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Portharcourt
4 Level
131 Review
102.5 Karma

Review on Nerva by Paul Maduagwu

Revainrating 3 out of 5

Nerva looks good.

Nerva seems to be focused on online shopping. On quite a number of online shops Nerva is available to pay on Checkout. The coin has its own blockchain and an average blocktime of 60 seconds. Good enough for easy/simple transactions. Being based on Monero, Nerva protects the privacy of your transactions too.
Nerva's main usecase is for making payments. It uses PoW consensus, hence it can be mined for passive income. With their aim to bring Nerva to every computer, the coin is GPU and ASIC resistant and can be mined by CPU's only. This boosts decentralization and is one feature of the coin i really admire.
Nerva is a good option to mine. There would be less competition on the network from mining farms since its GPU/ASIC resistant. This project looks good, might get some after this review.

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Pros
  • Nerva has its own blockchain.
  • ~60 seconds blocktime.
  • Mineable.
  • Available on ledger Nano S.
  • Waller support for major Desktop Operating systems.
  • Wallet support by some popular 3rd party mobile wallets.
Cons
  • Only listed on a handful of Exchanges.
  • Their official nervashop website seems to be offline.
  • Low social media presence.

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