Review on Zeitcoin by Syed Adnan
Funding project.
There are mixed opinions about it. Although one group of traders see the currency as worth investing in, there is another group that refuses to invest, which is pretty much the story of almost every cryptocurrency if you think about it.
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Pros
- Decentralized blockchain is secure, with funds stored using public key cryptographic systems like many other cryptocurrencies. Only users with a private key can transmit cryptocurrency.
- Like other cryptocurrencies, blockchain accounts and transactions cannot be easily identified with real-world entities. There is a map address where the coin is received in the wallet.
- Each transaction is confirmed in about 2 minutes.
Cons
- It aimed majorly at charities and small-scale businesses.
