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Review on Trinity Network Credit by Slobodan Malisanovic
Trinity delivers a scaling solution for NEO which allows it to make fast, cheap…
Trinity delivers a scaling solution for NEO which allows it to make fast, cheap, and private transactions. Their headquarters are literally next to the NEO team in China so they work closely and compliment each other well. They also have a mobile application and PC version of their app. With Trinity you can create a private channel between two individuals and make private, fast, cheap transactions instantly.
Pros
- Payment channel/solution for NEO offchain scaling solution for NEO (In more simple terms, trinity allows transactions to be made off chain through a smart contract, you can do multiple transactions when you’re off chain which means super-fast processing times and cheap compared to on chain transactions which are much slower and more expensive) Lightning network for NEO and its decentralized applications, kind of what Raiden has done for Ethereum, it will make NEO run much faster. Trinity will be great for instant, cheap and private transactions Users get rewards for holding and using trinity tokens Great team (All block chain experts) CEO was a former antshares manager and 3 excellent advisors You can find interviews with CEO on youtube, also there are youtube videos that demo how Trinity works in action.
Cons
- Circulating supply will increase each year until total supply is reached which I believe is 1 billion after the fifth year. Big competitor out there is Litecoin (LTC) which is already established After looking at the demo, it may be more complicated for beginners so they will need to simplify their app and how to do transactions.
