• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Friday, May 30, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Join the Crypto Whales Community With Your Investment In Bitcoin Spark And Polygon

Twin Peaks Digital PR by Twin Peaks Digital PR
October 16, 2023
in Press Releases
Reading Time: 4 mins read
0
Share on TwitterShare on Facebook

Following the moves of crypto whales has usually resulted in significant profits for many investors. That said, industry watchers recommend joining the crypto whale community in investing in Bitcoin Spark (BTCS) and Polygon (MATIC).

What is Bitcoin Spark?

Bitcoin Spark is a new layer-1 blockchain inspired by the vision of Bitcoin’s creator(s), Satoshi Nakamoto. While it does mimic Bitcoin’s tokenomics by having a limited supply of 21 million BTCS, the blockchain sets itself apart with a vision of revolutionizing digital transactions.

The Bitcoin Spark blockchain can handle many transactions per second at low fees owing to its high individual block transaction capabilities, short block time, and massive nodes. The blockchain also provides a robust infrastructure for building smart contracts and decentralized applications (DApps). It has a dedicated smart contract layer with separate execution systems, all reaching finality on the main network. This ensures scalability and enables developers to use a wide range of programming languages.

Notably, Bitcoin Spark uses its proprietary consensus mechanism, known as the Proof-of-Process (PoP). This innovative mechanism non-linearly rewards users for confirming transactions and contributing their processing power to the network. The nonlinearity of rewards and the network’s massive nodes allow for a significantly large number of validators. The Bitcoin Spark team is even set to launch a network validation application compatible with Windows, Android, iOS, Linux, and Mac OS devices.

Institutions or individuals undertaking high CPU/GPU load tasks will be able to use the validators’ contributed power for remote computing through Bitcoin Spark. Payments for this service will be required in BTCS, and the generated revenue will be shared amongst the validators.

Furthermore, those requiring advertising services could make use of the ad slots that will feature in the Bitcoin Spark application and website. The ads will also be paid for in BTCS and will be community-policied to ensure credibility while maintaining decentralization. Network participants will receive 50% of the revenue generated, plus additional incentives for policing the ads.

BTCS price

The BTCS price has witnessed a notable surge from its initial $1.75 price, currently selling at $3.00 in Phase 7 of the Bitcoin Spark Initial Coin Offering (ICO). The ICO has raised over $2,750,000 million so far, with notable purchases from crypto whales, such as one valued at $101,000. BTCS is set to launch at $10, providing a profit of more than 355% to Phase 7 investors. Analysts suggest Bitcoin Spark’s innovative technology, real-world applicability, limited supply, and low market capitalization point to continued price increases for BTCS post-launch.

What is Polygon?

Polygon is a layer-2 scaling solution that seeks to alleviate some of the key challenges faced by Ethereum. It achieves this by providing a multi-chain ecosystem that enables developers to create and deploy decentralized applications (DApps) on various interconnected sidechains. These sidechains inherit security from the Ethereum mainnet while offering faster transaction processing and reduced fees. MATIC is the native token of the network, used for staking, governance, and settling transaction costs. Polygon (MATIC) has gained significant attention and adoption within the blockchain community due to its ability to enhance the user experience and expand the capabilities of Ethereum-based projects

MATIC price

The MATIC price has been on a steady increase since September 28, when it found support at $0.50. The rise successfully helped MATIC surpass the resistance level at $0.544, which had been a persistent challenge. According to Santiment, 37 million MATIC was moved from a whale PoS address in the largest single transaction on the Polygon Network since July, which coincided with a 4% price increase. On-chain data from IntoTheBlock further validates the surge in whale activity,  indicating an impressive 411.7% increase in large transaction volume. Analysts suggest Q4 promises to be one full of activity for Polygon, with the upcoming implementation of Polygon 2.0 potentially leading to further price increases for MATIC.

Conclusion

Joining the crypto whales in considering investments in Bitcoin Spark (BTCS) and Polygon (MATIC) can be rewarding. Nonetheless, it’s essential to do your own research before making any commitments.

For more information on Bitcoin Spark:

Website: https://bitcoinspark.org/

Buy BTCS: https://network.bitcoinspark.org/register

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Photo by Wance Paleri on Unsplash

Previous Post

BNB Chain’s 25th Quarterly BNB Burn: A Crucial Milestone

Next Post

South Korea’s Crypto Market Doubled in 2023 – XRP, ARB and BTCS Flourishing in Asia

Related Posts

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?
News

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?

May 25, 2025
Altcoin Season Is Loading—But First, Let Bitcoin Do Its Thing
News

Altcoin Season Is Loading—But First, Let Bitcoin Do Its Thing

May 23, 2025
Dogecoin’s Ready to Bark Again—Could $0.30 Be the Next Fetch?
Market Analysis

Dogecoin Ready to Bark Again—Could $0.30 Be Next

May 20, 2025
Ethereum Climbs While PEPE Reloads—Who's About to Explode
News

Ethereum Climbs While PEPE Reloads—Who’s About to Explode?

May 18, 2025
Trump Meme Coins Spark Calls for Treasury Review
News

Trump Meme Coins Spark for Treasury Review

May 15, 2025
NYC Is Open for Crypto—Eric Adams Declares
News

NYC Is Open for Crypto —Eric Adams Declares

May 13, 2025

Press Releases

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?
News

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?

by Alex Mercer
May 25, 2025

Introduction It seems the U.S. labor market has hit a pothole—again. The Kansas City Fed’s Labor Market Conditions Index (LMCI)...

Read more
Altcoin Season Is Loading—But First, Let Bitcoin Do Its Thing

Altcoin Season Is Loading—But First, Let Bitcoin Do Its Thing

May 23, 2025
Dogecoin’s Ready to Bark Again—Could $0.30 Be the Next Fetch?

Dogecoin Ready to Bark Again—Could $0.30 Be Next

May 20, 2025
Ethereum Climbs While PEPE Reloads—Who's About to Explode

Ethereum Climbs While PEPE Reloads—Who’s About to Explode?

May 18, 2025
Trump Meme Coins Spark Calls for Treasury Review

Trump Meme Coins Spark for Treasury Review

May 15, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier