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Review on Emercoin by TUAN NGUYEN VAN
All of the data stored on the Emercoin blockchain is secured through the use…
All of the data stored on the Emercoin blockchain is secured through the use of a consensus mechanism that incorporates PoW and PoS mining. Owing to its unique design, this blockchain is highly accessible to all users and can be used remotely. The Emercoin blockchain is future-ready and can be scaled up as needed. This technology is market-established and currently used by companies such as Deloitte, Prover, and Russian Railways.
Pros
- The project was founded by Eugene Shumilov, who also serves as the company’s CEO. Olay Khovayko is the company’s cryptography specialist. He has been in the blockchain domain since its inception and possesses strong knowledge of the financial and crypto sphere. Lastly, Stan Polozov is Emercoin’s blockchain implementation head. According to Stan’s LinkedIn profile, he possesses “good technical prowess, as well as has a strong industry background.”
Cons
- Emercoin’s decentralized domain naming service is a next-generation advancement to Internet, to privacy and an effective reproach to censorship activity by government or otherwise. Further, Emercoin allows domain name allocation to exist for up to 30 years resulting in less maintenance than what other similar services, like Namecoin, which lists a 200-day maximum, offer. Emercoin also entered a peering agreement with the OpenNIC community, which will allow domains registered on Emercoin’s blockchain to be accessible to all users of OpenNIC DNS
