Crypto News Flash: Top 3 Crypto Tokens to Contribute to the Growth of the Coin Market
In a world now dominated by cryptocurrencies and blockchain technology, it’s easy to feel like practically everything is repetitive. Yes, cryptocurrencies are impressive and can be referred to as one of the greatest innovations of the 21st century. However, constant change is needed to keep the crypto space evolving. So, what are the next crypto tokens to drive massive change in the crypto space after Ethereum and Bitcoin? Continue reading to find out more.
Polygon (MATIC)
There are only a few cryptocurrency tokens with impressive use cases in the coin market. This layer-2 solution runs alongside the Ethereum network and is designed to ensure that the network is faster and can be used for extremely low transaction fees. MATIC is the native token of this platform. This token is used to pay transaction fees, stakes, etc. When the Ethereum network was developed, it was used to create smart contracts that run decentralized applications. But later it became crowded and very expensive to use.
Users can enjoy almost instant transactions on this platform. Polygon acts as a fast parallel chain that will allow decentralized applications to run on the Ethereum blockchain. This cryptocurrency project can process transactions quickly because it relies on a proof-of-stake mechanism. Owners contribute MATIC to the network to secure the network. The Polygon network is quite similar to the Ethereum blockchain. To use the Polygon network, you need to send some crypto coins to a compatible wallet, such as Coinbase. You use MATIC to pay transaction fees.
Cosmos (ATOM)
Cosmos is one of the most innovative crypto projects in the coin market. This blockchain is popularly known as the blockchain internet. The development team of Cosmos is designed to create a network of crypto blockchains with open source tools. These tools are perfect for streamlining transactions between blockchains. This blockchain network is designed to be customizable and interoperable. And that’s what sets the Cosmos blockchain apart from others.
Instead of focusing on developing its network, Cosmos is concerned with creating an ecosystem of blockchains with no central party controlling activities on the network. Any new blockchain added to the Cosmos network is called a zone. These zones are linked to a Cosmos Hub. Cosmos Hub runs on a proof-of-stake mechanism and on a native token known as ATOM. Cosmos offers blockchain developers many options because the network is divided into three layers; Application, network and consensus.
Stakenomics (STAKE)
Stakenomics is a cryptocurrency set to redefine everything we know about blockchain and crypto tokens. There are many impressive things to note about Stakenomics. To begin with, this cryptocurrency is hosted on the Binance Smart Chain. This blockchain is considered a significant improvement on the congested nature of the Ethereum blockchain. BSC supports throughput, fast transactions and low transaction fees. With its innovative network, this blockchain can allow users to enjoy the true potential of this technology.
At its core, Stakenomics is designed to provide the best form of support for public and private transactions. It will support seamless transactions with high security, scalability and the ability to fulfill all our outlined goals. You’ll be thrilled to learn that Stakenomics takes security seriously. This project is worried about customers losing their investments. As a result, it has put in place reasonable measures to protect its funds. Stakenomics can process transactions quite quickly because it runs on a proof-of-stake network. Users can contribute STAKE to secure the network’s transactions. What more? Stakenomics will regularly burn different parts of its STAKE coins to increase the demand and price of tokens.
Furthermore, Stakenomics will run as a DAO. This means that users can vote on development decisions on the platform. The number of votes for each user will depend on the number of coins they have staked. You can participate in the presale to get early access to these coins.
Stakenomics (STAK)
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