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LanaCoin Review

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Revainrating 3 out of 5  
Rating 
3.0
Crypto Projects

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Description of LanaCoin

LanaCoin (LANA) is a cryptocurrency . Users are able to generate LANA through the process of mining. LanaCoin has a current supply of 3,214,619,627.649563 with 3,246,788,481.3196354 in circulation. The last known price of LanaCoin is 0.00056068 USD and is down -1.86 over the last 24 hours. It is currently trading on 2 active market(s) with $67.30 traded over the last 24 hours. More information can be found at https://lanacoin.com/.

Reviews

Global ratings 23
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Type of review

Use of POW and POS with sha256 as a laundry calculation. There is no specific proof of this computerized cash, only cryptographic cash can be used for me. When everything is said and done, make careful rules and goals because the main idea of ​​not lending is not just for money reasons. We are currently looking for a lot of money-related guidelines with each of these extraordinary characteristics, but the overall goal is to get involved in digital currency business as a standard online business

Pros
  • Approved.
  • Fully felt.
  • Good.
Cons
  • Nonok.

Revainrating 3 out of 5

LanaCoin: A gift for Lana, but is it a gift for investors?

LanaCoin is a personalised crypto that was created as a gift to a girl named Lana. Users are able to generate LANA can be generated through mining. It is a combination(hybrid) of POS (Proof of Stake) and POW (proof of work) open blockchain. It uses Sha256d hashing algorithm. It is ranked the 1646 largest cryptocurrency by its market cap of USD 110,117.61 as at 3rd September, 2020. LanaCoin is trading at 1 LANA to USD 0.00005967. There are currently more than 1.85 billion LanaCoin coins…

Pros
  • It is a goodwill coin as a birthday present
  • It is open source
  • Encouraging reward system for finders and stakers
  • You have full ownership of your LANA assets
Cons
  • It is another case of mixing business with pleasure
  • It trades on few (just 3) unpopular exchanges
  • There is no mobile application to access wallet
  • The website is not well detailed
  • There is nobody to hold accountable in case of problems with holding LANA assets
  • There is no CEO and management board
  • There is no company in charge
  • There is no budget to finance developments
  • Trading value against the USD is low

Revainrating 3 out of 5

lanacoin project and its price review

This project is one of the relatively old projects and has been working since 2016. Given their activity on social media after 4 years, this activity is promising for a good leap in project growth. In examining the daily and usdt pair charts of the LANA currency, the uptrend in February 2020 was not successful and the price fell in such a way that the trend line was broken. Support in the range of 0.00004 USDT is the most important support for this currency and if this support line is broken…

Pros
  • After 4 years of operation, the project team is still active.
  • Its good activity on social media as well as the launch of new competition that has made the fans of this project active
  • This project is completely open source
Cons
  • There is no sign of price growth in the LANA currency
  • daily trading volume This project is low

Revainrating 3 out of 5

LanaCoin Promise to Develop blockchain Gradually in The Future.

LanaCoin is an open source and first personalized Cryptocurrency Token created from a father to her daughter LANA as 10th birthday gift. It was built on blockchain and it started operation as birthday present with no roadmap deadline on Development, but promise to start blockchain development of LanaCoin gradually in the future LanaCoin can be generated through mining process. The coin is an hybrid of pow and pos which can be mine through a specialized Cryptocurrency mining hardware with…

Pros
  • LanaCoin can be generated through mining
  • It was listed on Exchange platform
  • It has wallet
  • LanaCoin is a developing Token that could become a successful coin in the future
Cons
  • No roadmap deadline
  • Listed on little Exchange platform
  • It has very low community support

Consolidate as the forex of desire for investors, buyers, players and fashionable e-commerce goers inside the crypto-asset enterprise. However, that is an empty project and has had low growth for the duration of its launch at the internet. The undertaking follows the identical trend as DogeCoin however in this example it was a joke, Currently I best find it appealing for miners due to the fact they could easily attain it. Y is acceptable if humans suppose it is an awesome element. In this…

Pros
  • It is absolutely auditable as it is open supply.
  • Supported by the community.
  • Easy mining.
  • The internet site is quite simple and full of appropriate and explanatory facts.
Cons
  • Coin launches were scarce and the deliver became low. It does now not constitute accurate value for buying and selling.
  • Not a endorsed investment for now!

