Outside Source
As cryptocurrencies and blockchain technology mature, it becomes apparent that real, tangible products and solutions are the cornerstones of sustainable success.
NEAR Protocol garnered significant attention for its ambitious goals, with a unique narrative and approach. Bitcoin Spark stands out for its focus on real products and accessible solutions delivery.
NEAR Protocol
NEAR Protocol is software encouraging computer networks to run a platform for developers to build dApps. NEAR maintains a distributed network of computers that serves as the foundation for building applications. It uses sharding, which splits the network into parts, so each computer (node) only handles a portion of the transactions, making data retrieval more efficient and helping the platform scale.
NEAR Protocol uses its token, NEAR, for various purposes in settling transaction fees, running apps, and storing payments. When apps use the network, they pay for storage and processing, and some of these tokens are “burned” or removed from circulation, reducing the total number available.
The protocol relies on computers running its software to ensure accurate transactions. Validators who stake tokens receive rewards for ensuring the network’s security and validity.
NEAR Protocol’s appeal lies in its sharding technology, which can enhance transaction capacity and security. Developers may find it valuable for building efficient applications, and Ethereum developers looking to link their apps to NEAR may find its Layer 2 solutions appealing. Investors interested in sharding and the growth of the NEAR ecosystem may consider adding NEAR to their portfolio.
Sharding is a blockchain design where each node stores only a portion of the data, enabling more scalability, faster transactions, and lower fees. NEAR Protocol uses Nightshade to maintain a single data chain while distributing the computing tasks into smaller “chunks” handled by nodes. This approach reduces potential security vulnerabilities as nodes are responsible for smaller sections of the larger chain.
Bitcoin Spark (BTCS)
Bitcoin Spark, through its ICO, offers an exciting opportunity for experienced and new investors to explore and participate in the future of cryptocurrency. BTCS is all about making crypto more accessible and inclusive, using its unique Proof of Process technology. Bitcoin Spark strives for a transparent and affordable infrastructure for investing and profiting in the crypto arena.
Crypto mining, especially BTC, has become quite complex and challenging. Bitcoin Spark attempts to change this narrative by providing computing power for anyone interested in mining.
It deploys a user-friendly mining application applicable to accessible devices like smartphones and computers. This application lets miners contribute their processing power and earn rewards. Bitcoin Spark also rents out computing power to individuals and companies, generating sustainable income. BTCS mining rewards are distributed fairly, ensuring all miners benefit, regardless of their processing power or stake.
BTCS has undergone rigorous KYC checks and smart contract audits to ensure compliance and stability of its infrastructure. Currently, in its ICO phase ten, BTCS is priced at $3.75 with a 4% bonus, The launch price on November 30 is set to $10.
Beyond the launch, Bitcoin Spark will deploy smart contracts, a Bitcoin Spark Wallet, and dApps development infrastructure. The BTCS multi-layered system makes crypto mining accessible to anyone willing to participate while focussing on transparency and inclusivity.
Learn more about BTCS ICO:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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