Emercoin

Emercoin
Denominations
Symbol EMC
Demographics
Date of introduction 7 December 2013
User(s) Worldwide
Valuation
Total production 1*10^9 EMC
 Method POW + POS

Emercoin (Symbol: EMC) is a cryptocurrency that is in some ways similar to Namecoin and Peercoin. It was launched in December 2013 and announced three days before launch in order to notify miners in advance.

Emercoin employs both proof-of-work (POW) mining and proof-of-stake (POS) minting and uses SHA-256 hashes.

EMC is considered to be a leading digital currency and Blockchain platform which focuses on creating innovative and scalable services for both business and personal use.[1]

Features

Developers propose Emercoin as a foundation for multiple possible services, rather simply a currency:

Oleg Khovayko, Emercoin Lead Developer, said, "Key difference in Emercoin from other cryptocurrencies is that we are using blockchain not just for transfer credit values. We consider Emercoin as a technological platform for distributed, censorship–proof and scalable services. So we developed a suite of services running on top of the Emercoin blockchain that will be very useful for a lot of companies and even private persons." [2]

As of 2016 year the following services are implemented:[3]

Usage

History

See also

References

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