Revainrating 3 out of 5

Lanacoin: An empty future for a birthday present

LanaCoin, as its name implies, is dedicated to the tenth birthday of this playforma bi girl. This can’t make the coin to himself and him alone, but it is his most unique way to celebrate the nerve father’s birthday. In the crypto market, today we are following most of the general monetary guidelines, each with its distinctive features as if they had a common purpose: to unite in the cryptocurrency business as intermediaries, money donors, players support funds; and creating great online…

Pros
  • No past or previous assortments were made.
Cons
  • No flaws

Posar and PoW, the digital currency of the Posarym seed, are the beginnings of this problem, somewhat dubious, as stated on their official website, but it is important to delineate the boundaries with this topic. Current loans; In PoW and Pos mining relations. The main thing is that there is no specific reason for this digital money, only cryptographic money can be used for me. When all is said and done, it is important to create viable guidelines and goals, as the first idea of being…

Pros
  • Supported by Theerli region.
Cons
  • Low exchange rate.

Revainrating 3 out of 5

LanaCoin-cross breed blockchain

In the crypto market, today we track down a wide scope of advanced monetary standards, each with specific qualities however with a shared objective: to merge in the cryptoassets business as the favored money of brokers, financial backers, players and clients overall online business regulars. Inside this unique situation, the cryptographic money LANACoin (LANA) showed up available in May 2016. This venture didn't have aggregate financing, since it became visible without the backup of an

Pros
  • It is completely auditable since it handles open source.
  • Offer great advantages to your diggers.
  • It's anything but a completely decentralized stage, since it doesn't have an administrative element.
Cons
  • It actually has numerous aspects being developed.

Revainrating 4 out of 5

Strive not to be a success, but rather to be of value.

Developers run in their own trees and then send pull requests when they think the feature or bug fix is ready. Y is acceptable if people think it's a good thing. If the sponsor does not follow the encoding rules (see Coding.txt) or there is a dispute, y commit must wait to rebuild and resubmit. Professionals assembly and testing can be carried out but cannot be fully guaranteed. Create regularly to mark new releases of Lanacoin.When several people have been examined after use. Sometimes…

Pros
  • The website is very simple and full of good and explanatory information.
  • The information given is very clear and good
Cons
  • No support service

Revainrating 3 out of 5

Personalized Coin With A Specific Usage

LanaCoin was launched in 2016 and is one of the first personalized coin to be created. The real essence of this coin is to be use as birthday gift. Not much can be said about the team behind this project and no specifically designed roadmap. The coin is using both POW and POS with sha256 as hashing algorithm. The miners are being rewarded with Lana when a block is found while the members of the community who stake their wallet are also being rewarded with lana for staking their coin. The reward

Pros
  • It has both power of work and power of stake algorithm.
  • In approximately each five years, the POS will be halving, and this will give more value to the coin.
  • No ICO for the coin, which means no investor can say he lost his invesment in the coin.
  • It has communities in various social medias.
  • No divulge of personal information before one can use the platform, in essence, it does not required KYC.
  • It has open and permissionless public ledger, so anyone can easily acessed it.
Cons
  • since it is a personalized coin, people will not want to put so much trust on it.
  • Little can be said about the team.
  • The website need improvement.

