Primecoin is sustainable and built to last “Well, Primecoin has also faster transactions and smoother difficulty adjustment. And the most important not so obvious thing about Primecoin is that it is naturally (mathematically) scarce - no hard limit and this is crucial for long term continuity of Primecoin and its ability to adapt to market conditions of this unpredictable world. Put simply in economical terms, this system is build to last... There have been some calculations aimed at determining the theoretical ultimate number of Primecoins that can come to existence with current semiconductor based computers and it turned out to be around 21mil (heh... what a coincidence), but in case of advent of computing technology based upon different, faster physical/material/working principle - say quantum computers, this number will continue increasing with the computational power.
Posted on: Wed, 06 Aug 2014 13:49:46 +0000
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