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Is Bulwark the better Masternode/POS based cryptocurrency for New Investors?

Do you ever the blues looking at the prices of Ethereum, Bitcoin? Or wish you had set up the Dash masternode while you could still afford it? Well, you may be still in luck.

Providing you the opportunity to make a life-changing investment is Bulwark and below are few reasons we think it’s got what to takes to go big and better when it comes to masternodes and privacy.

3 Reasons Bulwark seems to be the right project

A unique vision

While Bulwark already has a very good foundation to start off from, one of the major roadblocks for it was always going to be to make it better and if early hints are anything to go by, that’s exactly what they have set out to do.

Their recently launched home node makes masternodes easy to set up on any home server. And with an open source Bulwark Hardware wallet in the process and the Home Router package, you get full control over your privacy as the traffic is routed via the TOR network.

Proof of Stake protocol and masternodes

With POS or masternodes you can stake coins without the hassle of expensive systems or high electricity bills. Setting up masternodes has been made easier with the Home Node which is available on the Bulwark site for $100 worth of BWK tokens. Also, make sure you have 5000 tokens as collateral

But if not masternodes, you can also stake the tokens through any private wallet on your home server.

Involvement of the community

Community involvement is at the forefront of the Bulwark project and the best example of it is the hardware Bulwark wallet which unlike other hardware wallets is open source. This means they have handed over the power to release updates, bug fixes etc. over to the community. The closed source nature of other hardware wallets has always been an issue with experts and Bulwark looks to offer a welcome solution.

2 Ways to make it even better

Market Liquidity

For any cryptocurrency to catch attention, it needs a high trading volume but with the frailing market, that’s easier said than done. The best way to do so would be get listed on the better-known exchanges such as Bittrex, Binance etc. With that, you not only come into the limelight but also build trust amongst the current community members.

Spread the word out

In order to spread the word out, Bulwark should focus on stepping up their marketing and advertising efforts. That’s because in order to get people talking and interested in the project it’s important to let them know what you’re up to and why and how it can make a difference.

Conclusion

The Bulwark project only started it in December 2017 which means there’s a long way to go. Now, you can either see this as a huge risk or an as an opportunity. Truth be told, it’s both and will depend on your willingness to take the leap of faith.

Source Article: Privacy is the Future of CryptoCurrencies — is this the next Best Privacy Focused POS/Masternode Cryptocurrency?

Project site: https://bulwarkcrypto.com/

About the author

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Peter Shin

Peter has a Master’s degree in finance. He has 8 years of experience working with a renowned Investment services and Wealth management firm. Enticed by the cryptocurrencies, he decided to use his knowledge and great analytical skills to help the investors.