With the crypto market seemingly rebounding, experts recommend investing in Ethereum (ETH) alongside Bitcoin Spark (BTCS) to maximize your crypto earnings.
Despite fluctuations and the Ethereum (ETH) price being significantly below its all-time high (ATH), several indicators support the notion that it will go up. First, Ethereum’s underlying technology, being the first to support smart contract capabilities and decentralized applications (DApps), has solidified its position in the blockchain ecosystem. It currently
commands around 55% of the DeFi sector, and that’s without adding the TVLs of any of its layer-two networks. This fundamental utility ensures a sustained demand for ETH. Furthermore, Ethereum has made notable developments to enhance scalability, security, and efficiency, including its move to Proof-of-Stake (PoS). Additionally, the growing institutional interest, seen with the request and approval of a number of Ethereum futures exchange-traded funds (ETFs), further contributes to the positive outlook for its future.
Bitcoin Spark is a new blockchain that is inspired by Satoshi Nakamoto, the creator(s) of Bitcoin. The blockchain has a low block time, high transaction capabilities per block, and a massive number of nodes, which translates into fast transaction processing and low fees for users.
Bitcoin Spark also boasts a robust network for smart contracts and decentralized applications (dApps). It has a multi-layered infrastructure which includes a smart contract layer with different execution systems, all reaching finality on the main network. This ensures scalability and fosters the creation of diverse smart contracts and DApps by allowing developers to choose from a range of high-level and low-level programming languages.
What has made Bitcoin Spark truly stand out is its proprietary Proof-of-Process (PoP) consensus mechanism. This mechanism combines elements of Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoP requires users to contribute processing power to the network in order to confirm blocks and earn rewards. However, the mechanism exponentially reduces rewards per additional power to ensure a fairer distribution. This nonlinear design, combined with the extensive nodes, enables even low-powered devices to run the network. The team behind Bitcoin Spark is set to launch an easy-to-use network validation application. It compatible with Windows, Mac OS, Linus, iOS, and Android devices.
The validators’ contributed power will then be rented out to the network’s clients, who use it for remote computing and pay for the service in BTCS, the network’s native token. Notably, network validators will receive 97% of the generated revenue from CPU/GPU rental. In addition to newly minted BTCS and transaction fees from confirmed blocks. This approach thus uniquely combines decentralization, real-world application, and revenue generation.
Furthermore, the Bitcoin Spark application and blockchain explorer will have small spaces for advertisements, which will also be paid for in BTCS. The ads will be community-policied to ensure security and credibility while upholding decentralization. 50% of the revenue generated will go to network participants, with additional incentives for policing the ads.
Bitcoin Spark (BTCS) is currently trading at $3.00. With a 7% bonus in Phase 7 of its Initial Coin Offering (ICO). BTCS will launch at $10, and there are several compelling reasons to believe that its value will rise even in the post-launch period. Notably, Bitcoin Spark has a limited supply of 21 million BTCS coins, aligning itself with the scarcity principle. It has driven the substantial long-term price growth for Bitcoin (BTC). Furthermore, Bitcoin Spark brings innovative technology and real-world applications that are likely to draw many users. It generating heightened demand, which results in upward price momentum. Additionally, BTCS maintains a modest market capitalization, and its launch coincides with the start of the next predicted crypto bull run. It is also setting the stage for unprecedented price rallies.
A diversified portfolio containing Ethereum (ETH) and Bitcoin Spark (BTCS) holds promising prospects for maximal crypto returns.
For more on Bitcoin Spark and its ICO:
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