Review on MintCoin by Gabriel Medina
Solution for excessive consumption in cryptocurrency mining
This platform and cryptocurrency was ecologically designed for the purpose of operating for safe energy savings. This will serve as a great store of growth value to increase the efficiency of transactions that occur on a daily basis, all of which practically saved our planet earth from mining operations that consume too much energy. It will also be used for the monetization of operations, facilitation of the exchange of virtual assets, all completely decentralized and without so many commissions.
We have to understand that there is excessive cryptocurrency mining where a lot of energy is consumed in these mining operations around the world and this dwarfs energy use on an annual basis. That is why this platform was born to solve the costly dependency on blockchain networks built on top of an energy-hungry mining platform and create a blockchain that is green and efficient enough for daily transactions and as a store of value.
In short, it seeks to reduce energy consumption that mining networks demand so much. The cryptocurrency was designed to be as low as possible in terms of energy, which makes faster transactions possible.
In general, it will allow us to carry out transactions quickly and for free with low energy consumption. In addition, since it has no owner or holder, it can have a high level of decentralization. It is a decentralized system with low commissions, protocol without governance and an open source platform where everyone can have access.
Pros
- Cryptocurrency for energy saving.
- Instant confirmation transactions.
- Decentralized and open source not subject to any central authority.
- Rewards for supporters using the network.
Cons
- The cryptocurrency is not very well known and does not have a striking price.
