Will meme coins like Shiba Inu get beaten by technically sound project Bitcoin Spark?
The crypto world constantly evolves as old solutions take a back seat while new projects roll in.Memecoins like Shiba Inu had their field day for their viral appeal and meme-driven popularity.However, their lack of intrinsic value led to the rise of technically sound projects like Bitcoin Spark.The entry of Bitcoin Spark sparks discussions about the potential of real utility cryptocurrencies outperforming the meme-driven ones.
Shiba Inu News
Shiba Inu news is positive regarding the sentiment surrounding the much-anticipated launch of Shiba Inu’s blockchain project, Shibarium.Shiba Inu strives to shake the meme coin tag by introducing more use cases to its ecosystem.
According to Shiba Inu news, this new development marks a potential game-changer for the Shiba Inu ecosystem.Shibarium positions itself as an alternative to the Ethereum blockchain, addressing some of its challenges.The Shibarium Puppynet beta test has seen millions of users participate as the layer 2 project seeks utility solutions for SHIB, LEASH, BONE, and TREAT.
Although Shibarium proposes to reduce the total supply of the Shiba Inu token (SHIB) through burns, its current supply of 589 trillion tokens may not achieve the desired scarcity to spur price hikes.As Shiba Inu news remains upbeat, SHIB investors diversify into promising projects like Bitcoin Spark to cash in on early gains.
Bitcoin Spark (BTCS)
BTCS stands as a notable hard fork, introducing cutting-edge Proof-Of-Process (PoP) blockchain technology to revolutionize the Bitcoin mining landscape.This Bitcoin alternative uses an innovative approach to tackle challenges, paving the way for a more accessible and rewarding mining experience.BTCS believes PoP’s implementation as the consensus mechanism equalizes the mining field, making it more inclusive and efficient for miners of varying capacities.This feature addresses the mining centralization issue, where only large-scale mining operations command Bitcoin mining.
The PoP consensus mechanism tackles scalability and transaction fees, which have been persistent concerns in the Bitcoin network.PoP enables improved transaction speeds by reducing the time per block and increasing the number of individual transaction capabilities.
Like BTC,
Bitcoin Spark caps its maximum supply at 21 million tokens.However, it deviates by extending time to reach this maximum supply.The extension ensures a more gradual and sustainable distribution over time.
Bitcoin Spark also focuses on revenue generation for self-sustainability.Through CPU rental and advertising, the BTCS network generates income that can be reinvested into its operations and development, ensuring its long-term viability and growth.
Bitcoin Spark offers the Bitcoin Spark Application to facilitate mining and rewards distribution.It provides users with a seamless interface to participate in the mining process at their comfort.Users can avail their processing power to the network, and rewards are calculated based on a combination of their stake and the work they contribute to the network as remote computing power.
Bitcoin Spark started its ICO at $1.50, with a generous bonus of 20% for early participants.Imagine buying Bitcoin when it was only 1$.
This ICO allows investors to gain an ROI of 800% and benefit from potential future growth and value appreciation.
Wrap Up
As investors and crypto watchers evaluate the merits of different projects, the answer to the meme coin lack of utility question lies in the technically robust Bitcoin Spark.With its unique technology, user-friendly app, and revenue generation opportunities, BTCS aims to carve its path and attract investors seeking a promising blockchain project.
Learn more on BTCS and ICO here:
Website:
Buy BTCS:
https://network.bitcoinspark.org/register
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