Review on Zelerius by Victor Nnamah
Zelerius; I hope it turns out to be a good project.
With the little knowledge I have on Zelerius, Zelerius is a decentralized and open source payment system that allows anonymous payments based on blockchain technology, it has been existing since 2018 and there are still on-going developments on its platform.
It aims at enabling simple and fast payments on its easy-to-use interface, it also claims that transactions are confirmed in just few minutes. It uses uses proof-of-power as a consensus mechanism but I don't really like the look of its interface.
Although it seems to look like a good project but when I made a deeper research on it, on the other hand, it appears to be an idle project. It has its own token, ZLS, which is also inactive on many exchanges and market. Moreover, I got little details of ZLS on coinpaprika and coingecko, ZLS has no ranking and I know many of you would not like the sound of that.
In conclusion, there are no enough details of this project, since I can't afford to take any unreasonable risks I would not advise anyone to try it out but if you insist you can make your own research on it to enable you make the right decisions.
Pros
- It enhances data protection.
- It pursues a good vision.
Cons
- It is inactive.
- It looks like a scam.
- It is still developing.
- ZLS can't be stored on hardware wallets.
