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Review on Bitcore by Farid Hawami
Bitcore brought some improvements and better-adapted functions for scaling…
Bitcore brought some improvements and better-adapted functions for scaling transactions within the blockchains. The features include:
1. Bitcore has successfully integrated SegWit and Bloom.
2. Larger block size (10 MB + 10 MB SegWit).
3. Fast average block time of 2.5 minutes.
4. Bitcore uses InstantX for lightning fast transactions.
5. Bitcore has been launched without an ICO.
Pros
- • Hybrid Fork: The major advantage of Bitcore over other forks is that there is no history on the blockchain. • Fast transaction speed • Low transaction costs of $0.003 USD per transaction • BTX has a narrow blockchain of approx. 1 GB at the moment. This is huge compared to other forks that have 120+ GB.
Cons
- • Short roadmap: If we now look at the roadmap, we see that it has been worked out until the end of 2018. This worries me, as soon as you invest in a coin you want to see the long-term goals of the company.
