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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on UniversalEnergyChain by LUIS RIVERO R

Revainrating 3 out of 5

Good protocol however there is a lack of data on the pro...

Decentralized platform, for now in tests. In theory, like other projects, it allows using this chain of blocks safely. The type of mining is not competitive which makes the creation of many nodes more feasible since the ROI gains will be the same for all.
This generally creates a highly decentralized network driven by rewards for everyone.
What makes this project different is its block verification protocol, since it has an algorithm designed by UENC based on a mesh network that will allow everyone to obtain profits and a highly decentralized network.

Some considerable aspects:
The website has an unsecured notification.
There is no data on its developers or team.
Trade this currency with caution.





Pros
  • Good return for keeping the network decentralized.
  • Highly decentralized network with an algorithm designed from scratch
  • Highly scalable chain and low fees.
  • It admits tokens in its network, and with these you can pay transaction fees.
Cons
  • It is still in testing, it is currently an ether contract.
  • It is listed on few exchanges.