Review on Pirl by francis fernandez
digital gateway to link e-commerce actors
Currently, the use of electronic commerce is inevitable, even more so in this time of mandatory confinement due to the COVID-2019 epidemic that the world population has been experiencing since the end of 2019.
There are many cryptographic platforms that allow electronic commerce; however, some have particular characteristics that make them worthy of the preference of their users. This time, it's about Pirl.
Pirl is a cryptographic payment gateway that aims to simplify payment processing between sellers and consumers, through the use of secure distributed ledger technology, which guarantees the inalterability of commercial operations.
What characteristics does this platform have to catch its users?
• It grants autonomy to its community by handing over its governance, using the nominated Proof of Stake (nPoS) consensus protocol. This allows the network to maintain a government system without central control, trustworthy and with total transparency.
As for the validating members, it is made up of the central core of the nPoS protocol; which are deserving of rewards for mining and user fees.
The validators work in a coordinated manner with the nominators. These are responsible for providing greater security to the network by incorporating greater participation. For their work they get rewards for the blocks generated.
• Its treasury receives 80% of the commissions for the use of the network in trade transactions. This guarantees you control of financial resources to support the development of new projects.
• Offers an easy interface with your web platform, through the navigation panels
As we have observed; Pirl provides important privileges to members of its mining industry; which makes it attractive as a source of income for those who wish to generate profits by this means.
And for those who use their network as a digital payment gateway; represents an affordable and efficient tool to safely and successfully execute your business transactions.
Pros
- Simplify e-commerce
- Automated payment gateway
- Free access encryption protocol
- Reliable payment network
- Empowers the community in the direction of its network
Cons
- Unstable value of the currency
