Review on Mithril by evita parra
Mithril a social network to earn cryptocurrencies
Due to the power that social networks have taken and their influence on the public; crypto entrepreneurs have focused their projects on these masses.
Mithril is a digital gateway that links social media users with blockchain technology to create a content exchange system in exchange for payment in its native MITH cryptocurrency.
The MITH token is the fuel of the Mithril platform to give back to users who contribute content to its platform.
Mithril is a network of decentralized operation; In other words, it is not regulated by any entity or body; which represents a great advantage for its users.
Why choose Mithril?
More than a social platform, Mithril is an ecosystem that offers multiple benefits to users and investors, such as:
• It has a wallet within its ecosystem that allows the user to convert cryptocurrencies.
• Allows investors to place bets on cryptocurrencies
• MITH digital currency is traded in the most popular crypto markets
• MITH can be exchanged with various cryptocurrencies and subsequently converted into FIAT money.
• Serves as a form of payment to purchase goods and services
• Social network users can earn income by sharing useful information on the network.
What consensus mechanism does the network employ?
The Mithril chain employs the Proof of Stake consensus protocol. Through this system; the participation of the miners is contingent on the amount of MITH they possess.
Pros
- Used to obtain goods and services
- Allows asset staking
- It is a social platform without third party control
Cons
- Unstable value of the currency
