Review on xDai by Douglas Cachazo
xDai: Payment platform
xDai is a financial project with its own chain of blocks whose mission is to provide a payment platform with fast transactions with low commissions. One of the big problems that arise in financial platforms is precisely the issue of commissions, it is overwhelming work to be done to achieve operate without having to pay high commissions that for many is a demotivating factor when it comes to making the leap into the cryptographic world.
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This platform pursues precisely that goal, fast daily transactions with acceptable commissions that can provide a good means of payment.
This platform is committed to the development of fast, secure, scalable and stable applications. It is based on its currency xDai very stable in its price always close to the dollar and uses a system of reconsideration in its platform destined to finance its operativity.
The platform is very similar to the ethereum platform, in fact it is based on them, this allows to use the versatility of the intelligent contracts.
Additionally, it is very efficient for P2P transactions and particularly useful for sending family remittances which will be processed in a fast, secure environment without losses due to high commissions. In other words, it is a chain of blocks that emerges as an alternative to the Ethereum chain, there are several already with the same purpose.
The project uses the currency Ether as a stabilizing factor because to buy xdai the ether is used, the circulating will be the stabilizing support and the guarantee that no more coins can be issued than the capital that supports it.
Undoubtedly we are in the presence of a good project that will contribute a lot to Blockchain's technology
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Pros
- Fast transactions with low commissions
- Good P2P option with multiple uses
- The xdai block chain took the benefits of the Ethereum chain
- Stable xdai currency at par with the dollar
Cons
- Nothing to say
