Why Polygon Users are Switching to Bitcoin Spark: An Analysis

As innovations enter the fast-paced crypto arena, preferences and choices quickly shift as users explore new features. Polygon users are trooping into Bitcoin Spark, raising curiosity and questions about the drivers behind such a transition.

What is Polygon?

Polygon is a solution that runs alongside Ethereum, striving for fast transactions and low fees. It’s a Layer 2 solution running a parallel blockchain on Ethereum. It acts as a secondary solution that works alongside Ethereum, improving on its challenges, such as gas fees and congestion. It aims to enhance Ethereum as a platform for creating blockchains through its ZK roll-ups and Optimistic roll-ups. Polygon adds extra features for security, user experience, and more. Polygon’s goal is to create a versatile blockchain network by combining the strengths of stand-alone blockchains and Ethereum. It envisions interconnection between different blockchains by eliminating barriers between them. Its native cryptocurrency, MATIC, is used for fee payment and other functions like staking and governance. Polygon was originally Matic Network before rebranding in 2021.

MATIC Price

For the past two weeks since the beginning of August, MATIC’s price has stagnated around $0.60. MATIC price prediction attributes this to a decline in active addresses, witnessing a three-month low since May. A lack of significant decrease or increase in MATIC price shows a volatility downturn.

Bitcoin Spark (BTCS): Why It attracts Polygon Users?

Bitcoin Spark’s new Proof-of-Process (PoP) blockchain technology is causing ripples for its potential revolution for ease of access to blockchain functionalities. PoP is designed to address the prevalent blockchain challenges, especially facing the Bitcoin protocol from which this project forks. The long-standing issues of high transaction costs, slow TPS, lack of smart contract functionalities, and barrier to entry have found a solution in PoP.

The PoP mechanism combines the PoS and PoW protocols to roll out fool-proof infrastructure fortified by the strengths of the two. Investors can access BTCS offerings through the Bitcoin Spark application via compatible devices, including iOS, Android, Mac, Windows, and Linux. The application facilitates the mining and validation functions of the BTCS ecosystem, and users can rent their computation power, stake, and earn rewards. Rewards are distributed by an advanced algorithm that considers the amount of computation power contributed and the staked amount. Although more work and higher staked amounts attract more rewards, they are fairly adjusted in a non-linear way.

Investors with limited mining resources and willing to participate may rent devices, making them accessible to anyone. Using the built-in reward calculator, investors can determine its viability before diving in. The app’s future will see it incorporate dApps development and a BTCS wallet for management and safe storage of tokens. Its smart contract execution will deploy a multi-layered and multi-language implementation system involving the Execution Layer, Consensus Layer, Mining Layer, and Rewards Layer.

BTCS boasts secure, compliant, and transparent infrastructure, having obtained KYC and smart contract audit certificates. Its ICO in phase two offers BTCS tokens at $1.75 with a 15% bonus, giving early adopters projected gains of up to 657% at a $10 launch price. Imagine acquiring Bitcoin when it was $1.

Wrap Up

Polygon users’ shifting attention to Bitcoin Spark highlights the dynamic cryptocurrency nature, where users seek enhanced scalability, reduced transaction costs, and innovative features. Bitcoin Spark’s unique Proof-of-Process mechanism offers an enticing alternative way to the digital finance future.

Learn more here:

Website: https://bitcoinspark.org/

Buy BTCS: https://network.bitcoinspark.org/register

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx

China Makes a Public Announcement on Cryptocurrency Stance, DigiToads Captures Institutional Investors’ Interest

Various holes appeared in the Chinese supposed crypto ban back in 2021. Failures in top crypto exchanges like FTX have poked holes in the decision taken by the Chinese government. The crypto exchanges highlighted a significant number of accounts from China, who still trade and own crypto assets as usual. The staggering number has prompted the Chinese government to make a statement.

As holes appear in the policies by China concerning crypto, DigiToads (TOADS) is emerging as an investor paradise. Its dual-appeal, standing as a meme coin and a utility product is pushing institutional investors towards it.

Read the article to know the statement made by the Chinese government. Additionally, learn why DigiToads is taking the interest of institutional investors.

