Review on Obsidian by Fabrizio Zampieri
Obsidian is a proof-of-stake (PoS) blockchain founded in 2017. You do not need…
Obsidian is a proof-of-stake (PoS) blockchain founded in 2017. You do not need a supercomputer or specialist graphics card to stake Obsidian coins. In fact, it's possible to stake ODN on a low-cost Raspberry Pi.
Main Obsidian feature is mobile application Secure Messenger, an anonymous, encrypted communications application which makes use of the Obsidian blockchain.
Obsidian is developed and maintained by a globally active development team (individuals, groups of developers, advisors, agencies, community members and contractors).
Users can earn ODN cryptocurrency in different ways:
- Buy ODN by an exchange
- Get ODN by completing community bounties
- Stake ODN in official Obsidian wallets.
Obsidian (ODN) is a cryptocurrency. Obsidian has a current supply of 104 352 026 ODN with 64 845 678 ODN in circulation.
ODN is tradable on HitBTC exchange.
Pros
- - Through staking process ODN holders can easily implement in an official Obsidian wallet (a very small amount of energy is required to facilitate staking Obsidian coins). - ODN Rewards (the more ODN you hold in your wallet, the more staking rewards you will earn). - Many Obsidian wallets available (Linux, Apple MacOS, Microsoft Windows
Cons
- - Very negative Obsidian ROI -98,77% (the approximate return on investment if purchased at the time of launch). - ODN current quotation is heavily understimate. - Project not yet mature (early stages).
