While looking for an interesting crypto currency to do a review about . I got struck by a lighting ! Why not do a review about Tesla Coin !
TeslaCoin was originally launched on January 18th of this year, and has gone by pretty much unnoticed for some odd reason. Don’t confuse TeslaCoin with any other coins using the name “Tesla”, as this is the original coin named after Nikola Tesla.
One of the other major parts about Nikola Tesla’s philosophy is his way thinking : Man should not be controlled by corporations or people with influence, the “human” approach always wins in the end. I do believe that the new generation will see what the parents did and how they self destroyed and be a generation of Nikola Tesla thinkers , and maybe with this coin the DEV will want to support such young thinkers , one the time will tell .
So far the name it’s good and it’s promoting a great man of our times that was crashed by capitalism . A bit of Ironic for that ill give it a 10 for Nikola Tesla !
Now let’s see the Technical
Hybrid POS/POW with MultiPool
172 coins per block with 18.56% Subsidy every 30 days
Current Block Reward : 76 TES – 1/06/2014
30 Second blocktimes
25 block confirm
299,792,458 total coins – I was bought attention from Tesla Dev that this is the speed of light . Wikipedia so that’s cool !
So far so good . But what it does ?
Are you ready ? Tesla Coin Team are thinking very eco . They are planning an solar based mining pool ! Freaking SOLAR MINING POOL ! By saying this, It means that all hardware involved in this mining pool, will run on solar panel energy , so far that would be a PREMIERE in cryptocurrency world reducing the carbon footprint that mining leaves now in our nature and i am excited to use that pool .
This coin as i heard from DEVELOPER TEAM isn’t meant for PUMP & DUMP . They want a slow organic grow so this will be a long run while they are deploying more services that Tesla Coin can be used for and i heard of many great things , that will be soon launched where you can use only TESLA COIN ! Because of the promise of services ill give them a temporary 7 points !
Can i trust to invest ?
I don’t guarantee anything while i review coins , but this seems like a stable coin even with a premine of 3% they seem they got on work and they are doing a lot of stuff and no huge dumps only stable price fluctuation and rarely been affected by Bitcoin or Litecoin prices , like it gained a bit of it’s own market . I want to see more so ill give it a 7 ? Because of the premine at any coin reviews will be a (-1 point) but i hope to see more services that i can use Tesla Coin as i hear they are almost ready and ill bump the points at 7.5 for TRUST with that said .
But but ? Features ?
As we all used too this part of point it’s a big penalty for most coins as they don’t add many features too their wallet and to the things that you do with the wallet . But no worries Tesla Coin has Coin Control integrated and they are on-going development and brainstorm for new features so ill give them a 6.5 points here . The high pointage will go at unique wallets and multiple features this one has only 1 .
So far it seems it promotes green energy , new services and fair distribution with active developing team . I say Tesla Coin is a Good Investment !