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Ethereum killers are projects that offer alternative blockchain networks with improved features and more advanced technology than Ethereum. These projects became famous in the last bull market and made headlines among the top-performing altcoins in the DeFi ecosphere. One platform that stood out from the rest at the time was Solana. It is popularly known for its impeccable speeds of up to 65,000 transactions per second. These projects stormed the cryptocurrency market, attracting investments from both retail and institutional investors. Although their success is directly congruent with massive utility, they differ from Bitcoin Spark, an emerging digital platform with more advanced features for Web3 users.
Will Solana Go Up?
Solana is a smart contracting platform developed to rival Ethereum with a high-performance blockchain facilitating high speeds and massive room for scalability. At its peak, the platform integrated smart contracts that allowed the network to host various decentralized economies, including smart contracts, non-fungible tokens, NFT marketplaces, and blockchain games with play-to-earn gaming models. However, the platform has since dwindled and its price has been invaded by increased bearish sentiments after its ties with FTX came to light. FTX and its sister company, Alameda Research, had invested in Solana before both collapsed. The project still has room for a comeback, but only time will tell.
Bitcoin Spark is the Future of Decentralized Finance
DeFi is a rapidly growing virtual ecosystem that aims to recreate traditional finance with decentralized financial innovation. The industry has witnessed remarkable growth with the launch of new and improved projects like Bitcoin Spark. It is a Bitcoin alternative promising to rewrite DeFi history by promoting decentralization and developing a self-sustaining ecosystem. With a new consensus mechanism and an improved mining and staking consensus ecosystem, Bitcoin Spark remains the largest contender of existing derailed smart contracting platforms like Solana.
Bitcoin Spark intends to implement a new network validation process that will capitalize on double consensus to verify transactions and approve new Bitcoin Spark blocks in the network. The double consensus entails improved versions of the proof of work and the adaptive proof of stake consensus mechanisms to maintain the network’s security while allowing everyone to participate and earn rewards in BTCS, the platform’s native digital currency.
Bitcoin Spark has been audited by three leading auditing entities in the Web3 ecology. Contract Wolf, Vital Block, and Cognitos carefully scrutinize the platform’s smart contract, and each report can be separately found online and on Bitcoin Spark’s white paper. Additionally, the team behind the platform’s development has undergone KYC audit approval to maintain transparency and promote platform accountability among incoming users.
Bitcoin Spark aims to become the best Bitcoin alternative in the market. The platform will incorporate smart contract layers to allow third-party devs to create decentralized applications, improving the network’s scalability. The smart contracts will also increase the network’s efficiency through automation of virtual executions and limited manual input requirements.
Bitcoin Spark has a running ICO event currently in phase 5, distributing BTCS tokens for $2.50 each. It is a relatively low price compared to the platform’s utility and intrinsic value. Investments made now during the fifth ICO phase will be worth 436% more when the token launches on November 30th at $10 per token. Buy BTCS tokens today and join early adopters in the early stages of Bitcoin Spark’s development.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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