1 Level
16 Review
37 Karma
Review on Emercoin by No David
The platform is super easy to use too, one doesn't need to go through the…
The platform is super easy to use too, one doesn't need to go through the bottle neck of Eos to get things started. EMC coins are a ticket to use Emercoin's services and can be found in many encryption exchanges. This cryptocurrency uses proof of work and proof of state mining with SHA-256 hashes. It was released in December 2013, but it was announced three days earlier before the miners could warn them in advance.
Pros
- The user experience is similar to other blockchains where after a transaction has been carried out, no further confirmation is required which means tokens can be easier sent around but also easier for hackers to steal if not in a secure wallet. Emercoin is one of the few 1st gen coins that is going to allow Proof of stake and Proof of Work, that being said everyone should have seen that this is a long term project. Over the years Emercoin has managed it position as one of the top 100 coins and is still considered as one of the top altcoin.
Cons
- The marketing and development team seems to be bereft of idea. I've been to their channels and what they care about the most is the price of the token, which to me is very bad. Optimization of Transactions Emercoin has its very own optimizer, which deals purely with transactions in order to be efficient.
