
Emerch blockchain platform with its own cryptocurrency Emercoin will reduce transaction fees and create records in the blockchain 100 times. The functional value of the EMC coin will increase a hundredfold.
Currently, the Emergency network has a fixed transaction fee of 0.01 EMC. At the current rate of Emercoin, this is $ 0.01 or about 60 kopecks.
After the reduction, the transaction fee will drop to $ 0.0001, or to 0.6 kopecks (0.0001 EMC), and the cost of creating arbitrary entries in the Emergency blockchain will be 0.0005 EMC instead of the previous 0.05 EMC
Blockcoin Emercoin is the base for many services, including data storage. A number of projects began testing systems that regularly record in the Emer blokchain. Reducing the commission on transactions and recordings allows for a multiple reduction in costs for projects interested in deploying large-scale infrastructure on the blockchain. For example, the creation of digital certificates through the EmerDPO system, confirming the authenticity of a particular item, product or service.
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To start working with Emercoin,
choose a wallet for your OS (Windows, Linux or Mac), also available
TestNet Emercoin `a coin which is free and available to anyone.
How will this be done technically?According to the general rules typical for cryptocurrency:
- A new Emercoin customer will be offered with a lower commission.
- When reaching 95% of the consensus of network participants (950 blocks out of the last 1000), the network will switch to the new rules.