Any other coins like Primecoin? | Bitcointalksearch.org

Abiky

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Quote from: kotajikikox on April 19, 2024, 10:51:06 AM

Most likely profit.

If the coin is not going to gather investors then what is the point of developing it? Probably you would be the one to fund the development itself if you really wanted to. Many people these days are now kore concerned about what is ‘in’? Or what is the current trend rather than what could be beneficial for the crypto community at large considering the future as well.

Investors aren't interested in old coins these days (with the exception of Bitcoin). They want something new and fresh that would allow them to make massive returns in the quickest time possible. You can see why "meme" coins and NFTs are extremely-popular these days. Old coins with unique PoW algorithms like Primecoin and Magi will remain a niche to the general public. Only a few of them (mostly crypto/tech enthusiasts) will actively-support these projects. With some coins being abandoned in development, don't expect to make a buck investing in them anytime soon.

I would've loved to see a Primecoin alternative that would help advance the discovery of Cunningham chains. Something like a PoW token living in either the Solana or ETH blockchain. That would be cool. Hopefully, a developer (or group of developers) will become interested in Primecoin someday. At least, the XPM blockchain still lives. Too bad it's only listed on one exchange.

kotajikikox

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Quote from: Abiky on April 19, 2024, 10:20:37 AM

I'd say Primecoin is a kind-of-a-kind PoW cryptocurrency that made its mark in the crypto industry. The code is open source, so what's stopping someone from improving it or making a new project from scratch?

Most likely profit.

If the coin is not going to gather investors then what is the point of developing it? Probably you would be the one to fund the development itself if you really wanted to. Many people these days are now kore concerned about what is ‘in’? Or what is the current trend rather than what could be beneficial for the crypto community at large considering the future as well.

Abiky

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Quote from: peter0425 on April 18, 2024, 01:17:45 PM

I think there’s really not much coins that are mathematically innovative that are considered part of the mainstream coins or those with lots of support and value. There is one though MATH.

It also involves prime factorization among other mathematical computations. Its price is 0.5 usd so it’s not as bad as I would say. There are a lot more out there that aren’ just explored or probably have been long dead already

Of course not. Nowadays, there are many "shitcoins" that are straight clones from the other. Particularly "meme" coins. Developers shifted their focus from quality into quantity. I'd say Primecoin is a kind-of-a-kind PoW cryptocurrency that made its mark in the crypto industry. The code is open source, so what's stopping someone from improving it or making a new project from scratch?

It's a pity that a good project like Primecoin was left behind in the dust. Peercoin was made by the same creator but it's still actively maintained by the community. I guess there's not much interest in PoW coins these days. Hopeefully, there are other alternatives meant to keep the idea of prime number mining alive. Who knows what surprises we'll find in the future? Cheesy

Mate2237

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Abiky my man you are really trying from this side of the forum and just that merit is not here in the forum if not, you have good posts here to be merited. Keep the god work burning over this section. Well I don't know the coin much and I made research in the net and I came up with this price of the above over name project $0.02595. And in the cryptocurrency market, and the way I looked at, many projects will spring up and after some years, they will die and will not resurrect again or probably form alliance with another project to rise again.

I don't normally like NFT from the beginning so I didn't invest or participated in it. And since when I joined the Cryptocurrency community, I only focus on Bitcoin and recently investing in Ethereum which I am even regretting.

crwth

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This made me remember the Prime puzzle where there are no Odd Perfect numbers. It's an interesting thing that it's so hard to find since the old century.

I wasn't able to be part of prime coin or even see it. It's not so effective since it's inactive anymore. It probably has to do with the devs that they manage to be inactive. No community to make it stay alive or something. I think some coins are worth buying and going to go up. Maybe on the BASE chain.

peter0425

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I think there’s really not much coins that are mathematically innovative that are considered part of the mainstream coins or those with lots of support and value. There is one though MATH.

It also involves prime factorization among other mathematical computations. Its price is 0.5 usd so it’s not as bad as I would say. There are a lot more out there that aren’ just explored or probably have been long dead already

Abiky

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I remember the days when mining XPM was still a thing. The cryptocurrency had an innovative approach to PoW by using prime numbers instead of traditional hashing algorithms. As of now, the Primecoin project is inactive with little support from mainstream crypto exchanges.

I was wondering if there are other XPM alternatives that are based on prime numbers? These days the industry is focused on speculative "meme" coins, and worthless NFTs, so it's hard to find projects that are truly-innovative. Especially on the PoW side, when the market is largely-composed by PoS coins.

If you know of any other coins like Primecoin, please let me know. Your input would be greatly appreciated. Thanks in advance.

Topic: Any other coins like Primecoin? (Read 57 times)