Review on Shard by Pedro O. Alvino M.
Cryptocurrency and utility currency
A cryptocurrency designed to feed the Shard ecosystem and offer itself as a paid system in the market, since it offers high network speed, security and scalability with total security for all coin holders, made up of a proof of participation consensus, contains some unique improvements where energy efficiency is included.
A decentralized and transparent project, it has a staking program where a coin lock in the wallet is not necessary, in which case the coin holders will also obtain additional benefits on the Shard platform.
The objective of the project is to create an ecosystem that is massively adapted by the crypto community, where its functions will be fully operational without any error on the network.
Pros
- Open source cryptocurrency with fast and low cost transactions.
- It acts as a utility currency in the different projects of the platform.
- Blockchain based on proof of stake consensus with unique enhancements.
- Offers a Shard coin stakeout program where no coin lock is required
- Use cryptographic encryption to protect the information on the blockchain.
- It uses a distributed ledger that syncs across all nodes.
- It offers a speed 5 times higher than the Bitcoin network thanks to the low algorithm latency.
Cons
- Numerous competitors in the market.
- Your daily trading volume does not exceed $ 10.
- It requires time for the project to be adopted by the community.
