Review on pTokens BTC by José A Rodríguez
Little Company of Cross-Chain Development. Yet to grow up
pTokens is yet a little develñopment for the world of cross-chain projects. The network despite being available is frequently presenting some issues for users who do not know what site is certified. It is placed on the internet as a common blockchain with poor functioning.
As a Defi project, it got immersed in multi-complementary support for many tokens, including the well-known stable coin, Tether. It is true it has won some partners, but the representation it has is still small compared to other projects providing the same features.
The only thing I like about this project is the organized plan they offer to see how the company really works. The team provides an excellent graphic that highlights the most important features of the overall network. Here, is where users can see the cross-chain availability it possesses since it is a Defi project supporting the ETH core, but it also works deliberately for non-ETH networks.
It connects the two distinctions of the project into a whole network. Functionalities go easy, and they are created with simple processes. However, what I told, in the beginning, is due to the recognition of the project. The company is small as well as their token.
No well-developed content works when the project is so little used. Anyway, it is not a bad project at all. It still works to be a model for developers, and I recommend it in that way.
Pros
- It has an excellent plan and protocol design. It is easy to understand the functionalities of the project.
- It acts decentralized between a dual service for ETH servers as well other altcoins. It even brings support to Tether.
- It permits a good trading experience when investors know the field.
Cons
- The current price of it is baked to the similar price of the BTC. It is expensive to adopt this coin without proving the individual efficiency it offers.
- Small content to the audience out there. It has little recognition. It won't be easy for the company to grow up if they do not promote solid development.
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Comments (1)
December 02, 2020
pTokens is a decentralized network which is compatible with multiple decentralized chain.
the platform runs a masternode protocol that can be used to integrate or peg different crypto currencies such as BTC, eth, eos, dai and more into equivalent ratios of pTokens.
