STRAKS Coin Review
When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of STRAKS Coin.
Origin & Background
The development team behind STRAKS Coin was part of the failed Signatum project. Straks aims to generate a successful decentralized new digital currency. It is open source, community-driven and focused on e-commerce utility. For the e-commerce sector, it focuses on fast transactions and competency.
The market and the recognition of digital currencies grows quickly. Therefore, more businesses are conscious of the advantages of integrating cryptocurrency payment procedures into their businesses. The Straks platform seeks to be simple to integrate and exploit for businesses, making cryptocurrencies an available payment method for the customers of the businesses. STRAKS wants to be extensively used in all aspects of e-commerce to ensure all transactions can run smooth and rapid. Its main targets are scalability, speed and low cost. It provides an immediate utility, and the alternative conclusion is merely a growth of commitment.
Presently, if you are fascinated to use the system for your business, Straks even offers integration to websites for free. The site is also planning to launch a marketplace in order to assist you to find more sellers or buyers. We are surely keeping an eye out on the growth of this platform.
The name “Straks” is a Danish word meaning “soon”. It means transactions are quick.
- Straks is aiming to be entirely self-funded and has one of the lowest POW fees in the market.
- The transactions will stay untraceable and anonymous.
- Also, STRAKS is focusing on its transaction speed and continually improves transaction speed.
- Finally, STRAKS has a block reward of 10 STAK with 5% going to the POW fund. This leaves 9.5 STAK per block.
We have not identified any obvious cons with STRAKS Coin.
If you have concluded that this is the coin for you, congratulations! Buy STRAKS Coin here.