Staying forward of the market curve is a serious attribute of extremely worthwhile merchants and buyers. On that word, Polygon (MATIC), Optimism (OP), and Bitcoin Spark (BTCS) have been ranked as high-potential altcoins more likely to dominate the subsequent crypto wave.
Polygon (MATIC)
Polygon is a layer-2 scaling resolution that was based in 2017 to unravel a few of the key scalability and usefulness points confronted by the Ethereum community. It achieves this by offering a framework for constructing and connecting Ethereum-compatible blockchains, permitting builders to create a extra environment friendly and user-friendly ecosystem. Polygon additionally provides numerous instruments to boost the efficiency of decentralized purposes (DApps). While the Polygon (MATIC) price has recently dipped, many experts remain confident in its potential to rise, providing a lower entry for investors.
Optimism crypto
Optimism is the second-largest Ethereum layer-2 scaling solution, with famous projects like Synthetix and Uniswap built on its network. It employs Optimistic Rollups technology, which processes most transactions off-chain and then periodically settles them on the Ethereum mainnet. This enables developers and users to benefit from faster and cheaper transactions while still benefiting from Ethereum’s security and decentralization.
Bitcoin Spark
Bitcoin Spark is a new layer-1 blockchain that seeks to solve the limitations of previous blockchains and create a self-sustaining network. The blockchain ensures fast transaction speeds and low fees due to its short block time, impressive individual block transaction capabilities, and extensive nodes.
Bitcoin Spark also guarantees a scalable platform for building and utilizing diverse smart contracts and DApps. It has multiple layers, including a dedicated smart contract layer with separate execution systems, all of which reach finality on the main network. Developers will be able to utilize a range of programming languages, including Solidity, Vyper, and Rust.
Additionally, this new blockchain introduces decentralized CPU and GPU renting through its revolutionary consensus mechanism, the Proof-of-Process (PoP). This blend of Proof-of-Work (PoW) and Proof-of-Stake (PoS) requires validators/miners to provide processing power to the network in order for them to confirm blocks and earn rewards. However, the rewards are not linear, as the PoP will exponentially diminish rewards per additional power. This, coupled with the extensive nodes, will enable even low-powered devices to run the network. In fact, the Bitcoin Spark realm is set to offer a user-friendly network validation application compatible with various operating systems, including iOS, Android, and Windows.
The validators’ contributed power will then be rented out to individuals and institutions in need of additional computing resources, with payments required in BTCS. Network validators will receive 97% of the generated revenue plus newly minted BTCS and transaction fees from confirmed blocks. The 3% will go to the team for development, income, and maintenance.
Going further, the Bitcoin Spark application and website will have small spaces for advertisements, which will be community-policied to boost security and credibility. Advertisers will also make payments in BTCS, with network participants getting 50% of the revenue generated, plus incentives for policing the ads.
Bitcoin Spark has been labeled the new Bitcoin because it combines these innovative technologies and real-world applications with a limited supply of 21 million BTCS. The crypto is set to launch on November 30th at $10 but is currently selling at $3.00, accompanied by a 7% bonus and other benefits in Phase 7 of its Initial Coin Offering (ICO).
The bottom line
Polygon (MATIC), Optimism (OP), and Bitcoin Spark (BTCS) do have the potential to dominate the next crypto wave, but it’s essential to do your own research before making any commitments.
For more information on Bitcoin Spark:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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