The official Deutsche eMark Community.
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 50 DEM
- Block Time 1 Minute
- Purpose of each transaction
(maximum 140 characters, is publicly visible)
A wallet is the software required to transfer eMark. The first would be the original software client "eMark-qt". It loads the complete blockchain (cash book) onto your computer and has all the functionalities of the eMark, including interest generation. The disadvantage is the high memory consumption, which already amounts to 700 MB at the beginning of 2016, since all transactions carried out, including the purpose of use, are stored forever in the block chain.
Users of the eMark-qt Wallet support the eMark network. The second type of existing wallet works without downloading the blockchain. They download only the information necessary for the transaction. Smartphone wallets are the best example.
Paperwallets can also only receive eMark. The disadvantage is that smartphone wallets and paper wallets cannot be used to generate interest.
Manage your eMark anytime and anywhere with your cell phone. The security of your eMark comes first. All DEM and its keys are kept on your device. The private keys are never sent to any servers or third parties. Hardware encryption even makes it possible to recover your eMark even if you lose your smartphone. The eMark wallet connects directly to the eMark network and does not rely on any external servers. No one can tap your data or shut down the wallet.
- No third party registration required -
- No blockchain download -
- Security through fingerprint -
- Time saving by QR codes -
- Display in DEM or fiat currencies -
- No server that can be hacked or fails -
- Easy recovery from another smartphone wallet -
- The wallet is easily secured with a word chain -
- The private keys never leave the wallet -