Primecoin

Primecoin (Abbreviation: XPM; sign: Ψ) is a cryptocurrency that implements a proof-of-work system that searches for chains of prime numbers.

Primecoin
Primecoin logo
Denominations
PluralPrimecoin, primecoins
SymbolΨ
NicknameXPM
Subunits
0.001mXPM (millicoin)
0.000001μXPM (microcoin)
0.00000001Smallest unit
Demographics
Official user(s)International
Administration
Issuing authorityNone, the primecoin peer-to-peer network regulates and distributes through consensus in protocol.
Date of introduction7 July 2013
Inflation_rateLimited 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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