Review on IQ.cash by francis fernandez
IQCash
Within the growing market of crypto assets, more and more new currencies are emerging that are part of the wide range of investment options that users of these platforms have today; be it traders, investors or miners who are assiduous to the crypto industry. IQcash technology is based on the use of Master Nodes, known as Master Node IQ, placed at the service of users to carry out crypto-asset exchange operations. In this sense, this platform has implemented a reward system for users who have 3000 IQ distributed in 43% of the block for miners, 57% for merchants and 6% to the DAO system (Decentralized Autonomous Organization) for investments in development of software, support, websites and in general system improvements. FINEXPO clients and sponsors, such as: financial institutions, merchants' social networks, stockbrokers and other natural or legal persons related to the crypto industry will have access to the Masternodes. This gives IQcash the privilege of being one of the main companies in the crypto-asset market.
Pros
- The masternode system provides quick transactions (5 seconds) thanks to the fast exchange of data through the use of InstantSend.
- Offers confidence to its users by using the PrivateSend algorithm that grants anonymity to their transactions, depriving third parties' access to data, through the encryption mechanism that the platform performs when sending and receiving crypto assets.
- Uses the NeoScrypt algorithm; a technology that eliminates the inconvenience of increased network complexity when using ASICs in contrast to CPU usage.
- Offers a level of security for accounts; since an affiliate's account cannot be blocked and its funds are only accessible to its owner.
- It is an ideal option for traders, investors and miners.
- It is a decentralized network, whose reserve funds (6% of the block's reward) are invested in its own development and that makes it self-sufficient.
Cons
- There is a limit of 3000 IQ to obtain a Masternode.
