Review on EverGreenCoin by phuong cong
An age-old project of an environmentally friendly currency
According to the introduction from the project's whitepaper, EverGreenCoin is a coin created as an eco-friendly currency, an environmental movement and paradigm change.
This coin uses the POW and POS algorithm.
Basically, this coin has an open mechanism developed from Bitcoin, they retain the advantages of Bitcoin as decentralization, fake anonymity, global transaction capabilities.
However, the coin uses environmentally friendly engineering designs instead of using a lot of energy.
Supported coins are stored on the private wallets they produce including Android, Linux, Mac, Window.
The team found the project with Steven Saxton as president and CEO.
Some of the rewards for users who hold stakes of this coin are mentioned in the project whitepaper.
Pros
- The idea of the project team is good, focusing on developing a blockchain that both retains the advantages of Bitcoin as well as designs the production of an environmentally friendly coin.
- Project to develop its own blockchain, with its own wallet to support multi-platform coin storage (Android, Window, ..)
Cons
- Website and whitepaper interface is outdated, with no accents
- The coin has been delisted on many exchanges and is currently only traded on a small exchange with a volume of less than 50 USD.
- The roadmap is not clear and has no links to the development stages of the project
- The project's transaction explorer runs on an insecure domain, languages other than English added to the website are incomplete.
