Review on Espers by Jorge Hernández

Name: Espers
Item: Espers
Rating: 1

February 23, 2021

promoting the ease of use of blockchain technology

In order to simplify access to blockchain services and technology, many developers have created platforms with an affordable infrastructure, to make the interaction between user and platform more friendly.
Espers is an integral ecosystem that aims to consolidate the functions and utilities of intelligent protocols, by simplifying technological processes in the blockchain, in such a way that they are easily accessible to users.
Espers aims to bring together various blockchain resources under a single infrastructure; to create simple and useful smart solutions, such as instant messaging, easy interaction between various chains, and efficient file management in the distributed ledger.
Espers uses its ESP cryptocurrency as the engine that stimulates the processes running on its network, mainly the activities of its mining members.
Regarding the consensus mechanism; Espers uses a mixed protocol made up of POW + PoS (Proof of Work and Proof of Stake). This contributes to the greater efficiency of procedures and functions within the network.
For those who wish to be part of the Espers mining team; it offers two alternatives:
1- GPU or CPU, via POW
2- Betting system with the funds in your wallet, using PoS
This combination of protocols for the extraction of your currency, combined with the VRX algorithm; It constitutes the key point for the efficiency of the Espers protocol in the generation of blocks.
Another highlight of its hybrid consensus protocol; is that it contributes to the greater security of the chain; by significantly reducing the chances of electronic attacks.
We can conclude; that Espers has a safe and efficient infrastructure to protect the finances of its users.
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