Review on Pakcoin by Racheal Treasure
PAKCOIN, A DECENTRALISED PLATFORM
This crypto project focuses on native of of Pakistan, it was established in the years 2015. Personally i can say that the project is doing with with various reasons, thought they still need to work on certain things for the project to be well acceptable.
One of the areas i want to comment on is the value of the PAK, it has grown tremendously over the years, though the value still less than 1 dollar in digital asset value.
It also good to note that you can access it wallet from it dashboard which make transaction easy to perform, because it has it own wallet.
It is put many security measures in place which includes two factor authentication that can be disable any time you want without waiting for any authorization to be made by the platform.
The transaction history is also made available on the platform, this can also be used for view at a glance the past transactions.
On other hand, i am of the opinion that they have to work on some aspect to make the project well known and well acceptable. The Pakcoins is not well listed on well known crypto exchange platform, the team behind the project can work on this for the project to be well known. It has not been paired with many top crypto asset on the exchange platform. If something can be done on Know Your Customer that they make mandatory to use the platform, it will be good for the project in my own point of view.
In conclusion, the project is a good project that need to put all of it finger on the desk to make the project well acceptable.
Pros
- Decentralized platform
- Highly secure
- Transaction is fast
- It can be mined
Cons
- The project is not popular
- The native asset is not supported by many top crypto currency exchange
- It required KYC to register on the platform.
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Comments (2)
November 23, 2020
Thanks for this explanatory information. I heard about this project, now I have the opportunity to examine it in more detail here. It would be useful to evaluate it in more detail with its pluses and deficiencies.
November 22, 2020
The project has man y good motive in the crypto world as a whole. I will equally commend the team behind the project, but they till have many work to do regarding the project to meet up with the request of crypto users.