Revainrating 3 out of 5

LanaCoin LANA: Crypto gift currency

Project created in 2016, it is the cryptocurrency LanaCoin which is named after a girl who turned 10 years old and her father created the project as a tribute to it, The project follows the same trend as DogeCoin but in that case It was a joke, at the moment I only see it attractive for miners since they can easily obtain it, investing in this cryptocurrency would be like buying a car for life, not because it is good but because once you buy it you do not will get someone to sell it to, however

Pros
  • Accepted by an Exchange recognized as YoBit
  • Easy mining
  • Has its own blockchain
Cons
  • Project without past, present and uncertain future
  • It is not an advisable investment, for now!
  • Very informal website.

Revainrating 3 out of 5

This project needs to be more useful.

Hybrid mineable cryptocurrency Pos and PoW, the beginning of this project is somewhat controversial as stated on its official site, but it is not necessary to create parameters related to that topic. Current attributes; PoW and Pos in their mining process. The main problem is that this cryptocurrency does not have a specific purpose, it is just another cryptocurrency that can be used to mine. In general, it is necessary to develop a roadmap and goals that can be met since that main…

Pros
  • No previous or preliminary collection was made.
  • It is supported by the community.
Cons
  • Low trading volume.
  • Without a clear route.

Revainrating 2 out of 5

Lanacoin: An Empty Future for a Birthday Present Blockchain

LanaCoin as many users have already discussed is a blockchain project that was born as a birthday present for the daughter of his developers. But it is an empty project, and it has had a deploy low growth during the time it has been available on the internet. It looks more like an economic blog with some useful contents than a real blockchain. It does not count with any core established in the smart-contracts as other projects commonly have. Moreover, it does seem to provide an expandable…

Pros
  • Nothing to write about.
Cons
  • It does not provide a reliable security path. In fact, there are no clear instructions on how the system works for protecting the user's safety.
  • It is still in development and it is frequently updated but the content remains empty. There is not a clear definition for a better purpose than just being a birthday present.
  • The coin launch was little and had low supply. It does not represent good value for trading.
  • Partnerships and project's support are not clearly established. It does not have more products than just a digital coin.
  • It does not have a reliable audience. It has lost population within the market with the low content and management it already has.

Revainrating 3 out of 5

LanaCoin- hybrid blockchain

In the crypto market, today we find a wide range of digital currencies, each with particular characteristics but with a common goal: to consolidate in the cryptoassets industry as the preferred currency of traders, investors, players and users in general e-commerce regulars. Within this context, the cryptocurrency LANACoin (LANA) appeared on the market in May 2016. This project did not have collective financing, since it came to light without the accompaniment of an ICO. LANACoin emerges…

Pros
  • It is fully auditable since it handles open source.
  • Offer good perks to your miners.
  • It is a totally decentralized platform, since it does not have a regulatory entity.
Cons
  • It still has many facets in development.

Revainrating 4 out of 5

LanaCoin (LANA) represents a great alternative in the cryptoactive market

The present project of the digital currency LanaCoin (LANA) represents a great alternative in the cryptoactive market, it is a powerful currency that is acquired with BTC and USDT, in the same way it is present to trade with it, from 3 important and secure exchange platforms. LanaCoin (LANA) as a project, also promotes wallet clients, easy to use and install in different types of devices, either mobile or desktop, its wallets perfectly protect the LANA token, facilitate the sending and even…

Pros
  • Exchange LanaCoin (LANA) is really safe and feasible from Tokensnet, FreiExchange and YoBit, this currency is kept active for purchase and can be acquired by currencies like LANA/USDT and LANA/BTC.
  • LanaCoin (LANA) is a powerful token for its extraction, for those who have powerful mining equipment can extract this currency with total ease and using sha256 algorithm and the percentage rate for mining, is really comfortable and low.
  • The LanaCoin (LANA) digital currency project also includes LANA coin storage portfolios, which are installed as clients on desktop computers, maintain functionality as a mobile device application and also as cold storage. All these wallet modalities maintain their high security, encryption, allow sending and receiving tokens safely and the portfolios are easily recovered, thus avoiding loss of assets in this LANA currency.
Cons
  • The LanaCoin (LANA) project has a somewhat low capitalization, and its price statistics for the LANA currency have not increased much over the last few months.

