Crypto innovators have significantly improved the function of their projects by offering more utilities to their users. Bitcoin, the first cryptocurrency, was the first step in this evolution.
Bitcoin (BTC) is a blockchain-based platform created to offer a decentralized financial system for all transactions. Sadly, though, it was plagued with significant flaws that have continued to affect the project. One of these is how the blockchain verifies transactions and reaches a consensus.
Bitcoin and all proof-of-work crypto projects use large computational devices to verify transactions and secure the blockchain. Validators receive newly mined cryptocurrencies as a reward.
However, this consensus mechanism consumes a high amount of electricity, which leaves a high carbon footprint. To curb this, crypto projects like Revolutux (RVLT) and Cardano (ADA) came into existence.
These crypto-assets use an improved method to verify transactions, reach a consensus, and secure the blockchain. This...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...