XPM is a peer-to-peer open source cryptocurrency that implements a best primecoin exchange rates scientific computing proof-of-work system. This entity is also related with the cryptocurrency Peercoin. Primecoin has been described [ by whom? When comparing Primecoin with today's most widely spread cryptocurrency called bitcoin some notable differences are:. Primecoin uses the finding of prime chains composed of Cunningham chains and bi-twin chains for proof-of-work, which can lead to useful byproducts.
The system is designed so that the work is efficiently verifiable by all nodes on the Primecoin network. Other cryptocurrencies including bitcoin commonly use a Hashcash type of proof-of-work based on SHA hash calculations, which are of no value beyond its own economy. List of largest known Cunningham chains of given length [13] includes several results generated by Primecoin miners.
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None, the primecoin peer-to-peer network regulates and distributes through consensus in protocol. Limited release, production rate before this limit re-evaluated with the production of every block at a rate of approximately 1 block per minute based on the difficulty with which primecoins are produced.
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