Hello guys! Today I want to share with you the second part of my review of this high potential project that I have known for almost a year now. This project is called JSECOIN. I have made a rather lengthy introduction about the project here. If you don't have time to read in no worries I will give you the essentials about this project so that you will be able to understand what is it about.

Image Source

JSECOIN

JSECOIN is a cryptocurrency that is used to rewards web-based crypto mining. This was once thought to be a revolutionary way of revenue generation that is different from the traditional advertisement driven model. Its model is very similar to Coinhive which is used by some webmasters that wants an additional stream of income or an alternative to advertisement that most of the time clutter the screen of web visitors. Advertisements are also proven to be ineffective with the dawn of "adblockers" that, as the name implies, blocks the advertisement that wast supposed to shown to the site's visitors.

Image Source

Coinhive was the first to market this form of revenue generation however Coinhive have been associated with bad actors in the web browser-based mining scene using them in " cryptojacking ." It has been a favorite application used by "cryptojackers" since it is base on an anonymous cryptocurrency, Monero. Unlike Coinhive, JSECOIN is more transparent as its mining application is only an opt-in browser-based mining which basically means there will be no mining going on without the explicit permission of the site visitor. The user who plans to visit a JSECOIN powered site will get notified via a pop-up menu located at the bottom of the site similar to those seen when sites discloses cookie usage.

New way to Incentivize Steem-based Contents

Image Source

As a steemian we all know too well the limited time we can earn from our creations. This is probably one of the weakness of our platform although I am quite sure that this type of limitation was implemented for good reason. There is really nothing much we can do to change this not unless of course we convince the witnesses to implement changes on this limitation which quite honestly might not happen at all given the sensitivity of the matter especially when it affects the rewards pool.

However we need to find a way to somewhat circumvent this limitation. Perhaps JSECOIN might be a viable means of addressing this weakness. If JSECOIN mining Dapp gets integrated into Steem-based applications it will provide a means on extending the possible rewards of content creators of the different Steem applications. This particularly bodes well with applications such as dtube since there is a means to extend rewards beyond the 7 days limitation. Moreover, visitors that are not steemians will be able to contribute to the rewards of the content creator since they will be using web-based mining application of JSECOIN.

Image Source

Of course this is still wishful thinking as the project is still relatively new and we are not sure if it is possible to integrate in Steem-based Dapps. I am sure that developers might be able to do this but I have known several other cryptocurrencies that were able to integrate with Steem such as Smartcash and Byteball.

Final Thoughts

I think JSECOIN is a great project and can be leveraged through existing website platforms to augment or give an alternative means of revenue generation without depending on advertisements. Currently JSECOIN is conducting their Token sales right now if you are interested in testing there platform you may go to their site and test the web-based, one-click mining software. You can also participate in the bounty. For investors you might want to buy some of their tokens which I honestly believe might be worth a lot in the near future.

Image Source

I have been trying out their self-miner for a couple of weeks now and I can say that they have released a well polished application which seems to be a very lucrative endeavor as well. To put this into prospective I am also a mobile miner of Electroneum and based from my experience it seems that JSECOIN is a better bet than Electroneum. To prove this I will write another article about this in the near future. Let me just gather more data on web-mining using a mobile devices instead of the desktop which I am currently using for a fairer comparison.

Image Source

That would be all for now fellow steemians I hope you found this article helpful and if you have any question about what I have written above please do not hesitate to comment your questions below. What do you think guys do you think it is a viable option in augmenting the rewards system of Steem-based applications? Let me know below.

For more information about JSECOIN please refer to the links below:

● https://twitter.com/jsecoin
● https://facebook.com/officialjsecoin/
● https://www.youtube.com/channel/UCHtIF9KggJn9TDzr8pRYsYA
● https://www.reddit.com/r/JSEcoin_Official/
● https://jsecoin.com/forums/
● https://t.me/jsetelegram
● https://discord.gg/3gBZsA4

#jsecoin #monero #electroneum #mining