Review on BitStash by francis fernandez
promoting integrated blockchain services
For those who prefer the simplicity and functionality of a cryptographic platform; The creators of BitStash have launched this non-custodial protocol that offers basically three main services:
• Manager of sending and receiving digital money
• Payment instrument to purchase goods and services
• Financial instrument for commercial exchange
How can we describe this ecosystem?
BitStash creates a decentralized economic system that consolidates sellers and consumers of goods and services under its infrastructure, for their interaction easily and safely, due to the use of blockchain technology.
What technology does BitStash use?
In addition to its peer to peer network that allows direct communication between its servers; BitStash uses the technology and flexibility of smart contracts and x86, to promote the efficient management of its functions, product of the use of the Ethereum virtual machine.
Regarding security; BitStash uses the UTXO model to safeguard the output of its network operations.
What is the currency of the network?
BitStash uses its STASH cryptocurrency to monetize the operations executed by the users of its platform.
STASH has a set low maximum supply; and currently has a low market value; However, it has a large infrastructure to efficiently carry out transactions on the BitStash chain.
BitStash guarantees the freedom of your network, due to the use of the non-custodial government system DGP (Decentralized Government Protocol).
BitStash is useful for both business and personal finance and investors.
Pros
- Allows you to send and receive digital money worldwide
- Used to acquire goods and services through a cryptocurrency
- It allows to carry out commercial exchanges in the cryptographic market
- Boosts network efficiency by operating under a peer to peer model
- Creates a secure open trading system between sellers and consumers
- It is a protocol without third party intermediation
Cons
- The currency is subject to value volatility
- It has few utilities or uses
- Does not currently have coins on the market
