Many cryptocurrencies have been on the rise in terms of popularity and value over the past year. Many investors are now looking for new promising cryptocurrencies to invest in, and two that have been gaining a lot of attention lately are Mountanaz (MNAZ), Polygon (MATIC), and The Graph. Both of these cryptocurrencies have seen substantial growth in their prices, but which one is the better investment? In this article, we will explore the pros and cons of each crypto to help you to decide which one is right for you.
Mountanaz (MNAZ): The Latest DeFi Coin Built on Binance Smart Chain (BNB)
Today, investors who are bored with the narrow spaces of traditional finance flock to DeFi protocols equipped with blockchain technology. At this point, Mountanaz (MNAZ) sees the dark side of traditional finance and establishes a brand-new ecosystem with the power of DeFi and blockchain technology. The brief description of this platform can be described as follows: Mountanaz is a DeFi lending protocol. As Mountanaz (MNAZ) knows that liquidity pools will gain a lot of popularity, it keeps security measures at the highest level to protect them. It also aims to prevent cryptocurrency whales, from manipulating the market by limiting transactions.
The managers of the Mountanaz (MNAZ) ecosystem, who believe in the power of the DAO, both transfer their knowledge to the project and receive support from blockchain and DeFi experts, who are in highly respected positions today. The managers, who will personally participate in the DAO, underline that they will never leave the project. On the other hand, since they will have the same power as an ordinary user, there is nothing to break the structure of the DAO. The native token of the project is MNAZ. While the MNAZ token continues to be used in the ecosystem, initiatives have been initiated by the executives to open the transaction on DEX and CEX exchanges at the same time.
Polygon (MATIC): One of the Most Powerful Platforms Built on the Ethereum Network
The most striking feature of Polygon (MATIC) is that it can use other networks through its multi-chain system. This shortens the processing times considerably. According to current data, this infrastructure can provide 65,000 transactions per second, and it is capable of meeting the needs of financial companies globally. In addition, the security of the system is also quite impressive.
Polygon (MATIC), which has been on the market since 2017, is based on Layer 2 technology. Thanks to Layer 2 technology, which has been developed recently and is seen as one of the most solid blockchain foundations, MATIC is becoming faster and faster with each passing day. As the developers point out, Polygon (MATIC) appears to be making firm strides towards its goal of providing “instant” transfers.
Another Appealing Example of the Viability of the Ethereum (ETH) Network: The Graph (GRT)
The Graph (GRT) does what Google does in the non-crypto space. It provides support for the collection and use of data needed, to improve the performance of decentralized applications. Thus, all applications gain the ability to easily find the information they need in the blockchain. Thus, The Graph (GRT) is on its way to becoming a core infrastructure for Web 3.0 and decentralized dApps. It performs extremely useful functions such as simplifying data curation, storage, indexing, and data organisation processes.
The biggest handicap of many blockchains is that they are too cumbersome to query and recall data. Multiple complex structures around traditional data cataloging and indexing tools make querying longer and longer. The fact that blockchains do not have a query system that facilitates information storage, has opened a space for The Graph (GRT). The Graph (GRT)’s ability to overcome technological hurdles that limit other networks in obtaining data put it head-and-shoulders above the competition.
So with all of the exciting changes in the crypto world, to make it more progressive and decentralized, it has made investing right now very desirable. Even though Mountanaz (MNAZ) is still very new in the digital sphere its impressive roadmap and features, could make it a viable competitor to the likes of Polygon (MATIC) and other crypto giants in the future.
Find Out More About Mountanaz (MNAZ):
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.