Review on Secure Cash by Pedro O. Alvino M.
Reserve currency for a financial crisis.
According to the current financial system, there are certain deficits in terms of paper money, therefore the Secure Cash project will have a currency that will serve as a reserve medium against a possible financial crisis, in the way that having a currency with a low supply in the market, its price will grow constantly over time, generating a higher percentage yield in the midst of a deficit in the financial system.
According to the design of the currency network, it has an algorithm based on CryptoNight, where the currency will have an anonymous delivery service and at the same time with an almost zero transaction fee, thus allowing users anonymous transactions of low cost.
The information issue of the project development is limited, since it does not have a roadmap that marks the development programs of the project, in addition to the economy of the token it is a disaster, so that despite having a low supply even so, its price continues to decrease, this due to the lack of support from its community and little marketing development.
Pros
- It has its own chain of blocks.
- The total supply of the currency is extremely low, which offers long-term returns.
- It has anonymous characteristics thanks to the CryptoNight algorithm.
- Provides users with web mining capability.
Cons
- It has very little community in its social networks.
- The commercial movement of the currency in the market is almost nil.
- No roadmap and little information on the development of the project.
