SOLUTIONS  >   ABOUT EMERCOIN

Specifications

Emercoin (EMC) - Cryptocurrency with proof-of-stake (POS) + proof-of-work (POW) mining.

  • Total coins: 1 * 10^9 EMC.

  • POW Algorithm: SHA-256.

  • Block speed: variable from 10 seconds to 10 minutes, varies on blocks found and difficulty.

  • POW block reward: 5020 EMC, decreasing depending on difficulty.

  • POW difficulty is recalculated each block.

  • POS reward: 6% annual with 30 day coin maturity.

  • Confirmations for new block: 32

Focused mostly on production of coins by POS as POW difficulty will gradually increase.

Energy-conservative POS mining algorithm is at the core of EMC.

Secure currency

Emercoin combines POS + POW algorithms to process transactions on its blockchain, with an emphasis on POS.

  • For a successful attack on the network, the attacker must accumulate 51% of the computing power, and 51% of M1 aggregate (total coin supply). This task is much more difficult than just to accumulate 51% of the network's computational capacity. 

  • The POS mechanism does not require huge computing power to process transactions on the network. This means that greater network security is achieved without a large investment in mining hardware, and makes Emercoin cheaper to maintain and more environmentally friendly than alternatives which rely solely on POW. 

  • The POS concept employed by Emercoin does not allow delegation of stake to mining pools or to other persons. This helps to preclude the possibility of abuse of trust by a centralised party and further increases the reliability and stability of the network.

Implementation of RFC5389 (STUN) protocol:

  • To discover its external IP-address, the client does not use only one server owned by a private company (as do all other Bitcoin derivatives). Instead, Emercoin uses a standard mechanism based on the proven and mature specification RFC5389 (STUN) which uses 263 geographically distributed redundant servers. This makes simultaneous service denial virtually impossible and reduces the possibility that a third party can easily collect all user IP-addresses.

We believe that Emercoin's unique innovations and mix of applications makes it attractive for broad practical use. We recommend you consider Emercoin as the payment system for your projects.

- Emercoin International Development Group. ( team@emercoin.com )

  Emercoin
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