Review on Electrum Stratis Wallet by Joseph Bello
Electrum stratis wallet has been hibernated.
Electrum stratis wallet is a cryptocurrency wallet that holds the STRAX tokens and it has been known to be a safe wH to hold the cryptocurrency. Just like Trust wallet it also has it own cryptocurrency and also supports Many other currenency. The project has a ways of bring a good security to users. It has a very strong security and has a fast way of transferring cryptocurrency to other wallet with ease and safety. The wallet is available on the Google play store, which can be downloaded without stress and completion the registration is also
Staking helps people strengthen the blockchain network on which your STRAX Tokens are held. The wallet is available on every device, so the wallet is effectively sitting on top of a Stratis Full Node. When the Tokens have been staked, it actively mines thereby contributing to the overall power of the network. Because even small stakes have a chance to mine, staking democratizes the mining process when compared with Proof of Work solutions. To have any chance of earning rewards from mining on a mature Proof of Work blockchain, considerable expenditure on hardware and energy is required. This is currently the best way to earn the token, you mine the token and also stake them for more reward.
But is currently complicated to use, most user's don't know if it's currently working or has been hibernated. I will say it has been sleeping because it has no use to the blockchain community recently. And maybe it will be put alive because it is a great project. For now it is not advisable to download. It is available on both Andriod phones, iOS and also on P
Pros
- A very good wallet that support STRAX cryptocurrency
- It is also safe to use and has a fast transaction possibilities.
- One of the best wallet to use.
Cons
- It is currently not functioning.