Revainrating 3 out of 5

Birthday gift coin

On the technical side, the project is an Hybrid POS/POW protocol that allows users to mine or stake the coin. The project has been active for a while, since it is still alive to this day even though it was created in 2016. In a sense, LanaCoin is very different from most of the regular crypto projects. As per the author : "If you can't find a reason to get involved in the project, you better not, we don't want "lambo" in our community, but people who will use a coin in an app that has real use,

Pros
  • Cool Geek initiative for a birthday
Cons
  • Not suitable for investors

Revainrating 3 out of 5

A project for motivated people willing to make it grow

It is known as one of the first personalized cryptocurrencies, in my opinion it is one of the projects for more motivated people in the world of cryptocurrencies and they want to look better with them for advanced growth in the future, it is executed by a hybrid consensus Pow (Proof of Work) Pos (Proof of Stake), the cool thing is that the coin is fully open source and on top of all that you can have passive income and a wallet. Among other positive things is mining, if you get to mine you…

Pros
  • Miners and gamblers receive rewards.
  • It is listed in 3 markets and among them is the famous YoBit.
  • You could have an advantage if you take the matter seriously.
Cons
  • It does not have an administration or company in charge.
  • Not recommended for investors.
  • It does not have the popularity or confidence necessary and has not been taken into account properly in the exchanges.
  • There is no serious budget or funding for certain serious integrations.
  • You need a better design for the website.
  • It lacks development in applications such as wallets for iOs or Android.
  • It is not a professional platform like others.

Revainrating 4 out of 5

LanaCoin

Blockchain project can be created as open source these have made the network more accessible for developers to easily create interesting additional coins to the network which in turn have been a great means of boosting the scalability of the crypto industry. Although some project might seem very small but lot of effort have been make to keep those projects quite competitive in the crypto market. LanaCoin is a POW/POS minable token that rewards both miners and investors, when new blocks are cre

Pros
  • Blockchain project yet to gain popularity in the crypto market although it has stood up and been up running for several years which makes it a unique project
  • Support mobile wallet with few exchange platform for conducting trade among users
  • Well active social platform to engage and update it user
  • Good security system with fast transaction and low fee
Cons
  • Need to improve and update roadmap in other to attract more investor
  • Low market supply of coin

Today, anyone can create their own personalized cryptocurrency, due to the great advances that have been made in the different blockchains that we know. After the success of the dogecoin cryptocurrency, launched on the market as a kind of joke, many projects have wanted to imitate it, but the vast majority have failed in the attempt. One of the cryptocurrencies that has tried to achieve this is called Lanacoin, created in 2016, with its own blockchain to celebrate the tenth birthday of the…

Pros
  • Lanacoin has a good reward system for both POS and POW miners
  • A kyc is not required to enter the platform
  • It did not have any preminent process
  • There were no ICOs when it was launched in 2016
  • Being open source, anyone can audit this project.
Cons
  • Their platform doesn't look like a professional one
  • Because it is not known who the creator is, it is a project that generates a lot of distrust to invest
  • Since its launch they have not had much progress
  • their daily trading volume is almost nil
  • their social networks do not have much support from the public

Revainrating 2 out of 5

Open source coin without ICO and Premine

A coin launched without premine and ICO, attributing zero advantages for the project developers and offering full bias for all holders of the coin. Launched in 2016, its progress in the market has been static, given that the reason for the launch of this coin to the market, was for a birthday gift, which its objectives at that time were limited. Currently integrated in several exchanges, the currency has very little interest from crypto investors, in addition the services that it is composed…

Pros
  • It has a market trajectory since 2016.
  • It has several social channels.
  • Targets new strategic partnerships and new features on your platform
Cons
  • Very poor Lanacoin platform design.
  • Very low demand for the currency in the market.
  • Very limited mining hardware support.
  • Since its launch, it has not generated interest from the crypto community.