Review on ColossusXT by Jorge Hernández
friendly protocol
When trading digital assets, we usually use cryptographic platforms that serve as a secure tool to carry out our operations with complete peace of mind and simplicity.
Colossus is a cryptographic platform that allows us to meet our expectations of making transactions easily, quickly and economically.
The Colossus network infrastructure has valuable features that are worth highlighting, such as:
Public access operation
Peer to peer communication network, which makes it independent of a central server and generates more fluid communication between peer servers
It is a network that operates without intermediaries
Acts as an instant payment gateway
Allows transaction processing between people around the world
Your network usage fees are considerably low or close to zero
Its environmental philosophy promotes energy saving to contribute to the conservation of the environment
Use COLX cryptocurrency to promote exchange operations safely and quickly
Offers privacy to its users in their transactions
Allows instant sending and receiving of digital money
Although this network still does not offer many utilities, these characteristics undoubtedly speak very well of this digital protocol; which offers an easy and fast way to carry out transfer of values worldwide.
Currently, its cryptocurrency COLX does not quote a high market value, however its community continues to bet on the growth of its network.
Pros
- Help preserve the environment
- Provides privacy to its users
- Protocol without third party control
- Works as an open source platform
Cons
- Currently does not have coins in circulation
