Gapcoin

What is Gapcoin?

Gapcoin is a new prime number based p2p cryptocurrency, which tries to eliminate the sticking points of other scientific currencies like Primecoin or Riecoin. 
It's a fork of Satoshi Nakamotos Bitcoin, a decentralized payment system which is independent of banks, governments and other centralized regulators. 
With Gapcoin, you will be able to anonymously send money around the globe in no time.

The big improvement in comparison to Bitcoin is that instead of burning electricity for its own sake, Gapcoins Proof of Work function actually does useful work by searching for large prime gaps.

 Specifications:

• PoW: custom, prime gaps
• Block target time 2.5 minutes
• Block reward proportional to the current difficulty
• Block reward halving every 420000 (about 2 years)
• Cap: about 10 - 30 million GAP
• Difficulty adjusts every block and increases logarithmically (it will probably take years to get to 50)