Technology has surged in users and real-world applications exponentially. From Web 1.0, when the internet was a hub for large chunks of information (Wikipedia), Web 2.0, where the users were the product as their information was taken and regulated to a certain degree, to the current Web 3.0 involving advanced decentralized finance.
Blockchain technology has also had its inaugurations, including Bitcoin and Ethereum, which have played a pivotal role in creating awareness. Bitcoin has witnessed whales such as the Winklevii twins and Ethereum Donald Trump, who put money into the niche. Nevertheless, Bitcoin Spark is the new digital platform leading to swifter development in the crypto industry.
Developed by Vitalik Buterin and his compatriots, Ethereum is a blockchain network that seeks to amend challenges within the Bitcoin ecosystem. The platform launched smart contracts to allow programmers in DeFi to develop decentralized applications. The latest upgrade, ETH 2.0, has also generated attention as the platform transitioned from a proof-of-work to a proof-of-stake blockchain.
Blockchain technology needs a network that proposes security, low transaction costs, and high efficiency. Bitcoin Spark is the new platform with all the traits required for the potential application in decentralized finance. The project aims to solve pertinent and paramount challenges, including lowering transaction costs, improving scalability, and applying a smart contract layer that vast developers can utilize to create layer-2 dApps. Bitcoin Spark will have a potent rate of attracting venture capitalists and individual investors.
In the Web3 community, platforms with diverse revenue sources always get massive attraction from potential Web3 clients. In this case, Bitcoin Spark aims to improve blockchain technology through its two-way income streams: decentralized processing power rental and advertisements. A small, unused space within the projects application and home website will be used for advertising, and brands will be required to pay for the slots in BTCS tokens, the native crypto asset of this new Web3 platform.
Bitcoin Spark team members will take 50% of the revenue from promotion for maintenance and upkeep. Advertisements will work on an elastic mechanism involving supply and demand, whereby the advertising fee will increase when the market is high. When demand plunges, the costs will reduce.
The platform also advocates for community policy that encourages partakers to vote against an advert that is vulgar and non-conforming with the required standards and terms of service. The team will also conduct a manual check-up on the advert to process the flag when the dispute reaches the consensus stage.
Miners and validators will provide processing power to the network that individuals and organizations will use to solve intricate programming equations and render video. From this method, the team will take 3% of income.
Mining should be decentralized in cryptocurrency since it incentivizes the confirmation of new blocks and the generating of new coins. The mechanism, therefore, leads to improved security of a network. Bitcoin Spark aims to strengthen the mining capabilities of individuals in the ledger technology.
The incentive will work in a new mechanism peculiar to the industry called proof-of-process that integrates PoW and PoS. Moreover, the platform has a systematic tool that prevents unequal reward allocation based on stake size and raw processing power. It enhances the small scale and large partakers to earn in a linear method. Being on its last laugh of the ICO phase three, blockchain enthusiasts are acquiring BTCS at a cheaper rate of $2 with a 12% bonus. Once the next phase begins, the BTCS price will increase, and the bonus will subsequently reduce.
