Review on Particl by Robiul Islam
Real products solving real problems.
It is a privacy umbilical raid into the decentralized marketplace space. The platform will offer leading privacy protection, encrypted messaging, self-governance, staking rewards and will likely build on existing offerings through DApps. I like the way the team has put the PART coin at the center of everything and it's one of the main attractions for me. It is far from a secure bet but the price of PART could see significant growth if everything pans out and therefore may be a worthwhile investment as a high risk high reward option.
Particl’s value commitment as a privacy focused blockchain platform will no suspicion be important as many Blockchains have already begun to compromise privacy and security in order to achieve scalability. The project seems to be very active and has many development updates left in the pipeline, so it will be worth keeping an eye on their progress to see if they can establish dominance in an increasingly populous market.
Updated 5 years ago
Rating has not been changed
The Particl Open Marketplace is now fully compatible with mainnet! But its graphical interface isn't released yet, advanced users can now run the marketplace on mainnet and start generating market keys!
Pros
- Multi-State Privacy (3 optional privacy levels for transactions – Public, blind and Anonymous).
- Open marketplace with both public and private listings overcomes geographic and regulatory barriers.
- It strikes a balance between giving users total privacy while providing features which offer consumer trust.
- Acceptance of all cryptocurrencies via atomic swaps and ShapeShift integration lowers barriers to adoption.
- Cold staking allows users to generate passive income with little to no effort.
- Self-governance to prevent the marketplace from turning into the Silk Road and very limited coin supply with low inflation rate.
- Future use cases are promising and show the potential of Particl to grow into a privacy ecosystem.
Cons
- There are some competitors that already have a working platform.
- The decentralized marketplace is very competitive and nobody have been successful yet.
