1 Level
6 Review
9 Karma
Review on Emercoin by Aiden McNair
EMC iss the monetary unit of account used for financial transactions on the…
EMC iss the monetary unit of account used for financial transactions on the Emercoin blockchain, and for Emercoin blockchain services. The infrastructure sits on the Emercoin cryptocurrency blockchain, using the blockchain as a decentralized trust store of hash sums for client SSL-certificates.
Pros
- The uniqueness of the proposal is in the complete decentralization of the system, i.e. the lack of a group of servers running under a single authorization (as used in the systems of Kerberos, OpenID, TeddyID and the like).
Cons
- Emercoin's certification procedure is not standardized, making it necessary to work within different requirements for each site.
