Emercoin - Definition from the Hotspot Shield Encyclopedia
Emercoin is a cryptocurrency that has similar functions to Namecoin.
The currency was released in 2013 and miners were only given a small amount of notice beforehand to organize mining operation.
The Emercoin cryptocurrency uses a proof of work mining system, and a proof of stake minting process, it also uses the SHA-256 hash algorithm for security and encryption. The currency aims to provide a whole range of Blockchain related services that are not just limited to currency transactions these include storage, media downloading, SSL certificate distribution and electronic business card storage. Emercoin (Or EMC) is considered to be one of the top cryptocurrencies available and its innovation and different products have been highly praised.