Competition is stiff in the virtual world. Blockchain-powered cryptocurrency projects launch frequently to outperform existing projects through the provision of high utility platforms. These projects have improved functionalities and advanced technology, making them favorable investment vehicles for enterprising cryptocurrency fans and blockchain enthusiasts. Competition in Web3 is healthy and promotes the growth of the ecology through innovation and technology. For instance, this new Bitcoin alternative showcases a lot of potential to outperform smart contracting platforms like Tron.
Is Tron’s TRX a good investment?
Tron was founded in 2017 by Justin Sun, a renowned Chinese cryptocurrency entrepreneur. The platform was created to offer a suitable alternative to the Ethereum network by solving some major limitations facing Ethereum users. These limitations included the complex mining operations that Ethereum proof-of-work consensus was facing at the time, high gas fees, slow transaction speeds, and limited scalability.
Justin Sun capitalized on the proof-of-stake network validation principles, which are more energy-conserving and less complex. The Tron network also offered higher speeds of up to 2,000 transactions per second compared to Ethereum’s 15 TPS at the time. Tron’s native digital asset is TRX, currently among the top-performing crypto assets in the entire DeFi ecosystem.
Bitcoin Spark is a better alternative than Tron
While Tron focuses on Ethereum’s shortcomings only, Bitcoin Spark generally emphasizes improving the entire crypto ecosystem. Bitcoin Spark is a Bitcoin alternative gaining mainstream attention for its exclusive perks and impressive return on investments to both sophisticated and retail investors. The platform is currently being developed. However, whales of other blockchain-powered networks, such as Ethereum, Tron, and Bitcoin, are shifting their focus on Bitcoin Spark due to its exclusive earning perks designed to reward early adopters.
Bitcoin Spark is currently in the fifth phase of its ongoing ICO, selling its native digital asset, BTCS. During the ongoing phase, the ERC-20 tokens are selling for $2.50 per token, and investors also get an additional 9% bonus in BTCS on all investments. Compared to the overall intrinsic value of BTCS tokens, the current retail price is a life-changing opportunity that investors can capitalize on for massive gains shortly.
By purchasing the tokens now, investors will make 436% capital gains when the ICO ends and the project debuts its mainnet network, where each token will retail at $10. This is why institutions, venture capital firms, and seasoned investors consider Bitcoin Spark a lucrative investment opportunity, especially in these difficult times.
One of the most unique features of Bitcoin Spark is its revenue-generating systems that will kick off soon after the official mainnet release. The platform intends to start revenue generation methods that will yield income in BTCS tokens for the team behind the project’s creation, as well as network participants and community members.
The platform uses a new consensus mechanism called proof-of-process that yields processing power when network participants mine BTCS. The processing power will be lent out to external players, including institutions and organizations, which will be required to pay for the platform in BTCS. This income stream will be the primary revenue stream, and miners will get 97% of the income. The remaining 3% will be directed to the Bitcoin Spark team. But BTCS tokens today.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
Source: https://www.analyticsinsight.net/trons-new-competitor-how-bitcoin-spark-is-disrupting-the-decentralized-web/