| Emercoin | |
|---|---|
 | |
| Denominations | |
| Symbol | EMC |
| Demographics | |
| Date of introduction | 7 December 2013 |
| User(s) | Worldwide |
| Valuation | |
| Total production | 1*10^9 EMC |
| Method | POW + POS |
Emercoin (Symbol: EMC) is a cryptocurrency that is in some ways similar to Namecoin andPeercoin. It was launched in December 2013 and announced three days before launch in order to notify miners in advance.
Emercoin employs both proof-of-work (POW) mining and proof-of-stake (POS) minting and usesSHA-256 hashes.
Emercoin is blockchain platform for wide range of distributed trusted services. Distinctive features - high reliability, robustness and 3-in-one hybrid mining (PoW+MergedMining+PoS). Currently, Emercoin platform already runs network security services EmerSSL/EmerSSH, decentralized domain system EmerDNS, counterfit solution EmerDPO, VOIP solution ENUMER and bundle of other services.
Features
Developers propose Emercoin as a foundation for multiple possible services, rather than simply a currency:
As of 2016 year the following services are implemented:
- EMCDNS — Decentralized, uncensored domain name system, peering with OpenNIC (currently supporting the .bazar, .coin, .emc and .libTLDs)
- Infrastructure for SSL certificates (EMCSSL) — The blockchain is used as a decentralized trust store of hash sums for client SSL-certificates
- Public Key Infrastructure (EMCSSH) — bridge between OpenSSH and the EMC blockchain, allowing for secure, decentralized management of PKI
- InfoCard — Storage for electronic business cards for use with EMCSSL
- EMCTTS — Trusted storage for digital timestamps on the blockchain
- EMCSTREAM — Micropayment library for streaming media
- Magnet — Distributed BitTorrent tracker for internet file sharing
- EmerBoard — Distributed trusted BBS
- EMCDPO — A decentralized solution for Proof of Ownership
- Advertising Link Exchanger on Emercoin (EMCLNX) — a peer-to-peer text-advertisement network based on a per-click payment model. Uses NVS as distributed storage for advertising contracts and EmerCoin credits (EMc) as the payment unit
Usage
- EMCDNS is supported on several Tor exit nodes.
- OpenNIC DNS servers resolve Emercoin domains.
- EMCSSL is implemented in the Drupal content management system.
- EMCSSH is deploied in the Hashcoins company
- The farmer Mikhail Shlyapnikov uses Emercoin blockchain in the own business.
- January 20, 2017: The plugin "Frigate" for the browsers now support EMCDNS zones.
History
- December 11, 2013: first public release
- February 11, 2014: Folding@Home sponsorship project is started
- November 4, 2014: Name-Value Storage (NVS) is added; EMSDNS is built on top of NVS
- December 10, 2014: subdomains in the EMCDNS are now allowed
- November 30, 2015: Emercoin is attaсked, creating a fork of the blockchain
- December 1, 2015: the vulnerability of PPCoin protocol is fixed
- January 1, 2016: potential vulnerability is fixed
- January 4, 2016: Emercoin partners with Microsoft for BaaS (Microsoft Azure "Blockchain as a Service")
- June 29, 2016: Emercoin and Microsoft Azure released the Emercoin Blockchain Engine in the Azure Marketplace.
- August 15, 2016: Emercoin wallet 0.5.0 is released. This is first blockchain wallet with PoS, based on the bitcoin core 0.10.2.
- September 28, 2016: United Nations Development Programme will use Emercoin in the vehicles fleet management.
- October 6, 2016: Emercoin wallet 0.5.1 (bugfix) is released.
- December 22, 2016: Emercoin wallet 0.5.2 is released. Based on the bitcoin core 0.10.4, the interface displays UTF-8 in the NVS fields,ENUM support.
- December 29, 2016: Emercoin wallet 0.5.2.1 (bugfix) is released.
- January 23, 2017 Emercoin placed on 9 position in the rating 2016 year of the cryptocurrencies in the Benchmark.pl, top of the Bitcoin (10 position).
- February 13, 2017: Emercoin cryptocurrency wallet 0.6.0 is released. Merged mining with the Bitcoin is implemented.
- November 26, 2017: Emercoin is placed on 139 position in the coinmarketcap-rating 2017
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