DigiToads’ Multifaceted Nature an Icing for Institutional Investors

DigiToads is a budding project, going beyond the meme coin appeal and catching the attention of investors looking for utility in a crypto product. The meme aspect is something that has taken the attention of frog meme lovers notably, and their contribution elevated their presale which ended with over  $7 million and all buzz is around its launch on the 21st August.

In the  last remaining days of  their  presale investors were buzzing,  you can tell with their ICO hitting more presale records  topping $7 million. DigiToads has combined an immersive metaverse with exciting activities that promise active income. It has a gaming console that provides gamers an opportunity to battle for a position on top of the leaderboards.

Those topping the boards increase their DigiToads stake by receiving more TOADS from the prize pool. In addition, the gifts from the prize pool receive accompaniment from the in-game marketplace. The marketplaces provide the gaming arena with character rev-ups that help gamers increase their capabilities.

While inadvertently raving up their characters, gamers fill the prize pool with more income that goes back to the project. Gamers take the lion’s share of the income, while the rest of the project shares the remaining 50%. Passive TOAD holders get about 10%.

Beyond gaming and other forms of entertainment lies an ecosystem rife with numerous learning opportunities. The DigiToads project boasts of an NFT minting area, blockchain token transfers, and a web3 virtual space. The three areas provide an overview of the futuristic nature of the internet that is now cooking, and gradually replacing the old.

Staking pools provide another angle for passive income. They are areas where investors can store their TOADS for as long as possible, getting a chance to gain interest, and driving up the value of their assets. The interest is a passive income front, complementing the occasional price rise of the TOADS token.

At the start of the DigiToas project, a single token went for about $0.01. The figure rose to $0.05 in stage 10, representing a 400% price surge. When the token launches officially on August 21st, it will be up 450% from the presale launch price.

As a project centered on sustainability, DigiToads has set up various fronts to guarantee the future. It has a token burn functionality that will help maintain healthy tokenomics. In addition, it maintains a profit pool to go to environmental-charged charities to help change the attitudes of people towards crypto and pull more investors to power its future.

China’s Public Stance on Crypto

The Chinese stance on crypto remains public knowledge. The country despises anything crypto and does not allow domestic mining and transfer of the asset.

However, while this is the case, the Chinese remain active on most crypto exchanges. The government does not endorse this. To push people out of these unsanctioned activities, the country seeks to develop its crypto infrastructure, to power a futuristic monetary technology that will push the country on top of the charts in matters concerning the blockchain, and other related technologies.

Conclusion

DigiToads thirst to be a user and investor-centred project is evident. Even as the crypto environment continues to pressure many crypto projects, it is gearing up for a successful launch, which will see it up by several points. So if you are looking for the next big thing on the crypto market that will earn you passive income and diversify your portfolio, then look no further than DigiToads. Get involved today!

Visit DigiToads Presale

Mint DigiToads NFTs Here

Buy DigiToads NFTs on OpenSea

Join the community 

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx

Three Cryptocurrencies Backed by Market Analysis – 1inch, Stacks and Pomerdoge

Analysts are consistently on the lookout for high-growth projects that can dominate the industry. Out of the thousands of altcoins available, three have stood out, and these include 1inch (1INCH), Stacks (STX), and Pomredoge (POMD). We will be going over their analytical data to see why this has been the case.

Summary

  • 1inch crypto to reach $0.40 by the end of the year
  • Stacks crypto to spike to $0.78
  • Pomerdoge (POMD) sets $0.35 as its next price target

Click Here To Find Out More About The Pomerdoge (POMD) Presale

1inch (1INCH) Price Analysis

The 1inch (1INCH) cryptocurrency traded at a value of $0.305439 on August 12, 2023. During the past week, it saw its low point of value at $0.296748, with its high point at $0.309298. In addition, the cryptocurrency had a market cap of $314,161,361, with a 24-hour trading volume of $11,342,154. 

During the past week, it saw a total price increase of 1.2% but did manage to retain its green-zone performance. According to the 1inch price prediction, it can reach $0.40 by the end of the year.

Stacks (STX) Future Value Prediction

Then there’s the Stacks (STX) cryptocurrency, which has also entered the green zone and has a bullish outlook. As of August 12, 2023, the cryptocurrency traded at a value of $0.585232. Moreover, in the past week, the Stacks altcoin experienced its lowest point of value at $0.564087, with its highest point at $0.619792. 

