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What is Primecoin?

Primecoin is a form of cryptocurrency which is issued through a decentralized mining market. Primecoin is derived from Bitcoin and uses prime numbers as a proof of work. Moreover, Primecoin is the first ever cryptocurrency whose design comprises of the scientific computing as its work.

What Are The Advantages Of Primecoin?

The major advantages of Primecoin are:

  • Provides more security and minting to the network
  • Primecoin generates special chains of prime numbers which mathematical researchers often tend to use
  • Primecoin’s design can sustain a high level of security
  • Payment transactions are 10x faster than Bitcoin network

Primecoin Symbol – What Does It Represent?

Primecoin symbol is basically a Greek letter psi (Ψ). The shape of this letter symbolizes the Reimann zeta function and is chosen as a tribute to Reimann. The horizontal bar we see in the symbol not only represents the currency symbol convention but also represents one of the precious jewels in the history of math – Reimann hypothesis.

How Does Primecoin Work?

Primecoin works by searching for prime number chains. The chains’ names are Cunningham chains and bi-twin chains. As of now, the distribution of these prime chains is not very well understood as even for its simplest case, the nature of their infinite existence is not proven.

The circulation of primes has been a standout amongst the most vital revelations in math, and the investigation of prime chains follows its lineage to the work of Riemann and prime number hypothesis, with connections to the more profound nature of the seemingly arbitrary pattern of prime distribution.

Riemann’s investigation uncovered the connection between Riemann zeta function and prime distribution, though later on Riemann zeta function has proved to be of higher relevance in other branches of science such as physics, consequently the investigation of prime distribution is a vital piece of the establishment of present day sciences.


How to mine Primecoin

How to buy Primecoin

What is Primecoin

How does Primecoin work

What is Primecoin mining

How to mine Primecoin with GPU

How to mine Primecoin with CPU

Bitcoin vs other cryptocurrencies

how to buy primecoin

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Burger King Launches Own Cryptocurrency In Russia – WhopperCoin

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Burger King
has taken the world by a storm as they launched their all new cryptocurrency “WhopperCoin” in Russia.

Reportedly, with each purchase of their signature Whopper sandwich, customers can now get WhopperCoin tokens through a digital wallet. The token is based upon the Waves blockchain.  It allows users to trade, transfer and issue tokens, on an integrated peer-to-peer exchange.

Customers can transfer and trade their coins online or simply use them to purchase food from BK. Although, the actual exchange rate for such transactions has not been revealed yet.

Just a year ago, Bitcoin users were threatened with being thrown in jail if they were ever caught using cryptocurrencies but that was soon to change. It is pleasing to know that the Russian Government has relaxed its grudge on cryptocurrencies.

The Burger King chain is set to launch an app for the digital tokens in both the Apple Store and Google Play in the coming future.


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Cryptocurrency hardware wallets – Ledger grab $7 million

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A huge number of things are going incredibly good for ledger these days. Bitcoin, ether and other cryptocurrencies stirring the people’s attention again. Accordingly, French startup raised $7 million series around the world to make hardware security devices universal.


MAIF Avenir, XAnge, Wicklow Capital, GDTRE, Libertus Capital, cryptocurrency Group. The Whittemore Collection, Kima Ventures, BHB Network and Nicolas Pinto contributed to today’s subsidy round.


Well, you have knowledge about cryptocurrencies, you definitely have the idea that digital currencies’ start-ups centralize everything. A large number of scams are there. In addition, no need to trust any startup’s security team, do it to your own.

You have the ability to run your own Bitcoin wallet on your computer. But, hackers are still there to snatch your money from the computer or from a wallet, so be aware of scams.

Ledger makes a number of hardware wallets for several currencies. Actually, these tiny devices are the secure element. Furthermore, you also have a smart phone as Apple Pay or Android Pay with the same performance.

Ledger runs few tasks in a straight line on the secure element. It makes it more secure and then runs an app on your devices entirely. In this way, you will have the power to protect your bitcoins. Nobody can reach to the private keys on devices. In addition, devices repetitively check the honor of the firmware.

