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İstanbul
1 Level
754 Review
1052 Karma

Review on WhiteCoin by Özgün A

Revainrating 4 out of 5

Use blockchain's strengths

Whitecoin is a crypto money project built on blockchain technology that allows multiple uses. XWC is the local cryptocurrency.
The purpose of Whitecoin is a block project created with the aim of removing obstacles and restrictions on the use of your assets. This system is used in conjunction with advanced algorithms. Uses Proof of Work and Proof algorithms in harmony.
Whitecoin is a system that uses multi-tunnel blockchain communication. With this algorithm, laws or governments are prevented from restricting you and you can make your own transactions on each block. By creating cross chains, blocks are created between individuals for each transaction and transactions are carried out. After the contract (work to be done) between the persons is completed, these blocks become self-destructive and not followed. Thus, transactions are more efficient, safer, faster and completely under your control.
img 1 attached to WhiteCoin review by Özgün A



Pros
  • Contracts are created very quickly as transactions are P2P Blocks are automatically created and automatically destroyed within the ecosystem
  • The project can be used in many business contracts, its area is very wide
Cons
  • I think the project still has some shortcomings