During the past 24 hours, the cryptocurrency had a trading volume of $8,241,971, and its market cap is now at $819,683,885. The price increase in the past week was mild, as it was by 2%, and in the last 24 hours, it was by 1%. However, its future is bullish. Based on the Stacks price prediction, it can climb to a value of $0.78 by the end of the year.

Pomerdoge (POMD) Seen as Top Crypto Backed by Market Analysis

Pomerdoge (POMD), according to its market analysis data, will reach $0.35. As of August 12, 2023, the POMD token trades at a value of $0.008 but has been selling out quickly.

The Pomerdoge project isn’t just another meme-coin project, as it also enters the Play-to-Earn (P2E) space. There’s Pomergame, a virtual world in which players can explore and get rewards for their time spent.

In addition, they can collect virtual items that can be sold later on. Subsequently, the characters they play with are called Pomer. They can reach Elite Level, after which players can create custom items for the avatar. Upon reaching Gold Status, players unlock Pomerplace.

The Pomerplace is the ecosystem’s marketplace. In it, anyone can buy, sell, or even trade any items collected in-game. There’s also an exclusive collection of 7,777 NFTs.

The collection will be released during August and September and will be exclusively available to POMD holders. Each NFT will also cost 0.2 ETH. These aspects will make it a top-performing crypto, backed by market analysis.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/ 

Telegram Community: https://t.me/pomerdoge

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx

Source: thinkbitcoins

Three Cryptocurrencies Backed by Market Analysis – 1inch, Stacks and Pomerdoge

Analysts are consistently on the lookout for high-growth projects that can dominate the industry. Out of the thousands of altcoins available, three have stood out, and these include 1inch (1INCH), Stacks (STX), and Pomredoge (POMD). We will be going over their analytical data to see why this has been the case.

Summary

  • 1inch crypto to reach $0.40 by the end of the year
  • Stacks crypto to spike to $0.78
  • Pomerdoge (POMD) sets $0.35 as its next price target

Click Here To Find Out More About The Pomerdoge (POMD) Presale

1inch (1INCH) Price Analysis

The 1inch (1INCH) cryptocurrency traded at a value of $0.305439 on August 12, 2023. During the past week, it saw its low point of value at $0.296748, with its high point at $0.309298. In addition, the cryptocurrency had a market cap of $314,161,361, with a 24-hour trading volume of $11,342,154. 

During the past week, it saw a total price increase of 1.2% but did manage to retain its green-zone performance. According to the 1inch price prediction, it can reach $0.40 by the end of the year.

Stacks (STX) Future Value Prediction

Then there’s the Stacks (STX) cryptocurrency, which has also entered the green zone and has a bullish outlook. As of August 12, 2023, the cryptocurrency traded at a value of $0.585232. Moreover, in the past week, the Stacks altcoin experienced its lowest point of value at $0.564087, with its highest point at $0.619792. 

During the past 24 hours, the cryptocurrency had a trading volume of $8,241,971, and its market cap is now at $819,683,885. The price increase in the past week was mild, as it was by 2%, and in the last 24 hours, it was by 1%. However, its future is bullish. Based on the Stacks price prediction, it can climb to a value of $0.78 by the end of the year.

Pomerdoge (POMD) Seen as Top Crypto Backed by Market Analysis

Pomerdoge (POMD), according to its market analysis data, will reach $0.35. As of August 12, 2023, the POMD token trades at a value of $0.008 but has been selling out quickly.

The Pomerdoge project isn’t just another meme-coin project, as it also enters the Play-to-Earn (P2E) space. There’s Pomergame, a virtual world in which players can explore and get rewards for their time spent.

In addition, they can collect virtual items that can be sold later on. Subsequently, the characters they play with are called Pomer. They can reach Elite Level, after which players can create custom items for the avatar. Upon reaching Gold Status, players unlock Pomerplace.

The Pomerplace is the ecosystem’s marketplace. In it, anyone can buy, sell, or even trade any items collected in-game. There’s also an exclusive collection of 7,777 NFTs.

