Primecoin XPM to ShipChain SHIP Exchange

Crypto Pair Details: XPM to SHIP

Primecoin XPM

Primecoin is a rather interesting digital currency. It was developed by Sunny King, one of the same developers that created PPCoin and invented Proof-of-stake. Primecoin does not follow the same rules as the other currencies, and has a built in mathematical benefit. Due to the way it is mined, Primecoin actually discovers previously unknown prime numbers. Primecoin is a rather interesting digital currency. It was developed by Sunny King, one of the same developers that created PPCoin and invented Proof-of-stake. Primecoin does not follow the same rules as the other currencies, and has a built in mathematical benefit. Due to the way it is mined, Primecoin actually discovers previously unknown prime numbers. The innovative prime proof-of-work in Primecoin not only provides security and minting to the network, but also generates a special form of prime number chains of interest to mathematical research. Thus primecoin network is energy-multiuse, compared to bitcoin network. Primecoin is designed to sustain a prosperous mining market and high level of security, while maintaining good scarcity property like gold. Primecoin also processes payment transactions 10x faster than bitcoin network. All in all, Primecoin presents itself as an extremely interesting experiment; for the first time, we have a currency whose mining algorithm has a secondary value, and at the same time Primecoin, unlike so many other coins before it, actually makes serious attempts to improve on Bitcoin in unrelated aspects. Not taking into account Bitcoin’s massive headstart, Primecoin may well be the first alternative coin to actually be better than Bitcoin, giving the currency the potential for a bright future ahead.

ShipChain SHIP

The ShipChain platform is based on a simple, yet powerful solution called 'Track and Trace.' Our ecosystem will encompass all methods of freight, and will include an open API architecture that can integrate with existing freight management software. The ShipChain platform unifies shipment tracking on the Ethereum blockchain, using a sidechain to track individual encrypted geographic waypoints across each smart contract. With this system, the meaning of each cryptographic waypoint is only accessible for interpretation by the parties involved in the shipment itself. This gives shippers more visibility across their supply chain, and allows carriers to communicate with ease. Information about loads, geo waypoints, and other basic information is recorded and publicly validated within the sidechain. On the shipment's delivery and confirmation, the contract is completed and stored on the main blockchain.

SOURCE: COINGECKO

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