The decentralized finance (DeFi) industry redefines global finance by providing an antithesis to traditional monetary systems. The DeFi industry has been known as the epitome of decentralization initiated by Bitcoin creator(s) Satoshi Nakamoto. Two digital currency stalwarts, XRP and Bitcoin Spark, stand out among crypto-oriented projects promoting decentralization while solving challenges in the space. However, Bitcoin Spark is the go-to crypto asset platform for investors due to its potential to reward early adopters with significant gains.
What is XRP?
XRP is the native digital asset of the Ripple network developed by Ripple Labs to facilitate efficiency and cheap cross-border payments for financial institutions such as banks. The network debuted in 2012 and has gained an incredible reputation for facilitating faster transaction speeds at cheaper costs, unlike its competitors before the unveiling of Bitcoin Spark. Instead of energy-intensive mining or the adaptive and highly centralized proof of stake consensus, XRP uses the Ripple Protocol Consensus Algorithm (RPCA) to validate transactions.
Bitcoin Spark is the face of innovative digital platforms
Blockchain technology is reinventing global finance through the Bitcoin Spark network. The Bitcoin Spark network offers a platform that proposes solutions to the impediments and limitations circumventing networks like Bitcoin and Ethereum. The developers of Bitcoin Spark are working to reduce the time it takes to validate a single block and increase the number of individual block transactions compared to those witnessed on Bitcoin blocks.
Additionally, the network will have an increased number of nodes with low operation costs to reduce the overall transaction fees of the Bitcoin Spark network. Unlike Bitcoin, whose mining activities are highly centralized and controlled by two mining pools, Bitcoin Spark is working to eliminate the barriers to entry into its mining ecosystem. Anyone can begin mining on the Bitcoin Spark network due to its lightweight network that allows mining on handheld devices such as mobile phones and tablets.
The Bitcoin Spark team is developing software applications running on different operating solutions, including iOS, Mac OS, Android, Linux, and Windows. These applications will also allow potential network participants to mine BTCS as well as calculate their possible returns before they mine BTCS tokens on the network. The calculations will be executed algorithmically by an online calculator embedded in the applications.
Web3 is spearheaded by transparency and accountability. Bitcoin Spark has already undergone intensive scrutiny to enhance and promote transparency through auditing performed by three leading auditing platforms. These platforms are Contract Wolf, Vital Block, and Cognitos.
The project is in ICO phase 5, and each BTCS token is available at $2.50 per token. The ICO will distribute 4 million tokens at different prices and bonuses to investors. All purchases made during the ongoing ICO phase five will automatically accrue a 9% bonus. Additionally, anyone who invites participants to the ICO event and manages to make BTCS purchases worth more than $60 will get a 10% commission. The participants who have used the referral link will also get a 10% commission credited to their account immediately after the purchases are complete.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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