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
— 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.