Review on Mcashchain by francis fernandez
Mcashchain: a chain of blocks as a universal electronic payment method
Every day we are witnessing the launch of digital assets in the electronic market that seek to consolidate itself as the means of payment for universal, fast and economic use of the great masses.
In this search, there are many projects that have tried to obtain privileged places in the cryptographic market ranking. The founders of Mcashchain decided to undertake this challenge.
Mcashchain appeared on the market in June 2019 as a decentralized blockchain that serves as an electronic payment mechanism to carry out electronic operations quickly and without the cost of fees; allowing a virtual economy without limitations.
The digital currency is represented by the acronym MCASH and has a maximum supply of
What is the consensus protocol you use?
Mcashchain has its own blockchain and uses the DPOS (Delegated Proof of Stake) consensus protocol.
DPOS is a consensus protocol that allows the blockchain to be highly scalable and also provides security to the network through the use of BFT (Byzantine Fault Tolerance). DPOS is also responsible for the selection of delegates; which will have the power to create the blocks of the chain. During mining each delegate is responsible for generating a block in each production cycle.
What are the characteristics that we should know about this platform?
Mcashchain constitutes a robust infrastructure mechanism that grants it some particular distinctions:
* It is a tool for making instant transactions.
* The transactions are executed without the payment of commissions in the network.
* It is a cryptocurrency that can be mined with a hardware of at least 100usd per month.
* Offers instantly cleared rewards at MidasWallet.
* It is cross-chain compatible to trade with Unidex as an exchange.
* Features Mcash dApp Studio for intuitive application programming.
* Your system lockout time is 3 seconds.
* It has a 64 supernode node system and unlimited stakeout nodes to operate as a robust system.
Pros
- Allows you to carry out transactions in real time and at no cost.
- It has a mineable digital currency.
- It has a system of large nodes and supernodes.
- It is a highly scalable blockchain.
Cons
- Its market value is still very low.
