Thoughts on the Ember-Chartis Project.

Hi dear Steemians, in this post I am writing about what I think about the new Ember-Chartis Project.

What you need to know

The Embercoin (EMB) team announced on the 1st of January that they decided to burn the current Embercoin and transform it to Chártis.

Chártis will be the first coin to use the new crypto-proof called "Proof-of-Location" which will reward users contributing paths, position of structures, land, locales and more.

A Roadmap will be published and after that, a white paper in Q1 2018.

Developers will offer Embercoin investors to burn their coins for Chártis coins, the ratio is yet to be known.

My Opinion

I personally think is a promising project, it is bringing a new cryptp-proof which is always a exciting thing, the idea is also innovative as they plan to use the blockchain in a way that it never was used.

Thank you very much for reading.