Review on G999 by Özgün A
Building of the future blockchain technology started
G999 is a project that works with blockchain technology and creates a global payment system infrastructure.
It finds a solution to the scalability problem with the P2P payment system. Cash transfer transactions are very fast and efficient.
In fact, the G999 system is a combination of blockchain technology and today's payment systems. In money transfers between wallets, transactions are protected by special encryption methods.
Some of the features of the G999 system are;
1) You can send money directly without an intermediary.
2) Transactions are processed instantly.
3) You can trade anonymously.
4) People using this system receive rewards from each other for transactions made on blocks (receive a certain percentage of the reward).
In the G999 system, there is no intermediary, peer-to-peer transactions are made, but your money is not lost in this system. Very low transaction fees are one of the best features of this system. Payments are sent directly from one person to another, differentiating from blockchain technology with this feature. In blockhain technology, it must go through many approval mechanisms.
The project is still under development. You can contribute to the development of the project by joining G999 communities.
I see the G999 system as an improved version of blockchain technology. I think this and similar systems will increase more in the future.
Pros
- There is no possibility of hacking as transactions do not have a confirmation mechanism
- You can send audio or email on blockchains
- Transactions are carried out in a system that is closed to environmental interventions
Cons
- -
