Einstenium (EMC2) is also a little-known cryptocurrency whose main goal is to raise funds to fund leading scientific research aimed at improving our future.

• Development and release of a web wallet that will allow you to safely store tokens online.
• Creating a mobile version of the wallet for the EMC2 cryptocurrency.
• Development of the simplest and most understandable API user interface for connecting to the network.
• Creation of a platform for financing research and development work, advanced IT projects, as well as startups from the crypto world. This platform will embody the concept of the Einsteinium team.
• Development and launch of a new platform for social networks. This application will allow you to exchange messages and easily send gifts (drinks, flowers, kisses, hearts) to your friends and acquaintances with EMC2 tokens attached to them.
• Release of the “SUPER WALLET” wallet, which will allow users to buy cryptocurrency directly inside the wallet using a credit card.
• Launch of the “ZERO RISK” insurance system - zero risk. Margin trading is known to increase investors' potential profits while increasing risk. The “ZERO RISK” system from the Einstenium team will allow you to minimize risk by insuring deposits for a small insurance premium.
• Implementation of the opportunity to buy and sell goods and services in the international online supermarket Magento.
• Release of the Einsteinium SDK development kit, which will allow a simple way to integrate EMC2 tokens into users’ businesses by opening an Internet account in the company’s web wallet.
• Creation of a fully functional Einsteinium debit card that will help users make purchases and pay for services using the EMC2 cryptocurrency.
• Organization and holding of the annual event ElNSTENIUM AWARDS, sponsored by the Einsteinium Foundation. The best researchers and students in the field of science and technology will receive a well-deserved trophy for their work from the Einstenium team.

To all of the above, we would also like to add that every month, research and educational programs from all over the world are nominated by EMC2 users for grants. After which the Einsteinium community votes for them on the Internet on the company’s website.

As a result, funding can be received by a scientific project that expands human knowledge in any area and helps build a better and safer future.

The launch of the EMC2 cryptocurrency in 2014 allowed the Einsteinium Foundation to support innovative scientific projects around the world. The main advantage of the Einsteinium cryptocurrency is its security, as it cannot be counterfeited.

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"Foundation" Einsteinium was created to somehow help him attract funding for cutting-edge scientific research. To this end, we have created a new cryptocurrency, Einsteinium, to raise funds that can be distributed to projects chosen by the community. Combined with donations from the community at large, we help fund some of the most innovative projects that are currently under threat, or help seeds waiting to be started"

Einsteinium is a Canadian project registered on April 7, 2017 in Montreal. Its defining characteristic is its purported charitable mission.

The Einsteinium coin was created together with the Einsteinium Foundation. The purpose of creating the project is to finance scientific research, advanced IT projects and cryptographic projects.

To reach a wider audience, Einsteinium is freely traded on exchanges and used to purchase goods and services. Einsteinium should be accessible to the largest possible audience, so more people will begin to invest in scientific projects.

The Einsteinium Foundation has officially become the first non-profit organization that specializes in conducting scientific research in the world of cryptocurrency.

The Einsteinium Foundation hopes to obtain grants and build long-term relationships with other NGOs around the world to support future basic science projects of all kinds.

Peculiarities

The Einsteinium cryptocurrency is represented by the symbol EMC2. The system automatically donates 2% of each block pledged to the Donation Fund.

Einsteinium mining is divided into Epochs: each Epoch mines 36,000 blocks of coins and lasts for 25 days. Every 25 days, a new scientific project is selected for investment.

Similar to Bitcoin, Einsteinium is a distributed peer-to-peer digital currency issued without any premium. EMC2 is implementing a major new feature called Wormhole Mechanics to reward miners.

Each Wormhole event occurs randomly during each epoch and lasts 180 blocks with a reward of 2970 EMC2 per block.

Einsteinium coin uses the POW scrypt algorithm, and has a total of 299 million coins. 2.5% of each block goes to the Einsteinium Foundation, 2% goes to scientific projects, and 5% goes to marketing, rewards for miners, and faucets.

