Primecoin Puns

primecoin means a lot to scientific discovery, so I just bought some primecoin 2 weeks ago, not for earning money, just holding it for pleasure of ownership.

Primecoin once is my favourite coin, it broke many record of prime number founding.

Just dont know why it cant be popular as it is discovering new prime number , deflationary inflation which are really useful to humankind

Dear All - Exciting news!

I would like to announce successful integration of Novacoin (NVC) into Gemmer multi-wallet.

It is a simple and practical android-based platform. Perfect for "carry around" crypto :)

Here are wallet links - Enjoy!

https://github.com/primecoin/gemmer

https://github.com/primecoin/gemmer/wiki

This is BIG news, especially since it took less than 1 month for us to get a new multiwallet after Coinomi proceeded with their unprecedented purge... well, we are STRONGER that that!

Cheers,

S / EWMCI.info

Trade with us

Primecoin (XPM)

https://www.fides-ex.com/trade/XPM-BTC

https://www.fides-ex.com/trade/XPM-ETH

https://www.fides-ex.com/trade/XPM-LTC

https://www.fides-ex.com/trade/XPM-LYNX

u/PrimecoinXPM u/GetlynxIo

#BTC #XPM #LYNX #FidesExchange #Cryptocurrencies #Crypto #exchanges

https://preview.redd.it/hjqtk80f5km51.png?width=562&format=png&auto=webp&s=3490eef2421dcef8fed1240c6f80aff965207b6e

XPM Community, Help restore XPM to it's well-deserved glory! Consider using Zapple.com as your platform for distributing and popularizing Primecoin. Miners and traders - We need you! Buyers are waiting! Support the "Prime Bitcoin" Cheers, S / EWMCI.info

Dear Primecoin Community,

Pleased to let you know that Primecoin is now a full member of the EWMCI Crypto Leadership Alliance, a consortium of 11 cryptocurrencies with a combined market cap equivalent to "Top 100" cryptocurrency!

Welcome to the club. For those interested in finding out more: https://ewmci.info/ewmci-leadership-alliance

Regards & Thanks,

Stan / EWMCI.info

I've been collecting Primecoin as well as many other lesser known coins for almost two months now. I've taken a liking to return on investment platforms.

As someone who wants to save a lot for her future, can anyone recommend me any good websites or platforms where I can invest my Primecoin and receive returns?

I don't want to be paying large amounts to begin with so I want something with low investments to begin with.

Can someone please respond?

https://t.me/primecoinofficial

Join up and lets get to work on reviving this coin!

ISO: Devs and Community Managers

Who is running Primecoin.io?

The footer lists "forum" but link, it is broken.

Also, how about getting Mac OS wallet with all the same features as the current release wallet.
There is another Mac OS wallet for Primecoin from excelsior (?) but it's not clear how old this is, and if it has the malware.

please, let's have an official wallet! Primecoin has potential to be more than zombie coin?

Sign up now via http://conference.coinmarketcap.com

https://preview.redd.it/nyhhc45fzrk31.png?width=3600&format=png&auto=webp&s=53333259e4f21fdbbef403e764ebb1bfcaaf7f32

Maybe you are already familiar with bitcoin, then you could just jump to this article.

Primecoin is an interesting new concept similar to bitcoin, but instead of wasteing all this computing power on SHA256 hashing, Primecoin is generating long and longer prime chains as more computing power joins the network.

Read about it on /r/primecoin

I would love to answer your questions as far as I can.

I've got a 1080 and have started mining. Are there other graphics cards more suited to Primecoin?

Price of xpm is going to make record high

‎1- Primecoin‬ is the First non Hash-Cash PoW Crypto-Currency.

• "Primecoin is the first to show that a proof-of-work algorithm could exist to compute things other than cryptographic hash functions."

2- Naturally Scarce

• Primecoin‬ is naturally scarce (not artificially) -no hard limit and this is crucial for its long term continuity and its ability to adapt to market conditions.

• According to the last estimations, the total supply is going to be ~55 Millions XPM. (peercointalk.org) You don't have to worry about inflation, neither facing blunt deflation (encountered in bitcoin/litecoin)

3- Very fast confirmations - 1min/block

4- Elastic supply

• ING economist: "A bitcoin algorithm needs to be developed that smoothly matches money supply & demand"

• This is hard-coded in Primecoin: difficulty going down gets corrected upwards because miners are encouraged to mine, having more reward subsidy.

• When difficulty is dropping (i.e. miners leave the network), reward-revenue is recalculated upwards so that they come back in, ensuring the network security elastically vs price bumps.

