EOS
$6.27 7.99%
EOS · 27w

Bravo Protocol | A Thoreau Analysis P

Bravo Protocol | A Thoreau Analysis Pt. 2

I recently wrote a Thoreau Analysis on a project called BRAVO Protocol where I gave a general overview of the project and detailed why it stood out to me. After doing some research on BRAVO Protocol I found a couple of the main reasons I was interested in the project is their push to mass adoption, their user oriented interface, and the hybrid blockchain that their token operates on.

http://www.bravoprotocol.com/

Something very noteworthy about BRAVO is that they are taking a calculated approach to an ICO and token launch, already having a product in the market with a user base of over 100,000 people. As an example to show how significant those numbers are — most Decentralized Applications on the Ethereum blockchain right now struggle to attract over 100 users each day. BRAVO bringing 100,000 potentially new users into the conveniences of cryptocurrency is undoubtedly something to pay attention to. I also recently did a write up on a couple aspects of mass adoption that BRAVO is addressing.

A technical aspect of BRAVO that initially grabbed my attention is the hybrid blockchain. With the implementation of a hybrid blockchain BRAVO allows the users of its application to transact money without sharing any personal information, completely anonymous transactions. In an age where your personal data is constantly at risk of being tracked and sold by large companies, it is becoming imperative to begin to value your privacy, especially when it comes to monetary transactions.

BRAVO Protocol implements a hybrid, or two part blockchain. There is the traditional public blockchain where users can send and receive transactions all on a public distributed ledger using the BVO token. There is also an anonymous chain BRAVO implements wih their “Incognito” blockchain by utilizing the zerocoin protocol. When users are sending or receiving transactions on the anonymous blockchain they are using the BVO-P Proof of Stake...

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