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Nepal
1 Level
453 Review
106 Karma

Review on Trinity Network Credit by Syed Adnan

Revainrating 3 out of 5

Scalability and privacy protection for assets.

This is a young class of cryptocurrencies that provide off-chain scaling solutions for the NEO blockchain. It uses state-of-the-art channel technology to provide off-chain scaling solutions to the public, especially the NEO blockchain. These tokens act as utility tokens that can be used to execute all transactions, value added service activities, fees, contribution rewards, etc. on the platform.

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Pros
  • It solves the blockchain scalability problem of NEOs using off-chain transactions. It lapses during the confirmation period and helps with real-time payment, with lower transaction fees, regardless of the number of transactions on the network.
  • All logic levels are completely decoupled from each other. This way they serve the dApps independently. It facilitates crosschain transaction services.
  • It can be used to create a p2p and global payment infrastructure using the NEO enhancement proposal token (NEP-5).
Cons
  • This could turn out to be a better long-term hold than just any other pump-and dump scheme.