Gapcoin GAP

Rank #3654

$ 0.00404012 +0.63%

Gapcoin Price (GAP)

Gapcoin to USD Price Chart

What Is the Current Price of Gapcoin (GAP)?

The current price of Gapcoin (GAP) is $ 0.00404012. In the last 24 hours, the price has increased by +0.63%.

What Is Gapcoin (GAP)?

Gapcoin (GAP) is a decentralized, peer-to-peer cryptocurrency that stands out due to its focus on scientific value. It's developed from the Bitcoin protocol, but with a unique twist - instead of using energy for proof of work that doesn't offer meaningful output, Gapcoin's proof of work function contributes to prime number research by searching for large prime gaps.

Who Created Gapcoin?

Gapcoin is a fork of the renowned Satoshi Nakamoto's Bitcoin. Unlike Bitcoin and similar cryptocurrencies, Gapcoin aims to provide intrinsic scientific value in addition to being a medium of exchange. However, it's unclear who specifically forked this coin and who maintains it now.

How Does Gapcoin Work?

Like Bitcoin, Gapcoin operates on a proof-of-work system. However, its significant distinction lies in the fact that the work done is not just a way to secure transactions but is also used to search for large prime gaps. This way, it aims to contribute to mathematical research aside from being a form of crypto asset. Anonymously sending money across the globe in no time is another promise this digital currency claims to deliver.

How Does Gapcoin Differ From Other Scientific Cryptocurrencies?

Gapcoin addresses the challenges found in other scientific currencies like Primecoin or Riecoin. While these coins also search for prime numbers as their proof of work, Gapcoin puts a greater emphasis on finding prime gaps, a fundamental yet intriguing problem in number theory.

What Makes Gapcoin's Proof of Work Unique?

Unlike conventional proof of work cryptocurrencies which consume electricity but don't offer significant contributions beyond the crypto-sphere, the proof of work in Gapcoin is designed to provide mathematical value. It focuses on finding large prime gaps - a scientific task that can contribute profoundly to prime number research.

What Is a Prime Gap?

A prime gap is the difference between two successive prime numbers. Prime numbers are a fascinating subject in number theory, and the distribution and the gap sizes between primes have stumped mathematicians for centuries. So, by searching for large prime gaps, Gapcoin is contributing to a significant area of mathematical research.

How Much Gapcoin (GAP) Is in Circulation?

Currently, there are 17.6M GAP on the market. However, similar to Bitcoin, the network is planned to have a limit on its total supply, which is GAP.

Where Can You Buy Gapcoin (GAP)?

You can purchase Gapcoin (GAP) on any of the following exchanges: Nova, Cryptopia. Please remember to exercise caution and employ best practices for security when participating in any cryptocurrency transactions.

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