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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on SafeCoin by Pedro O. Alvino M.

Revainrating 3 out of 5

Project developed in the community composed of a system of validators in the network

Started as of 2018, the SafeCoin project was developed from the community, in such a way as to allow decentralized totaling ecosystem where all participants will obtain equitable benefits when executing a validator on the network.
Composed of Privacy Protocols from Projects Baso such as Komodo and ZCash, with that of Cears and Ecosystem that compatible with Defi protocols and has interoperably in other chains of decentralized financial services, with the promontrato fins still mayor the demand for project services and the use of the currency safe.
Currently, the project is under development, so the project still does not have its services completely and the most important, as far as it resides only in the valuer system that allows users to obtain reward in currency safe, which given Its economy and limited supply total limited generate large long-term revenues.



Pros
  • Designed as a decentralized project without ICO or private sales.
  • It offers greater flexibility of resources on the network than Solana.
  • It has a privacy feature of projects recognized as ZCASH.
  • The circulation of the currency of the project (insurance) is fully limited.
  • It proposes the mechanism of validators in the network that least expensive than a mining system.
Cons
  • Being a project-based project, much of the project funds are limited.
  • Even the ecosystem is in development.
  • Commercial mobility and availability of project currency is very low.

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