Review on Zeitcoin by Robiul Islam
P2P version of electronic cash.
It is a decentralized blockchain, a thorn in PPC, that runs on the open source platform. Open source platform means that this service can be used without any payment. It is designed to promote equal growth of users in the financial market.
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Pros
- It is one of the fastest cryptocurrencies on the market, with around 2 minutes of transaction time.
- Its initial reliance on a hybrid coin making system has ensured that the miners are using them the most rewards regardless of the system configuration. Of course now, there are no miners by design for cryptocurrency.
- Fixed transaction fees are quite low. This enables all owners of the currency to use freely without having to worry about the cost.
Cons
- There is no detailed roadmap that can help users learn about the future plans for currency development.
- Some concerns create doubt in an investor's mind and show an overall negative impression.
