Review on Nasdacoin by Pedro O. Alvino M.
Cryptographic virtual currency developed with the scrypt algorithm
A currency designed with the Scrypt algorithm, it has the function of establishing payments and Exchanges on its platform that allows a constant flow of financial movements in its currency, since at its launch it had a positive boom placing the price of its currency greater than $ 6, but in the last few months it has only been down since then.
With an electronic commerce section in which you can buy different products through the project currency (NSD) although it may be altered since the volatility of the currency is present, however the platform minimizes the risks of volatility to all its participants.
With a hybrid model with PoW and PoS, it has adaptability in mining, since it can be mined with both PoW and PoS, where both contain different moderate incomes.
Pros
- It is developed with the Scrypt algorithm in the hybrid POW / POS format.
- It is completely open source
- It includes anonymous functions in your system.
- It is fully adapted for any miner with a PoS or PoW system.
- It works as a payment method on your e-commerce platform.
- It includes an Exchange on its platform and it also has a mobile application.
- Possibility of transforming USD into cash through the issuance of your cryptographic card.
- Most of its network fees and transactions on the platform are very affordable.
Cons
- It has had a decline in its price since last year (2019).
- Your home page does not set roadmap usage information updates.
- Few community supports the project.
