Review on ECC by Pedro O. Alvino M.
Payment system and data privacy
Community-driven open source project, based on data protection and payment systems, allowing users to have a decentralized payment network with privacy with a node structure without the architecture of a central system that governs to the project.
Designed with a proof-of-stake algorithm, it offers users to participate in the network without the need to resort to large computational resources, so that a coin staking can be carried out through the project wallet that is available for various systems PC operating.
With a very low level of popularity in the market, it is very unlikely that the project will have a notable performance in the market, given that being focused on privacy and payment systems, there are already many currencies with these characteristics already established in the market. market, so it is highly unlikely that attention to this project and its currency has not performed well in the market.
Pros
- It has the Simple Protocol for the verification of bitcoin payments.
- Allows coin mining without the need for experimental hardware.
- Project currency with limited supply in circulation
- Designed to protect user data without storing it on servers.
Cons
- Being a community-driven project, it necessarily depends on the flow of users on its platform, which is very low as on its social media channels.
- There are already a lot of payments and privacy project.
- The trading performance of the currency in the market is lousy.
