Review on PRIZM by Sheila Cova
Prizm
PRIZM allows all token holders to mine PZM coins using a proprietary technology called paraminization. The project runs on its own blockchain and already has a multi-coin wallet for desktop and mobile devices.
Losses from April 1 to 16: 38%
Market Cap: $ 49m
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Pros
- The Prizm wallet ranked fifth, within the 20 best cryptocurrencies of the year 2020. Information released on April 18 of this year.
- Prizm (PZM) has a current market capitalization of $ 0. Its price is 5.74% more in the last 24 hours.
- PRIZM is an open source cryptocurrency based on the NEXT kernel. The PRIZM architecture is built in JAVA. It has a proof of stake (PoS) consensus mechanism that varies slightly from other PoS algorithms. It is designed to be more resistant to attacks against the network. PRIZM has developed the concept of paraminate, which helps the network achieve consensus and encourages community participation.
Cons
- PZM experienced a strong period of growth in mid-February, when the price rose to $ 0.38. Since then, everything has been downhill, down to $ 0.38. Overall, the coin lost 90% of its value in two months, and it has been gradual, a bad sign. Despite the fact that the Prizm wallet has garnered positive reviews, a wallet alone will not help the project grow again. For now, PZM could be a buying opportunity, but only if you have money are you not afraid of losing.
