{"id":3382,"date":"2016-10-27T12:26:26","date_gmt":"2016-10-27T09:26:26","guid":{"rendered":"https:\/\/forklog.media\/?p=3382"},"modified":"2018-09-08T19:26:57","modified_gmt":"2018-09-08T16:26:57","slug":"hashcoins-cto-about-corporate-use-of-emercoin-services","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/hashcoins-cto-about-corporate-use-of-emercoin-services\/","title":{"rendered":"HashCoins CTO About Corporate Use of EmerCoin Services"},"content":{"rendered":"<p>The EmerCoin team has repeatedly stated that the project puts its stake mostly in implementing its services in real businesses rather than in developing a cryptocurrency. A brief look at EMC price chart shows that the speculation factor has little effect on it, and most price surges can be associated with news on the project&#8217;s development, like the one on cooperation between EmerCoin and Microsoft.<!--more--><\/p>\n<p><a href=\"http:\/\/forklog.media\/wp-content\/uploads\/2016\/10\/screenshot-coinmarketcap.com-2016-10-27-00-25-14.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3383 size-full\" src=\"http:\/\/forklog.media\/wp-content\/uploads\/2016\/10\/screenshot-coinmarketcap.com-2016-10-27-00-25-14.png\" alt=\"screenshot-coinmarketcap-com-2016-10-27-00-25-14\" width=\"1107\" height=\"583\" srcset=\"https:\/\/forklog.com\/en\/wp-content\/uploads\/2016\/10\/screenshot-coinmarketcap.com-2016-10-27-00-25-14.png 1107w, https:\/\/forklog.com\/en\/wp-content\/uploads\/2016\/10\/screenshot-coinmarketcap.com-2016-10-27-00-25-14-300x158.png 300w, https:\/\/forklog.com\/en\/wp-content\/uploads\/2016\/10\/screenshot-coinmarketcap.com-2016-10-27-00-25-14-768x404.png 768w, https:\/\/forklog.com\/en\/wp-content\/uploads\/2016\/10\/screenshot-coinmarketcap.com-2016-10-27-00-25-14-1024x539.png 1024w, https:\/\/forklog.com\/en\/wp-content\/uploads\/2016\/10\/screenshot-coinmarketcap.com-2016-10-27-00-25-14-470x248.png 470w\" sizes=\"auto, (max-width: 1107px) 100vw, 1107px\" \/><\/a><\/p>\n<p>ForkLog has already covered real-life application of EmerCoin services, like the <a href=\"http:\/\/forklog.media\/kolionovo-reports-on-the-first-effects-of-the-farms-blockchainization\/\" target=\"_blank\" rel=\"noopener\">Kolionovo<\/a> \u00e2\u20ac\u015binnovative farm\u00e2\u20ac\u0165 in Russia, or <a href=\"http:\/\/forklog.media\/russian-watches-manufacturer-and-national-post-service-to-use-blockchain-technology\/\" target=\"_blank\" rel=\"noopener\">Raketa<\/a> watch manufacturer, or the UN office in <a href=\"http:\/\/forklog.media\/national-cryptocurrency-could-be-on-agenda-in-moldova\/\" target=\"_blank\" rel=\"noopener\">Moldova<\/a>.<\/p>\n<p>Another example of EmerCoin&#8217;s further implementation is HashCoins, a mining company that had utilized <a href=\"http:\/\/forklog.media\/emercoin-releases-a-blockchain-solution-for-network-administration\/\" target=\"_blank\" rel=\"noopener\">EmcSSH<\/a>. ForkLog talked with the company&#8217;s CTO Nikolai Pavlovski to find out more about that.<\/p>\n<p><strong>FL: How did you start using EmerCoin services and how exactly did they help you?<\/strong><\/p>\n<p><strong>Nikolai Pavlovski:<\/strong> It all started in early 2015. Stanislav Polozov of EmerCoin called us and described the platform&#8217;s capabilities. Initially we thought it was yet another uninteresting fork, just one of millions. However, when we talked with the developers, we realized how serious and cool the thing was.<\/p>\n<p><strong>FL: When did it happen, and what was your company doing back then?<\/strong><\/p>\n<p><strong>N.P.:<\/strong> HashCoins started in 2013. In 2014, we started selling mining equipment, which was our main business line. Notably, the biggest problem was that the price of a single hardware unit was around $5000 &#8211; $6000, and not many people could simply afford it. In order to attract people with lower income, we created HashFlare, a service offering a capacity for less than $5. The idea was about selling capacity of the hardware instead of the hardware itself.<\/p>\n<p>The company expanded, the number of hardware items increased: now there were not just miners, but also database servers, backup servers, web servers, balancers, test servers, etc. In a word, there was a bunch of server equipment.<\/p>\n<p>That&#8217;s when we found out about EmerCoin. They told us about their technology, which had been available by then. It wasn&#8217;t just a theory, like, here, we&#8217;re going to do something, but indeed a ready solution. So we decided to test it. Having talked with Oleg Khovayko, EmerCoin CTO, we realized how it worked. We&#8217;ve made a control module using EmerCoin on golden nonce chip, which had been among the best back then.<\/p>\n<p>Not only we installed an EmerCoin wallet in a miner, we also employed SSH and SSL technologies, so one could enter the interface using EmerCoin certificate and run internal management with EmcSSH. So it was a 3-in-1 solution: miner worked solo [outside of a pool &#8211; ForkLog], one could connect it, and it had an EmerCoin wallet therein. It was pretty convenient.<\/p>\n<p>Nobody knew about EmerCoin back then. The difficulty was low, and mining was a bliss.<\/p>\n<p><strong>FL: Why you decided you needed this EmcSSH technology thing in the first place?<\/strong><\/p>\n<p><strong>N.P.:<\/strong> Let me explain. When there&#8217;s just one miner, there are no problems, you may use the classical method, i.e. make a few keys, put then in the right folder, and connect to the server.<br \/>\nHowever, when there are numerous miners, and there&#8217;s large operations staff involved, some miners may be located at user&#8217;s home, so there&#8217;s a problem of administering. We&#8217;ve got many employees that may access the hardware. Some may quit, or get ill, or go working somewhere else.