Review on GCN Coin by Japheth Ayuba
Transaction cost is a near 0. Usage though is a problem
Circumventing the entré of cryptocurrencies and adoption, coin forking and upgrades, need for improvements in facilitating daily transactions came the Advent of the GNC coin. The coin came as a fork of Litecoin. Many do understand that Litecoin has a very fast transaction speed and low cost is usually associated with it's transactions but GNC still sees a need to improve the quality so therefore, the fork. Since GNC came to being, the cost of making transactions on its blockchain is a near 0 cost. When I say near 0, GNC amplifies it's near 0 cost. If one checks the value of the coin and compares it with the transaction cost, you can see that you are not even spending anything. This is one major reason to why I see GNC as a game changer in transactions facilitation.
Many people might not be interested in this project or it's use for facilitating transactions due to the low number of exchanges that supports it trading. The token is even of a very low value. SouthX exchange is the only external exchange trading the coin alongside it's very own exchange platform.
Pros
- GCN coin with a high supply and low value makes it very cheap for running transactions
- The coin can be mined using mining equipments
Cons
- There's a small number of exchanges listing this coin for trading
- Many major wallets do not support the holding of this coin
