Another Look at Emercoin Blockchain as It Rides Higher on Microsoft Azure Release

By July 3, 2016Bitcoin Business

Emercoin recorded a surge in its 24 hour trade volume , after the Emercoin Blockchain Engine was released on Microsoft’s Azure platform.

Working with the Azure platform enables it to be deployed using CentOS or Ubuntu in the cloud.

A news release from Emercoin says: “With this release, any user can deploy the completely ready to use Emercoin Blockchain Engine , including EMCSSH as a service as well as a web-wallet with their Microsoft Azure subscription. No additional settings or installations are required by design, providing a full “turn-key” solution, ready to use. This solution can be used as a structural foundation and blockchain subsystem for more complex systems, as well an independent online wallet with web access.” Although Microsoft Azure has been working or seeking to work with companies focused on crypto-technology and blockchain-related solutions since its inception in November 2015, Emercoin joined the program in January 2016 to become one of the first partners and blockchain-Implementing service providers.

This comes after the Emercoin development team decided to combine the production of both Bitcoin and Emercoin with a vision to significantly increase the trust and reliability of the Emercoin network last month. The Emercoin team believe merged mining will signal an increase in network difficulty by 500 times or more for the Emercoin blockchain. Emercoin over Ethereum in the long term

Emercoin and Ethereum appeared around the same time.

In stating the difference in approach to the blockchain taken by both digital currencies, Oleg Khovayko , one of the cofounders of Emercoin, explains: “To summarize Ethereum – maximum innovation, but a lot of critical pieces left untested. Emercoin takes a more conservative approach – maximum security. Our long term goal is a proven, tested operation without the shadow of failures or errors. With Ethereum, it is possible to incorporate many flexible/complex functions […]

Leave a Reply

All Today's Crypto News In One Place