It acts as a local currency alternative, a decentralized form of currency, with universal acceptance of online transactions. The team defined it as a long-term project aimed at making digital cash available to future generations.
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Pros
It is available for mining for the next 33 years without stopping a block.
It is expected to increase transaction capacity due to block weight differences for different segments.
Its wallet keys regenerate the keys even when they are not backed up.
Cons
It benefits the operators and organizations that do not have access to latest hardware but wish to work on a blockchain platform.