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Review on BitWhite by francis fernandez

Revainrating 4 out of 5

BitWhite: efficient gateway to design non-custodial applications

Since the invention of the first digital currencies, there have been many subsequent cryptographic projects that have tried to outperform their counterparts in order to improve some of their characteristics and functions. BitWhite emerges as an improved version of the Bitcoin White cryptocurrency.
BitWhite is a platform that aims to promote the construction of non-custodial solutions based on accessible open source encryption for developers and users in general who wish to take its technological structure as a basis to create different blockchain projects.
Token:
The platform has its native token identified with the acronym BTW that serves as a driving force for the execution of operations on its network.
Consensus:
BTW is fully mineable. In its governance mechanism, the DPOS consensus protocol is used for the validation of transactions, block generation and decision making in your network.
Technology:
BitWhite combines blockchain technology with the versatility of the Scrypt language and integrates related databases to constitute an optimal mechanism for creating non-custodial digital solutions with efficient performance applicable to different areas. Hence, its infrastructure constitutes a utility model to be followed by experts and developers.
Despite the fact that BitWhite is not pegged to a stablecoin and its cryptocurrency is traded on few markets; its platform does not lose value as a flexible technological gateway to allow the design of many decentralized projects based on its chain as a backbone; since it uses a versatile and efficient computer language that guarantees accessible and simple levels of performance to create protocols of equal or better value.
This certainly represents the true value of the BitWhite platform.




Pros
  • It is a protocol without third party control
  • Allows you to develop non-custodial applications
  • It is a versatile and efficient platform
Cons
  • It is not linked to a stable asset