The collection will be released during August and September and will be exclusively available to POMD holders. Each NFT will also cost 0.2 ETH. These aspects will make it a top-performing crypto, backed by market analysis.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/ 

Telegram Community: https://t.me/pomerdoge

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx

Third Block Reward Halving in Litecoin’s History Completed, Chainlink and DigiToads Draw Investor Interest

The past few weeks have been quite eventful for the global cryptocurrency market. Litecoin recently completed its third halving event. In halving, block mining rewards are reduced by half to tame inflationary tendencies and keep the token supply scarce. In other news, Chainlink and DigiToads (TOADS) hit the headlines with their impressive performance and emerged as two of the best cryptocurrencies to buy this year. While Chainlink has been around the corner for some time, DigiToads’ performance came as a surprise to many. The newly launched meme coin is powered by Ethereum and it is built on a hybrid DeFi model where users can access a wide array of options for earning passive income. Another reason why so many crypto users are in a rush to purchase DigiToads is because of its strong presale growth. With its presale funding crossing $6.9 million in record time, it has already made it to many analysts’ best cryptocurrency ico lists for the year.

DigiToads: Empowering crypto users with hybrid DeFi solutions

DigiToads’ key strength lies in its hybrid DeFi model which sports the features of various kinds of cryptocurrencies. With one single platform, crypto users can access opportunities like staking, trading, winning tokens in Web 3.0 games, and other types of competitions. The native cryptocurrency is the TOADS token which is used for processing all payments and rewards.

The TOADS token forms a core component of DigiToads’ governance structure. Using the voting rights that they are eligible for, all TOADS token holders can put forth their views about changes proposed in the protocol by other community members.

With DigiToads, NFT owners can stake their digital assets for as long as they want and earn rewards. Patience is the key here, for the longer you stake an asset, the higher the returns that you will be eligible for. All stakers are paid rewards from a staking pool that’s maintained by allocating a portion of proceeds from TOADS transactions.

Over the next few months, the DigiToads team will be rolling out multiple new projects. These new projects include an official merchandise range and an online think tank. What’s more, is that the proceeds from the sale of the merchandise will be donated to support environmental conservation. The organizations that would receive the donations will be of community members’ choice.

Is Litecoin in for a bearish future?

Litecoin was designed an an improvement of Bitcoin but has managed to carve a niche for itself with nuanced features like a block time of 2.5 minutes and its ability to process transactions at a lightning-fast speed. Its native cryptocurrency is the LTC token. Despite being a popular coin, the LTC token has been witnessing negative price action for some time now. Going by its post-halving performance and market indicators, analysts feel that Litecoin is likely to be bearish over the next few months.

Chainlink Price Feeds to be integrated with Base

Chainlink is a decentralized oracles-based platform for deploying smart contracts and can end all your worries about what cryptos to buy now. Chainlink’s key USP is the ease with which it enables blockchain networks to interact with price feeds, and payment solutions to get critical off-chain data for smart contracts. Its native cryptocurrency is called the LINK token. The platform was recently in the news after Base, which is a new Ethereum-based Layer 2 protocol rolled out by Coinbase, announced Chainlink as its new collaborator. The company stated that Chainlink Price Feeds’ integration with Base would enable developers to port dApps to Base and experiment with new use cases.

Conclusion

Whether its Litecoin, Chainlink, or DigiToads, all three tokens are among the altcoins to watch out for in 2023. Their past performance and utility-driven features represent an unmissable DeFi opportunity. However, analysts have pointed out that these tokens differ in terms of growth potential. DigiToads enjoys an advantage over the other two crypto projects as it has higher growth potential because of its hybrid DeFi model. By providing its users with more than one way to earn passive income, DigiToads equips them with the right tools to secure their future. At the same time, the platform’s robust security framework and a deflationary native coin shield token holders’ assets against fraud and market volatility.

Visit DigiToads Presale

Mint DigiToads NFTs Here

Buy DigiToads NFTs on OpenSea

Join the community

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx

Wanchain Revolutionizes Blockchain Interoperability on Cardano with New Bridge Solution

Press Release: Decentralized, non-custodial, bi-directional cross-chain bridges are officially up and running on Wanchain’s Cardano Bridges.

