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Review on Emercoin by Julio Arvelo

Revainrating 4 out of 5

This platform existed to provide its user base with the access to a more…

This platform existed to provide its user base with the access to a more flexible, reliable and secure decentralized platform with ease in the operability of its functions.

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Pros
  • Is one of the oldest in blockchain enterprise dating back to 2013 and was created as a fork version of Peercoin. This coin is one of the few alt coins that have survived over time and is still traded on some exchanges. It is based on the original Bitcoin code, inherits the same security and reliability, but adds flexibility through a series of innovative additions. Among its features is: Flexibility Reliability Security It is simple but very effective. It allows to store arbitrary data. Although compatible with PoW mining and mining combined with Bitcoin, its main mechanism is PoS mining. This eliminates the "competition" for the mining capacity, since the mere fact of having Emercoin guarantees an annual yield of 6%.
Cons
  • It is not listed in too many exchange. Due to very less marketing it is not too much developed.