$PURE
Masternode Review
By: @Curt_Shilling
Not to be taken as financial advice, this is my personal opinion based on facts.
Coin Price: $.28
Market Cap: $3,778,536
24hr Volume: $49,403
Circulating Supply: 13,479,461
Total Supply: 14,588,740
MAX Supply: 20 million
Exchanges include CoinExchange & CryptoBridge.
Ranked: 678
ROI: 169.60% (215 Days)
Average Reward: 20hrs 1min
Active Nodes: 1,428
Locked Coins: 7,140,000 (48.94%)
Required for MN: 5,000
Cost: $1,403.65
Average Block Time: 50s
Website: https://purealt.org/
Algorithm: X11 POS
“PURE is a new cryptocurrency that aims to purify the blockchain, with fresh ideas and clear vision toward a fair and truly decentralized usage and a better tomorrow. Pure is an Open source, Peer to Peer coin that supports Masternodes, and anonymous transactions.”
InstantSend integration makes transactions lightning fast. Many coins on the market integrate InstantSend. (Solaris being the quickest transaction times I’ve seen). I have not sent a transaction using PURE. Masternodes help keep integrity of network and enable support for Darksend and instant send.
CoinMarketCap.com & the Pure official website have contradicting stats, which isn’t uncommon. Official site states that Max Supply is 21 million. CMC states Max Supply is 20 million. Also, CMC states block time is 50 seconds, official PURE site states block time 60 seconds.
PURE offers wallets for Windows, Mac, & Linux.
Masternode Setup Guide
https://drive.google.com/open?id=0B0i-fCM-e77BQmxqV0NkeW9CNlU
Roadmap
Q1 wallet competed
Q2 Puredex.io Launch, Atomic Swaps, & new platforms for PURE.
Q3 To be Announced
Q4 To be Announced
With the roadmap above, this doesn’t leave much to look forward too while investing in PURE coin. Q2 is just about over and PURE has nothing to offer or look forward too. I have looked over the site a few times & there doesn’t seem to be a whitepaper or an intentions of delivering a WP. No links on site for social networking i.e Twitter, Telegram, Discord, Slack, or FB etc. I did a search on Twitter & found @PureCoinDev which has 201 followers. 1 of which is Bittrex & another which is @cryptopath. @PureCoinDev last tweet was June 21, 2014.
Pure Coin Github: https://github.com/puredev321/pure isn’t very enticing either. Last commit was 7 days ago. A few issues are listed on GitHub:
Status Conflicted
(1 month ago)
Where is PDF for VPS server commands
(1 month ago)
Tell CryptoBridge to unlock Pure Wallets
(8 days ago)
Can’t Sync Wallet
(7 days ago)
Bind returned error 99
(7 months ago)
These are just a few issues. By click “view all issues” you’ll notice there are 11 open issues. As stated at the top of this review, this isn’t financial advice & shouldn’t be taken as such. This review is my opinion based on the facts I’ve found. I’m not trying to deter you away from investing or push you into an investment.
Thanks
@Curt_Shilling