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
More here:
From Ethereum to Bitcoin Spark: How This New Cryptocurrency is ... - Blockzeit
- Ripple (XRP) Price Prediction 2025-2030: Assessing if XRP will fly after the lawsuit - AMBCrypto News [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum Creator Vitalik Buterin Has High Hopes for Ethereum's ... - CoinJournal [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum Creator Vitalik Buterin Abruptly Sends 500 ETH to Little-Known DeFi Protocol - The Daily Hodl [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ripple (XRP) Price Prediction 2025-2030: Whats in store for XRP? - AMBCrypto News [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- After scalability, privacy is the next big thing in the blockchain space - Cointelegraph [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- 5 Things That May Surprise You About Ethereum Creator Vitalik ... - Investing.com UK [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Ethereum's Vitalik Buterin Recommends These Wallets for "Self ... - Watcher Guru [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Vitalik Buterin Explains How He Will Choose 'Guardians' for Recovery Wallets - U.Today [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Who is the Mysterious Koyo Token Burning Billions of Shiba Inu? - The Crypto Basic [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Top Reasons Why This Ancient Ethereum Whale Holding $440 Million Has Never Liquidated - Coinpedia Fintech News [Last Updated On: March 25th, 2023] [Originally Added On: March 25th, 2023]
- Bitcoin in all its glory. Where's the stop? - ForexLive [Last Updated On: March 25th, 2023] [Originally Added On: March 25th, 2023]
- Bitcoin, Ethereum, Dogecoin Rise As Equities Face Banking Anxiety ... - Investing.com UK [Last Updated On: March 25th, 2023] [Originally Added On: March 25th, 2023]
- New Meme Coin Dogetti prepares to rival Ethereum and Theta's ... - Euro Weekly News [Last Updated On: March 25th, 2023] [Originally Added On: March 25th, 2023]
- Crypto Wiki: What is zkSync? - Blockmanity [Last Updated On: March 25th, 2023] [Originally Added On: March 25th, 2023]
- Ethereum (ETH) Price Clears Long-Term Resistance Level - BeInCrypto [Last Updated On: March 25th, 2023] [Originally Added On: March 25th, 2023]
- Zero Knowledge, The Crypto Privacy Research Thats Breaking Out Of Blockchain - Forbes [Last Updated On: March 25th, 2023] [Originally Added On: March 25th, 2023]
- How Did the Ethereum Founders Contribute to its Development And Success? Cryptopolitan - Cryptopolitan [Last Updated On: March 25th, 2023] [Originally Added On: March 25th, 2023]
- Supermodel Gisele Bndchen Spotted With Vitalik Buterin; Rumors Debunked By CoinEdition - Investing.com [Last Updated On: March 25th, 2023] [Originally Added On: March 25th, 2023]
- Ripple (XRP) Price Prediction 2025-2030: Will XRP mirror Garlinghouses confidence? - AMBCrypto News [Last Updated On: March 27th, 2023] [Originally Added On: March 27th, 2023]
- Here are Shibarium Benefits For Shiba Inu - The Crypto Basic [Last Updated On: March 27th, 2023] [Originally Added On: March 27th, 2023]
- Shiba Inu: Who Has 'Burned' the Highest Number of SHIB Tokens? - Watcher Guru [Last Updated On: March 27th, 2023] [Originally Added On: March 27th, 2023]
- 410 Trillion Shiba Inu (SHIB) Burn by Ethereum's Vitalik Buterin Might Be Biggest of All Time: Details - U.Today [Last Updated On: March 27th, 2023] [Originally Added On: March 27th, 2023]
- dcSpark Introduces Proposal To Bring Account Abstraction to Cardano - The Crypto Basic [Last Updated On: March 29th, 2023] [Originally Added On: March 29th, 2023]
- Crypto Price Today: Bitcoin above 27k, Ethereum and most other tokens gain - CNBCTV18 [Last Updated On: March 29th, 2023] [Originally Added On: March 29th, 2023]
- Deaton Says XRP is the Altcoin With the Best Comeback Story - The Crypto Basic [Last Updated On: March 29th, 2023] [Originally Added On: March 29th, 2023]
- Vitalik Buterin Records Largest Shiba Inu Transaction Ever - The Coin Republic [Last Updated On: March 29th, 2023] [Originally Added On: March 29th, 2023]
