Emercoin is a versatile blockchain platform that combines Proof-of-Work, Proof-of-Stake, and Auxiliary-Proof-of-Work mechanisms for secure financial transactions. More
| Fully Diluted Valuation | $2.35M |
|---|---|
| 24H Trading Volume | $5 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 48.12 M |
| Total Supply | 1.00 B |
| Max Supply | 0.00 |
| Categories | |
|---|---|
| Founder | Eugene Shumilov |
| Website | emercoin.com |
| Socials | 2 more |
| Chains | EmerCoin Ecosystem |
| Explorer | Coinexplorer 3 more |
| Name | Pair | OG Score |
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Emercoin is a blockchain platform that offers a range of decentralized services beyond just financial transactions. It uses a combination of Proof-of-Work (PoW), Proof-of-Stake (PoS), and Auxiliary-Proof-of-Work (AuxPoW) mechanisms to secure its network and validate transactions.
How is Emercoin Secured?
Emercoin is secured through a blend of PoW and PoS, allowing miners to solve complex problems and coin holders to stake their coins for transaction validation. Additionally, its AuxPoW system accepts work from miners of other cryptocurrencies, further enhancing security. Emercoin also supports hardware wallets for added protection of user assets and uses blockchain technology for decentralized domain name systems (DNS), reducing risks from centralized control.
How is Emercoin Used?
Emercoin's blockchain is used for secure payments, decentralized DNS, and storing information. It enables decentralized solutions to run independently, making it useful in various industries. Partnerships with other companies highlight its potential for broader adoption.
Key Events in Emercoin's Development
Emercoin has formed partnerships with various companies to boost adoption and improve its technology. Continuous updates have enhanced its blockchain's security and scalability, while its active presence in the market is supported by a current supply of over 48 million coins.
Emercoin's focus on security, decentralization, and practical applications makes it a unique player in the cryptocurrency world.
Emercoin is unique for its combination of Proof-of-Work (PoW), Proof-of-Stake (PoS), and Auxiliary-Proof-of-Work (AuxPoW), allowing for enhanced network security and energy efficiency. It also offers decentralized services like DNS and secure data storage, expanding its use beyond typical financial transactions.
The founders of Emercoin include Oleg Khovayko, a financial expert and blockchain technology developer. The team has focused on creating a secure, decentralized platform since its launch.
