Review on SnowGem by Pedro O. Alvino M.
Composed of an Equihash - zkSNARKs - Masternode system.
A project that is structured with a network of masternodes that prevent attack on the network and in addition to obtaining income from the contribution to the network, including an anonymity protocol and a cryptographic card wallet service that allows its users to spend cryptocurrencies in any store that is compatible with MasterCard.
Although some of its services are still in development as a payment system, its platform is constantly updating information on its functions, given that the amounts of use that Snowgem has are varied in that it will be possible to access the masternode network or establish payments and exchanges of assets in your wallets, since it can impact the market if your payment program and system is known by the crypto community
Pros
- Structured with zkSNARKs that protects encrypted blockchain transactions with privacy.
- Thanks to its algorithm protocol, it avoids centralization in the mining network.
- It consists of a masternode service that protects the network against attacks by 51%.
- Includes an application that hosts multiple assets, Asset Exchange and masternode services that include passive income.
- Through its payment system, Snowgem can be spent in multiple stores through a MasterCard debit card.
- Prevents double spending on the net.
- Payment system with global support.
Cons
- They are still in development of their characteristics.
- The acquisition of your cryptographic card is not available in some countries.
- It doesn't have a formidable community to back it up yet.
