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Initial coin offerings (ICOs) remain the most common and successful way of raising funds for crypto start-ups. Successful projects like Solana held initial coin offerings in the past and have now grown and developed to rank among the most extensive digital currencies in the space. Bitcoin Spark is the newest and most promising ICO, which experts and crypto analysts have closely associated with Solana’s initial development stages. Bitcoin Spark is in phase 10 of its ICO, and investors can buy BTCS for just $3.75 each ahead of a mega bonus event.
What is Solana?
Solana is a blockchain-based digital platform developed to scale decentralized applications. The venue boasts a high transaction speed of up to 65000 transactions per second and an open-source network that powers large volumes of nodes. Solana was developed in 2017 through a successful ICO that raised $25 million and went live in March 2020. Solana developers claim that the platform is still in its beta release and that the full Solana functionality will be witnessed in a few years. Solana’s consensus mechanism is proof of history, a variation of the proof of stake consensus often used by other major blockchains such as Ethereum. The native utility and gas token of the Solana blockchain is SOL, which is listed on major centralized and decentralized exchanges.
What is Bitcoin Spark?
Bitcoin Spark is a decentralized high-performance blockchain developed to fork BTC and provide additional utility to the decentralized ecosphere. The project has a capped token supply of 21 million BTCS, of which 4.3 million have been minted on Ethereum. The cross-network minting took place to support the ICO event and numerous bonus events the developers have had since the ICO began. The Bitcoin Spark mainnet is currently under beta tests from the developers, a team of three white hat hackers, and a group of selected individuals presently interacting with the smart contract’s execution layer.
Since the blockchain network is currently in beta tests, the developers have not yet revealed the underlying code for security measures. Once the beta test is completed and the participants agree the network is fit and secure for public use, the developers will make the code available for the community members and the general public. Even after the official mainnet release, the developers will monitor any security concerns that may jeopardize the network’s activities and compromise its security layers.
Network speeds are essential for Web3 operations. That is why Bitcoin Spark will have more validating nodes to independently verify each transaction, allowing the network to reach transaction finality faster than most blockchain networks. These speeds will put the network up to speed with Solana’s incredible transaction speeds, enhancing user experience.
Bitcoin Spark’s Upcoming Mega Bonus Event Will Shock Solana Whales
Bitcoin Spark’s ICO appears to follow the shadows of Solana’s ICO. It’s 9 phases raised more than $5 million, allowing the team members to accelerate their earnings in the long run by getting involved at such an early stage. The Bitcoin Spark ICO is coming to an end with a mega bonus event announced by the developers. The bonus event has yet not started. Solana Whales and other participants await official communication from the team members, which should be relayed through its official social platforms soon. Bitcoin Spark strives to excel and profoundly appreciates its community members.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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