Review on CUTcoin by LUIS RIVERO R
Privacy cryptocurrency
cryptocurrency that guarantees privacy and untraceable transactions. The balances and transactions of any wallet in this project cannot be tracked or the available amount can be viewed.
Each of the assets is released to those who bet their Cutcoin to keep the network secure and decentralized.
Low consumption consensus protocol, since large amounts of energy are not required as if bitcoin does.
In general this cryptocurrency has interesting privacy features, however there are other currencies with similar characteristics, one of the biggest problems is that it cannot be verified if the amount they claim to have in circulation is really the real one, something that is unstable. It is noteworthy that it has a really small community that supports it.
Pros
- Low daily trading volume.
- Consensus test protocol.
- The balances can only be seen by the owner.
- Anonymity.
- It has a web wallet for any device.
Cons
- Currently there are other currencies with similar characteristics.
- It is not possible to verify some data of its creators
- Small backing community.
