Deutsche eMark (DEM) is a decentralized currency, which is programmed to use cryptographic algorithms. Developed in Germany, the project is an attempt to re-create the country's "Deutschmark" as a digital currency. Likewise, the eMark utilizes the blockchain technology to receive and send transactions fast, easy and secure. The currency has an open source code, which further assures transparency in the network. DEM could also be printed and locked on a paper wallet. Deutsche eMark is not controlled by a central office. It organizes itself by the computers of each individual who uses it. DEM was launched in October 2013 by Litecoin. The hashing algorithm is SHA-256. DEM is also a Hybrid PoW/PoS, with a total 45,679,306 DEM.
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