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Author Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency  (Read 687910 times)
derrend
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January 14, 2015, 03:46:41 AM
 #3581

Quick question, given enough time would all (or most) advanced civilisations discover primecoin? Lets say that europe and china never encountered each other for some reason but both had developed computer technology, wouldn't they eventually each come up with primecoin independently?

Then lets pretend they finally met, what would that mean for their blockchains, could they be merged somehow?
Are there other implications that result from scenarios such as this and what would be the meaning of them (if any)?

On another note, if one of the blockchains was older than the other and more primes had been found, wouldn't it be possible to simply submit (copy and paste) the results from the older one into the younger one and mine coins from it without doing any work?

Thanks Smiley
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Strannik-74
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January 19, 2015, 10:22:48 AM
 #3582

Closing of tradings on TRC/BTC, FTC/BTC, XPM/BTC
19.01.15 00:00 from admin

Dear participants of the BTC-e.com exchange!

Due to the low volume on TRC/BTC, FTC/BTC, XPM/BTC pairs, trades on those pairs will be closed since February 1, 2015.

https://btc-e.com/exchange/trc_btc TRC/BTC
https://btc-e.com/exchange/ftc_btc FTC/BTC
https://btc-e.com/exchange/xpm_btc XPM/BTC

Autamatical withdrawal of TRC, FTC and XPM will be available until March 31, 2015.

Sincerely yours,

btc-e.com support
herzmeister
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January 19, 2015, 12:01:03 PM
 #3583

Quick question, given enough time would all (or most) advanced civilisations discover primecoin? Lets say that europe and china never encountered each other for some reason but both had developed computer technology, wouldn't they eventually each come up with primecoin independently?

Then lets pretend they finally met, what would that mean for their blockchains, could they be merged somehow?
Are there other implications that result from scenarios such as this and what would be the meaning of them (if any)?

On another note, if one of the blockchains was older than the other and more primes had been found, wouldn't it be possible to simply submit (copy and paste) the results from the older one into the younger one and mine coins from it without doing any work?

Thanks Smiley

afai remember the prime numbers found are so huge that the chains are quite uniquely random, which would make each blockchain unique enough, which would mean though that the scientific value of those knowing those prime numbers can be questioned

https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
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February 08, 2015, 05:27:30 AM
 #3584

Is xpm still a popular mining coin, or is it considered a dud at this point?



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BTCat
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February 08, 2015, 08:44:58 AM
 #3585

Is xpm still a popular mining coin, or is it considered a dud at this point?


Heavily oversold, it's way too cheap at the moment, it will rock again.
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February 25, 2015, 02:40:41 PM
 #3586

Is xpm still a popular mining coin, or is it considered a dud at this point?


Heavily oversold, it's way too cheap at the moment, it will rock again.

+100  Cool

I really think it's ready to make a comeback

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February 26, 2015, 09:11:44 AM
 #3587

What about mining XPM now?
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February 28, 2015, 09:06:29 PM
 #3588

Try to use pxpMiner
https://github.com/pxmartines/pxpMiner
It show best mining speed on CPU
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March 01, 2015, 04:56:23 PM
 #3589

Hey Primecoin community!

We are adding new coins soon to our marketplace the coming days. We have held talks with the groups and have found that Primecoin will be one of our nominee in the voting list. Do You want to buy some goods with your XPM? Get a voting ticket now!


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March 07, 2015, 07:08:47 PM
 #3590







1 Troy Ounce of .999 Fine Silver Primecoin Proof.
This is Batch 2 as Batch 1 (also 50 pieces) sold out.
50 made, only 18 left for purchase.
$65 each.

Chronos Crypto Video Review

This is the 1st and only physical representation of Primecoin, a world record breaking crypto-currency algorithm whose proof-of-work is based on searching for prime numbers.


