Review on MyCointainer by LUIS RIVERO R
Mining service by proof of stake.
mycointainer then these are bet on each of the proof-of-work platforms of different cryptocurrencies and the interest rate will depend on which assets it has stored, some of the available assets are waves, NRG, Divi among many others, the rate charged by the platform for using their services also vary
Why use it?
One of the best options when investing in various currencies and receiving payments for participating in the different nodes without having to buy storage or know complex security and configuration protocols to run secure nodes.
The rewards are distributed automatically. It also has several cryptocurrency partners that send additional tokens to the different validators.
What is your biggest disadvantage?
The main problem of this project is related to centralization since private keys and data in general are in the hands of this project.
The registration process, despite being fast, is slow, the forwarding of the email to confirm it
Final consideration.
Keep in mind that your funds would be passing on to third parties, you must personally study the infrastructure and if it is convenient to use it, in some cases if you have a large amount the safest thing is to run your own nodes and carry what this implies.
Pros
- Quick and easy registration process
- Compound interest with different assets automatically.
- It has a wide range of cryptocurrencies.
- It is not necessary to run full nodes.
Cons
- Requires personal verification to operate.
- Centralized asset storage.
- Technical documentation is missing.
