Review on Startcoin by Robiul Islam
It is created to support and promote crowdfunding.
As a digital currency, unlike other authentic commercial cryptocurrencies, you are rewarded for supporting change. The more you support shared projects and the more coin you hold, the more queen you get. In its own words, its purpose is to encourage change.
Currency exchange is what the currency is gaining, it is not trying to replace the current financial system, unlike Bitcoin or other large cryptocurrencies.
Pros
- The block time on transactions is about 60 seconds and the same amount of confirmation time. This makes blockchain faster than other large cryptocurrencies.
- It uses the X11 POW algorithm and DigiShield as a resampling algorithm.
- Automatic checkpointing is another feature that has been integrated to improve network security.
Cons
- With no identification of the team behind it and most importantly the exchanges. All of which can be a red flag for investors.
