The dynamic cryptocurrency industry is continuously evolving and changing, constantly displaying life-changing opportunities for regular investors to create wealth without the interference of governments, banks, and other centralized entities. Crypto enthusiasts await more bullish indicators to maximize their surplus capital on XRP and Bitcoin Spark. XRP investors have begun to delegate most of their capital to Bitcoin Spark for its massively undervalued BTCS token and the project’s incoming bonus event.
What you'll learn 👉
What is Ripple (XRP)?
XRP is the digital asset that powers the Ripple ecosystem. Ripple Labs is a US-based private blockchain development company. The company innovated the Ripple network, an open-source protocol for decentralized institutional cross-border transactions. The Ripple network comprises the RippleNet and Ripple Consensus Ledger, which execute transactions for the institutional participants.
The asset transfer occurs on the underlying blockchain network that secures the transactions in a decentralized way by sharing information in blocks. XRP has a maximum supply of 100 billion units. However, 80% of the supply (about 20 billion XRP units) was delegated to the creators through the company, causing centralization concerns. The concerns have left many wondering if XRP is still worth investing in.
What is Bitcoin Spark (BTCS)?
Bitcoin Spark is a necessity-driven digital currency invented to rewrite Bitcoin’s success story. The project takes admirable inspiration from its parent blockchain, Bitcoin, but takes a different turn in addressing Web3 scalability issues and other aspects of modern-day blockchain trilemma.
BTCS is the native digital currency of the ecosystem but is currently minted on Ethereum to support the ongoing cryptographic fundraising event. Bitcoin Spark developers display a positive trajectory for the incoming Vital Block audited ecosystem compared to XRP and Bitcoin.
While XRP faces controversies for its centralization and censorship loopholes, Bitcoin Spark aims to promote full network decentralization. The mainnet is under beta tests and will officially debut when the ICO event ends. The ICO is in the culmination stages in phase ten, dispensing BTCS tokens for $3.75 each, after which the tokens will debut on XT.com and Uniswap for more accessibility for those who miss out on the ICO.
Although the listing will make BTCS accessible independent of the ICO deployer address, those who come after the launch will purchase BTCS for $10. The price is expected to increase with increasing demand.
Bitcoin Spark will mint the remaining supply of BTCS on the mainnet blockchain and establish a bridging system to allow ICO participants to transfer their assets from the Ethereum mainnet to the Bitcoin Spark network and other networks. These networks include BNB Smart Chain and Polygon, to which the team is establishing liquidity pools to support the cross-network bridge.
Bitcoin Spark Sparks is an exclusive bonus event
As the ICO nears its demise, the developers have announced an upcoming bonus giveaway for all community and non-community members. The end of the ICO indicates the termination of the first part of the journey but also serves as a gateway for exclusive BTCS ownership at massively discounted prices and rates. Potential participants are urged to stay connected to Bitcoin Spark by following the platform’s social media accounts since the official information on the bonus event will be relayed through these platforms. Those who glimpse will miss this!
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Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
