Review on TajCoin by Temitope Babatunde
Tajcoin, It need More Development.
First block of Tajcoin was mined in July 2016. Is one of a personalized coin named after Taj and the symbol of the coin is also Taj, probably a memeber of his family must be behind the coin because as at then Taj is just 4 years old boy. The Tajcoin is decentralized and is open source making it available to the public for auditing, this shows the transparency of the project.
Tajcoin offered two ways to mine it, through Power of Work and Power of Stake based on Blake2s algorithm, this dual protocol offered a kind of advantage for everybody to participate in it's development.
The total supply of the coin is expected to be 36,900,000 and presently over 18million is in circulation, which means almost half of it as been mined. The coin can be found in Coin Market Daddy Currencies Index and the current price is 0.0022 dollar.
Despite the current trend of the cryptocurrencies market, the coin is still doing it's best and can be found in Unamed Exchange.
In conclusion, Tajcoin can be good investment for those who want to stake it for rewards or those who are convinced that the value will increase in the future who may want to buy and hold since the price is still cheap. Those behind the coin should also do more to publicize the coin.
Pros
- It is a personalized coin, which means that the owner will give it's development good attention.
- It has dual algorithm, so that everyone can participate in it's mining.
- It might be a source of income for those who can invest.
- It is decentralized and open to the public.
Cons
- Because it is a personalized coin, if the owner decided to abandon the project, the project will die.
- Not yet on any popular exchange.