- Cardano Founder Reacts to Vitalik Buterin Launching zkEVM with Message to Polygon (MATIC) - U.Today [Last Updated On: March 29th, 2023] [Originally Added On: March 29th, 2023]
- Polygon zkEVM Mainnet Beta in operation; Vitalik launches first live transaction - AMBCrypto News [Last Updated On: March 29th, 2023] [Originally Added On: March 29th, 2023]
- Vitalik Buterin Tests First Polygon's zkEVM Mainnet With A Special Message - Benzinga [Last Updated On: March 29th, 2023] [Originally Added On: March 29th, 2023]
- 410 Trillion SHIB Burn by Vitalik Buterin Might Be Biggest, XRP Could Skyrocket After Court Decision, BitBoy to Get SHIB Tattoo If This Happens:... [Last Updated On: March 29th, 2023] [Originally Added On: March 29th, 2023]
- Will Bitcoin hit its $35,000 target in April: BTC deep dive - FXStreet [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Future of Finance: EYs Brody on why tech history shows there can be only one winning blockchain - Yahoo Finance [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- How To Build A Successful Web 3.0 Business: 6 Key Insights For ... - Jumpstart Media [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- How Ethereum Reaped Success with Solidity and Smart Contracts ... - Cryptopolitan [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- $SHIB: Shibburn to Unveil Exciting SHIB-Powered Projects As ... - CryptoGlobe [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Why Vitalik Buterin is bullish on ZK coins - FXStreet [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Vitalik Buterin Among The Top Speakers at EDCON 2023 In ... - NFTevening.com [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Vitalik Buterin says ZK-EVMs Will be Crucial to Ethereum - Crypto Times [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Buterin weighs in on zk-EVMs impact on decentralization and security - Cointelegraph [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Gensler Says Securities Law Is Time-Tested, Crypto Just Needs To ... - Investing.com UK [Last Updated On: April 23rd, 2023] [Originally Added On: April 23rd, 2023]
- Block Dojo 2023: CVs, metaverse travel and car passports on the ... - CoinGeek [Last Updated On: April 23rd, 2023] [Originally Added On: April 23rd, 2023]
- Polygon provides clarity on zkEVMs relevance; how did MATIC react to it - AMBCrypto News [Last Updated On: April 23rd, 2023] [Originally Added On: April 23rd, 2023]
- Shiba Inu Most Traded Asset on Top Exchange in India, Displaces ... - The Crypto Basic [Last Updated On: April 23rd, 2023] [Originally Added On: April 23rd, 2023]
- Dogecoin: How Many Tokens Are There? - Watcher Guru [Last Updated On: April 23rd, 2023] [Originally Added On: April 23rd, 2023]
- 2 Top Cryptocurrencies to Buy in April 2023 - The Motley Fool [Last Updated On: April 23rd, 2023] [Originally Added On: April 23rd, 2023]
- Welcome to the crypto era: is cryptocurrencies time - Captain Altcoin [Last Updated On: April 23rd, 2023] [Originally Added On: April 23rd, 2023]
- The debate continues: Bitcoin, Ether or the others? - Captain Altcoin [Last Updated On: April 23rd, 2023] [Originally Added On: April 23rd, 2023]
- ApeCoin Donates $1M to Fund Ethereum After AIP-230 Vote - BeInCrypto [Last Updated On: April 23rd, 2023] [Originally Added On: April 23rd, 2023]
- Elon vs Vitalik for Dogecoin and Shiba Inu as Big Eyes Coin ... - Analytics Insight [Last Updated On: April 23rd, 2023] [Originally Added On: April 23rd, 2023]
- Decentralized Twitter Alternatives Bluesky and Nostr Experience ... - Cryptonews [Last Updated On: April 30th, 2023] [Originally Added On: April 30th, 2023]
- Ripple (XRP) Price Prediction 2025-2030: Will extreme greed boost XRP further - AMBCrypto News [Last Updated On: April 30th, 2023] [Originally Added On: April 30th, 2023]
- Shiba Inu Holders Migrate to COLT In Search of Higher Gains - Euro Weekly News [Last Updated On: April 30th, 2023] [Originally Added On: April 30th, 2023]
