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DynamicCoin Review

5

·

Poor

Revainrating 2.5 out of 5  
Rating 
2.5
Crypto Projects

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Description of DynamicCoin

Dynamic Coin is a new, Open Sourced, fully decentralized, Peer-to-peer currency unlike any other in existence.

Reviews

Global ratings 5
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Type of review

Revainrating 3 out of 5

beating the speed of other digital currencies

According to cryptographic forms of money there are two significant focuses to consider: First, the dependability of the cash in the securities exchange and second, the speed of execution of exchanges. In this sense, Dynamic Coin offers answers for the fundamental issues confronting crypto: speed and depreciation. Speed: • Dynamic Coin works under a profoundly versatile instrument that permits to handle blocks in a timeframe of only 15 seconds, which permits you to approve tasks i

Pros
  • Permits direct exchanges between approaches
  • Supports limitless coin issuance
  • Fast for block affirmation
  • Capacity to deal with a limitless volume of activities each second
Cons
  • No weaknesses

Revainrating 1 out of 5

DMC is almost dead

DynamicCoin is an almost dead currency. Follow the review until the end to understand why I do not say completely dead instead of almost dead. The DMC project has been completely abandoned, and for example, the last post on their Twitter page is related to 2017. Of course, there are still activities in this currency blockchain, and the last one is related to June 16, 2020 (which has been a long time). In coinmarketcap this project is untracked but in coingecko the title "coin is inactive" is…

Pros
  • It can still be traded and sold in a livecoin exchange (this is not an advantage but it is an advantage for an inactivated project compared to other inactive projects)
Cons
  • The Twitter page has not been updated for several years
  • The last blockchain transaction of this coin is related to a few months ago
  • Most days no daily trading volume is recorded for it
  • It is referred to as untracked in coinmarketcap

Revainrating 3 out of 5

beating the speed of other cryptocurrencies

In relation to cryptocurrencies there are two important points to consider: First, the stability of the currency in the stock market and second, the speed of execution of transactions. In this sense, Dynamic Coin offers solutions to the main problems facing crypto: speed and devaluation. Velocity: • Dynamic Coin operates under a highly scalable mechanism that allows to process blocks in a period of time of just 15 seconds, which allows you to validate operations in seconds and not hours. •…

Pros
  • Allows direct transactions between equals
  • Supports unlimited coin issuance
  • High speed for block confirmation
  • Ability to handle an unlimited volume of operations per second
Cons
  • No disadvantages

Revainrating 2 out of 5

My thoughts on DynamicCoin.

Unlike the existence of a dynamic coin, the new, open, fully decentralized, peer-to-peer currency. Initially, full inflation, similar to conventional currencies, rose and was created to work on unlimited mechanisms. However, it also removes all restrictions on other coins. There are no block sizes that allow unlimited operations per second. The block reward varies with the value of the coin and is adjusted in each block depending on the market price, so it ensures price stability with…

Pros
  • Dynamic Coin tried to copy our Fiat systems.
  • This project is not monitored in Coinmarketcap.
Cons
  • The DMC project seems to have been completely abandoned.

Revainrating 3 out of 5

Dynamic Coin tried to copy our Fiat systems. It's probably why price is so low and project even appears abandoned

With my eyes peeled on functionality and probable existence, I gave this project a 3 star rating. I have known Dynamic Coin for some time now. The project provides a better speed to transaction and a lower cost for the fees. One thing about this project is that it tries to imitate our traditional banking systems through a set of protocols that controls supply during inflation and deflation in price. This method or this protocols that the project uses in my view appears to be the best actually…

Pros
  • Dynamic Coin has a faster transaction speed as compared to many cryptocurrencies today. The blocktime is around 15 seconds
Cons
  • The explorer being hosted on its website and CoinMarketCap doesn't work anymore. This makes me doubt if it's still in existence
  • There doesn't seem to be an available exchange to trade this coin
  • The major reason to its low value is because it tries to imitate our fiat system of fighting inflation and deflation