August 8, 2023, London, UKWanchain, maker of the first public decentralized cross-chain bridge, announced today that it has successfully deployed its Cardano Bridges. The bridges will connect the Cardano mainnet to Bitcoin, Ethereum, Arbitrum, Astar, Avalanche, BNB Chain, Optimism, Polygon, Tron, and other prominent public networks. 

Advanced Interoperability with Cardano Bridges

Powered by decentralized, non-custodial, bi-directional cross-chain bridges, Wanchain’s Cardano Bridges enable greater interoperability between networks and offer a huge influx of new assets and liquidity.

Wanchain’s Cardano Bridges advance interoperability, enabling numerous assets including ADA, other native Cardano tokens, all erc20 tokens, and several other notable assets to move seamlessly between Cardano, any EVM-based network, and select non-EVM networks.

New Opportunities for Web3 

The Cardano Bridges create new opportunities for developers and users as ADA and other native Cardano tokens can be used with any Web3 application on any EVM-compatible network. Further to this, ADA, BTC, ETH, USDC, USDT, and WAN can now all be brought to Cardano. Of note, this is the first time that fiat-backed stablecoins, in the form of USDT and USDC, are available on the Cardano mainnet.

The Cardano Bridges is a milestone project for Wanchain, which champions innovation and interoperability in blockchain. Given the fundamental differences in the Cardano network from other public blockchains, the Wanchain team needed to fully develop Haskell smart contracts which support cross-chain transactions; they also upgraded the Wanchain bridge nodes to be able to construct UTXO transactions to call Cardano smart contracts. Wanchain also enlisted Input Output to make necessary changes to Cardano by coordinating internal efforts to add native support for a Schnorr signature and Secp256k1 curve.

Upcoming Cardano Solutions

Now that the Cardano Bridges have connected the Cardano mainnet to Wanchain’s wide area network of public blockchains, Wanchain’s future interoperability solutions will also be available on Cardano, including Wanchain’s upcoming decentralized general message passing platform. 

The Cardano Bridges are already open and anyone interested can learn more about the many advantages here

About Wanchain

We are all connected — Wanchain, the Wide Area Network chain, is the world’s premier decentralized blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralized bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralized cross-chain applications to power the future of Web3.

Media Contact

Contact Name: Temujin Louie

Contact Email: info@wanchain.org 

Wanchain Socials

Twitter | Telegram | Medium  

Wanchain is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source: thinkbitcoins

Yolo Group Partners with Solaride to Target Next Generation of Sustainable Innovation

August 10, 2023, London UK —  Yolo Group, known for bringing next-level innovation to the world of gaming, fintech, and blockchain, has agreed to a landmark partnership with Solaride, an Estonia-based project supporting the future of sustainable technology education and entrepreneurship.

Clean Energy Alliance

The partnership will see Yolo Group assisting Solaride in its mission to encourage more students to study technology and promote clean energy. The Yolo Group logo will also appear on the Solaride SolarCar as it competes against top universities around the world in the Bridgestone World Solar Challenge in Australia. The 3,000km race between Darwin and Adelaide begins on October 22.

Karl Tanel Paes, Head of Finance and Partnerships at Solaride, stated that: 

“Team Solaride is delighted to have Yolo Group as a sponsor. Their support will help us promote engineering and technology and through participation in the Bridgestone World Solar Challenge, the world’s toughest solar car competition, held in Australia we will reach our goal.” Paes added that the Solaride team is excited to present their solar car to the world and to inspire others with the help of Yolo Group.”

In September, Yolo Group’s Talent Acquisition Lead Mirjam Laurisaar will take part in a leadership training day with Solaride, assisting the project with its recruitment across a series of workshops.

Richard Barnwell, Head of Partnerships at Yolo Group, said: 

“We’ve been massively impressed by everything the Solaride team has achieved over the past three years. As well as the SolarCar itself, their commitment to nurturing the next generation of environmentally-conscious innovators is inspiring. They share our fun, fast, and fair values, and we’ll be supporting them on the next step of this remarkable journey.”