- Gary Gensler can't say if ETH is a security because of the SEC - Protos [Last Updated On: April 30th, 2023] [Originally Added On: April 30th, 2023]
- The Ethereum Community: Who's Behind The Decentralized ... - Blockchain Magazine [Last Updated On: April 30th, 2023] [Originally Added On: April 30th, 2023]
- Crypto Analyst Updates Outlook On Shiba Inu (SHIB) Price ... - The Crypto Basic [Last Updated On: April 30th, 2023] [Originally Added On: April 30th, 2023]
- Vitalik Buterin among the top speakers at EDCON 2023 in Montenegro - Cointelegraph [Last Updated On: April 30th, 2023] [Originally Added On: April 30th, 2023]
- Bitget Invests $10 Million Into AI Platform Fetch.ai - BeInCrypto [Last Updated On: May 2nd, 2023] [Originally Added On: May 2nd, 2023]
- 3 tokens below $3 to blast in 2023: Shiba Inu (SHIB), RenQ Finance (RENQ), Polygon (MATIC) | Bitcoinist.com - Bitcoinist [Last Updated On: May 2nd, 2023] [Originally Added On: May 2nd, 2023]
- Crypto Public Goods Funding in Action - NewsBTC [Last Updated On: May 2nd, 2023] [Originally Added On: May 2nd, 2023]
- Bitcoin and other notable Cryptos Will drive Institutional Transfer of ... - Tekedia [Last Updated On: May 2nd, 2023] [Originally Added On: May 2nd, 2023]
- Cardano Founder was Never A Part of Ethereum says Vogelsteller - The Coin Republic [Last Updated On: May 2nd, 2023] [Originally Added On: May 2nd, 2023]
- Ripple (XRP) Price Prediction 2025-2030: XRP scores at this level, more inside - AMBCrypto News [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- Bitcoin, Cardano, Ethereum, And Others Shoot Up - How Can ... - Analytics Insight [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- Craig Wright on a killing spree against 'crypto' in recent podcast - CoinGeek [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- State regulators crack down on fraudulent cryptos promoted as 'Elon Musk AI Token' and 'TruthGPT Coin' - Cointelegraph [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- How crypto traders can utilize MEV in blockchain transactions - Protos [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- 3 Risk-Free Investments for 2023: Bitcoin (BTC), Shiba Inu (SHIB), RenQ Finance (RENQ) | Bitcoinist.com - Bitcoinist [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- Buying ETH After the Retreat on Ethereum Foundation Selloff - FX Leaders [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- Different Types of Cryptocurrency Explained - CoinCodex [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- A New Market RegimeThe Fed May Have Just Triggered A $100 Billion Bitcoin Price Boom As Ethereum Surges Back - Forbes [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- Ethereum to follow the Paris and Shanghai Upgrade with Cancun - CryptoNewsZ [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- Shytoshi Kusamas New Message Puzzles SHIB Army, Heres What He Said - U.Today [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- Is It Time to Sell Dogecoin? - The Motley Fool [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- Have The Floodgates Opened?Excitement Building As $10 Trillion Crypto Price Earthquake Looms For Bitcoin And Ethereum - Forbes [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- Ethereum Foundation and Vitalik Buterin Move 15K ETH; Is An ETH Crash Ahead? - CoinGape [Last Updated On: May 10th, 2023] [Originally Added On: May 10th, 2023]
- The Ultimate Guide to the Top 10 Protocols on Arbitrum - Bitcoin Market Journal [Last Updated On: May 12th, 2023] [Originally Added On: May 12th, 2023]
- Phemex Launches Its Revolutionary Phemex Soul Pass to Boost ... - PR Newswire [Last Updated On: May 12th, 2023] [Originally Added On: May 12th, 2023]
- Litecoin and These 4 Altcoins Poised for Massive Upswing Move ... - Crypto News Flash [Last Updated On: May 12th, 2023] [Originally Added On: May 12th, 2023]
- Ripple (XRP) Price Prediction 2025-2030: XRP awaits SEC lawsuit verdict and yet - AMBCrypto News [Last Updated On: May 12th, 2023] [Originally Added On: May 12th, 2023]
- How Many Shiba Inu Coins Are There? - Watcher Guru [Last Updated On: May 12th, 2023] [Originally Added On: May 12th, 2023]