The creation and introduction of the first cryptocurrency project, Bitcoin (BTC), has ushered in the development of new projects with features that only get better. Even after the fallout of Ethereum (ETH), the importance of blockchain only started to improve. The DeFi sector is likewise powered by this technology, which exposes the flaws in conventional banking and provides complete transparency to users.
The decentralized financial sector continues to attract more investors at the expense of the traditional financial system. One of these is Supontis (PON), which has recently gained recognition. It was developed to give investors full access to blockchain technology. The token aims to surpass projects like Tron (TRX) in the cryptocurrency market. Keep reading to learn more!
Tron (TRX) To create a decentralized Internet
Tron (TRX) debuted in Singapore after its development. Tron (TRX) is building the infrastructure to create a completely decentralized internet. It opens up the possibility of using a democratic governance system to run the newly installed network. By deploying blockchain technology and decentralized apps, the TRON (TRX) network is committed to improving the decentralization of the internet (DApps).
TRON acquired and incorporated BitTorrent in July 2018. BitTorrent is a pioneer in decentralized services with up to 100 million monthly active users. In addition, TRON (TRX), which surpassed Tether (USDT) on Ethereum (ETH) in April 2021, now has the most stable coins in circulation globally. Users can vote their digital assets for different delegates using a blockchain consensus process called delegated proof-of-stake. Most of the apps on the blockchain-based digital network TRON (TRX) are entertainment-related. It makes use of an internal cryptocurrency called TRX.
To eliminate intermediaries and allow content creators to sell their goods directly to consumers, TRON (TRX) combines peer-to-peer (P2P) network technology and blockchain capabilities. Programmers using the Solidity programming language create the apps hosted on the TRON (TRX) platform. Through TRX, network users can pay content creators directly to access their applications. TRON does not charge content transaction fees to creators. On the platform, TRX transactions are also free.
Supontis (PON) The New Crypto
Supontis Token (PON) is a newly created crypto project that future DeFi protocols will use. Users logging into the platform will have the freedom to perform any transaction they want on the network, thanks to its multi-chain nature. The original PON token powers the Supontis ecosystem, and all users will be able to trade as they wish without the need for expensive intermediaries, thanks to the local exchange set up in the project. The anonymous development processes will be immediately engaged by participants who can produce stake income. All members will have a say in the fate of the platform due to the DAO agreement.
Supontis (PON) will act as a bridge for value transfers between multiple blockchains. Supontis Token (PON) is a community-driven DAO, and owners of PON tokens make all the governance choices. A proof-of-stake consensus process maintains integrity. As a result, owners of PON tokens who have Supontis tokens can stake them to promote the network and get passive income. The staked PON tokens determine the income of those who bet on Supontis. The more you bet, the more money you get.
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