The company makes it sure that nobody has the ability to compromise the devices during production procedure. Co-founder Eric Larchevêque said, “When we manufacture the devices, all chips receive a Ledger certificate.” And, “When the device boots up, the computer sends a security challenge and the device answers.”

Smart devices & cost:

Ledger Nano S with tiny display and size of USB key is a well-known device in the digital market. Before the transactions take place from your computer, you need to confirm that a transaction on the device by entering your PIN code first. In this way,  if your computer gets compromised, transaction order will not over on device and you will not able to confirm that transaction.

The Company also making the ledger-blue. The Ledger Nano S’s cost is about €70 although blue cost is €275.

Crypto-wallets still newbie in the digital market. Accordingly, ledger sells more than 50,000 wallets and meet the company’s expectation by an inclusive margin.

By running a protected operating system on the secure element, there are other possible applications. For example, ledger might sell chips so that companies working in complex industries by making sure that server wasn’t compromised. Companies rising there money by introducing new hardware devices.


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What Are Some Safest Bitcoin Wallets You Can Trust?

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A Bitcoin wallet is basically equivalent to a bank account for the traditional money. It is used to store bitcoins and make transactions with other users.

Bitcoin’s value has raised incredibly over the years. At the time of writing, one BTC is worth $1174.00 USD and it is expected to go even higher for the upcoming days. Apart from being extremely valuable, Bitcoin has also attracted the attention of hackers from all across the world as they are always developing new techniques to breach the Bitcoin security and steal your coins.

To keep the coins protected, it’s essential to use the wallets that offer foolproof security, high reliability and less vulnerability against these attacks.

Here we have discussed some of the most reliable Bitcoin wallets that you can use to keep your Bitcoin assets well-protected. (Also, don’t forget to read our guide on how to secure a Bitcoin wallet)


The first one on our lists of safest Bitcoin wallets online is Copay. It’s a multi-signature wallet and comes with a unique feature of restoring funds in a wallet by exploiting old backups.

The service also prompts its users to back up new information at regular intervals to avoid the loss of data.

The only complaint regarding Copay is its slow speed. But it doesn’t stop it from being one of the best iOS wallets out there.

However, Copay is not only limited to iOS. The users of Android and Desktop applications can also enjoy its unique features in a similar fashion.

Bitcoin Armory:

Also known as Armory – this wallet is particularly designed for desktop users and is one of the best out there.

Ever since the smartphones have taken over, the desktop wallets have fallen out of favor. But the Armory still remains to be one of the favorites due to its excellent functioning.

The wallet offers:

  • Multi-signature ability
  • Full node verification
  • HD privacy

And is an open source software.


One of the most renowned Bitcoin Wallets Address. The Blockchain is available for iOS, Android as well as web browser users.

The wallet provides complete Tor Support Privacy and comes with trusted server verification.

Blockchain is being anticipated to grow more in future due to its exceptionally high amount of capital and the ongoing R&D which aims at making the product even better.


Trezor features cold storage and is a hardware bitcoin wallet. The wallet is open source and carries all the information required to make Bitcoin transactions. The wallet can easily be carried in your pocket. However, the service does not come for free. The price tag is $119.


Xapo is available only for desktop users. It comes with trusted server verification and is probably the only wallet that provides its account holders with insurance. Similar to all other wallets, Xapo is also an open source software.

Green Address:

Green Address is available for android, iOS and web browsers and is a multi-signature wallet. It comes with HD privacy and trusted server verification. One of the reasons why Green Address is popular among the users is its availability as a Chrome extension, which makes accessing it simple and straightforward.

These are some top-notch wallets for users to keep their bitcoins from security vulnerabilities. Some other wallets that you might want to consider are Cool Wallet, Holy Transaction, Ledger, etc.

All these wallets are outright reliable and ensure the highest level of security for their users.

Want to set up a Bitcoin wallet? Read our guide on how to set up a Bitcoin wallet.


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The Right Time to Buy Bitcoin and Ethereum – Revealed!

