Review on Emercoin by francis fernandez
Emercoin: Improving Bitcoin
Emercoin is a digital currency that was born as a result of a fork in the base protocol of Bitcoin; in order to add particular characteristics to the new cryptocurrency in order to solve some inconveniences that the first virtual currency on the market presented.
The symbol used for the Emercoin virtual currency is EMC. Its platform is used to offer multiple financial products to its users; which has given it a privileged position in the crypto market; since its operations are reliable and diverse.
What additional features or traits does Emercoin have?
* Emercoin has a storage system with NVS technology, capable of storing random data within the blockchain, this gives flexibility in the segregation of services from a decentralized DNS.
* Its mining combines the best of POW with the innovation of POS; making it a reliable currency in terms of security protocols.
* Its NVS technology guarantees a reasonable security profile that makes it less prone to electronic fraud.
* It is a blockchain that does not depend on government entities or other financial sectors; which gives it absolute decentralization.
* It makes available to its users a range of financial products and services. These include: EmerDNS (used to block the possibility of user modification), EmerSSH and EmerSSL (used to protect user passwords) and EmerDPO to guarantee the ownership of your digital assets.
All these characteristics, coupled with the high level of flexibility that the Emercoin blockchain has; They provide users with the possibility of carrying out commercial services through this platform without having to have a large level of storage or complex programming protocols.
Pros
- It is an ideal means to carry out diverse commercial transactions.
- It is a decentralized platform that is not subject to the control of any governmental or financial entity.
- It uses a technology with a high level of flexibility that allows storing data easily and without complications.
- It has a reasonable security protocol inherited in part from Bitcoin and from the combination of two reliable systems (POW and POS)
Cons
- To make the purchase of EMC, the user must access with a portfolio software admissible for the platform.
