Review on Bolivarcoin by David Olayide
Bolivarcoin
Bolicoin (BOLI) is a virtual currency from Venezuela created by Satoshisimon Bolivarmoto, with a major goal and focus to create a trusted cryptocurrency that will be backed by the Venezuelan citizens. Bolivarcoin plans to mimic and follow the paths set by other altcoins and adapt it and make it more friendly for it users by creating a social media campaign to inform about its benefits and uses.
Bolivarcoin is based on the Blockchain technology, which is a fully auditable decentralized database, which guarantees that only you have access to your money. To makei t easier it has been designed with the aim of being easy to handle for peopleI who are just entering the world of cryptocurrencies.
Bolicoin has a circulating supply of 15 Million BOLI coins and a maximum supply of 25 Million. The Graviex exchange is the current most active market trading the coin.
Bolivarcoin is decentralized, and there is no centralized structure. Users are free to make contributions or develop projects to foster the development of cryptocurrency. The coin is open source and can be audited or improved by anyone.
Pros
- Bolivarcoin follows and improved on the deficiencies of other altcoins
- User friendly
- Fully auditable and decentralized as well as open source
Cons
- Not popular enough
