcoin or other crytocurrencies than it 8-10 times fast.Smooth difficulty adjustment: The Primecoin protocol adjusts its difficulty slightly every block, or roughly once per minute. As comparison the Bitcoin protocol adjusts its difficulty every 2016 blocks, or approximately every two weeks, to achieve the target rate of 1 block per 10 minutes.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
How To Mine Primecoin On Windows-
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