In a surprising turn of events within the cryptocurrency space, Simone Pomposi, the Chief Marketing Officer (CMO) of Fantom, has hung the towel. This unexpected development has sparked significant interest and speculation among the crypto community.
Meanwhile, there is a notable surge in FTM holders purchasing into the Bitcoin Spark (BTCS) ICO, indicating a dynamic shift in the digital asset landscape and widespread BTCS adoption.
What you'll learn 👉
What is Fantom?
Fantom, often referred to as Fantom Opera, is a blockchain platform and cryptocurrency designed to provide fast and scalable solutions for dApps and smart contracts. Fantom aims to address some of the scalability and speed limitations commonly associated with other blockchain networks like Ethereum. Fantom deploys a Directed Acyclic Graph (DAG) structure to allow for faster transaction confirmation and scalability. FTM boasts rapid transaction speeds, with the capacity to handle thousands of transactions per second (TPS). This makes it suitable for applications requiring high throughput.
The Fantom platform is open-source, fostering community involvement and development contributions. FTM is the native cryptocurrency of the Fantom network and is used for various purposes, including transaction fees, staking, and participating in network governance.
Fantom Price Prediction
It’s worth noting that Fantom Price Prediction by experts and analysts can vary widely, and the accurate future price is uncertain. Broader market conditions can influence the Fantom price. Fantom competes with other blockchain platforms, and the performance and adoption of these competitors can influence its price.
Bitcoin Spark (BTCS)
BTCS stands out in cryptocurrency for its commitment to mining accessibility and fair reward distribution through the Proof-of-Process (PoP) mechanism. It embodies the ethos of “Anyone Can Mine”, prioritizing inclusivity by allowing individuals with varying levels of computational resources to participate in the mining process. BTCS aims to level the playing field of the traditional Proof-of-Work (PoW) systems where the wealthiest miners often dominate.
This approach enhances decentralization by lowering the barrier to entry for mining, making it accessible to widespread users. BTCS implements a unique rewards distribution model that considers both the miners’ stake in the network and the work they contribute to processing power. This balanced approach ensures that rewards are distributed fairly, preventing a concentration of rewards among a few large players.
The system deploys a Bitcoin Spark application that rewards those who actively participate in securing and supporting the network, promoting a healthy and sustainable ecosystem. The standout feature of BTCS is the ability for users to provide processing power to the network through an application. This processing power can be rented out to companies and individuals for various high CPU or GPU load tasks. Users are rewarded for offering their computational resources, creating an additional avenue for earning within the BTCS ecosystem. The application will in the future, incorporate a BTCS wallet for the safe storage and maintenance of digital assets.
BTCS’ ICO is in phase four for $2.25 and a bonus of 10%. Phase four holders during the launch will realize an ROI of 489%. Moreover, BTCS infrastructure is transparent and secure, having audited and KYCed its infrastructure, a factor attracting FTM investors in droves.
More on Bitcoin Spark here:
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