Alphi
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March 26, 2015, 09:47:01 AM
 #3591

Quick question, given enough time would all (or most) advanced civilisations discover primecoin? Lets say that europe and china never encountered each other for some reason but both had developed computer technology, wouldn't they eventually each come up with primecoin independently?

Then lets pretend they finally met, what would that mean for their blockchains, could they be merged somehow?
Are there other implications that result from scenarios such as this and what would be the meaning of them (if any)?

On another note, if one of the blockchains was older than the other and more primes had been found, wouldn't it be possible to simply submit (copy and paste) the results from the older one into the younger one and mine coins from it without doing any work?

Thanks Smiley

you cannot merge block chains, it is mathematically impossible.
each link in the chain.. (ie block of transactions) is stamped with a hash of the previous block.. and the solution for the next block is also based upon the hash of the previous block and the network difficulty so its is completely different every single time.... even if you went back in time and started bitcoin all over again the series of solutions to each block would be completely different (because the number of people mining at any point time and the number of transactions + their values would also be completely different)... this makes it virtual impossible for anyone to "insert" blocks into the middle of a chain.

since XPM is based upon bitcoin it likely works in exactly the same way.


if the block solutions were calculated as a linear predictable set of prime numbers such as 2, 3, 5, 7, 11, 13, 17, 19, 23, 29, 31, 37, 41, 43, 47 etc then what you are suggesting would actually be possible.

but the way that XPM solutions should actually work is similar this:

Find me a prime number which is bigger than X digits long where the last digit = N

X being the difficulty and N being a digit derived from the hash of the previous block.


KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B      VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H
DOGE:   DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
choochimil
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March 26, 2015, 09:55:02 AM
 #3592

Amazing how times change. XPM was a top 5 coin only 12 months ago.

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primer-
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April 14, 2015, 01:20:08 PM
 #3593

Amazing how times change. XPM was a top 5 coin only 12 months ago.

I remember traders on btc-e trollbox claim to have invested life savings into xpm just over a year ago...
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April 17, 2015, 06:48:56 AM
 #3594

Dudes....dudes.... LTC was 50$. What more is there to say ?

This coin needs OPTIONS. Additions. If it will do more, it will worth ALOT more considering its history, and when the BTC rise arrives, we are looking at the old price or even higher. But we need something like.... instant transactions DASH style
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May 09, 2015, 04:10:16 AM
 #3595

XPM is dead, BTC-E helped to kill it faster.

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Genesis-Mining
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May 11, 2015, 04:35:55 PM
 #3596

Dear Primecoin Community.

We are thinking about adding some new coins to our mining interface and so we have put up a coin vote on our Facebook page for people to have a chance to vote for their favourites.

We have listed Primecoin as one of the coins you can vote for.

If you would like Primecoin to be on Genesis Mining, then get voting. If you vote you will automatically be entered into a contest.

More information can be found here.

https://www.facebook.com/GenesisMining

Genesis Mining

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May 12, 2015, 11:36:23 AM
 #3597

they are CPU-mined (mostly), so it would be a completely new investment for a data center like Genesis-Mining. Would that really be worthwhile? Just curious.

https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
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May 14, 2015, 12:38:08 PM
 #3598

they are CPU-mined (mostly), so it would be a completely new investment for a data center like Genesis-Mining. Would that really be worthwhile? Just curious.
1st - PrimeCoin is not anymore mainly CPU mined! it was 1 year ago, but now is mainly GPU mined!
2nd - Genesis Mining will not mine it, but they will buy XPM if they decide to make payments to investors with PrimeCoins. This, I think will be positive for the price of XPM, this is why I voted for this option.
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May 25, 2015, 09:57:05 PM
 #3599

Primecoin up 200% this week Smiley
Do we know if there is a reason??
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May 26, 2015, 05:23:50 AM
 #3600

Primecoin up 200% this week Smiley
Do we know if there is a reason??

Yes, when there are more buyers than sellers at current pricelevel then the price goes up.  Cheesy
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