<\/p>\n<p>So the problem of SSH access is quite frequent. EmerCoin solved this problem in a pretty elegant way. Generally, the solution is about linking a public key to a user and sending it to the blockchain. In crude terms, it happens like that: I open the wallet, make an entry that, say, SSH is Nicky Pavlovski, and his key is like that. When I access a different hardware unit, be it a miner or a server, I only provide my username instead of the key associated with the user.<\/p>\n<p>And then it&#8217;s like magic. When I wish to access a server, EmcSSH addresses the blockchain to find out which public keys may access the server. If I specified the key @Nicky, EmcSSH will extract all user keys from the blockchain to determine whether to let the user in. If everything is fine, and the blockchain does contain such a record, the user may enter.<\/p>\n<p><strong>FL: Does each employee require such a record?<\/strong><\/p>\n<p><strong>N.P.:<\/strong> Yes, each user publishes their public key via their Emercoin wallet. But as a company administrator, I may unite users in groups via blockchain. For instance, we make a HashCoins group that specifies the users that may access servers. At server side, I just have to specify the group, and then all its members may freely enter without having to enter a password.<\/p>\n<p>If somebody quits, say, a Pete, then myself, being the head admin, just update a blockchain record through the wallet and remove the Pete from the group.<\/p>\n<p>So, I have no need to enter each server and manually change everything. We had a situation that required Oleg Khovayko&#8217;s assistance. So I just added him to our group when needed, and removed him when the job was done. It&#8217;s a pretty convenient technology. Now we use EmcSSH wherever possible.<\/p>\n<p><strong>FL: Was it expensive?<\/strong><\/p>\n<p><strong>N.P.:<\/strong> I&#8217;d say it&#8217;s close to zero. All the expenses, in crude terms, are about installing an EmerCoin wallet. While a year ago you had to assemble a wallet for each architecture, which took nearly an hour, now it&#8217;s way more convenient and takes just a few minutes. An average admin at a small company could have installed it in ten minutes or so.<\/p>\n<p>As for your question, I might say that all the expenses are about getting a junky computer to run the wallet. Additionally, you have to pay for each action: in EmerCoin, entering each new piece of data costs some money. The more data I send, the more expensive the thing becomes. But even if you send the maximum amount of data, it would cost around five cents. It&#8217;s so cheap I don&#8217;t even give it a thought.<\/p>\n<p><strong>FL: Then why, in your opinion, only few companies use EmerCoin services?<\/strong><\/p>\n<p><strong>N.P.:<\/strong> Back when we started, it was complicated: we had to find out how it works, how to install it, and what&#8217;s it all about. Nowadays, everything&#8217;s different. First, there are papers, then, there are ready solution, and everything fairly simpler now. I&#8217;m sure the demand for the technology is gradually growing. Also, the entry threshold has lowered substantially.<br \/>\nRegular users may try it all themselves, without any help from EmerCoin. I think, that Emer services will only grow more popular.<\/p>\n<p><strong>FL: Are there any similar solutions?<\/strong><\/p>\n<p><strong>N.P.:<\/strong> I personally believe that currently nothing can compete with EmerCoin&#8217;s capabilities. They&#8217;re so much ahead of anything that people just, as it turns out, are not ready. Remarkably, when EmerCoin first spoke about a new technology, people just didn&#8217;t believe them because there had been lots of announcements that resulted in nothing. Many just tried having a big puff as an outcome.<br \/>\nEmerCoin, on the other hand, said, like, look, we&#8217;ve already got everything, and it works! And people just said it&#8217;s impossible. And yet, fortunately for us, there is indeed everything, and it does work.<\/p>\n<p>As for disadvantages, if you install an unstable version of the wallet, there&#8217;s a chance that emercoind would just crash, and requests in the blockchain just wouldn&#8217;t work then. As a head administrator I solve this problem easily by manually putting my ssh key in the config. However, among dozens of operational servers there had been only one failure in 18 months.<\/p>\n<p>Follow ForkLog on <span style=\"text-decoration: underline;\"><a href=\" https:\/\/twitter.com\/forklog_en\/\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a><\/span> and <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.facebook.com\/forklogen\/\" target=\"_blank\" rel=\"nofollow noopener\"> Facebook<\/a><\/span>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EmerCoin team has repeatedly stated that the project puts its stake mostly in implementing its services in real businesses rather than in developing a cryptocurrency. A brief look at EMC price chart shows that the speculation factor has little effect on it, and most price surges can be associated with news on the project&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"human_written","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[198],"tags":[584,356,585,586],"class_list":["post-3382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinion","tag-emcssh","tag-emercoin","tag-hashcoins","tag-hashflare"],"aioseo_notices":[],"amp_enabled":true,"views":"242","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/3382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=3382"}],"version-history":[{"count":4,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/3382\/revisions"}],"predecessor-version":[{"id":5858,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/3382\/revisions\/5858"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/3384"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=3382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=3382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=3382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}