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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Golos by Robiul Islam

Revainrating 2 out of 5

Don't see a major long term growth.

Similar to the Steemit platform, it also has a rewards system in which users are rewarded for their upgraded content. The platform seeks to encourage content creators to create high quality content. This is accomplished through a systematic voting process that rewards creators of platform users with native tokens, and helps promote and promote quality content.

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Pros
  • The entire blockchain is decentralized and out of control of any single team.
  • It uses both POW and POS as its sensible mechanisms.
  • The platform consists of rounds of 21 blocks where 21 representatives are selected by vote of the token holders once per round to validate the transaction.
Cons
  • Since January the price seems to be again on declining path.