Following Bitcoin’s inception soon after the 2008 financial crisis, a number of different cryptocurrencies arrived in the market based on the similar Proof-of-Work (P.O.W) consensus mechanism. Bitcoin’s proof-of-work model designed for the peer-to-peer cryptocurrency is a hashcash type based on the SHA-256 has functions. Primecoin, on the other hand, takes a different approach and is … Continue reading Primecoin is bringing a new era of consensus