PrivaCrip, Cosmos and Avalanche to Add More to the Blockchain Space

Proof-of-stake cryptocurrencies as new crypto PrivaCrip (PRCR), Cosmos (ATOM) and Avalanche (AVAX) have several technical advantages (blockchain security) and various financial rewards to their holders (simply put, users can earn by holding several PoS cryptocurrencies). This provides the dual benefits of securing the blockchain network and allowing users to earn incentives or rewards on their holdings.

However, cryptos such as PrivaCrip (PRCR), Cosmos (ATOM) and Avalanche (AVAX) provide additional benefits for the cryptocurrency market because of their unique use cases. These use cases help increase their widespread adoption, appeal and value.

If you don’t already have any of these PoS currencies, you should start exploring them as they can be a great source of smart passive income. Let’s discuss how they add more to the blockchain space.

Cosmos (ATOM) — PoS Token for Blockchain Interoperability

Cosmos (ATOM) is a unique DeFi project. The Cosmos (ATOM) network seeks to solve the problem of blockchain interoperability, enabling interaction across different blockchains.

Cosmos (ATOM) allows chains to share data and information and accelerate transactions using open source tools. Each new block created is held on the Cosmos hub, a proof-of-stake (PoS) blockchain that operates with the network’s digital token – ATOM.

ATOM tokens offer several tools, including completing network transactions and facilitating interoperability between different blockchains. ATOMs are also distributed as rewards to Cosmos network validators – the users who control the chain.

With a market capitalization of $2.9 billion, ATOM is, at the time of writing, the 27th largest cryptocurrency by market capitalization, according to Coinmarketcap.

Avalanche (AVAX) — PoS Token for Blockchain Scalability

Avalanche (AVAX) is a blockchain platform that uses a unique proof-of-stake (PoS) approach to address the blockchain trilemma of scalability, security, and decentralization.

Like Ethereum, Avalanche (AVAX) supports smart contracts to run decentralized applications (dApps) on the network. Since Avalanche’s smart contracts are written in the Solidity language, also used by Ethereum, it aims to create larger blockchain interoperable by integrating several decentralized finance (DeFi) ecosystems, including well-established projects such as Aave and Curve.

According to reports, Avalanche (AVAX) has the most validators performing proof-of-stake work and is the fastest smart contract platform.

AVAX, the original token of the Avalanche platform, powers the ecosystem. AVAX acts as a means to distribute system rewards, participate in governance and facilitate transactions on the network by paying fees.

PrivaCrip (PRCR)

PrivaCrip (PRCR) is a new proof-of-stake (PoS) built with the Cosmos SDK. Powered by its native token, PRCR, PrivaCrip combines private computing and blockchain. Blockchain considers logging and authorization with high accountability and “reversibility”. Private data processing guarantees information confidentiality that also prevents unauthorized reuse.

PrivaCrip (PRCR) created the groundbreaking classified parallel runtime system for executing private smart contracts. In a private parallel runtime system, the nodes must utilize an innovative, secure registration technology called a Trusted Execution Environment (TEE). TEEs act as theoretical black boxes for executing smart contracts in a classified parallel runtime system.

Encoded data goes into the black box next to a smart contract, where the data is decoded, processed by the smart contract, and then encrypted before being sent to the TEE.

Debuts on the cryptocurrency market, the project is about to launch its pre-sale. You can jump on this bandwagon and earn exciting pre-sale bonuses including 7%, 4% and 2% bonuses respectively on the first three pre-sale stages.

Final thoughts

PoS cryptocurrencies allow users to earn passive rewards without liquidating their holdings. Nevertheless, having in-demand blockchain use cases can help the community’s growth and improve their token value and consequently improve the value of users’ holdings.

Consider PrivaCrip (PRCR) if you are new to the cryptocurrency market and want an innovative PoS project. This platform is user-friendly and allows you to get started immediately.

Also, when you buy their presale, you can earn a 10% bonus on Bitcoin (BTC) and a 15% bonus on Ethereum (ETH).

To know more about PrivaCrip (PRCR) and the pre-sale visit:-

PrivaCrip (PRCR)

Advance sales: http://join.privacrip.io/
Website: http://privacrip.io/
Telegram: https://t.me/PrivaCripOfficial
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