In Satoshi’s Footsteps: the Emercoin developers have announced the complete decentralization of their blockchain

The developers of the digital cryptocurrency Emercoin have announced that in the version released on April 26th, an embedded cryptocurrency exchanger has been added and the final remnants of centralization have ceased operation. These were the centralized alerts and compulsory dynamic check-points, passed on to Emercoin as an inheritance from Peercoin. The code was used during the initial development of the Emercoin blockchain.

In Version 6.2 Emercoin users have the opportunity to choose: to keep alerts turned on; to create a public key independently for a third party, who they trust; or to switch off alerts as a matter of principle.

In the same way it’s now possible to manage settings for the dynamic check-points. This subsystem, designed to protect the network from some attacks specific to PoS, was also inherited by Emercoin from Peercoin. Now they continue to fulfill the same function, however as the PoW difficulty of the Emercoin network has reached half that of the difficulty of the Bitcoin network, their role is significantly reduced. Therefore users can now decline “the developers’ inescapable check-points”, and use a check-point source that they personally trust, or switch them off altogether.

We have crossed the Rubicon, getting rid of the last instruments which affect the health of the Emercoin network. Whether this was the right step or a mistake — only time will tell. We are guided by the ideals and principles which Satoshi impressed on us and which we share. We are in favor of decentralization.
— Evgenii Shumilov, founder and CEO of Emercoin

Also in Emercoin 6.2, there is now an exchanger for basic cryptocurrencies embedded in the wallet. Now you can make transfers directly from your wallet Bitcoin, Litecoin, Ethereum, Dash, Monero, Namecoin, Peercoin, and Blackcoin addresses. The exchange is carried out through the online-exchanger CoinReform. If there turns out to be a high demand for this option, then the developers will expand both the number of currencies available for exchange, and the list of exchangers.


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Ivan Kuznetsov — PR Manager