Sakhicoin (SKH Token): Legit High ROI Cryptocurrency Investment Plan?
What Is Sakhicoin?
Sakhi Coin is a decentralized cryptocurrency featuring fast transactions, low volatility, and increased liquidity through the Sakhi Coin Community Reserve (SCR). The reserve is made up of cryptocurrencies, crypto assets, and tokens that have been carefully selected by the community driven team of experts, business analysts, and experienced traders. The more the reserves continue to grow, the more liquidity will increase while the volatility reduces.
Sakhi Coin utilizes a Proof of Stake consensus mechanism that enables coin users to stake a portion of their Sakhi Coins and be compensated for supporting the Sakhi Coin network. This a better algorithm compared to the proof of work algorithm since the coins are not locked up and the entire process is fully automated when using the Sakhi Coin wallet.
Sakhicoin Rewards Distribution
The staking rewards are distributed between the Sakhi Community Reserve and the users. Users can opt to deposit the Sakhi Coins on the online staking platform where there they will be staked on behalf of the users.
To ensure that the staking rewards remain relevant in the future, there will be continued burns in the Sakhi Coin community reserve, which will result in a strong decentralized blockchain that encourages participation of users and maintains the transactions fees at a minimum.
Sakhi coin will have its own decentralized exchange known as the SakhiDEX. The SakhiDEX will prioritize on usability and functionality through its intuitive and user-friendly interface. The exchange platform can host a wide variety of coins, which will be listed through paid listing or community voting. This ensures that smaller or less funded projects have the opportunity to be listed on the platform.
Scalability And Robustness
Since it’s a POS coin, the Sakhi coin has scalable capabilities so that more people can purchase the coins despite the coin supply being limited. Blockchain will enable thousands of users to transact using the Sakhi Coin without experiencing down times.
Fast Transaction Speeds
Utilization of the PoS algorithm eliminates down times when using Sakhi Coins meaning that a huge number of transactions can be handled without the speed of the transactions being affected. Currently, the speed of Sakhi Coins transaction blocks is 180 seconds.
Compared to other cryptocurrencies whose value is determined by demand and supply in the market, the Sakhi Coin more stable as its value is obtained from various cryptocurrencies that are held in the Sakhi Coin Community Reserve.
Sakhi Coin is built on blockchain technology that provides it with a distributed ledger synced with all the accounts. Therefore, all the transactions are recorded on the ledger where they cannot be altered or deleted which prevents fraud. All the users of Sakhi Coin will have access to the ledger so that they can monitor the transactions.
Sakhi Coin combines cryptographic encryption and advanced security features to ensure that coin remains secure since the users information is protected on the blockchain and their identities remain anonymous when carrying out transactions.
High Percentage Of Rewards From Staking
Sakhi Coin owners can stake their coins in order to secure the network and receive rewards. The amount of block rewards receive will depend on the amount of coins staked by the users.