The value of Blockchain continues to increase with these 3 tokens: Rocketize, Ethereum and Cardano
More and more companies, individuals and even countries are realizing the power of decentralization brought about by cryptocurrencies and Blockchain technology. Connectivity, immutability and automation are some of the features offered by Blockchain technology to scale up users, developers and businesses. When they realize this and incorporate Blockchain into their everyday lives, the only place to go for Blockchain is up.
Cryptocurrencies are at the forefront of this growth, and this article talks about three crypto projects that keep Blockchain valuable.
Rocketize (JATO): The last diamond in the crypto mine
Meme tokens have been notorious for scams and cover-ups in recent years, but this hasn’t stopped developers from creating projects that are entertaining, immersive and valuable. Meme coins have also seen significant growth since the 2020 pandemic. Rocketize (JATO) is the latest meme coin to ride the wave of meme popularity to provide cryptocurrency users with a platform for content creation and wealth generation.
The new meme token has already created a roadmap and laid out plans for the community and the Blockchain sector, which includes ROCKMint for generating and storing NFTs, a space program, crypto crowdfunding, e-commerce and more. The network’s initial token, JATO, is a community token and holders will be part of an ecosystem that will be strategically developed by the users themselves as Rocketize (JATO) will be fully decentralized. The token will also be listed on major exchanges such as CoinGecko and UniSwap.
In response to blanket pulling and actions by whales, Rocketize (JATO) has set in motion a deflationary mechanism where supply will be limited. This will help increase demand and increase value while preventing the possibility of whale trawling. Rocketize (JATO) is already making plans for partnerships with charities, as well as other network developments, including cross-chain bridges and swaps.
Ethereum (ETH) is driving decentralization globally
Ethereum (ETH) is an entirely virtual network and not just a cryptocurrency that was heavily influenced by Bitcoin (BTC). The Ethereum (ETH) network consists of Ether, gas and the Ethereum Virtual Machine (EVM). These three act as the layers of Ethereum (ETH) that keep it running. Ether is the cryptocurrency token used for payments on the network and is also known as ETH. ETH is paid to miners who work to validate transactions and process Blockchain changes on the network.
Gas or gas fees are the amount a user is willing to pay for a transaction to be processed, and the higher the gas, the faster the transaction.
Ethereum (ETH) was created to run smart contracts using the Ethereum Virtual Machine. EVM is not only used for financial applications but can also be used to build other things such as games, cloud-based systems, messaging platforms and social networks.
The Ethereum (ETH) network also gained popularity in 2021 for being home to the most non-fungible tokens in existence. In the presence of volatility, Ethereum (ETH) has been considered by developers as a more stable cryptocurrency because the platform is a means to energize a large ecosystem.
Cardano (ADA) is changing the world for the better
Cardano (ADA) is the first Proof-of-Stake (PoS) Blockchain platform that was created based on peer-reviewed research. The innovative network brings unbeatable security and sustainability to the crypto community and non-blockchain systems.
The Cardano network (ADA) is kept decentralized through its secure Blockchain protocol known as Ouroboros, which allows it to scale sustainably without compromising security.
The protocol has mathematically verifiable security that guarantees safety and an incentive mechanism to reward users for participating in stakes either through operation or delegation of a stake pool. Ouroboros works by dividing chains into what are known as epochs which are further divided into time slots. A leader is elected for each track and is responsible for adding blocks to the chain. This helps ensure safety and avoid chain changes.
The ADA token, which is the original token of the network, remains one of the most valuable in the crypto market.
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