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At the time of Bitcoin’s inauguration, few people were conversant with blockchain technology and its potential to disrupt almost all sectors and industries. When the digital asset started to trend in 2013, many believed that the hype would quickly submerge. Fast forward to date, and many regret not joining the bandwagon early enough when Bitcoin was significantly undervalued. One particular billionaire stands out among the sophisticated investors, who had the golden opportunity of buying thousands of Bitcoins at enormously discounted prices compared to the prices the digital asset is trading at and the peak all-time-high price of $69k. However, a similar opportunity exists in Bitcoin Spark for investors who, for some reason, missed out on Bitcoin’s road to success.
BTC Price Prediction
Analysts have expressed different views and opinions on future Bitcoin price action. While some believe the correction witnessed since 2022 is not yet over, most believe that Bitcoin is a ticking time bomb that could explode any time, propelling BTC price to challenge its all-time high price of $69k. Institutions such as Grayscale and BlackRock have indirectly showcased their prediction that Bitcoin is not going down any time soon.
Grayscale has been purchasing Bitcoin for the longest time and has applied for a BTC ETF approval from the Securities and Exchange Commission. BlackRock also applied for the same ETF approval, and both applications are pending reviews from the US financial watchdog. If accepted, the news could trigger bullish activities in the crypto market, sending Bitcoin to all-time highs, according to predictions from analysts.
What is a Bitcoin Fork?
A Bitcoin fork is a byproduct of a technical or fundamental change in the governing rules of the Bitcoin network that results in conflicting intentions of developers and network participants. When the disagreement happens, a group of developers typically distance themselves from Bitcoin and attempt to create an alternative network to address the issue that caused the conflict and any other solution the team may decide to generate.
Bitcoin forks exist in two forms: soft forks and hard forks. Soft forks are typically compatible with the underlying Bitcoin network and do not offer alternative networks. However, hard forks are incompatible with the parent network, leading to the development of a new network. An excellent example of a Bitcoin hard fork is Bitcoin Spark.
Why is Bitcoin Spark better than Bitcoin?
Although Bitcoin is usually referred to as the first-to-market project of the decentralized ecology, it is usually not the best platform for Web3 development nor the best digital asset to invest in for capital gains. The Bitcoin network is characterized by complicated mining systems, high transaction costs, low speeds, and limited scalability and interoperability. Bitcoin Spark is bringing permanent solutions to Bitcoin users and Web3 participants looking for a platform that offers more than a decentralized digital currency.
Bitcoin Spark’s first strategic solution is intensive marketing following a unique approach called innovative disruption that will entail modern marketing techniques like storytelling, strategic positioning, and technology capitalization. Back then, Bitcoin enthusiasts relied on word of mouth and lowly attended conferences, which took Bitcoin longer to gain mainstream users than it should have. The creative marketing methodology on Bitcoin Spark has already shown impressive results. Within just a few weeks, the Bitcoin Spark presale has raised more than $5 million in just eight completed phases.
The newcomer has also showcased impressive features that include an advanced Vital Block audited smart contract containing four layers, each with a distinct functionality that plays a pivotal role in ensuring the network is efficient and secure at all times. The smart contract is simpler than you would think. Unlike most smart contracting platforms, Bitcoin Spark’s advanced smart contract will accommodate multiple programming languages, including Vyper and Solidity. The smart contract will also contain a parallel layer for deploying additional contracts in Rust. This smart contract layer will promote Web3 innovation and technological advancement by facilitating the creation of decentralized applications.
For more information:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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