Conclusion

This cryptocurrency has very good prospects if more users join it. Today there is a stable and systematic growth of the currency. Whatever the path, Einstein certainly has an interesting future ahead of him.

Einsteinium, or EMC2, is an electronic alternative cryptocurrency created in March 2014. It is one of the charity platforms that is focused on raising money to finance socially useful projects. The native symbol is EMC2. Not recognized in all countries. In some states it is prohibited.

History of EMC2

The purpose of creating the EMC2 cryptocurrency is to increase funding for innovative scientific research that is aimed at improving the future of all humanity. Unlike cryptocurrency, the fund of the same name has a longer history. It was the founders of the fund who initiated the creation of their own coin.

Already at the end of March 2014, the first payment was made, which in dollar equivalent was approximately 1 thousand dollars. This is equal to 526.3 thousand coins EMC2.

The benefits of Einsteinium include:

• A noble mission aimed at the development of science;
• Mining opportunities;
• Possibility of payment for goods and services;
• Fast money transfers.

How does Einsteinirm work?

The unit of time in the Einsteinium cryptocurrency accepted for mining is called an epoch. Its duration is 25 days. During this time, it is possible to mine 36 thousand blocks. From each block mined, 2.5% of the amount is transferred to the fund, 2% to finance scientific development, and 5% goes to marketing events and charitable purposes. These funds are used to generate grants to finance scientific projects. The selection of innovative scientific work for a grant is made at the end of each era.

The cryptocurrency operates in accordance with the Scrypt Proof-Of-Work algorithm. Like Bitcoin, EMC2 is a distributed digital currency with no premine. To interest miners in the long process of mining cryptocoins, 180 blocks are distributed in each era. Finding each block means a reward of 2970 EMC2 (Einsteinium) coins for the miner. This technology is called a “wormhole”.

How to buy cryptocurrency

To operate with cryptocurrency, you will need an Einsteinium wallet. The principle is the same as in Bitcoin wallets:

After this, you can begin operations with cryptocurrency.

Sources for purchasing EMC2 are:

• Exchanges (LiveCoin, Poloniex and others);
• Mining pools.

Mining methods

There are 2 ways to mine Einsteinium: using ASICs or video cards. The payback of both options can be approximately calculated using a special online calculator. Of course, the calculation will be approximate, since the cost of cryptocurrency is constantly changing and the number of miners is increasing. Even with significant and stable growth in cryptocurrencies, the actual profit is less than expected, since you have to share the income with newcomers.

The advantages of video cards include:

• Availability. They are always on sale;
• Liquidity. If necessary, a video card can always be implemented. It will be in demand for at least 2-3 years;
• Availability of a warranty period (from 1 to 3 years), when the video card can be repaired or replaced with a new one for free;
• The ability to use a video card farm at home. The noise is low, the equipment heats up moderately;
• Possibility of mining different cryptocurrencies due to the video card supporting different algorithms.

The farm also has its drawbacks: a longer payback period compared to ASIC. The farm takes up too much space. In addition, putting the system together requires skill. Otherwise, burning the video card or processor is as easy as shelling pears.

Advantages of ASIC:

Disadvantages of ASIC:

• High price;
• High probability of manufacturing defects, low maintainability;
• Loud noise, generation of large amounts of heat. The best option is to place the miner in a separate room. If there is none, then you will have to pay rent;
• Support for 1-2 algorithms, no more. If one supported algorithm becomes unpopular, the device will simply be useless.

200% growth is not the limit

The dynamics of the cryptocurrency exchange rate are also of significant interest. From March 2014 to May 2017, the exchange rate of Einsteinium against the dollar fluctuated between 0.01 and 0.07. Since May 2017, the EMC2 news has featured a cryptocurrency event: the rapid growth of the EMC2 exchange rate to Bitcoin and the dollar. The growth percentage over the entire history of the cryptocurrency’s existence was 21 thousand percent.

