Review on BOScoin by francis fernandez
Boscoin: contracts as a useful tool for decision making
Since the invention of smart contracts in blockchains, there have been many applications and an infinity of functions that can be executed from them. However, cryptography is constantly in a period of innovation. Due to this, new forks have emerged from the technology used by smart contracts to find new uses for it.
Boscoin is a technological platform whose purpose is to create trust contracts based on the structure of smart contracts; but restricting their accessibility and modifying their infrastructure, in such a way that they are more reliable and easily understood by their users; thereby generating multiple functions in people's daily lives; allowing to understand them and make decisions based on them. For it; Boscoin uses a less complex computer language than that used by other blockchains.
Token:
Boscoin owns its own cryptocurrency known by the acronym BOSS.
Functioning:
Boscoin works under an infrastructure that comprises two main mechanisms:
1-Trust contracts: which serve as the basis for the development of functional contracts within the blockchain.
2-The Congress Network: is the system that allows decision-making based on efficiency and democracy.
Regarding the consensus protocol; decisions on the network are made by creators in agreement with miners.
The importance of Boscoin lies in the fact that it allows the development of efficient and functional technological solutions (trust contracts) aimed at solving specific situations that are easy to understand and guarantee decision-making based on them.
Undoubtedly, the usefulness of the Boscoin chain is extremely valuable as a starting point to develop technological applications that provide solutions to many problems that the cryptographic industry presents today.
Pros
- Create digital solutions for decision making
- Contributes to energy savings
- Allows you to create easy-to-understand digital contracts
Cons
- their currency is unstable
