Review on EXRNchain by Robiul Islam

Name: EXRNchain
Item: EXRNchain
Rating: 3

June 23, 2019

Innovative crosschain protocol.

I understand that the project may be young in terms of development, but right now the team doesn’t have an extensive background, There aren’t any advisors guiding the team and i haven’t seen any networking/partnerships. This will no doubt improve/change in the future.
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Competitors are going to find it hard to compete quickly. It is creating a platform that is not easily copied due to the extent of the features they are developing. I do have my concerns about the development progress of the project, but on a conceptual level, the platform is pretty advanced.
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Updated 5 years ago

Rating has not been changed

EXRT Network mainnet is expected to be launched in Q3–Q4 2020. 
All ERC20 EXRT tokens will be swapped to EXRT coins on the mainnet.
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The EXRNchain team’s current primary focus is to develop a powerful but user-friendly and efficient product experience.
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Pros

It is entering the space of blockchain interoperability. Being able to seamlessly execute contracts, to transfer information and perform all the atomic swaps in one place is easy to simplify things for the end user.
EXRNpay enables merchants to accept maximum cryptocurrency and have them convert into the cryptocurrency they want. Like traditional payment methods, different currencies can be accepted and they do not have the problem of the huge amount of merchants receiving coins. If they want ETH for their services / products, they can accept a bunch of currencies and convert them through the EXRNCHain platform.
An excellent token model and one that i'm excited to see function once the mainnet Is Live. EXRNchain have a second token EXRT. It can be used to make cross-chain transactions easy, transact swaps and provide liquidity to each transfer, It can be used to pay for cross-chain transfer and to secure cross-chain networks with nodes.

Cons

My biggest concern with this project is the lack of a whitepaper. The Team States whitepaper will be out at some point when their code is open, but not in the nearest future. I don’t understand why a whitepaper is held back by private development.