Emercoin, the blockchain application platform announced it has partnered with Hashing24.com, a service that provides a cloud infrastructure for efficient Bitcoin mining.
The Hashing24 system will utilize Emercoin’s EmerSSL protocols to protect users accounts and allow users to participate in Emercoin token (EMC) cloud mining.
Since 2012, Hashing24.com has been actively participating in Bitcoin mining business. It uses European datacenters of BitFury and ensures high energy and cost efficiency of mining.
What is EmerSSL?
EmerSSL is a system for passwordless user authentication and identification. Client SSL-certificates are stored on the blockchain in the form of hash sums. With the help of the system, users independently generate private keys on their local machines.
There is no trusted authority, and it allows to provide a higher level of security as compared to similar centralized solutions that are vulnerable to massive compromise of user accounts.
EmerSSL allows using a single client SSL-certificate for authentication on many servers. To use an online server a user needs one certificate, which simplifies the support of a large number of accounts and eliminates the need to remember tens or even hundreds of passwords. The system also neutralizes “Man in the Middle” attack as a server checks the user’s certificate in Emercoin blockchain and gets confirmation of its authenticity.
Benefits for clients of Hashing24.com
Clients of Hashing24.com service, in addition to the identification method with an email address and password, will also be able to use an innovative system built on Emercoin blockchain.
With EmerSSL users can:
- Forget about remembering and using passwords
- Use one SSL certificate for multiple services
- Protect account from hacking
- Prevent theft of personal data
- Participate in cloud mining of EMC