Review on Ryo Currency by Pedro O. Alvino M.
Anonymous and fungible cryptoactive
Made to stand out in the anonymity area when it comes to trading with the currency, made up of RingCT, which allows anonymous transactions on the network, it can be useful in terms of protection to who makes the payment, in addition to hiding the ID of the transaction is impossible to trace.
Given this, the large number of coins that also have anonymous functions must also be considered, and this means that few people can know about the project.
Pros
- It has one of the highest levels of privacy.
- Hide the ID of the payment made
- Integrated with a Cryptonight-GPU algorithm.
- Really fungible cryptoactive
Cons
- Numerous competitors, since it is not the only currency intended for privacy.
- Little usability, stands out in the low volume of the market.
