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 review of WhaleCoin consists of three chapters: origin, technology and pros & cons.
The news reviews are continuously being flooded with the rankings of the best crypto coins to invest in. Is WhaleCoin one of those? We’ll let you decide. WhaleCoin is a simple, yet unique cryptographic blockchain. It powers a decentralized social network and is a close branch of Ethereum. Rhett Creighton founded it in August 2017.
WhaleCoin is simple in understanding and usage. You rise up to the Whale status by gaining 1,000 Whale coins or more. The Whales can then send the upvotes (or likes) to other users on social media. These upvotes can be linked to videos or images uploaded by the users. The followers gain upvotes from the users and the Whales influence the blockchain reward distribution. The followers get the reward measuring on the upvotes.
WhaleCoin brings to use the natural instinct of people on social media these days. This instinct is of following and liking other people’s posts. WhaleCoin makes people with over 1,000 coins powerful entities on social media. The blockchain has a capacity of 864 new Whales every 30 days. The reward rate is 5 coins per 15 seconds.
The whales are free to upload any story, video or idea and ask the followers for comments. The Whales are charged a transaction fee (almost negligible) for every upvote they send to a follower.
The miners are bound to pay a fraction of their reward to the smart contract.
- You can mine WhaleCoin.
- It is a decentralized network.
- You cannot falsify it.
- It has a limited number of coins available.
- It is possible to create spam which can steal the rewards.
- The bugs could block the rewards thus making it impossible for the users to access it.
- Some social media sites have larger followers thus creating a biased system of reward distribution.
WhaleCoin can be a world top cryptocurrency if it integrates some of the revolutionary ideas and incentives. Social media following is also a trend; two trends combined can really become the next big thing around the globe.
If you have concluded that this is the coin for you, congratulations! Buy WhaleCoin here.