Review on Hellenic Coin by Pedro O. Alvino M.
Incentive payment currency.
A project with an excellent track record in the market, its services are mainly focused on a currency as a payment process, so that the HNC currency will serve for normal users and merchants as a payment currency for products and services.
Depending on the architecture of the network, it has its own blockchain with a high percentage of transactions per second, so this will help to have a faster time when canceling products with HNC.
The utility of the currency is still very low, given that it is only maintained as a payment currency, which can collapse the project due to the large amount of currency in the market that is used as a means of payment, however the project reflects an incentive mechanism by the HNC which can attract the attention of many merchants and a mechanism that very little is seen in payment currencies.
Pros
- Provides a payment ecosystem with incentives.
- Its X11 SHA3 based consensus algorithm provides a great layer of security to the HNC network.
- Its network supports over 10,000 transactions per minute.
- The economy of the currency has an excellent performance in the market.
Cons
- The project is under development.
- The profits of the HNC coin in the HNC revolution ecosystem remain small.
- There are already several currencies as a means of payment in the market.
