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Review on Terra by Douglas Cachazo

Revainrating 3 out of 5

Terra LUNA: Payment platform

Financial project developed by the community is a payment platform with a considerable volume of transactions, its operation is based on node technologies which makes it fast and scalable, allows atomic exchanges and that any user can generate intelligent contracts in its chain of blocks, likewise create new currencies, its functionality is available in few countries, more than anything is oriented to Asian countries, to interact with its platform you must download your wallet.
One of its objectives is to equalize centralized finance applications with decentralized
It is developed by the community in a totally open source environment which rests on its Hithub repository
The community relies on social networks to promote the platform, which they use heavily, but they have not developed a website which is vital, the only thing that exists is a site with scattered links,




Pros
  • Allows any user to create intelligent contracts
  • Take the good things about CeFi and put them into practice
  • Strong use of social networks
Cons
  • Lacks a robust website
  • Available in a few Asian countries

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