Cloud Hosting

In contrast with the overall expectations and prevailing investor sentiments, the crypto market may be gearing up for an exponential rally, and Bitcoin Spark could be the next big project. A financial research firm named Bernstein has predicted that institutions and venture capital firms will lead the imminent surge. The financial research institution probably cited the most recent win by a crypto-oriented investment firm, Grayscale, against the US Securities and Exchange Commission on the grounds of offering a Bitcoin Exchange Traded Fund (ETF). This, alongside other pending Bitcoin ETF applications, could signal the onset of an aggressive bull run fuelled by institutions and investment firms entering the space.

Bitcoin uses the proof-of- work consensus mechanism to validate and manage the networks operations. This process is typically expensive and requires a significant initial capital investment keeping off retail miners who would want to participate. However, retailers can still participate in mining by investing in mining pools. One may start mining from home by obtaining a Bitcoin wallet and installing Bitcoin mining software.

Bitcoin Spark is Bitcoins newest Bitcoin alternative. There are more than 100 Bitcoin alternatives in existence today. However, Bitcoin Spark stands out as the most beneficial network so far. From establishing a gasless network to having scalable smart contracts, the platform is a sleek, state-of-the-art network. Bitcoin Spark has the same tokenomics as Bitcoin, which is the max token supply capped at 21 million coins.

Bitcoin Spark has an established and realistic roadmap with details on its development highlighted in 5 stages. The first stage comprises three objectives: to have an Ethereum IOU token contract, which three auditing firms have already audited; Centralized exchange pre-listing agreements will also be finalized during this stage. The network will also test the imminent Bitcoin Spark ledgers internal stress and load tests.

During the ongoing ICO, Bitcoin Spark developers intend to distribute 4 million tokens in ten distinct stages. The first, second, and third phases have already been completed, and the fourth phase is currently running. During this stage, investors can buy BTCS tokens at a relatively low price, pegged at $2.25 per token. Those who buy will also get an additional 10% bonus from the platform creators.

Compared to the functionalities and utilities that the network has, BTCS tokens are significantly undervalued and have the potential to make significant gains as the launch coincides with an imminent bull market, according to analysts. The ICO has only ten phases, and the network is set to launch on November 30th at a BTCS launch price of $10. Buying BTCS tokens now will yield 489% returns on November 30th.

Buying Bitcoin Sparks native tokens is like buying Bitcoin in 2009. If you had this golden opportunity, how much Bitcoin would you buy?

The Bitcoin Spark network intends to incorporate a revenue generation feature with two primary sources of income. The income generated from these two sources will be utilized to pay miners and network validators. This also means the network will cut all transaction fees charged to network participants when the project runs live on mainnet for one or two years. The platforms miners will generate processing power that will be issued to external entities for BTCS. Secondly, the platform will have ad slots on the website and software applications where brands will sell their products and services through advertisement.

Website: https://bitcoinspark.org/

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

See original here:

Analyst Firm Bernstein Predicts Fundamental Bull Rally of Bitcoin ... - Analytics Insight