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In the developing cryptocurrency universe, immense innovations have emanated promising interoperability and efficiency. XRP and Cardano are among the inaugurations that have set waves in the decentralized sphere. These digital currencies are known for their improved scalability and transaction speeds.
The two have captured a wide range of individual and retail investors. Cardano’s ecosystem also has surged in the virtual currency due to its smart contract systems that enable developers to create decentralized applications on top of the mainnet. Recently, the blockchain ecosystem has introduced a new digital currency platform, Bitcoin Spark. Cardano whales have suggested that a $700 BTCS will likely exist.
What is XRP?
XRP is regarded as the native currency of Ripple. Ripple is a distributed ledger platform developed by Ripple Labs. The platform was launched in 2012 to improve the blockchain ecosystem. The project utilizes a consensus mechanism unique in the distributed ledger, ledger consensus protocol.
The process allows individuals to participate in the development of the project. XRP is a governance token as individuals can become decentralized autonomous organizations. DAOs have a right to partake in the voting mechanism of the network, which contributes towards changes.
Could Bitcoin Spark Reach $700?
Bitcoin Spark, a new Inaugurant in the crypto sphere, has gained immense traction from the traditional finance ecosystem. Several Bitcoin, Ethereum, and Cardano whales have entered the ecosystem with hopes of accumulating massive profits as the project surges. There are a number of crypto enthusiasts who portray the project to hit the $700 mark.
The cryptocurrency platform was developed to promote transparency, efficiency, and scalability. Bitcoin Spark is a platform that seeks to provide all these attributes comprehensively. Therefore, the project has a clear roadmap that proposes each phase’s development. Among the most trusted and reliable audit platforms, Contract Wolf and Vital Block have audited the platform.
Bitcoin Spark has its native currency called BTCS. BTCS rewards validators for creating new blocks and tokens in the ecosystem. The process of confirming new blocks leads to improved security within the platform. The maximum supply of the native tokens (BTCS) is 21 million, similar to Bitcoin’s total supply. 4.55 million has been disbursed to liquidity launch, while 16.45 million has been allocated to the mining reward pool.
In addition, the launch supply has been distributed to initial coin offerings, pre-launch liquidity pools and exchanges, and team tokens. Bitcoin Spark is in the early stages of phase 6 of the ongoing presale. Individuals can purchase a single BTCS as cheaply as $2.75. During this phase, they are given an 8% bonus and will have capital gains of 393% in the launch period happening on 30th November.
The project also has incorporated smart contract systems containing multilayers. These multilayers enable the utilization of EVM-compatible low-level and high-level languages. The smart contract also allows developers to create their applications on top of the mainnet using various programming languages such as Solidity and Vyper.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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