Primecoin

by Primecoin

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PLATINCOIN

by Platin Genesis DMCC.

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Primecoin

by Primecoin

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PLATINCOIN

by Platin Genesis DMCC.

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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What problem does this service solve?

Primecoin uses prime number generation to improve Bitcoin's PoW protocol.PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network.Bitcoin Diamond aims to increase transaction speeds.

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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.
The network searches for special prime number chains known as Cunningham chains and bi-twin chains, which are of interest in mathematical research.

PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins.

Bitcoin Diamond is a hardfork of Bitcoin that was created in 2017. Although the network's code preserves much of Bitcoin's original features, it aims to improve transaction speeds by implementing the Lightning network and increasing the storage capabilities of each block. The Lightning Network is a second layer payment protocol that works on the Bitcoin blockchain and is designed to place a large portion of the transaction data outside of the blockchain.

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