Emercoin is a digital currency, which is a hybrid between Namecoin and Peercoin. It's blockchain offers a name value storage system that includes an i
Emercoin is a digital currency, which is a hybrid between Namecoin and Peercoin. It’s blockchain offers a name value storage system that includes an incorporated DNS server. This cryptocurrency employs a ‘proof of work’ and ‘proof of state’ mining while making use SHA-256 hashes. It was launched in the month of December in the year 2013. However, it was advertised 3 days earlier so that miners could be alerted in advance. Over the passage of time since its launch in 2013, it has come to be unanimously regarded not only as one of notable digital currencies currently in existence. But also a powerful and versatile blockchain platform that concentrates on the provision of ingenious scalable value- added services. These particular services are designed to cater for both personal as well as commercial usage. Well, let us now review some basic information on this digital currency that you may find useful.
Features of Emercoin
One of the main dissimilarities between Emercoin and most other digital currencies available is the fact that it does not just utilize its blockchain for the sole use of transferring credit values. In essence, this is also a technological platform, which now distributes numerous censorship proof and scalable services. To this end, Emercoin has gone on to develop an entire suite of services that run on top of its blockchain. This includes EMCDNS, a decentralized uncensored domain name system (DNS). EMCDNS now supports .emc, .coin and .bazar domains. There is also the EMCSSL, an infrastructure for SSL certificates, where the blockchain is utilized as decentralized trust store for hash sums. While EMCSTREAM is a micropayment library that supports the streaming of media. On the other hand, EMCDPO is a decentralized digital solution for proof of ownership.
Where can you obtain Emercoin and how is it mined?
There is now a wide variety of money exchange markets from all over the globe where you will be able to buy or exchange this cryptocurrency in a hassle-free manner. Some of the most notable are BTC38, BITTREX, LIVECOIN, OPEN LEDGER, CRYPTOPIA, SHAPE SHIFT to name but a few. These money markets permit users to be in an excellent position of trading other currencies such as US Dollars or even Bitcoin for Emercoin and the other way round. When it comes to obtain mined Emercoin, you can do this utilizing SHA-256 ASIC or alternatively in solo mining mode. The latter option lets you to obtain an entire reward for the block. While, at the same time, going a long way in allowing you to play your own part in assisting Emercoin to become more distributed. For further details on this digital currency please visit http://emercoin.com