Einsteinirm rate chart and prospects

Now let's talk about whether EMC2 will grow. Today, cryptocurrency trading takes place on the Poloniex and Bittrex exchanges. The total capitalization is approximately $50 million. At the same time, the developers continue to work on improving the project. Einsteinium expects such updates in the near future;

We can expect that interest in EMC2 will increase even more in the near future, and so will the Einsteinium course. The forecasts are the most optimistic. And this will serve as an additional impetus for development. It is possible that this particular cryptocurrency will form the basis of the scientific research investment system. Thus, projects that can expand people’s knowledge in a particular area, as well as improve the quality and safety of their lives will be financed, that is, projects of the future are financed with innovative currency, which is predicted to have a completely stable future.

The Einsteinium system is progressive virtual money that can bring real benefits. Despite the fact that this cryptocurrency cannot be called too famous, it ranks 70th in terms of capitalization. According to experts, Einsteinium has prospects, so you can make money on it.

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Einsteinium is a blockchain project created in the spring of 2014, whose main mission is to raise funding for scientific research. The project helps to raise funds (crowdfunding) for scientific and advanced IT projects, and the community itself chooses which projects are worthy of funding and in what amount.

The Einsteinium Foundation positions itself as a non-profit and non-profit organization created with a charitable purpose aimed at the development of scientific research.

Peculiarities

1. Crowdfunding. The EMC2 coin was created for the purpose of fundraising: every 2% of confirmed blocks goes to charity.
2. Proof-of-Work protocol. EMC2 is based on the BTC source code, without the possibility of pre-mining. Block confirmation time ~60 sec.
3. Noble idea. The project can attract investment for very interesting projects that do not have the funds to advance research.

Our opinion

The project has existed in the crypto community for quite a long time, but investors began to notice it only recently. The stunning growth we are seeing today may be just the beginning.

Among the shortcomings, we can mention the lack of transparency: the website does not show which projects have already been funded, and we also do not hear positive feedback from the scientific community.

Einsteinium is a Canadian project registered on April 7, 2017 in Montreal. Its defining characteristic is its purported charitable mission. The Einsteinium coin was created together with the Einsteinium Foundation. The purpose of creating the project is to finance scientific research, advanced IT projects and cryptographic projects. Community members vote for themselves which projects are worthy of funding and how much.

“Scientific research is a long-term investment in our future and the future of our planet,” say the founders of the fund.

To reach a wider audience, Einsteinium is freely traded on exchanges and used to purchase goods and services. Einsteinium should be accessible to the largest possible audience, so more people will begin to invest in scientific projects.

The Einsteinium Foundation has officially become the first non-profit organization that specializes in conducting scientific research in the world of cryptocurrency. The Einsteinium Foundation hopes to obtain grants and build long-term relationships with other NGOs around the world to support future basic science projects of all kinds.

The Einsteinium cryptocurrency is represented by the symbol EMC2. The system automatically donates 2% of each block pledged to the Donation Fund.

Einsteinium mining is divided into Epochs: each Epoch mines 36,000 blocks of coins and lasts for 25 days. Every 25 days, a new scientific project is selected for investment.

Einsteinium coin uses the POW scrypt algorithm, and has a total of 299 million coins. 2.5% of each block goes to the Einsteinium Foundation, 2% goes to scientific projects, and 5% goes to marketing, rewards for miners, faucets.

The price of the coin can be viewed on any exchange that trades EMC2; currency exchange rate fluctuations can be studied using a candlestick chart.

This cryptocurrency has very good prospects if more users join it. Today there is a stable and systematic growth of the currency.

Advantages

• The good mission of the project, focus on the future and development;
• Einsteinium cryptocurrency mining is available;
• Possibility of purchasing goods and services;
• Instant money transfers.