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Hybrid of NameCoin and PPCoin. More focused on the production of coins by PoS than PoW. Mining has a bonus on the interval 1-512 difficulty for high initial issue of coins. Further difficulty will gradually increase, making PoS mining more promising.
Emercoin offers a 6% annual POS reward with 30 day coin maturity.
Coin added by @chopcoin Team
Genesis Date: 2013-08-12
- Secure shell management system needed by every site admin.
- System for passwordless authentication on the world wide web.
- Storage for electronic business cards for use with EMCSSL.
- Uncensored domain name system, peering with OpenNIC.
- Trusted storage for digital timestamps on the blockchain.
- Distributed torrent tracker for internet file sharing.
- Decentralized pay-per-click advertising network.
- Digital proof of ownership solution for physical or digital goods and services.