Masari is an open source project with similar comparisons to bitcoin because it does not have any central authority.
It boasts of services such as UNCLE mining (when more than one child block is created from a parent block), a web wallet, and PoW sharding.
It is a fast and secure private platform that enable users to send money globally with low fees. With the way things are going, MSR is expected to soon become a scalable currency. Currently, Masari (MSR) price is $0.0206499 USD and a circulating supply of over 14,000,000 MSR coins.
Masari's network protects investors privacy in the following ways:
1. It anonymizes the sender to by hiding the sender among other transaction outputs.
2. It hides the receiving address of all transactions.
3. It does not display transaction amounts.
Benefits of trading on Masari
Network
1. Fungibility
It is a fungible form of currency. This means that every unit can be substituted by another unit.
2. Fast Transactions
Uncle mining securely reduces block time to 60 seconds, compared to the 120 seconds present in other CryptoNote coins.
3. Low cost of transactions
Transacted funds will be sent and received at a minute (minimal) fraction of the cost.
4. Secure
Masari is highly secure as it uses the LWMA algorithm to address the problem of flash mining so as to keep the mining profitable and secure the network.
The Masari web wallet is user friendly. This means that users are able to interact directly with the blockchain. This will enable users to safely and effectively transact money anywhere and anytime. The wallet is available on Windows, linux, Mac, and android
Although the MSR to USD exchange is low at the moment, it is expected to keep improving at a steady rate. At the end of the day, holding MSR will be worth it.
The graph below shows the highs and lows of MSR within a 24h period (23rd August, 2020 to 24th August, 2020)