Ethereum is the largest smart contracting platform in cryptocurrency ecology. The platform has been around since 2015, making it the second oldest blockchain network after Bitcoin. A young computer scientist, Vitalik Buterin, spearheaded the project. Although Ethereum is an open-source network, the platform suffers from limited scalability problems and high transaction fees. This problem has given rise to ‘Ethereum Killers’, layer 1 and 2 solutions running on the network to improve the two limiting factors of Ethereum. These solutions include Aptos and Optimism.
Optimism and Aptos rise to fame
Optimism is a Layer 2 blockchain running on the Ethereum mainnet. On the platform, transactions run on Optimism, but the data is validated and posted on the layer one solution on the Ethereum blockchain. Optimism was launched in December 2021 and quickly expanded to become one of the largest layer-two scaling solutions on the Ethereum blockchain (second to Arbitrum). According to stats from DeFi Llama, Optimism currently has $529 million locked up in its smart contracts. OP is the platform’s native token that gives holders rights to participate in Optimism Collective.
Aptos is a layer-one solution on Ethereum. The project operates on the Proof of Stake consensus mechanism that allows users to stake APT to validate transactions on the network. Aptos launched with a massive hit on the industry by launching 2% of APT’s total supply to more than 100,000 wallets. Crypto projects have tanked to all-time lows primarily due to the current bearish market sentiment displayed on most digital asset charts, with some losing more than 90% of their value compared to prices at the bull market’s peak in Oct 2021.
Oryen Network will prevail over Aptos and Optimism
Projects with credibility bring a sense of security to the investor. Oryen Network offers utility for the capital, unlike similar DeFi projects currently advertising meme coins with no utility. Oryen is currently on presale and set to launch amidst the ongoing bearish crypto market sentiment. The launch is perfect as it is at the bottom of the market when crypto prices may start to see bullish sentiments to end the tough year.
Since most investors have liquidated their crypto assets, they have enough capital to invest in the Oryen Network, making the bear market a strategic period to go live. Purchasing ORY will allow investors to get a share of all gas fees generated through its Decentralized Exchange set to launch sometime soon. In addition, investors will earn a 90% APR on all invested capital, making Oryen the hottest DeFi project currently on presale. Buy ORY today.
For More Information:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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Source: https://www.thecoinrepublic.com/2022/12/08/ico-in-bear-market-means-the-only-way-is-up-oryen-network-showing-optimism-and-aptos-how-its-done/