What is EtherGem?

"EGEM is the stable pure no pre mine coin with applied technologies peernet and per block endowment (Founders Reward).

What does that really mean, though?

EtherGem, "EGEM," is a pure community-based coin with no pre mine. True to its roots as a cryptocurrency, the Proof of Work mining community will always be a part of the EGEM future and is the foundation of the EGEM launch. There is no ICO on EGEM and EGEM is its own primary blockchain, not just a token or concept on another chain.

The EtherGem blockchain is an ethereum network, meaning it starts with the tested and proven ethereum (as in ETH) core technologies and builds from there. Technically EGEM is a Ethereum chain as described in the yellow paper, with EIP150, EIP155, EIP158 applied from block 0. Block Rewards have 7 Eras of reduction, including a founders reward enabled after block 5000."

-Egem.Io
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General

TICKER SYMBOLS
EGEM
AGE
last year (March 20, 2018)
CURRENT PRICE
$0.010698
Updated 6 minutes ago via egem.io
CHEDDUR ALL TIME HIGH
$1.92
9 months ago
CIRCULATING SUPPLY
22,038,268 coins
Updated 4 minutes ago via egem.io
MARKET CAP
$235,753
Updated 5 minutes ago

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Built-in Inflation
PRE-MINED / RESERVED
No
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
13s
CURRENT BLOCK REWARD
9 coins
HASHING ALGORITHM
Dagger
DIFFICULTY ADJUSTMENT
Every block (~13 seconds)