Emercoin

Emercoin
Date of introduction 7 December 2013
User(s) Worldwide
Total production 1*10^9 EMC
 Method POW + POS
Symbol EMC

EmerCoin (EMC) is a DeCentralized CryptoCurrency like Bitcoin only more similar to Namecoin and Peercoin. EmerCoin was launched on Dec 11 2013 with zero pre-mine and announced on BitcoinTalk.org over 72 hours prior in order to notify the miners of its imminent launch. EMC established as the local currency of a number of Internet projects (social networks, research projects, networking, games) as well as to support and sponsor hightech projects (robotics, electric vehicles, submersibles).[1]

EmerCoin (Symbol: EMC) — Cryptocurrency with proof-of-work (POW) mining and proof-of-stake (POS) minting.
EmerCoin marked as the hybrid of NameCoin and PPCoin.
EmerCoin based on SHA-256 hash.
EmerCoin software uses STUN for obtain an external IP address[2]

On January 4, 2016 Microsoft entered into a partnership with EmerCoin as part of their Azure Blockchain Service program. EMC is considered to be a leading digital currency and Blockchain platform which focuses on a platform of innovative and scalable enterprise services.[3]

Features

Developers propose Emercoin as universal distributed trusted storage, and currency only one way of its usage.

Oleg Khovayko, Emercoin Lead Developer, said, "Key difference in Emercoin from other cryptocurrencies is that we are using blockchain not just for transfer credit values. We consider Emercoin as a technological platform for distributed, censorship–proof and scalable services. So we developed a suite of services running on top of the Emercoin blockchain that will be very useful for a lot of companies and even private persons." [4]

At end of 2015 year are implemented:

Domain zones EMCDNS

Usage

EMCDNS supported on several Tor exit nodes.[9]

DNS servers of the project OpenNIC resolves the domain zones delegated on the Emercoin[10]

EMCSSL implemented in the CMS Drupal[11]

Emercoins may be "mined" in the project Folding@Home.[12][13][14]

History

December 11, 2013 — First release.

Febriary 11, 2014 — The Folding@Home sponsorship project started.

September 3, 2014 — emercoin 0.2.4 is released.

November 4, 2014 — emercoin 0.3.0 is released. Name-Value Storage (NVS) added. EMSDNS is created using NVS. EMCDNS is used for the domain zones ".emc" and ".coin".

December 10, 2014 — emercoin 0.3.2 is released. Subdomains in the EMCDNS now allowed. New TLDs: ".lib", ".bazar".

August 8, 2015 — emercoin 0.3.4 is released.

November 30, 2015 — Emercoin Blockchain attaked. Attacker started fork of blockchain.

December 1, 2015 — emercoin 0.3.6 is released. The vulnerability of PPCoin protocol is fixed.

January 1, 2016 — emercoin 0.3.7 is released. The pothential vulnerability is fixed.

January 4, 2016 — Emercoin have signed up for BaaS (Microsoft Azure "Blockchain as a service")[15][16]

See also

External links

Articles

References

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