Review on Mithril by Alicia Winter

Name: Mithril
Item: Mithril
Rating: 5

August 28, 2018

Mithril aims to combine the popularity of social media with cryptocurrency and…

Mithril aims to combine the popularity of social media with cryptocurrency and blockchain technology, introducing Social Mining. Because of the unique reward system, there will be incentives for users to join Mithril. If they appreciate how the platform lets them interact, it will continue to grow even as Social Mining Rewards decrease.
﻿

Pros

With help from blockchain technology, Mithril will be able to ensure transactions are safe and secure for all parties involved. Additionally, the decentralized data storage technology of the blockchain allows for trustless, immutable, and efficient recording of transactions.

Cons

The ultimate goal behind Mithril is becoming the most optimized and best blockchain for using social network applications. This is why Mithril’s ability to integrate with existing major social media platforms is a priority. The features on Mithril were created so they can be used on major social media platforms. This can cause security issues