Review on NewYorkCoin by Maximiliano Aquino
NewYorkCoin
NewYorkCoin is a decentralized and open source project that promises transactions 20 times faster than BTC and 5 times faster than LTC. It was created in 2018 and has a very informative white paper, and we can pay attention that it is a project aimed at acceptance in retail and payment for services and consumer goods, in its white paper we can see that the project intends to be listed on BSC network and Uniswap listing, which agitates the project very behind the scenes, because with big intentions like this the tendency is to reach an increasing number of supporters to the project. In summary, we have a project with ideas of agility in payments and promise to be very fast in your transactions. A weak point that I noticed was the lack of presentation of the team behind the project, on the website we do not have this information, this can cause a little distrust, even though it is a decentralized project as it is said to be. Finally, if the project manages to deliver everything available in its potential white paper, it has to grow !!
Pros
- decentralized project
- open code
- promise of faster transactions than BTC
- already listed in several exchanges
- informative white paper
Cons
- is not yet listed in a major exchange
- absence of presentation of the team behind the project
