Review on Emercoin by Olugbenga Ajayi
Emercoin super coin
Emercoin is a cryptocurrency project that produce (EMC). It has a current supply of $48,600,873,520. It is currently prices at $0.956341. Emercoin is traded on different market.
It is forked from a project known as peercoin in 2014. Experts don't see Emercoin as a cryptocurrency platform but as a development platform.
It has a high profile security system to that use Emc secured socket layout and EMCSSH to provide users with passwordless identification and access control. It domain is uncensorable and decentralized and can only be changed by users.
For governance protocol, it use two consensus algorithms which are POW and POS. With this, users assets are protected from hackers attacks.
There some exchanges that support EMC and allow people to buy it with eur or use. It can also be bought using Bitcoin or ethereum.
Uses of Emercoin
1. People hold it for Emercoin as a protection against inflation.
2. It can also be traded with.
Pros
- It is very secured
- It protect users asset from inflation common to traditional currencies
Cons
- Need to improve on regular update
New products
Comments (1)
May 30, 2020
Emercoin cryptocurrency is a means of payment. It has two consensus algorithms to make the mining of it easy for the miners. The two algorithms are Proof of Work and Proof of Stake. It has it own wallet. It supports mobile phone.
