Ethereum is a decentralized platform developed by Vitalik Buterin to solve Bitcoin’s limitations in terms of transaction speed and scalability. Ethereum has made an impact as the network has developed a platform that enables decentralized programmers to create their applications on top of the mainnet.
Nevertheless, Ethereum has high transaction costs, which has limited crypto participants to conduct operations. Therefore, blockchain technology has provided a new platform called Bitcoin Spark that will promote the mass adoption of virtual currencies. The new platform has means for improving the decentralized ecosystem’s interoperability, scalability, and efficiency.
What is Ethereum?
Ethereum is a decentralized platform created by Vitalik Buterin and other compatriots. Vitalik aimed to make a platform that could serve other purposes besides peer-to-peer transactions. Therefore, Vitalik developed Ethereum as it contains smart contracts, enabling blockchain developers to create decentralized applications. The network currently uses a proof-of-stake consensus mechanism after the transformation from proof-of-work.
The transformation enables the network to conduct more transactions. Ethereum’s native token, ETH, is used as a governance tool for the ecosystem. Individuals who hold ETH can become decentralized autonomous organizations (DAOs).
Is Ethereum a Good Investment?
Ethereum has existed in the decentralized ecosystem for over five years and remains among the top most valuable digital networks alongside Bitcoin. The digital currency gained massive adoption due to the introduction of smart contracts that facilitated automatic transactions.
Moreover, Ethereum’s increased speed and scalability over Bitcoin have made retail and individual investors join the bandwagon. The Crypto still depicts a surge amid the winter season. ETH holders believe the token might exponentially increase amid the next bull run.
Bitcoin Spark Steals the Limelight
Bitcoin Spark is a new digital currency project that has garnered many retail entrepreneurs and investors as they put money into the project. The platform leverages the distributed ledger to provide its users with unparalleled security and transparency. The project has been audited by Cognitos and Contract Wolf, among the leading verification platforms in the blockchain ecosystem.
A marketing strategy is required to create awareness concerning a new crypto project. Therefore, Bitcoin Spark has a strong and able marketing strategy that will take over the traditional marketing norms. The platform uses innovative disruption, which seeks to take over the conventional norms by an interruptive method involving storytelling, strategic positioning, and utilization of modern technology.
Storytelling techniques create attention to the audience and make them connect deeply with the platform. Bitcoin Spark also leverages modern technology since the niche acts as a form of communicating efficiency and transparency.
Due to its new marketing systems, the project places itself above other emerging digital platforms. Bitcoin Spark uses inbuilt marketing experts and large corporations to maximize and fuel brand awareness.
In addition, Bitcoin has other methods of revenue generation that include rendering GPU power and conducting advertisements. The platform will use an unused portion of the application and website to promote other brands.
A more interesting part is that users can vote on brands that do not serve their purpose. The team takes 50% of the revenue generated from advertisements for maintenance and upkeep. In addition, Bitcoin Spark renders processing power to its participants. The team will take a total of 3% for maintenance.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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