Review on Essentia by francis fernandez
a comprehensive solution for managing digital assets without intermediaries
For the administration and management of our portfolio of digital assets, we look for a platform that gives us confidence, security, functionality and that also allows us to interact with it in a simple way.
Essentia adjusts to your requirements. It is a cryptographic ecosystem that consolidates a basket of interoperable assets compatible with multiple networks; which can freely interact with centralized and autonomous infrastructures to allow new solutions or services to their users.
In this sense, the Essentia ecosystem has as a central foundation to allow interoperability between different blockchains and digital resources, to create new cryptographic and decentralized finance products and services, such as:
• Multi-chain wallets
• Applications of autonomous use for the user
• Total user control accounts
• Creation of a fully customized interoperable basket of digital assets
• Transfers between different chains
• Multi-chain exchanges
• Interoperable protocol liquidity markets
What is the reason for Essentia's interoperability?
Essentia is composed of a set of nodes (masternodes) that work under the PoS (proof of stake) consensus protocol that guarantee the security, efficiency and stability of the network and are responsible for the execution of transactions, management of database storage. data, and validate blocks using signatures.
Essentia also stands out for the autonomy it provides to users and developers to develop smart contracts, interoperable non-custodial applications, participate in multi-protocol exchanges, access non-custodial storage sources, among others.
Pros
- Grants autonomy and control to the user over their cryptographic information
- Free access to multiple blockchain protocols
- It allows to generate liquidity, carry out exchange and open trading of crypto assets
- Reliable, affordable and non-custodial transactions
Cons
- Value subject to devaluation
