Gapcoin employs its personal method of confirming blocks and transactions. It is similar to the Proof of Work algorithm but a custom one called Prime Gaps. This term refers to the difference between two or more prime numbers, and this concept is what the Gapcoin P2P network is based on.According to the developers of GAP, it’s better than Bitcoin concerning the energy consumption. Gapcoin is decentralized and independent from the financial institutions and state regulation. The brand also claims to be fair crypto where the system was built not to enrich mainly the early participants but everyone involved. The more people join in, the more coins will be produced. More than 13 million in circulation, the total supply might increase up to a quarter-billion pieces. The block for GAP is about 2.5 minutes.

Comments