The Whitecoin ecosystem is based on a decentralized blockchain which offers faster financial transactions, high-level cybersecurity and encrypted communications among the community members. One of the key features of this highly appealing ecosystem is its appealing degree of anonymity. Anyone can create a wallet and start executing transactions with the same level of privacy offered by Bitcoin.
Users are not required to give their personal information while creating the wallet or at the time of sending or receiving payments. What separates it from the well-established coins is its speed which enables it to perform transactions in a matter of seconds. This open-source platform facilitates remote payments, allowing third-party originations to carry out an audit which promotes a significant level of transparency as well.
The ledger is transparent because all the users can share their internal transaction records. It uses proof of stake protocol which makes it eco-friendly because it eliminates the use of mining rigs which require energy. The developments take place after a consensus of community members through polling and voting. All of these factors help us conclude that XWC has the potential to grow in the future.
It is quite difficult to predict the future of digital currencies, even if they are well established and constantly doing well on the exchanges for a sustainable period of time. But Whitecoin prediction does not seem so uncertain. The business model and an efficient use of blockchain technology have made this token one of the favorites. The currency is expected to grow by about 15x its current value, as of September 2018.
But please be advised that it is not a financial advice, and investors are required to do their own research before putting in their hard-earned money. The platform does not take responsibility for any loss occurred following the information provided here.
Well, no one really knows if a weakness turns out to be the strength of a coin or a strength proves disastrous. But in this case, the business model of XWC is simple and therefore there does not seem to be any loopholes in its development or functionality.
The only problem that could harm its growth is the lack of information about the team, roadmap and development phases. Investors tend to shy away from digital currencies whose support team is lazy. At the end of the day, the number of users matters more than the efficiency of utilizing the blockchain technology.
When we talk about digital currencies, logical or rather traditional business metrics do not prevail after a specific extent and therefore, foretelling about their fate is uncertain and difficult. But it is observed that the token is performing well on the exchanges and it is expected to grow with the passage of time.
So, it can be estimated that this currency will not go broke in the near future. Whitecoin forecast is only based on the available information and facts and you should do your own research before going into investment or trading.