Review on ECOChain by francis fernandez
promoting an inclusive and global rewards system
The crypto market is full of platforms with similar and different technological characteristics, but they all have in common offering reward systems with different modalities.
EcoChain is a cryptographic protocol whose main mission is to create a fair and inclusive rewards system that allows all its users to obtain rewards for participating in its network.
What characteristics define this ecosystem?
EcoChain is an ecosystem with valuable qualities as a blockchain service provider. These are:
• Uses a protocol that is not subject to third party control; because your network is totally autonomous
• Its non-custodial operation guarantees security of the information contained in its block chain
• Allows developers to validate their smart applications prior to incorporation into the EcoChain platform infrastructure
• It allows to efficiently incorporate a large volume of users in its chain simultaneously
• Allows creators to reduce or detect possible errors in the smart contracts developed by them
• Smart contracts implemented by EcoChain technology provide flexibility to create different non-custodial applications with total efficiency
• It uses the PoSp protocol that allows very fast and economical commercial operations; in addition to allowing energy savings
• Eliminates costs for the acquisition of mining equipment with high consumption of energy and computing power
• Offers a POSp participation system that creates an equitable, inclusive reward mechanism that guarantees regular rewards to all of its members.
• Offers a mobile wallet compatible with ERC-20 tokens
These qualities undoubtedly generate confidence in both developers and users who want to generate income from their participation in this ecological cryptographic ecosystem.
Pros
- Promotes the inclusion of all participants in the crypto reward system
- Allows savings in expensive mining equipment
- Promotes energy saving
- Drive fast and cheap transactions
Cons
- Offers few features
