Bitcoin is widely known as the trendsetter for innovation and development in the cryptocurrency arena. The digital asset initiated a new class of assets that investors worldwide can capitalize on and make significant gains. The network’s invention inspired new cryptocurrency projects that have increased in numbers.
It’s worth noting, though, that altcoins have historically provided more returns than Bitcoin on certain occasions.
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What is NEAR Protocol?
Near Protocol is a proof-of-stake smart contract platform developed to create a decentralized platform for cloud computing that community members run. The platform is characterized as an ‘Ethereum killer,’ a group of digital platforms developed to offer an alternative platform for Ethereum users. Near’s smart contract is fairly advanced, allowing Near users to deploy decentralized applications.
Compared to Ethereum, Near is much more scalable, which means the network can handle large volumes of transactions at a cheaper and faster rate than its predecessor.
What is Arbitrum?
Arbitrum is a decentralized platform specifically designed to foster Ethereum’s scalability. Scaling Ethereum means that Arbitrum gives users a platform similar to Ethereum where these participants can conduct their on-chain activities but cheaper than what they would be charged on the Ethereum mainnet.
Arbitrum is powered by Arbitrum rollups, which run as submodules of Ethereum. The rollups eliminate the need for Ethereum nodes to confirm arbitrum transactions, implying that Ethereum will trust the Arbitrum layer for on-chain activities in the concept of ‘innocent until proven guilty’ perspective.
What is Bitcoin Spark?
Bitcoin Spark is a Contract Wolf-approved smart contracting BTC fork with a high-performance proof of process blockchain. The platform comprises a self-sustaining digital infrastructure that accommodates revenue generation mechanisms, virtual building, and innovation. The platform’s developers have pioneered the project through comprehensive audit processes from independent firms to promote transparency and accountability. The platform mimics Bitcoin’s tokenomics but provides more value.
BTCS is Bitcoin Spark’s utility and gas token. Apart from being used as a medium of exchange for buying goods and services and a gas settlement medium, BTCS also presents an opportunity for those looking to dip their toes into cryptocurrencies. In a few years, Bitcoin Spark could have the same limelight as other altcoins.
Bitcoin Spark’s ICO is in its sunset stages. The current stage is phase 10, and each BTCS token is available for a retail price of $3.75 and qualifies for a 4% bonus that is also deposited in BTCS to the buyer’s account.
The launch will happen on Uniswap and XT.com on November 30th, and the designated starting price is $10.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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Source: https://cryptopotato.com/arbitrum-and-bitcoin-spark-opening-the-door-to-success-with-these-two-altcoins/