Review on Emercoin by LUIS RIVERO R
This cryptocurrency, despite having some time in the market, has not been…
This cryptocurrency, despite having some time in the market, has not been known enough, let alone the characteristics that its novel security and network system can offer, which makes part of its potential lie in the background and simply be used for buying and selling, wasting resources and tangible changes that can occur if this innovation is used in a real way as it is the blockchain, the de-centralization and use of cryptocurrencies. I believe that the essence of this cryptocurrency is lost because it is a great protocol that can be used, and even adapt to new information technologies and the fight against false news on the Internet. I think that this coin came to be here for a long time, it is time to grow and leave alone to think about the monetary benefits its roadmap seems reliable and without leaving aside the alliances that generate credibility, stability to the project, they make me feel safe in investing in them. Only time will tell if they will really fulfill their promises
Updated 5 years ago
Rating has not been changed
Currently there are other projects working in this space.
The challenge so far is in the general use of the EMC ecosystem,
Within the network improvement is the implementation of Lightning Network, and for the use of its standard the creation of a browser based on the Chromium code, with all the features that Emercoin has developed.
Possibility of mining with the same bitcoin machines, combined.
Pros
- Emercoin has alliances with the University of Stanford, using its protocol tests and trials are conducted based on distributed computing, used to use resources of several computers. They have a large number of members who support this project, they are specialized in different areas. Their most striking point is the association with the Stanford University. The agorhythm in which emercoin data are processed, was designed by the national security agency NSA, according to information from the creators themselves. Apart from being an alcoin and offering blockchain services, this integrates in its platform different security solutions and encrypted obviously based on computer networks. The group on its website reported that it would form an alliance with the software giant, such as Microsoft Corp, and that it could offer its services to a wider market. The block chain is lightweight and does not require additional resources for its use. Easy to buy with fiat money. It has had a great growth both of its value and of real uses, which generates credibility
Cons
- Little infrastructure, which generates real assets that support their technology. The exchanges in which this list is still small generate a lack of demand and little capital for investment. lack of connection with people. In general, I believe that the greatest shortcoming of emercoin is a market plagued by many cryptocurrencies that they claim to make, and this generates distrust in investors, as this company generates a real security solution for both users and large companies, reducing computer costs, but It does not have the uses it really has.
