Review on WIZBL by Pedro O. Alvino M.
Slow transaction speed improvement system
Platform designed to improve the blockchain ecosystem according to the speeds it presents with respect to each currency on the market, which allows adding currencies based on Blockchain technology according to the basic Bitcoin algorithm, and each currency generated is based on value current WBL and also obtains the value set and converted, this thanks to its BRTE system.
Unlike other projects, the consensus mechanism applied by the project is POM, which seeks to generate a greater distribution of rewards to users that, in such a way, continues to protect the network.
One of the main problems of the project is the lack of support, and according to the use of WBL currency, there is no listing in any crypto exchange, thus leaving the immutability of the services that WIZBL presents, which deals with the improvement of slow networks. and the rewards that are generated in this structure are taken to the node, which helps the system and its member to coexist but if there is no flow in the services the project declines financially, which is being witnessed, since it does not reflect a community to continue the project and have not released any more updates about their services.
Pros
- Can handle 1,000,000 transactions per second thanks to the elimination of data concentration on the server.
- It has a system that improves the speed of transactions.
- Its POM consensus mechanism provides more security and less centralization in the distribution of resources.
- Significantly reduces CPU power consumption and maximizes network security.
- Development team with more than 10 years of experience in encryption technology development and programming.
Cons
- Limited information on the WBL coin on the market.
- Does not have a supportive community.
- The project is in a state of abandonment.
