Review on Einsteinium by David Olayide
Einsteinium
Einsteinium (EMC2) is a community-driven cryptocurrency that leverages on the blockchain technology to raise capital for scientific research. This is accomplished through a mining tax that creates a pool of funds to provide grants to deserving applicants. EMC2 is a Scrypt coin that uses the Kimoto gravity well with a 50% block reduction and a 60 second block time to help democratize the entire mining process. The EMC2 coin can actually support wallets for either Windows, Mac, or even Android devices. Einsteinium is quite different from other projects because of it’s innovative structure. The project has plans to branch out to many other sectors. Einsteinium enables the global community to efficiently and securely support scientific research, charitable and political causes, as well as education and technology development. The Einsteinium Foundation is s non-profit organization that is committed to education as a core value. The Einsteinium Foundation’s long term goal is to utilize emerging blockchain technology to create funds for scientific research as a philanthropic organization. This can be done by maintaining a currency Einsteinium also called EMC2 which allows for a transparent and trustful way to support specific causes. As a matter of fact, the Einsteinium coin is designed to reduce waste and redundancy where it is needed. EMC2 is a community coin, meaning that the governance is democratized and ownership is totally decentralized. EMC2 is openly traded and mined all over the globe. Bittrex, UpBit, atomicDEX and BCEX Global are the exchanges you can make use of.
Pros
- Wallet Support for both windows, Mac and android devices
- The project makes use of very innovative tech
- EMC2 is openly traded round the world
Cons
- Lacks sufficient popularity