The Solaride project began in 2020 as an initiative by two students at the University of Tartu with the aim of building the first solar car in the Baltics. That achievement has today grown into an interdisciplinary education and cooperation project whose main focus is the development of future talent and the popularization of technology education. More than 300 high school students, university students, mentors, trainers and partners are now involved.

About Solaride

Solaride is an interdisciplinary education project that develops future leaders through practical challenges, collaboration, and the Solaride Academy training and mentorship program. As part of the project, a world-class solar car will be built to compete in the Bridgestone World Solar Challenge 2023, going against the top universities in the world. The goal of Solaride is to develop people by developing a solar car.

Solaride’s main sponsor is the Estonian government in cooperation with Tehnopol. Major sponsors include TalTech, the University of Tartu, and the Estonian University of Life Sciences, as well as companies like Magnetic MRO, Telia, Norma, Solarstone Energy, Milrem Robotics, Go Travel, Fractory, Intar, Tartu City, Incap, Sunly, Elmo Rent, and City Motors. Additionally, many other companies and organizations support the project. Find out more at  www.solaride.ee

About Yolo Group

Yolo Group brings next-level innovation to the worlds of gaming, fintech, blockchain, and more. Serving millions of users worldwide, the Yolo Group is committed to putting the customer at the center of the universe via a wide range of fun, fast, and fair products and services, including the pioneering bitcoin-led casino Bitcasino.io and innovative sports betting site Sportsbet.io.

Number 26th on the 2022 EGR Power 50 list of leading global operators, the Group continues to drive crypto adoption and fintech innovation within both the iGaming and entertainment industry via its array of disruptive B2C and B2B brands.

With offices in Estonia, Malta, Brazil, Australia, and the Philippines, the Group has rapidly expanded to more than 900 employees of more than 60 nationalities. The Group continues to incubate and support new brands, developing its vast, expansive ecosystem of people, products, and services.

Find out more on www.yolo.com

Media Contact Details

Contact Name: Claudia Lama

Contact Email: press@yolo.com      

Yolo Group is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source: thinkbitcoins

Unleashing the Power of DeFi with Uniswap and Bitcoin Spark: A Match Made in Crypto Heaven

Uniswap and Bitcoin Spark are dynamic smart contract players, each boasting unique strengths. A convergence of Uniswap’s innovative decentralized exchange protocol and Bitcoin Spark’s revolutionary PoP approach is a perfect match that could redefine the landscape of decentralized finance (DeFi).

What is Uniswap?

Uniswap is a smart contract decentralized exchange (DEX) that deviates from the traditional exchange model, where a centralized entity manages operations. Instead, Uniswap is characterized by complete decentralization, ensuring transparency, autonomy, and security. It operates based on an automated market maker (AMM) protocol, allowing users to trade ERC-20 tokens directly from their digital wallets. Uniswap eliminates the need for traditional order books and intermediaries by utilizing smart contracts to facilitate token swaps. Uniswap’s decentralized nature and innovative trading model have been pivotal in shaping the DeFi landscape, where users directly swap assets from their wallets. Uniswap’s open-source architecture has paved the way for the other decentralized exchanges’ development and trading protocols, further cementing its influence in the ever-evolving blockchain space.

What is a Bitcoin fork?

A Bitcoin fork happens when the Bitcoin network splits into separate branches, each deploying its own rules. One branch continues following the original rules, while the other adopts new ones. A soft fork means the new branch is compatible with the original one. A hard fork creates a completely new blockchain and token that isn’t compatible with the original. Hard forks often attract attention since they alter the network, including mining difficulty, block size, and transaction cost. Most Bitcoin forks strive for network upgrades through fast transactions or increasing block size. Bitcoin forks like Bitcoin Spark are significant in the cryptocurrency world as they change how the network functions and introduce new solutions.

Bitcoin Spark: The Next Crypto Revolution

Bitcoin Spark disrupts the cryptocurrency space through a Proof-of-Process (PoP) that combines PoW and PoS mechanisms in its blockchain technology. This unique fusion allows for equitable reward distribution and stability within the network. BTCS concept involves users staking tokens and contributing processing power to the network. The Bitcoin Spark network’s clients utilize this computational power for various tasks, such as high CPU or GPU load processes.

