Review on Kyber Network by Gabriel Medina
Project with good liquidity
Kyber Network becomes a liquidity protocol in each that promotes the exchange of tokens in any decentralized application. It was created in Singapore. Its trading platform has a token called Kyber Network Crystal (KNC). This platform will allow us to exchange digital assets quickly. It has a dynamic reserve pool to secure the network and is under the control of a Kyber smart contract. Its objective is to end the centralization that is taking place in the blockchain such as security vulnerabilities, slow transactions, increased rates and costs, among others.
Pros
- Nice and effective for developers.
- It allows us to quickly exchange different tokens.
- Seeks to fix problems on the Blockchain.
- It has an impressive security system.
Cons
- It has very serious competition due to other similar platforms.
- It does not have the necessary publicity to attract more people.
- It has been limited in some countries.
