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Review on NavCoin by Alex Martakov

Revainrating 5 out of 5

The exchange value of these digital money on the basis of innovations by the…

The exchange value of these digital money on the basis of innovations by the end of 2017 showed a significant growth, maintaining the corresponding trend with inevitable adjustments. Such factors create favorable conditions for investment on a short-term and long-term basis. However, analysts warn about certain risks of such investments due to high competition and the complexity of the technical implementation of the declared functionality.



Pros
  • (+)- fast transactions at a high level of scaling, the processing time of transfers takes up to 30 seconds; (+)- Protocol Proof of Stake, which allows without investment in computing power to earn coins on the basis of their investments – up to 5% per year; (+)- environmentally friendly system that does not require support in the form of huge computing power and energy; (+)- a decentralized system with transaction encryption to ensure anonymity and independence in the use of digital money; (+)- multifunctional and multiplatform wallet, the interface of which is simple and intuitive; (+)- a clear development plan and active work on new projects.
Cons
  • None