Overall, it had a normal start. The intermediate phase was really awesomeโฆ
Overall, it had a normal start. The intermediate phase was really awesome. People who HODL reaped its benefits. Now, the future of this coin depends on the support of the community developers.
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Pros
The crypto frenzy started with this coin's popularity. Anonymity of the founder. It helped the community participate actively. No pre-mine. Attractive investment.
Cons
Can withstand less number of transactions per second. So, the fees have increased manifold. The vision of Satoshi Nakamoto - one CPU, one vote - has been defeated by the use of ASICs.