Emercoin

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).

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

On January 4th 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.

Features

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

At end of 2015 year are implemented:

  • Name-Value Storage (NVS) in the blockchain are base for:
    • Decentralized DNS support (EMCDNS) — Uncensored domain name system, peering with OpenNIC;
    • 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 torrent 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.

Domain zones EMCDNS

  • .bazar
  • .coin
  • .emc
  • .lib

Usage

EMCDNS supported on several Tor exit nodes.

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

EMCSSL implemented in the CMS Drupal

Emercoins may be "mined" in the project Folding@Home.

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")

See also

  • Alternative DNS
  • Namecoin

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