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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Scala by LUIS RIVERO R

Revainrating 3 out of 5

A cryptocurrency to experiment on the blockchain, fast, anonymous, and cheap.

This is a blockchain that focuses on the privacy of transactions, decentralization and speed without neglecting the security of the network against attacks or possible double spending.
Being a chain developed from scratch, I consider that one of the fundamental aspects is the storage wallets, this case has a wallet for android phones, easy to use and practically not heavy.
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In general, it is interesting for new to the crypto world since they can start from scratch including basic mining with its protocol, it is really easy to use, the entire scala ecosystem is really simple, it does not yet have a large community and the truth is not It is possible to know what will happen with this project in the future since everything will depend on its general adoption. At this moment it is in the position 1044 of CMC, since its launch for the first holders to mean more than 70% loss of its value.
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I consider this coin to experience that as a long-term investment.

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Pros
  • Anonymous transactions.
  • Possibility of extracting from pc or mobile
  • Algorithm developed for a more efficient consumption of energy.
Cons
  • Little return for investors. also listed in a couple of low-volume exchanges.

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