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What is the Deutsche eMark?
The Deutsche eMark (DEM) is a decentralized cryptocurrency that has been established since 2013. Like Bitcoin, it is based on the blockchain technology and new blocks are generated through mining technology. Participants of the network can generate staking rewards by holding DEM coins on the Core Wallet and unlock these coins to other network participants to validate transactions. The interest rate for "proof of stake (POS)" staking rewards is 3.8% per year.
FAST AND ANONYMOUS
The transactions are carried out within seconds, geographical distances are irrelevant. A separate and anonymous account number can be generated for each transaction, which does not allow any conclusions to be drawn about the owner. You can also print out and lock away your eMark on a paperwallet.
Blockchain technology guarantees decentralized protection of all transactions and credit balances. Central servers, which are susceptible to failures and manipulations, are not required. Your eMark balance is stored much more securely than money in classic online banking. The program code is also open source, which guarantees maximum transparency.
- SHA256D, Proof of Work + Proof of Stake
- Total Supply 210 millions PoW-Coins
- Staking 3.8% p.a. / Payout every 30 days
- Block Reward 25 DEM
- Block Time (PoW) 2 Minutes
- Purpose of each transaction
(maximum 140 characters, is publicly visible)