Why should we use Cashberycoin — cryptocurrency advantages

Cashbery Coin
1 min readMay 18, 2018

Decentralization

Cashbery is a decentralized currency. Firstly, that based on the method of the initial distribution by regulated and transparent selling of coins for the future network participants who are interested in Decentralization is the fundament of any true cryptocurrency. Unfortunately, cryptocurrencies with the big capitalization and distribution are not decentralized enough because of the consensus algorithm using.

Forecasted transaction speed

Another key advantage of the hybrid Cashbery algorithm is providing fast transactions even in conditions of network-critical load. Cashbery Coin is the simple and elegant solution for providing transactions of the new generation.
Most of the modern cryptocurrencies show poor network capacity and unpredictability under the heavy parallel traffic condition.

In 2017, there was decentralized game-application created, called CryptoKitties which was developed for the Ethereum network, showed how badly this blockchain is ready for big loads. As a result, there were significant transactions delays inside the Ethereum network, smart contracts malfunctions, and, hence, a loss of trust and value.

Security

Cashberycoin uses proved cryptography methods — with a separation to public and private keys — for keeping access keys to the account. Many companies, including banks and big exchanges, use same algorithms for information protection. Besides, the Cashbery wallet application is securely protected by a password, even if the hacker gets access to the device the wallet is installed on, money cannot be stolen.

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