What is Primecoin?
Primecoin is a peer-to-peer open source cryptocurrency implementing a unique and scientifically constructive proof work system. Primecoins proof-of-work uses the computing power from miners on the blockchain in order to search for new prime numbers. Primecoin is very similar to bitcoin in its use cases but does have some notable differences in other areas. For example Primecoin has no predefined maximum number of coins, its scarcity is governed by mathematical principles not by an arbitrary line of code..
