Review on Mercury by Robiul Islam
Modern communication platforms.
This is an open source communication protocol designed on a blockchain network to provide increased user privacy and security of their data at a titular cost.
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Its potential can be measured in terms of the need for user privacy on communication platforms. Although the protocol is new enough, it can contribute a good deal to the positive evolution of modern communication through long-term decentralized social communication.
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The chief advisor of the protocol has enough reputation to his name to attract users to the apps. At the same time, the apps have been designed for both the big and small players.
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Pros
- Users will be able to maintain their privacy and securely store data on an irreversible network.
- The protocol integrated a new Ethereum blockchain token to Global Messaging Tokens to reward positive user actions. This will enable users to transfer their communication data from one platform to another over the Mercury ecosystem.
- It uses Oracle to connect information sources outside of Mercury's protocol to smart contracts. It also enables users to manage their communications with the outside world of Mercury.
Cons
- Token not yet listed on any recognized exchange.
- Low demand and liquidity.
