Top 10 Fastest Growing Cryptocurrency In 2023 | Be Bitcoin
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#10 #avalanche
Avalanche (AVAX) serves as a platform for private blockchain networks and decentralised apps. It has sought to create its own DApp and DeFi ecosystem since the mainnet's introduction. It seeks to resolve the blockchain trilemma by employing a novel architecture that consists of three distinct blockchains, providing a higher transaction throughput of up to 6,500 transactions per second without sacrificing decentralisation.
#9 #polkadot
A decentralised protocol called Polkadot enables blockchains to securely communicate with one another and freely exchange information and value. This is accomplished by using "para chains," or parallel blockchains, which relieve the primary blockchain of some of its processing duties. DOT, the native token of Polkadot, is utilised for staking and governance and enables holders to take part in network security and vote on software updates.
#8 #polygon (MATIC)
Polygon (MATIC) is a cryptocurrency to look into if you're searching for one that prioritises sustainability. Polygon, an Ethereum-based Layer-2 solution, promises to increase transaction efficiency and functionality. Also, it's one among the several blockchains that have achieved carbon neutrality. You can aid in network security and profit by staking MATIC. Moreover, Polygon is supported by an increasing number of decentralised financial applications.
#7 #RobotEra (TARO)
The intriguing new game RobotEra promises to provide a distinctive and engaging gaming experience. It's understandable why investors are paying attention given the opportunity to own virtual land, make games without knowing any code, and earn tokens by performing various tasks. The pre-sale for TARO tokens has already started, even though the game isn't scheduled to launch until 2023.
#6 #solana
With transaction speeds of up to 50,000 per second, Solana is a very quick cryptocurrency platform with less congestion and cost. The main feature that sets it apart from other cryptocurrencies like Ethereum is its distinctive proof of history technology. The native cryptocurrency of Solana, SOL, allows holders to vote on upcoming upgrades and is utilised for transaction fees and staking.
#5 #ethereum
Ethereum is a decentralised computer platform that supports a huge ecosystem of applications, ranging from financial tools and games to databases, and is the second-largest cryptocurrency by market cap behind Bitcoin. The capacity to execute smart contracts, which enables a variety of decentralised financial and other apps, is what distinguishes Ethereum from Bitcoin. Also, using Coinbase to stake your ETH is a safe and simple way to collect rewards. Considering that Ethereum's potential is only limited by developers' ideas, investment today could have significant long-term benefits.
#4 #sushiswap p
A decentralized exchange called SushiSwap uses smart contracts to build marketplaces for token pairs. SushiSwap, a clone of Uniswap that was launched in 2020, provides network users with greater benefits via its native currency, SUSHI. DeFi traders and related businesses frequently use it because of its distinctive approach to AMMs and governance architecture. With Sam Bankman-Fried as the new owner, SushiSwap is set up for future expansion and improvement.
#3 #cardano (ADA)
A blockchain platform called Cardano (ADA) enables the creation of decentralised applications and smart contracts. The open-source initiative aims to promote progress on a global scale and contribute to the development of a more open and equitable society. The proof-of-stake consensus algorithm used by Cardano requires less energy than the proof-of-work approach. To provide smart contract capability to the blockchain and enable the creation of native decentralised applications, it just deployed the Alonzo hard fork.
#2 #flow
The next generation of games and apps will be built on Flow's quick, decentralised, and developer-friendly blockchain. Additionally, there has never been a better opportunity to invest in this cutting-edge platform with major entertainment brands, top game developers, and crypto leaders already working on it.
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