Review on SmartCash by LUIS RIVERO R

Name: SmartCash
Item: SmartCash
Rating: 3

June 20, 2019

Cryptoactive with decentralized government

This cryptocurrency focuses on the privacy and speed of transactions the system for hybrid verification something similar to Zcash. The community around this project plays an important role in the decisions made, its method of use and participation is based on the growth of the people that make up the hive, they are inspired by the organizational models where everyone can participate in Smarthive. Encouraging through smartrewards that members of the network keep their assets in their wallets, having the possibility of earning this cryptocurrency by simply keeping in an official wallet where you own the keys. In general this asset is promising, since it is committed to its stabilization and mass use where the community has the last word, for now focuses on its development and growth.
I consider its biggest problem the percentage to be distributed to the miners, it represents 5%, now it does not represent an overwhelming number but in the future it can cause certain problems, and according to data and official information there is no road map where they attack this problem, so only time will tell if it is really successful.
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Updated 5 years ago

Rating has not been changed

It recently announced its physical wallet storage compatibility.
It is one of the communities with high growth due to the importance they have in the decisions taken.
A new partner for Portugal was added making the acquisition and use of this asset easier, and traders also have the possibility of automatically switching it to Euros. This is the last partner added, there are others in Brazil, Switzerland, etc.
Despite the number of partners, there is low adoption in the markets and not enough growth.
In July there will be new tests and development implementation.
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Pros