Primecoin vs Bitcoin Cash vs Bitcoin
What problem does this service solve?
Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork of the Bitcoin blockchain on August 1st, 2017. Anyone who had bitcoin at that time became the owner of the same number of Bitcoin Cash. | Bitcoin is the first digital currency and the first use case of Blokchain technology. The bitcoin blockchain was the first decentralized, immutable, and transparent ledger. |
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Company Description
Primecoin is a cryptocurrency based on finding prime numbers. Identifying prime numbers plays a central role in cryptography. Primecoin's unique Proof-of-Work (PoW) consensus mechanism is able to increase transaction speeds and improve energy efficiency. | Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork of the original Bitcoin blockchain that took place in 2017. Due to the open source nature of the Bitcoin protocol, and the lack of a central governing body to resolve disputes, the Bitcoin community became extremely divided about what to do about rising fees and slow transaction times. As the platform's transaction volume increased, and the associated fees to confirm them also increased dramatically, many people began advocating for a larger block size. | Bitcoin is the first digital currency based on blockchain. It solved the double-spending problem and enabled peer-to-peer transactions on a large scale. Bitcoin was designed to work as a trustless digital currency that would function without government oversight or a central bank. |