Review on Kyber Network by José A Rodríguez
Kyber Network: A Blockchain with an Open Source to Boosting Autonomy on Digital Protocols
Decentralized platforms are becoming something more usual now. It is true that since the beginning of cryptocurrencies in the digital world, everything used to round about it, but now it is even more common to see how many blockchain projects have been created following that feature to take with them better possibilities where users can trade and enter the e-commerce reliably and with total autonomy.
Such is the case of the Kyber Network that has been created with an exhaustive effort to become a Decentralized platform that during years has been applauded because of the good liquidity of its services. Working through a great selection of internal networks, it provides users with the necessary supplies to have assessed to the trading and swapping actions. But to start doing that process the platform runs through a pool, this is something not common in a Blockchain but this one is particularly useful despite all. I can say it that way because it is a pool available for everything since it is not like the common ones, but a set of protocols with services for wallets, exchanges, and DApps.
This platform counts with a reserve, as the company intents to explain, although I consider it is like a kind of representative fund that is divided into four main sections. I like it because through and organized way everyone and everything can be rewarded. So, liquidity can go directly to the physical providers that work as developers as well as those who are holding tokens for trading, but also for digital sections that include the network and the administration of tokens.
Another good thing about it is that the company has an open call for all users where they are commanded to build. Of course, this is just for those who are professionals on the field, but working like this can open a good road of success for the decentralization the company offers. Overall, it is an excellent product with service and operative for every single company that belongs to the previous categories explained. I like it because some good wallets are available, as well as services for trading, and decentralized apps. The last one is even more impressive since the company have an open resolution for well-known games and other leading companies on the field.
In conclusion, the Kyber Network seems to be very complex to manage, in fact, it is since some of the features were designed for active developers. However, this product is ideal for everyone wanting to unlock success in the process. I recommended and I also join to the projects. The first step I am able to take is to follow the company through the different community where they are available because I consider it necessary to know other User's perspective about the functioning of the page.
Pros
- With the current updates, it now permits new integrations for great leading companies. Almost all good protocols running in the marketplace are available for becoming of service on this blockchain.
- It is a trustworthy service with an ideal. A program that covers safety, reliability, and autonomy. Users can easily enter the platform and choose the most suitable option for what they require to do.
- The network runs with a good technology program that is able to simplify the process of protocols linked to it.
- Beyond partnerships and support, the company brings welcome to different projects that are well-known by developers, and protocol-builders.
Cons
- With the attention the company puts on the creation of open-source protocols, they tend to forget how it can work for every section. It means, there have been issues when mixing programs that are not compatible with wallets and Dapps.
