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Author Topic: Primecoin Speculation - EFF offering $150.000 to the first group to discover...  (Read 1083 times)
Skinnkavaj
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July 24, 2013, 10:15:45 PM
 #1

Do you guys know how useful this currency will be in the future?
We are just getting started.
Take a look at this article:
http://bitcoinmagazine.com/primecoin-the-cryptocurrency-whose-mining-is-actually-useful/

Then take in mind that the Electronic Frontier Foundation is offering a $150,000 award to the first person or group to discover a 100 million digit prime number!
Read more about Math history and prime number rewards here:
http://mersenne.org/default.php

Questions:
Will this reward go to Sunnyking or to miners?
Does Sunnyking deserve the nobel price of 2013?

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fredeq
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July 24, 2013, 10:21:09 PM
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I do not think we are finding new prime numbers, or are we?

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MagicSata
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July 24, 2013, 10:22:25 PM
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primecoin will never find this due to the fact that it dosen't look for big primes, it looks for chains of primes  look up prime chains on wikipedia

Bitcoin: 18hAxcRYhMukhSPLZGHukJ7RofzrqGk2qG
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dego
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July 24, 2013, 10:22:46 PM
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That won't never happen. Primecoin won't find Primes of that size. Technically not doable... It will only break records in finding new prime chains... but unfortunately there is no prize to win...


maybe Sunny has to make Primecoin2...

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Sunny King
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July 24, 2013, 10:46:00 PM
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No need to hang on the EFF prize. That's right primecoin is not going to break the largest know prime record held by GIMPS, so the EFF prize is safe from us. But it doesn't mean that particular prize is all that there is to the primes. Nor is $1m prize worth a big fuss about considering primecoin network broke $1m market cap within 2 weeks of its release Wink
Skinnkavaj
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July 24, 2013, 11:04:22 PM
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No need to hang on the EFF prize. That's right primecoin is not going to break the largest know prime record held by GIMPS, so the EFF prize is safe from us. But it doesn't mean that particular prize is all that there is to the primes. Nor is $1m prize worth a big fuss about considering primecoin network broke $1m market cap within 2 weeks of its release Wink
Why does PrimeCoin have value? What is the reasoning behind?
Hell, why does prime numbers even have value?

Sunny King
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July 24, 2013, 11:42:15 PM
 #7

Why does PrimeCoin have value? What is the reasoning behind?
Hell, why does prime numbers even have value?

If you are new to bitcoin/cryptocurrency, the real question is 'what is money'?
Loozik
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July 25, 2013, 12:40:29 AM
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primecoin network broke $1m market cap within 2 weeks of its release Wink

Is it possible that you guys could get Primecoin data hooked to this charting service https://www.tradingview.com/e/?symbol=MTGOX:BTCUSD# just as MtGox did with BTC?

I would like to have a look at Primecoin charts.

Thanks.
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July 25, 2013, 12:52:06 AM
 #9

Nobel prize for Sunny and Primecoin, hehe, you guys are ridiculously funny!
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