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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Eureka Coin by LUIS RIVERO R

Revainrating 2 out of 5

Highly efficient side chain service.

This is a cryptocurrency that has its own chain that for its verification of blocks, proof of stake is used, both for the main network using its native cryptocurrency and proximaneten tokens issued on the network, something similar to what happens with Etherium.
The interesting thing about this project is that the side chains can use proof of stake by betting their own assets offering a novel alternative in this area.

Its decentralized exchange will be launched in the second quarter of 2020, everything will depend on its characteristics.

In general, this is a relatively new project, which, although it does not offer much visibility, has great innovations to offer, such as the side chain process that will offer a new paradigm for the use of this type of chain. that is, each toke can issue its proof of stake making the network more decentralized compared to other projects,



Pros
  • Wallet available for Mac, Linux and Windows.
  • Verification process betting a certain amount of assets.
  • Profits can also be made using native token proof of stake.
  • Centralized and decentralized integrated exchange system.  
Cons
  • Little-known asset.
  • It doesn't have many use cases.
  • He currently has no successful tokens on his sidechains.
  • Some unverified developers.