Review on MFCoin by LUIS RIVERO R
This cryptocurrency is little known. With little use.
Basically they intend to create a decentralized jurisdiction based on decisions and votes by all users using blockchain, their philosophy was born by the current world crisis and by the high levels of corruption since all decisions fall on people and these are easy to corrupt, In this sense, MFCOIN becomes a digital alternative that will allow agreements between all parties.
Its structure is designed to function taking into account each of the parties, since it offers financial services in addition to the execution of smart contracts, and each movement taken in this network must be submitted to a vote, each user is important.
Its technical characteristics are; In a POW and POS hybrid block verification system, each block is theoretically processed every two minutes with a reward of 25 MF.
In general, this project is really hidden since the information on it is scarce, also it does not have many cases of real utility only as exchange and mining currency, in CMC it is in position 1571 it has a daily volume that barely exceeds 100 $. Little known current problem.
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Pros
- Highly decentralized in the decisions made.
- I offered financial tools and products.
- This network executes smart contracts to process the data between the parties.
- Your wallet is available for most devices.
Cons
- Really low daily volume.
- Little known cryptocurrency.
- It does not offer really new august to the market in general.
