Review on BlackCoin by Syed Adnan
Original Proof-of-Stake coin.
Cryptocurrency is based entirely on the concept of the POS algorithm. Tokens are generated by users who risk or lock their coins on the network. Each time the tokens are mixed, they contribute 1% annually to keep the system secure.
It involves much more transparency than any other cryptocurrency, as well as acting as a P2P and decentralized cryptocurrency.
Pros
- Eco-Friendly Platform.
- Open-Source Software.
- The platform provides complete user anonymity.
- It has a public blockchain without any central authority that monitors the transactions.
Cons
- It is likely to see an increase in its price if all goes well.