The Bitcoin Spark application prioritizes genuine decentralization through the PoP mechanism and is supported by a unique algorithm that prevents linear rewards on sheer processing power or stake amount. The app ensures that rewards are more equitably apportioned across smaller or larger participants in the network. The Bitcoin Spark application facilitates mining, validation, and processing. Validators play a vital role in the Bitcoin Spark network, guaranteeing security and network health. Bitcoin Spark application is lightweight, making it suitable for low-power devices featuring the participation of a larger number of validators. As such, the app allows limitless devices to validate and contribute processing power to the Bitcoin Spark network. Once the polished product is launched, this application will become open-source and allow dApps.

BTCS runs an ICO currently in phase two at $1.75 with a bonus offering of 15%. The early BTCS holders expect a 657% gain from their investment upon launch at $10. The prospective investors can take comfort in the project’s healthy infrastructure, as confirmed by Cognitos KYC and ContractWolf audit.

Website: https://bitcoinspark.org/

Buy BTCS: https://network.bitcoinspark.org/register

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Photo by Carlos Muza on Unsplash

Source: null tx

Source: thinkbitcoins

Unleashing the Power of DeFi with Uniswap and Bitcoin Spark: A Match Made in Crypto Heaven

Uniswap and Bitcoin Spark are dynamic smart contract players, each boasting unique strengths. A convergence of Uniswap’s innovative decentralized exchange protocol and Bitcoin Spark’s revolutionary PoP approach is a perfect match that could redefine the landscape of decentralized finance (DeFi).

What is Uniswap?

Uniswap is a smart contract decentralized exchange (DEX) that deviates from the traditional exchange model, where a centralized entity manages operations. Instead, Uniswap is characterized by complete decentralization, ensuring transparency, autonomy, and security. It operates based on an automated market maker (AMM) protocol, allowing users to trade ERC-20 tokens directly from their digital wallets. Uniswap eliminates the need for traditional order books and intermediaries by utilizing smart contracts to facilitate token swaps. Uniswap’s decentralized nature and innovative trading model have been pivotal in shaping the DeFi landscape, where users directly swap assets from their wallets. Uniswap’s open-source architecture has paved the way for the other decentralized exchanges’ development and trading protocols, further cementing its influence in the ever-evolving blockchain space.

What is a Bitcoin fork?

A Bitcoin fork happens when the Bitcoin network splits into separate branches, each deploying its own rules. One branch continues following the original rules, while the other adopts new ones. A soft fork means the new branch is compatible with the original one. A hard fork creates a completely new blockchain and token that isn’t compatible with the original. Hard forks often attract attention since they alter the network, including mining difficulty, block size, and transaction cost. Most Bitcoin forks strive for network upgrades through fast transactions or increasing block size. Bitcoin forks like Bitcoin Spark are significant in the cryptocurrency world as they change how the network functions and introduce new solutions.

Bitcoin Spark: The Next Crypto Revolution

Bitcoin Spark disrupts the cryptocurrency space through a Proof-of-Process (PoP) that combines PoW and PoS mechanisms in its blockchain technology. This unique fusion allows for equitable reward distribution and stability within the network. BTCS concept involves users staking tokens and contributing processing power to the network. The Bitcoin Spark network’s clients utilize this computational power for various tasks, such as high CPU or GPU load processes.

The Bitcoin Spark application prioritizes genuine decentralization through the PoP mechanism and is supported by a unique algorithm that prevents linear rewards on sheer processing power or stake amount. The app ensures that rewards are more equitably apportioned across smaller or larger participants in the network. The Bitcoin Spark application facilitates mining, validation, and processing. Validators play a vital role in the Bitcoin Spark network, guaranteeing security and network health. Bitcoin Spark application is lightweight, making it suitable for low-power devices featuring the participation of a larger number of validators. As such, the app allows limitless devices to validate and contribute processing power to the Bitcoin Spark network. Once the polished product is launched, this application will become open-source and allow dApps.

BTCS runs an ICO currently in phase two at $1.75 with a bonus offering of 15%. The early BTCS holders expect a 657% gain from their investment upon launch at $10. The prospective investors can take comfort in the project’s healthy infrastructure, as confirmed by Cognitos KYC and ContractWolf audit.

