Review on Emrals by Pedro O. Alvino M.
Ecological project based on the incentive for garbage collection.
Open source project based on the Dash masternode network structure, implements a strategy to preserve the planet's environmental ecosystem, in such a way that it grants rewards in EMRALS currency as garbage is collected in technological recycle bins provided by the project, in the manner that encourages through the EMRALS currency the collection of garbage by these means.
With network architecture based on Dash, the consensus algorithm system is based on proof of work plus the masternode system, although it is true that proof of work consumes high computational resources, this can be supplied through masternodes where a large part of the rewards per block are directed to the latter.
The project service is being located in different parts of the world, so that it promotes by means of garbage cans implemented with IoT technology that are called eCan, which are bins that pay users to collect garbage in them, so that This connects with the project's mobile app to proceed with instant payments in EMRALS coins.
In a way it is a project that tries to preserve the environment through payments in EMRALS in order to create a healthier environmental ecosystem for future generations.
Pros
- The coin has privacy features.
- It has a masternode system with great activity on the network.
- It has a market trajectory.
- It implements a reward mechanism based on the protection of the environment.
- Provides a high-tech ecological bin.
Cons
- Having a garbage collection rewards service through smart dumpsters will take time to adapt in many developed countries.
- The acquisition of the project's high-tech paper mill is inexpensive.
- The currency has performed poorly in the market.
- Outdated roadmap.
