Review on CyberVein by phuong cong
The project combines public Blockchain and private Blockchain on DAG technology
A blockchain platform is created to combine public and private blockchains to create a unified platform for maximum security.
The Cybervain team uses a functional model that helps integrate an existing data economy with the original blockchain, helping to facilitate its overall interoperability. CyberVein will help ensure basic functionality in the existing database. It also allows the addition of contractual languages to provide technology solutions capable of handling complex data value systems.
The Cybervain system creates decentralized management of data on the blockchain without the need for a centralized provider.
The CyberVein team is experienced in Data and Blockchain, their partners also include many exchanges and famous projects in the Blockchain space.
CVT is CyberVein's main token, it is used for a variety of purposes, such as to pay service fees in the platform, used as a reward for those who have contributed to the platform.
Pros
- It uses smart contracting on DAG technology to both demonstrate transparency and decentralization
- Cybervein system is easy to use and consumes little resources to exploit the node
- It uses a POC consensus mechanism that has advantages over Bitcoin and altscoins using the POW model
- The team is seasoned with experience as well as cooperating with many major partners
Cons
- The project has been around for quite some time, but there is still a lot of improvement in marketing needed and CVT listing on larger exchanges.
