Review on GXChain by Toprak Dere
About GXChain
It is seen that investors regarding GXC Coin are more reserved and cautious. Although the popular application of recent times is a coin that can also be used in staking, investors are abstaining for the time being. In addition to these, the GXC coin platform and team are considered to be strong.
GXChain is a cryptocurrency project that puts complete control of user data in the hands of users. In other words, it is a Blockchain-based data economy ecosystem. It is called GXC, GXC Coin or GCX Token with its short name in crypto money exchanges.
GXChain (GXC) is the platform that provides a solution for data economy by developing multiple reliable data modules. Data loading, storage, computing, and exchange were progressively carried out with many commercialized applications.
In addition to these, GXChain adopts "one token, one vote" approach in staking. The account cannot vote for more than three candidate nodes, but each GXC counts as one vote and can only vote for one node. Participating in the voting of public trust nodes, GXC is pledged in their own wallets and considered withdrawn if assets are exported.
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Pros
- Compared to traditional solutions, the GXC decentralized data market enables data to be sent / disseminated smoothly and completely. Therefore, it protects data privacy and copyright and prevents fraudulent activities.
- GXChain Coin is a blockchain-based data economy ecosystem that puts data control entirely to the users themselves.
Cons
- not listed in most exchanges
