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Venezuela
4 Level
492 Review
2327.25 Karma

Review on Volume Network by Ernesto Palma

Revainrating 4 out of 5

Volume Network: executes the market process very well, allowing a high transfer rate.

Volume Network (VOL): is a project that executes very well the market processes, allowing a high rate of transfers with a solid presence in the market, it is a decentralized project with a different business model applying the massive adoption of its currency as a means of payment, counting with very stable commercial characteristics it is a commercial asset with a high efficiency in tractions, is considered an open source project that runs stable market protocols, allowing to support a large number of operations within its trading network, this is united with the blockchain services network, resulting in a secure space with an average level of encryption and achieving potential trade operations, is a project that aims to offer various types of solutions to any type of problem that may arise in the network or in the network of commercial operations, is a project that allows using consensus mechanism idea for the mining section, achieving a higher level of security and allowing greater efficiency in the management of the blocks, one of the strongest points that applies is the process of ecological mining does not require such a high level of electricity to run the mining processes, that is important today because it is necessary to economize resources and take care of electricity, is a project with a solid commercial future.



Pros
  • It employs the use of more balanced technology that is more conscious of the high energy consumption that mining protocols can produce.
  • Its currency is used as a stable means of payment, it is presented in trading houses with a high rate of daily exchanges.
  • It is a project that has modern technologies, and can easily support many simultaneous transactions.
Cons
  • It is a project that can fall into commercial devaluation, it must refresh its presence in the market and sell a more profitable business model.