Review on DAPS Coin by francis fernandez
DAPS: privacy and security in electronic payments and bets
The use of electronic payment systems is becoming increasingly valid; for this reason, having a platform that provides privacy to its users is vital.
DAPS is a digital asset as it works as a payment gateway; to allow commercial operations privately and without intermediaries; under the security offered by blockchain technology.
Platform security:
One of the most outstanding aspects of DAPS is given by the level of security provided by its infrastructure; By using a double layer mechanism called RingCT that reduces the risk of locating a real operation among many false ones.
Another element that contributes to a secure network is the privacy it provides to its users regarding the management of their finances.
It also has a combination of various protocols that help establish internal security mechanisms in its infrastructure and operation.
This characteristic, among others, has earned him a large community of followers.
Consensus:
DAPS employs the mixed consensus mechanism that includes: PoA, PoSv3 and PoW within its governance system.
The protocol responsible for its auditability is PoA (Proof of Audit). Due to this, it has earned the credibility of its users.
Despite its unstable market value; DAPS Coin is a valuable protocol in terms of the security provided by its platform; since it allows its users to carry out the functional operations offered by a cryptocurrency, maintaining the anonymity of their efforts and maintaining the protection of their finances.
These constitute compelling reasons when opting for a private and secure payment system.
Pros
- It is an electronic payment gateway that provides privacy
- It is a protocol that works without custody
- Serves as a safe betting mechanism
- Offers a high level of security in your infrastructure
Cons
- Low market price
- It is not a stable currency
