Review on Nerva by Temitope Babatunde
Cryptocurrency For All Through The Adoption Of Nerva Coin.
The team behind the Nerva coin believe that the beauty of cryptocurrencies is to make it available to all without stress and with little cost. That is why the project is different from the system adopt by all others before it.
Introduced into the market in 2018, without any ICO but the project recieve support from some who believe in the idea behind the project. Nerva coin with XNV as a symbol is a totally privacy coin, that can not be traced and is secure based on Monero. The transactions are totally hidden. The transaction time is very minimal and the fees are very low.
It is mineable using the Cryptonight Adaptive POW algorithm. It does not required special hardware equipment before one can mine it, but ordinary computer serve the purpose and no technicality involved, just download the software into your computer and follow the set up instructions, it is electricity conservative in that it consume less electricity during mining.
The team is pushing for the adaptability of the coin into day to day activities, for example there is Woocommerce plugin for any merchant who may want to accept Nerva as a means of payment, also there is an API for developers of games, so with this there is greater assurance that the coin will surely increase in value in the future.
Presently, the coin is traded in Cratex exchange and Nerva exchange, the current market price is 0.01247 dollars and the supply is over 18million. It can be stored on a paper wallet which can be generated on their website.
Pros
- With just your laptop or desktop you can begin to mine this coin.
- Very cheap to acquire as at now and it has the potentials to increase in value in the nearest future.
- It doesn't do any ICO, so is not limited to only big investors.
- It is a true privacy, secure and fungibility coin.
- It has fast transaction time frame.
- It required small fee to transfer it within the users.
- The merchant who want to add it to their website as a means of payment has the available tools to do so.
Cons
- Mining it is not profitable for now, because of it's current price.
- Still need much publicity.
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Comments (1)
September 10, 2020
Nerva project is one of the project that has good features which includes low fee when you are transacting it, with higher security. I am of the opinion that the coin worth investing on, in the nearest feature it will increase in value because it is a great project.
