Review on WhiteCoin by francis fernandez
Whitecoin: agility in your operations!
The crypto asset market offers a wide range of options when selecting a digital currency to operate our transactions; however only those that offer valuable features get the preference of crypto trading users.
Whitecoin is a platform for the operation of the digital currency whose initials are XWC.
Token:
The Whitecoin (XWC) token is a digital asset whose purpose is to execute financial operations in a fast, reliable and transparent way; by using advanced blockchain technology.
Consensus mechanism:
Whitecoin (XWC) has a mixed protocol consensus system; as it employs the Proof of Stake (POS) algorithm combined with the Proof of Work (POW) protocol. Both mechanisms work together and synchronized in the security, reward system, development and coordination of processes and decision-making that take place in the network and its environment. POS and POW exercise their consensus around white nodes or servers. Among its functions is the motivation of the holders of the cryptocurrency up to a limit of 120 blocks to be able to opt for a reward.
Whitecoin as a foundation has a Canadian registration license. For this and other reasons mentioned above; this platform offers valuable advantages to users seeking security, speed and profitability in a cryptocurrency.
Currently Whitecoin (XWC) as a token has low value; but that does not prevent it from continuing to innovate and climb positions in the crypto market and in the development of new functions.
Pros
- Allows fast operations
- Offers only 1 minute lock-in time
- It allows to carry out operations under anonymity
Cons
- Volatile value of the cryptocurrency