5- Primecoin is sustainable

• "Primecoin does not use a fixed cap money supply model like bitcoin as described in the primecoin paper, instead its mining output is associate with Moore's Law. It should have much slower drop of mining subsidy than bitcoin in the longer term (10+ years) thus much less affected than bitcoin in terms of risk of low security level. If Moore's law stops at some point then primecoin block subsidy would become relatively constant, rather than tending to zero as in the case of bitcoin (note though primecoin inflation rate is still tending to zero)."

• "When the proof-of-work mint rate approaches zero, there is less and less incentive to mint proof-of-work blocks. ‪‎Bitcoin‬ is insecure."

• "Primecoin‬ has still good scarcity property similar to gold while network security is maintained without the need to raise transaction fee."

• "Long-term ‪bitcoin‬ security relies mainly on transaction fees. ‪‎Primecoin‬ realistically would continue to have some subsidy long term, so is less reliant on transaction fees for security."

6- Primecoin is currently the “fairest” coin to mine

• "The Primecoin algorithm is ASIC/FPGA hostile, and even GPU mining is not economically viable at the moment. While it is certainly possible to create specialized mining equipment, it is far more difficult and expensive to develop chips for high sp

Dear Primecoin Community,

I am pleased to inform you that XPM/ETH pair can now be traded on www.zapple.com

Hopefully this will add a nice option for the community. Please try to deposit some XPM there for trading / creating liquidity.

Sincerely,

Stan / ewmci.info

I've been pool mining primecoin for a little while and now I want to try solo mining. The primecoin website says that I will get paid for generating, but I'm not sure how often.

I made the effort to read Primecoin and Peercoin whitepaper seriously for the first time yesterday and realized they are both into solving 2 problems that Bitcoin will encounter inevitably:

1. the energy efficiency issue and
2. having high security/low inflation/low fee at the same time is unsustainable.

In primecoin whitepaper, below are the relevant quotes, that stress Primecoin advantanges.

-Security "However, a non-linear difficulty curve would negatively impact block chain security. Also, using prime size as difficulty indicator would interfere with efficiency of verification. Eventually I discovered that the remainder of Fermat test could be used to construct a relatively linear continuous difficulty curve for a given prime chain length. This allows primecoin to largely keep the security property of bitcoin."

• Minting Model "Primecoin is designed as a pure proof-of-work cryptocurrency , to complement the proof-of-stake design of ppcoin. Primecoin’s proof-of-work mintrate is determined by difficulty. This approach was first experimented in ppcoin. The scarcity of the currency is not ensured by a fixed cap as in bitcoin, but regulated by Moore’s Law via mining hardware advances and by algorithmic improvements. This design is a more natural simulation of gold’s scarcity. Moreover, pure proof-of-work cryptocurrency depends on the m ining market for its security." ----> scarcity depends not a fixed cap, but depends on ability of machines to mine primecoin chains = real gold

-Network mining income , " the sum of all miners’ income, is a direct measureme nt of the level of block chain security across competing pur e proof-of-work cryptocurrency networks. A fixed cap scarcity model relies heavily on transaction fees to sustain network security" ---> primecoin does not rely on a fixed cap and fee should be low

-Fee vs Security "However a higher transaction fee reduces the competitiveness of a crypto- currency as payment-processing network. Since last year, bitcoin’s share of network mining income has shrunk much faster than its capital ma rket share. Basically, for a pure proof-of-work design, it’s not real istic to expect all three goals to sustain: high network security, low inflation and low tr ansaction fee. This topic has been explored in ppcoin paper, however it would become more evide nt as the competition intensifies in cryptocurrency market and bitcoin’s infl ation rate drops further. As Moore’s Law approaches its limit, primec

Dear Namecoin Community,

In response to Coinomi delisting 50+ projects, the Primecoin project is now inviting affected projects for a FREE listing on the new Gemmer multiwallet.

Here are GitHub links for you to check out:

https://github.com/primecoin/gemmer

https://github.com/primecoin/gemmer/wiki

This is BIG news, especially since it took less than 1 month to get this new multiwallet after Coinomi proceeded with their unprecedented purge... well, we are STRONGER that that!

Cheers,

S / EWMCI.info

Dear Primecoin Community,

Pleased to let you know that Primecoin is now a full member of the EWMCI Crypto Leadership Alliance, a consortium of 11 coin projects with a combined market cap equal to that of a "Top 100" cryptocurrency!

For those interested in finding out more: https://ewmci.info/ewmci-leadership-alliance

Regards & Thanks,

S / EWMCI.info

Primecoin uses finding chains of prime numbers as their proof-of-work.

By "useful" I mean the problem itself is useful, unlike inverting hashes. I understand that useless proofs-of-work are still useful in the sense that they secure the network.