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Benaiah A. Akinlade photo
Nigeria, Osogbo, Osun State, Nigeria
1 Level
165 Review
110 Karma

Review on Emercoin by Benaiah A. Akinlade

Revainrating 4 out of 5

Emercoin has a long way to go but making encouraging strides

Emercoin is a platform that performs secure distributed blockchain services. It was founded in 2013 by Eugene Shumilov and it is also an open-source cryptocurrency that descended from Bitcoin, Namecoin, Peercoin. The native token of Emercoin is EMC (emercoin) and it can be used for accessing the blockchain-based services and completion of financial transactions on the Emercoin blockchain.
Its emergence from bitcoin makes it secure and reliable also accommodating to
Emercoin inherits the reliability and security of Bitcoin, while at the same time adding more features to its blockchain by accommodating different technologies.
The Emercoin blockchain is designed to provide secure blockchain related services to businesses. It supports different business services, such as:
EmerDNS, ENUMER, EmerTTS, EmerLNX, EmerDPO, EmerNVS, EmerNVS, EmerSSH, EmerSSL, EmerMAGNET
Emercoin is also in partnership with the following companies :
1. Deloitte
2. Authorizer
3. UnaDesk
4. Foundico
5. Microsoft Azure cloud and
6. RedHat.
If you’re interested in obtaining EMC, there are several ways you can adopt;
1. You can mint EMC with PoS minting.
2. You can mine EMC with PoW mining.
3. You can earn EMC by providing services you get paid for.
4. You can trade EMC on supported exchanges.
In my opinion, EMC still have a long way to go but I believe it’s on the right path as the relationship with these high profile organizations might be the trigger needed to be relevant in the crypto world.



Pros
  • Emercoin wallet is available in desktop, mobile, and web
  • The blockchain does not require much power to maintain as you can access the blockchain with your personal computer and any of the supported wallets
  • Proof of Stake, Merged Mining, and Proof of Work hybrid algorithms provides high level of security for the blockchain
  • Blockchain is supported by several high profile businesses and companies
  • There are several ways to earn the token
Cons
  • Trading volume of emercoin is low
  • Blockchain have not gathered enough popularity to challenge more established blockchains