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Overview of Emercoin
Emercoin objective is to create this decentralized network that allows people to get paid immediately irrespective of their geographical location.
Uniquely, Emercoin is a knitted up platform whose source code has bits of Bitcoin, Peer Coin and Name coin code but with some features as Emercoin’s Name Value Storage (NVS). The network has its own native coin, EMC, which perform a variety of services and to buy Emercoin one must have compatible wallet software
Emercoin is amongst the first digital networks to adopt a 2-in1 hybrid mining-Proof-of-Work and Proof-of-State as the consensus algorithm for transaction processing. Emercoin can either be bought using fiat funds or mined. Buying is simple as one only need money, an internet connection and wallet and for mining using PoS there is guaranteed profit while PoW there’s benefit from Bitcoin due to the merged mining.
Emercoin has an aggregated supply of 43 million EMC and a circulating supply of 42 million EMC.