EtherGem Stocks, USD price, market cap
24 hour USD price graph
7 day USD price graph
Last month USD price graph
Lasts 3 months USD price graph
EtherGem (EGEM) is a cryptocurrency and blockchain platform that is designed to be a secure, scalable, and low-cost alternative to Ethereum. It was created in 2018 by the EtherGem Foundation, a non-profit organization based in Singapore. The platform is powered by its native token, EGEM, and is designed to provide a secure, decentralized, and low-cost platform for developers to create and deploy dApps and smart contracts.
EtherGem is based on the Ethereum codebase and is designed to be a more secure and cost-effective alternative to Ethereum. It utilizes a proof-of-work consensus algorithm called Dagger-Hashimoto and a mining algorithm called Ethash, which is designed to be ASIC-resistant. The platform also utilizes a new consensus mechanism called Proof-of-Stake-Time (PoST) which is designed to provide a more secure and energy-efficient platform for developers to create and deploy dApps and smart contracts.
The platform also features a decentralized governance system which allows users to vote on changes to the platform. This system is designed to ensure that the platform remains decentralized and secure.
The platform also features a number of other features such as advanced privacy and security features, a decentralized exchange, and a decentralized storage system.
EtherGem is designed to be an open-source platform with a focus on scalability, security, and cost-effectiveness. It is designed to be a platform that is accessible to developers of all skill levels and is easy to use. The platform is also designed to be future-proof, allowing developers to create projects that can scale and remain secure over time.
The EtherGem Foundation is actively developing the platform and is working to increase the adoption of the platform by developers. The foundation is also working to increase the network’s security and scalability.
Overall, EtherGem is an exciting new blockchain platform that is designed to provide a secure, scalable, and low-cost alternative to Ethereum. It is designed to be an accessible platform for developers of all skill levels and is easy to use. The platform is also designed to be future-proof, allowing developers to create projects that can scale and remain secure over time. The platform is actively being developed by the EtherGem Foundation and is working to increase the adoption of the platform by developers.