Primecoin
Primecoin (Abbreviation: XPM; sign: Ψ) is a cryptocurrency that implements a proof-of-work system that searches for chains of prime numbers.
Primecoin logo | |
| Denominations | |
|---|---|
| Plural | Primecoin, primecoins |
| Symbol | Ψ |
| Nickname | XPM |
| Subunits | |
| 0.001 | mXPM (millicoin) |
| 0.000001 | μXPM (microcoin) |
| 0.00000001 | Smallest unit |
| Demographics | |
| Official user(s) | International |
| Administration | |
| Issuing authority | None, the primecoin peer-to-peer network regulates and distributes through consensus in protocol. |
| Date of introduction | 7 July 2013 |
| Inflation_rate | 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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