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It has been about two months, hedge fund billionaire Michael Novogratz thru a brave announcement, he’d put 10% of his net wealth into cryptocurrencies with Bitcoin and Ethereum. But a very much could happen in a few days like the worth of Bitcoin has more than doubled, and the worth of Ethereum has increased six-fold.

So, around the time digital currencies touched all-time high earlier in June, by hitting the price of Bitcoin to $3000, and the worth of Ethereum breaking $400 these days. Novogratz believed that the recent crypto boom had topped out. He sold a lot of his digital coins.

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“I sense the market had a great run, and trees don’t raise to the sky,” Novogratz spoke this week, talking at CBInsights’ in New York, “I have a lot fewer coins, they just value more,” Novogratz added.

Some days after setting highest, the price of Bitcoin and Ethereum fall down about 25% in just 24 hours, and Ethereum is still on falling.

Digital Currency dealers have become adapted to their prices aggressively doing push and pull, up and down in waves.  A 30% fall in the Bitcoin worth in May headed its current highest by about two weeks, but the recent downdraft seems more constant. However, the digital currency entrenched in a technology system identified as the blockchain, have individually since improved some of their losses, they have to drive anywhere near to their high.

Now, investment groups are investing in blockchain companies. They think that the digital currencies have peaked for some time, and it can be a while before they come back to the highest level. Novogratz still has a firm stance on cryptocurrencies and their performance in the longer run. The only thing he is waiting for is the right purchase time so he can start from where he left off.

Eventually, Novogratz has faith that there will be a time when stockholders are recovering off getting out of digital currencies entirely, However, it is almost a long way off. Novogratz predicted that “I think that Bitcoin, Blockchain, Ethereum, and ICO revolution is leading us to the single extreme bubble of our lifetime”. No doubt, when that bubble pops, it is possibly a perfect time to buy back in.

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Bitcoin – puzzling rise of the bitcoin

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Bitcoin info: An insane rise in the value of the bitcoin is providing a new discussion to the technology world.

A number of people are really wondering about the origin of it, they are puzzled by this phenomenon? surprise how it is physical? how they withhold on it? how bitcoin works? or whether a new bubble like this, is on its way?

Whereas others count that the currency change brings the sans regulations.

If we look back, one Bitcoin was at the value of $0.003 in 2010. Whereas, its value in 2017 raises to $2500. Clearly, means that one bitcoin is equal to the 2500 US dollars. By multiplying the perspectives bitcoin’s value is 879,999 times.

 So, which thing people buy in actual????

On another side, people think about the hoarding of the bitcoins.

One of the trader’s point of view is, “Of course, you can spend bitcoins to purchase items at places where they are accepted. But a lot of traders are buying on speculation because the supply of bitcoin is limited”.
All we know that there is 21 million total supply of the bitcoins and 70% are mined already from the internet. And, a sharp increase of the bitcoin is associate it with “bubble” word.

Billionaire Mark Cuban already admit that it has a worth, it has a value in blockchain technology. And named it as a bubble early in this month.

Few of them relate this bitcoin hype to the “Tulipmania”. A well-known episode in Dutch history 1636-1637.  Where the value of tulip bulb was pushed by the gamblers to rapid heights.

Unfortunately, the bubble burst and bulbs price crashed. The main reason for this crash was, no existence of the fundamental value of a bulb.

But, in the case of the bitcoin, you are free to spend your coin and get goods and services. This scope is continually expanding. Traders of the bitcoin are the well-wisher of this technology and claims that bitcoin’s attractiveness directly lies in its potential.

Furthermore, it is possible that fiat money also doesn’t have original value but it is controlled by the different sources. That is a reason for long-term investment.

Japanese government legalized the bitcoin, it is a live example that cryptocurrencies are making their ways into the mainstream.

Bitcoin is not only one cryptocurrency, which is available with the limited supply. In fact, there are more than 900 digital currencies available on the internet. Whereas, cryptocurrencies are basically decentralized digital money, which is not created by any government or central bank.

Additional tag: Bitcoin stock market

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