Review on Emercoin by Praise Olagbadun
Emercoin, A Promising Altcoin
Emercoin is a digital currency and Blockchain service platform for business operations and personal use. The project began in the month of December and in the year 2013, creating an increasingly powerful ecosystem and has so many future plans which will result in it's maximum performance
Emercoin, (EMC) works with Hybrid algorithms which are the PoW and PoS and even SHA-256 which makes it's mining safe, better and faster as Emercoin can be mined. The cryptocryptocurrency originates from Bitcoin, although it took only the good features of Bitcoin; Like it's security, constant improvements.
It is supported by 25 companies which includes world companies like Coca-Cola and Microsoft. Recently, the Emercoin team has stopped working on it's improvement which in turn has dropped the cryptocurrency in the world's cryptocurrencies ranking and it's market value has dropped too. Therefore, I indulge the project team to be active and improve the technologies so as to grow the project. Emercoin is a promising project, I believe.
Pros
- The cryptocryptocurrency can be mined
- Emercoin is a cryptocurrency with a promising future
- Possesses a high security profile
- Completely reliable just like Bitcoin
- Prevents users from inflation which is common to traditional currencies
Cons
- Communication with traders should be improved
- Needs serious improvement in it's technology
