Crypto investors anticipate bull markets as they are closely associated with massive capital gains for smart individuals, whales, and institutions that invest wisely during bear markets.
The market is showing signs of recovery from a bear that has reigned supreme since 2022 began. It was fueled by several macroeconomic factors, including the collapse of major crypto institutions such as lending and borrowing platforms, increased hacks and malicious technical attacks on DeFi protocols, centralized exchanges, and the downfall of billion-dollar ecosystems.
The current macroeconomic factors indicate a far more positive outlook for the future of DeFi. Major organizations like BlackRock and Grayscale have filed crypto ETF applications, showcasing an increasing pro-crypto investor outlook.
Chainlink is a decentralized bridge run by advanced smart contracts that mediate between on-chain and off-chain data. The project was conceived in 2017 by Sergey Nazarov and Steve Ellis, who integrated the networks smart contracts in 2019. Chainlinks open-source technology platform runs a network of oracles that link computational resources with on-chain data. The platform contains a system of nodes that work interchangeably to collect, approve, and execute data from numerous sources through the knowledge of blockchain technology and cryptography. The node operators are typically rewarded with LINK, the native crypto asset of the network, which they can redeem for stablecoins or cash out for fiat. Chainlink is one of the largest cryptocurrency platforms in the space.
Bitcoin forks have become increasingly popular in the last decade. The rise, advancement, and improvement of technology has led to the attempts of many developers to solve Bitcoins trilemma challenges. However, most forks do not achieve mainstream adoption as they clone Bitcoins code and have no real-world utility to justify their reason for forking the network. Only a few, like Bitcoin Spark, might bear the true potential to disrupt DeFi.
In the evolving world of digital currencies, utility or solving blockchain-related challenges is the key to achieving success. The Bitcoin Spark founders conducted years of research to develop the ideal Bitcoin hard fork that other Bitcoin alternatives cannot compete with. The developers have a technology background and are actively involved in developing the project.
They have found a way to introduce more advanced smart contracts than those issued by the Ethereum blockchain while scaling transaction speeds to outperform Bitcoins throughput. Leveraging current technology has also allowed the developers to make the Bitcoin Spark network lightweight for easy management and decentralization.
Bitcoin Sparks fork has yielded a high-performance blockchain with high transaction speeds, increased scalability, and reduced transaction costs, which the team is working to eradicate from the network. By establishing on-chain and off-chain income sources, Bitcoin Spark will gain enough funds to replenish mining pools and constantly reward the founders to an extent where charging transaction fees will not be required.
The network will, therefore, transition into an autonomous network controlled algorithmically by a stream of computer-generated systems that enhance decentralization and promote quality for all, regardless of the mining equipment used or the stake size.
Bonus giveaways are an excellent way for new DeFi starters to award early developers. Bitcoin Spark is planning an ICO event that will revolutionize the entire ICO opportunity the investors have had since phase 1 began. The bonus event will include massive giveaways worth hundreds if not thousands of dollars in the next few months, heavily rewarding participants for their participation. The details concerning the bonus are still being planned and will be relayed through Bitcoin Sparks social accounts, including the projects official medium account. To get the updates and become an early participant in the event, follow Bitcoin Spark on all social media platforms.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
Disclaimer: The above article is sponsored content; its written by a third party. CryptoPotato doesnt endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatosfull disclaimer.
Continued here:
Could Bitcoin Spark Outperform Chainlink This Bull Run? - A Look ... - CryptoPotato
- Cosmos (ATOM), Chainlink (LINK), and RenQ Finance (RENQ) are ... - Crypto News Flash [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Grupo Pro Arte y Cultura Announces Winners of the 2022 Mayte ... - GlobeNewswire [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Solana vs Ethereum: How to Choose One With Better Features and ... - Cryptopolitan [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Can Circle [USDC] turn things around with new plan? All you need to know - AMBCrypto News [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Polygon Wallet Suite allows users to safely bridge, swap, and ... - Crypto News Flash [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Global X rolls out three new crypto ETPs - ETF Strategy [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- The Arbitrum Foundation Announces Launch of Arbitrum Orbit: Layer 3 Chains for All - Yahoo Finance [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Travolution Summit 2023: 'Blockchain will... - Travolution [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Aave: The Basics Global X ETFs - Global X [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Revolutionizing the Travel and Hospitality Industry with Blockchain ... - Hospitality Net [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- The arbitrability of Web3 disputes: An effective court of First World ... - Lexology [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- What Is Stacks? Smart Contracts on Bitcoin[Outlook &Upate] - DataDrivenInvestor [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Smart Contracts in Healthcare Market Projected to Hit USD 5.6 ... - GlobeNewswire [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Are Smart Contracts Integral to Blockchain or Just Useful Tools ... - Cryptopolitan [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- EU Parliament approves the Data Act, which requires - Kitco NEWS [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Discover Tanglechains.org: Your go-to source for EVM and Smart Contract Chains on Shimmer and IOTA - Crypto News Flash [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- How Can Blockchain 4.0 Technology Revolutionize Interactions with ... - Cryptopolitan [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Australia's largest bank breaks blockchain barrier with Ethereum ... - Cryptopolitan [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- How Will Bitcoin DeFi Gain Importance in 2023? Cryptopolitan - Cryptopolitan [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Helio Protocol: The revolutionary USD Destablecoin backed by BNB - AMBCrypto News [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Project claiming to be AI-powered drains $1M from users - Cointelegraph [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- HashKey Group taps SlowMist for blockchain security and AML/CFT ... - FinanceFeeds [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Revolutionary DeFi Protocol IPOR to be listed on Bitget on Mar 22nd ... - Yahoo Finance [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Boba Network Announces Integration with NOWPayments - Cryptonews [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Blockchain Could Soar Beyond 100,000 Transactions per Second With the Right Math - The Daily Hodl [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Here's why blockchain is the future of the telecoms industry - Crypto Reporter [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- 5 Must-Have Blockchain Developer Skills - Blockchain Council [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- EU Data Act requires smart contracts to have kill switch, not be ... - Ledger Insights [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Euro Parliament approves Data Act that requires kill switches on smart contracts - Cointelegraph [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Europe introduces smart contract kill switch what it means for DeFi systems - AMBCrypto News [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Smart Contracts in Peril? EU's Data Act Vote Stirs Controversy in the Web3 World - CryptoGlobe [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Inery Blockchain to Implement AI, Mainnet Rescheduled for Q2 2023 - EIN News [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- The Emergence of Web3 and Its Impact on TradFi - LCX [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Stacks 2.1 deployed: Is BTC the catalyst STX needed all along - AMBCrypto News [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Blockchain-Based Debt Protocol Obligate Records First Bond Issuance on Polygon Network - Yahoo Finance [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- What Is a Hybrid Blockchain, and How Does It Differ from a Regular ... - MUO - MakeUseOf [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Solana-based DEX Orca bans US users from trading in its platform - CoinGeek [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- The Role of Self-Regulation in the Cryptocurrency Industry: Where do we go from here? - Finance Magnates [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Cardano (ADA) is ready for a massive pump, Polygon (MATIC), and ... - NewsBTC [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Best Web3 open-source tools 2023 - CryptoTicker.io - Bitcoin Price, Ethereum Price & Crypto News [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- How New Technology Will Disrupt The Oil And Gas Industry - Markets Insider [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- How Can Ethereum Account Abstraction Improve the Network's ... - Cryptopolitan [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Stellar (XLM) Price Prediction 2025-30: Will XLM shake off its bearish ways? - AMBCrypto News [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- TRON: Stake 2.0 launch announced to significantly improve the ... - Crypto News Flash [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Smart Contracts in Healthcare Market Size and Growth Most Recent Manufacturers Insight View with Top Countries - openPR [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Future of Finance: EYs Brody on why tech history shows there can be only one winning blockchain - Fortune [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Top 10 Blockchain Platforms to Consider in 2023 - Analytics Insight [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Safemoon LP Drained of $9M in Smart Contract Attack - BanklessTimes [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Chainlink (LINK) Price Prediction 2025-2030: Can LINK reach $10 in 2025? - AMBCrypto News [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- The Flare Time Series Oracle (FTSO) Ready to Serve Smart ... - Blockchain Reporter [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- How IOTA Smart Contracts Could Skyrocket the Value of MIOTA? - CryptoTicker.io - Bitcoin Price, Ethereum Price & Crypto News [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Smart Contracts Deployed on Ethereum Have Plummeted 66 ... - BanklessTimes [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- How ChatGPT is Revolutionizing Smart Contract and Blockchain - Techopedia [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Oriental Overseas Insurance Company: Committed to Building a ... - Digital Journal [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Trouble for the new crypto of Arbitrum - The Cryptonomist [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Tokentus investment AG invests USD 300,000 in Hydra Ventures, one of the first Investment DAO Fund-of-Funds in the Web3 Space - Marketscreener.com [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Introducing DogeFarm: The Pioneering Decentralized Real Yield ... - GlobeNewswire [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- California Governor Gavin Newsom Is Giving the Crypto Industry ... - Jacobin magazine [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- If History Repeats, Cardano (ADA) Price Will Reach ATH Very Soon ... - Coinpedia Fintech News [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Crypto 4 A Cause Set to Deploy its Blockchain Within the Year After Successful Sandbox Georli Testnet Trial - EIN News [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- dcSpark CTO: 'Cardano Will Be a Top EVM Chain Next Month' - CryptoGlobe [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Utah DAOs and Donts: New Law Provides Limited Liability for ... - JD Supra [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Steps to A Blockchain Industry Consulting Career: Maximizing ... - Cryptopolitan [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Justice Dept. Seizes Over $112M in Funds Linked to Cryptocurrency ... - Department of Justice [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Stacks [STX] gains newfound attention from investors, but will its uptrend last - AMBCrypto News [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Cryptocurrencies To Watch: Week of April 3 - Investopedia [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- The Role of Enterprise Ethereum: Applications, Benefits, and Challenges - Finance Magnates [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Astar Network To Launch Smart Contracts 2.0 on the Mainnet on April 6th - The Defiant - DeFi News [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Is 2023 The Year For Shiba Inu (SHIB) And RenQ Finance (RENQ)? - Benzinga [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Coinbases Base network gets OpenZeppelin security integration - Cointelegraph [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- What is the Best Cardano DEX, and Why is it WingRiders? - DataDrivenInvestor [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Attention Crypto Scammers: AI is on the Hunt - BeInCrypto [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- VeChain explores Billion-$-KI industry with OpenAI - Crypto News Flash [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Automotive Blockchain Market is expected to represent Significant ... - Digital Journal [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Uncomfortable with the security of web3 transactions? Fire might be ... - Refresh Miami [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Blockchain As A Service Market is expected to Exhibit a Massive ... - Digital Journal [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Pi Network Reveals Tech and Product Updates for Pioneers - BSC NEWS [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Unleashing the Potential: Tools and Apps on the Ethereum Blockchain - Captain Altcoin [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- XRP Ledger Makes Progress Towards Supporting Native Smart ... - The Crypto Basic [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Cardano (ADA) launches the future of smart contracts with Aiken in ... - Crypto News Flash [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]