New emerging crypto currency gonna be new Bitcoin?

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Avatar for CyberCrypto
3 years ago
  • If you are here you all know what is Crypto Currency and Bitcoin. But now Bitcoin is very costly we cant afford and time taken for transactions and fees for transaction are making a huge problem for consumers.
    By taking this advantage Etherum was made by "Vitalik Buterin" to solve the transaction speed. Entherium changing to Proof of Stake Model from Proof of Work. But gas fees got a new headache for the crypto currency traders.
    So these new "Tokens" are going to solve these problems and may get big than bitcoin, dont miss the boat now.
    *{Do you own research before investing}



1. ETH2

   Eth2 basically new version of etherium it is a set of upgrades that improve the scalability, security, and sustainability of Ethereum. Although each is being worked on in parallel, they have certain dependencies that determine when they will be deployed.

  • Ethereum 2.0 will use a proof-of-stake (PoS) mechanism. Proof of stake is different in that instead of miners, users can stake a network’s native cryptocurrency and become validators. Validators are similar to miners they verify transactions and they get paid for it.

  • This Proof of Stake model is growing so fast all other are also implementing it.

  • Soon Eth 2 is going to get launched be ready.

2. Cardano

  • It is an Proof of stake model being developed into a decentralized application (DApp) development platform with a multi-asset ledger and verifiable smart contracts

  • This allows the development of smart contracts.

  • Its has cheap gas fees which attracts the traders

  • Fast Transactions

  • Eco friendly

3. Solana

  • Even Better and the first to implement Proof of history model.

  • Very fast in transactions

  • Low fees than etherium

  • Dont miss this, It is growing very fast keep under tracking this coin.

Thank You

CyberCrypto

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