Cyber criminals targeting another cryptocurrency 'Primecoin' with malicious miners
Jan 16, 2014
Like Bitcoin, There are numerous other cryptocurrency similar in nature, including MasterCoin , ProtoShares, Litecoin, Peercoin, BitBar and many more. One of them is Primecoin (sign: Ψ; code: XPM), a peer-to-peer open source cryptocurrency that implements a scientific computing proof-of-work system. Unlike Bitcoin or other virtual currencies, only Primecoin provides a proof of work that has intrinsic value. It generates a special form of prime number chains, known as ' Cunningham chains & bi-twin chains ' and has a real world importance in mathematical research. Worldwide famous RSA Encryption basically uses two prime numbers for generating a RSA key pair. If you are able to factorize the public key and find these prime numbers, you will then be able to find the private key. Thus, the whole Security of RSA encryption is based on the length of prime numbers. So, Primecoin plays a great role for crypto researchers to get large... and a ve...
