Author

Topic: Differences between Primecoin (XPM) and Peercoin (PPC) (Read 1294 times)

full member
Activity: 140
Merit: 100
It appears that I was misinformed. Thank you all for explaining the matter!
hero member
Activity: 764
Merit: 500
Most everything you mentioned isn't right. XPM does not use PoS, they do not have the same inflation rate, and they were never designed to be similar  Grin
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
Because it's a different concept.

Sunny King presented Primecoin like a proof-of-concept for the new hash algorithm. So the innovation of this coin lies in the PoW system. Proof-of-Stake would probably have added too much complexity for this purpose.
full member
Activity: 140
Merit: 100
primecoin doesn't use proof of stake

That is an interesting omission, considering they were created by the same person. Why does not it?
legendary
Activity: 1242
Merit: 1020
No surrender, no retreat, no regret.
PPC and XPM are very different.
full member
Activity: 126
Merit: 100
primecoin doesn't use proof of stake
full member
Activity: 140
Merit: 100
From what I can tell, the currencies Primecoin (XPM) and Peercoin (PPC) are very similar; both use the same proof-of-stake system, and hence have the same inflation rate. The main difference seems to be Primecoin's use of Cunningham chains for its proof-of-work. I want to ask some questions about this.

If there are no other differences, then what is the point of Peercoin today? Will Peercoin still be relevant in the future?
Exactly how useful are the scientific contributions made by Primecoin?
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