PrimeStone Whitepaper

Bitcoin is a cryptocurrency that has emerged as a popular medium of
exchange and is the first digital currency that has attracted a substantial
number of users. Since its inception in 2009, Bitcoin has been rapidly growing
in mainstream adoption and merchant usage. A main issue with the
acceptance of Bitcoin in point-of-sale (POS) situations is the time required to
wait for the network to confirm the transaction made is valid, alternatively
payment companies have created methods to allow vendors to take zeroconfirmation transactions, but these solutions utilize a trusted counterparty to mediate the transaction outside of the protocol. Bitcoin provides
pseudonymous transactions, with a one-to-one relationship between sender
and receiver.

This provides a permanent record of all transactions that have ever
taken place on the network. Bitcoin is widely known in academic circles to
provide a low level of privacy, although with this limitation many people still
entrust their financial history to the Bitcoin blockchain. In this paper we
propose a series of improvements to Bitcoin resulting in a decentralized,
strongly anonymous cryptocurrency, with tamper-proof instant transactions
and a secondary peer-to-peer (P2P) networking technology.

PrimeStone is a multifunctional and well-protected cryptocurrency that
focuses on the needs of diverse global users. Furthermore, PrimeStone
guarantees quick and smooth transactions. For the currency creation X11
algorithm is used and it enables mining of 60,000,000 coins. It should be also
emphasized that our cryptocurrency possesses some significant features, such
as: SegWit, Replay Protection, Unique Address Format, Zero Knowledge Proof,
Lightning Network.

Furthermore, PrimeStone Coins can be mined on GPU, CPU or other
devices. It is worth mentioning that we provide competitive rewards for block
mining. This kind of benefits is based on the system that links rewards to
performance and its difficulty.

At the same time, other vital matters are already resolved and
established. It is commonly known that fees are of significant importance for
users, because this particular issue sometimes turns out to be costly and, as a
result, disappointing or frustrating. However, PrimeStone has taken the
challenge of minimizing the cost of money transfers. Consequently, it can
safely be assured that PrimeStone ensures a low fee level.

PrimeStone Website
PrimeStone Whitepaper

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