Review on Index Chain by gregori cordova

Name: Index Chain
Item: Index Chain
Rating: 4

February 10, 2021

a primarily privacy-based blockchain that enables various mining systems.

in the blockchain environment, projects that base their philosophy on the privacy of users to keep them safe from the criminals that may be on the internet are increasingly recurrent. An example of this is the Index chain project, which is not only a decentralized project, but has the particularity of simultaneously offering the 3 most common types of mining on the market: POS, POW and Masternodes. Anonymity and privacy are the strong point of Index chain, and all addresses and amounts when trading, remain hidden and cannot be traced. In addition, the project uses the use of Tor technology together with IDX that provides extra layers of security and anonymity when making transactions, hiding the addresses to cybercriminals who can track IP addresses. The IDX cryptocurrency of the platform can be mined in any way, being Masternodos the most lucrative option, since it offers its users rewards of 70% of the blocks mined and through Pos and Pow 15% each respectively. As for the Pow technology, x16rv2 hash technologies of the ravencoin network are used, which, unlike the Asic technology, allows to maintain the total decentralization of the network.
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It is a project with a total focus on privacy, whose primary objective is to give users an environment of maximum trust when carrying out their transactions and that has all the conventional mining systems on the market. Although it uses novel features, there are a large number of projects that focus on privacy, so they must continue to be constantly updated to survive in the current market.
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Pros

It is a platform with total focus on privacy and the extra security options offered keep users totally anonymous.
Although platform masternodes tend to be more expensive, they offer much more lucrative rewards than Pow and Pos mining systems.
Cannot track amounts sent or addresses using this blockchain It is a much more scalable network than some of the usual ones in the market since it can handle a greater number of transactions and much more quickly when doing them
They have a good management of social networks to keep users updated on all the innovations about IDX
They have a wallet available for Linux, Ios and Windows operating systems

Cons