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EtherGem (EGEM) is a decentralized, minable cryptocurrency that prides itself on stability and purity with no pre-mine or Initial Coin Offering (ICO). It operates on its own primary blockchain using Proof of Work (PoW) consensus, fostering a robust and decentralized mining community. Key technologies like peernet and per block endowment support its blockchain infrastructure. The total supply is set at 38,192,180 EGEM, although none are currently in circulation. Over the past 24 hours, it was actively traded across five markets with a volume of $314.18, and a current price of $0.00066828 USD, reflecting a 3.87% decrease. More detailed information can be found at https://egem.io.
EtherGem (EGEM) is a decentralized, minable cryptocurrency that prides itself on stability and purity with no pre-mine or Initial Coin Offering (ICO). It operates on its own primary blockchain using Proof of Work (PoW) consensus, fostering a robust and decentralized mining community. Key technologies like peernet and per block endowment support its blockchain infrastructure. The total supply is set at 38,192,180 EGEM, although none are currently in circulation. Over the past 24 hours, it was actively traded across five markets with a volume of $314.18, and a current price of $0.00066828 USD, reflecting a 3.87% decrease. More detailed information can be found at https://egem.io.
EtherGem (EGEM) is a decentralized, minable cryptocurrency that operates without a pre-mine or Initial Coin Offering (ICO), emphasizing its commitment to fairness and decentralization. It runs on its own primary blockchain using Proof of Work (PoW) consensus, which supports a strong mining community. Unique technologies such as peernet and per block endowment further enhance its blockchain framework, ensuring stability and sustained innovation.
EtherGem employs Proof of Work (PoW) mining, which allows for a decentralized and secure network. The benefits of mining EGEM include supporting the network's integrity, contributing to transaction verification and security, and potentially earning rewards through block mining. This commitment to PoW ensures broad participation across the mining community and emphasizes EGEM's dedication to maintaining core blockchain principles.
EtherGem (EGEM) does not conduct ICOs to ensure a fair distribution of its currency and a decentralized network. By avoiding ICOs, EGEM reinforces its dedication to a truly equitable launch without giving preferential treatment to early investors, aligning with its mission to maintain transparency and trustworthiness within its ecosystem.
EtherGem differentiates itself by its commitment to a pure Proof of Work (PoW) mining process and its approach of launching without a pre-mine or ICO. This sets EGEM apart as it guarantees a level playing field for miners from the onset, unlike many others that may have pre-mined tokens or conducted ICOs, altering the distribution and potentially impacting decentralization.
Peernet, utilized by EtherGem, facilitates the decentralized nature of its blockchain by enhancing peer-to-peer transaction efficiency and security. This technology supports the network in maintaining its stability and robustness by decentralizing data exchange and verifying transactions, contributing to the overall resilience and integrity of the EGEM blockchain.
Common issues with EtherGem may include wallet synchronization problems or connectivity issues due to network changes. To resolve these, users should ensure they are using the latest version of the wallet software and check official forums or community support for updates and troubleshooting guidance. Staying informed of network upgrades or changes is crucial for seamless operation within the EGEM ecosystem.
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