Website: https://bitcoinspark.org/

Buy BTCS: https://network.bitcoinspark.org/register

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Photo by Carlos Muza on Unsplash

Source: null tx

Bitcoin needs to step aside, the next Bitcoin with a real product is here

Bitcoin (BTC) is the first and largest cryptocurrency by market cap. However, the cryptocurrency landscape has greatly evolved since its creation in 2009. And Bitcoin Spark (BTCS), a new crypto project with a real-world product, is challenging Bitcoin’s supremacy by paving the way for a new era of cryptocurrency use cases.

Bitcoin news

BlackRock (BLK) submitted a spot Bitcoin ETF proposal in June, sparking a flurry of similar initiatives. Many in the industry saw this move as a possible step toward SEC approval, given BlackRock’s prominence in the U.S. financial sector. However, the SEC has recently deferred its decision on the Ark21 Shares Bitcoin ETF, extending the evaluation process due to specific application amendments. The original deadline for the SEC’s verdict was set for August 13, but now, a resolution might be postponed until 2024. However, despite prior rejections of spot Bitcoin ETF proposals, it’s worth noting that Bitcoin ETFs based on futures contracts already exist and are a noteworthy development in the evolving cryptocurrency investment landscape.

Evolving beyond Bitcoin (BTC): The promise of Bitcoin Spark (BTCS)

Bitcoin Spark (BTCS) is a hard fork of Bitcoin (BTC). This new crypto project retains the favorable aspects of BTC, such as its capped supply of 21 million. But it also leverages strategic enhancements to fulfill a broader spectrum of needs, charting a path distinct from its predecessor.

Understanding the pressing need for swifter and more cost-effective transactions, Bitcoin Spark introduces significant changes to Bitcoin’s core mechanics by reducing the time per block, increasing the individual block transaction capabilities, and having a substantially higher number of nodes. This ensures the network is capable of handling high transaction volumes promptly and affordably, making it a better alternative for day-to-day crypto transactions. Bitcoin Spark also enables smart contracts on its network, a domain where its predecessor has limitations. This transformative shift is realized through meticulously designed multi-layered architecture that reaches finality on the main network. The layered system also allows developers to deploy smart contracts in a variety of programming languages. This strategic move is poised to nurture a diverse ecosystem of decentralized applications (dApps) on the Bitcoin Spark network, extending the utility of BTCS.

What sets Bitcoin Spark apart most, however, is its potential to become a self-sustaining, profit-generating ecosystem with a limited supply. This is possible through the project’s proprietary application and Proof-of-Process (PoP) consensus mechanism. The PoP rewards miners for validating blocks and providing processing power to the network. The team behind Bitcoin Spark will develop an easy-to-use mining application that can be installed on any iOS, Android, Windows, Mac OS, or Linux device and allow the user to mine by permitting access to their device’s processing unit. The software will run in an isolated environment that doesn’t interact with any other part of the device and will limit itself on the resources it is able to use on the device to account for various usage requirements, such as battery life. This opens up network validation to anyone with a smart device, democratizing BTCS mining and increasing the security of the network.

The miners’ processing power is rented to individuals and institutions engaged in high CPU/GPU load tasks as remote computing power by the Bitcoin Spark network. The clients will be required to pay for this service using BTCS, with the revenue generated going to the mining pool. This means the ability for unlimited devices to provide processing power to the Bitcoin Spark network could increase the product potential infinitely. The network will also include supplementary services to boost revenue, such as advertising on its application and website.

The minting rewards for BTCS are adjusted based on various factors, the most notable being revenue yields. Augmented revenue entails diminished minting rewards, subsequently elongating the minting cycle.

With its visionary approach, Bitcoin Spark promises to be a beacon of progress in the digital currency landscape, fostering a future where profitability, inclusivity, and utility converge. Several analysts suggest Bitcoin Spark is the new Bitcoin, and its Initial Coin Offering (ICO) provides a second chance for those who missed out on the early days of BTC. The ICO is phase 2, with BTCS selling at $1.75 and investors getting a 15% bonus.

For more information on Bitcoin Spark:

Website: https://bitcoinspark.org/

Buy BTCS: https://network.bitcoinspark.org/register

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Photo by Thought Catalog on Unsplash

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Source: thinkbitcoins