There are many different crypto currencies available on the market today, and it can be difficult to choose which one has the best future. However, there are a few factors that can help you make this decision. First, you need to consider the team behind the crypto currency. The team should have a good track record and be able to show a strong commitment to the project. Second, you need to look at the technology behind the crypto currency. It should be based on sound principles and have a solid roadmap for future development. Finally, you need to evaluate the community around the crypto currency. The community should be active and supportive, and there should be a strong demand for the currency.
Ethereum (ETH)
Ethereum has the potential to completely change the way we interact with the internet. It could potentially provide a more secure and efficient way of handling data and transactions. With its smart contract functionality, Ethereum could also help to automate many processes that are currently manual or require third-party involvement.
If it is successful in doing so, Ethereum could have a very bright future indeed.
Binance Coin (BNB)
The BNB token was launched in July 2017 and it had an initial coin offering price of $0.10 per token. The ICO raised $15 million and there were 100 million tokens sold during the ICO. The token peaked in value at $24 in January 2018 before crashing back down to around $9 by April 2018. Despite this crash, the fundamentals of the project remain strong and the team continues to develop new uses for the token including expanding its use beyond just an exchange utility token. In March 2019, b inance announced that they would be burning 100 million BNB tokens which would reduce the total supply from 200 million to 100 million. This would effectively double the price of each remaining BNB token if all else remained equal.
The long-term goal for b inance is to build a decentralized exchange (DEX) where users can trade directly from their own wallets without having to deposit their funds on to a centralized exchange wallet. By doing this, b inance would eliminate many of the problems associated with centralized exchanges such as hacks, theft, and mismanagement. If successful, b inance could become one of the leading exchanges in terms of both volume and security.
Polygon (MATIC)
The Future of Crypto is Here
Polygon, formerly known as Matic Network, is a Layer 2 scaling solution that enables fast, secure, and low-cost transactions on Ethereum. Its main aim is to solve the scalability issues that have plagued the Ethereum network since its inception. Polygon uses a technique called Plasma to scale Ethereum transactions. Plasma is a framework for creating scalable decentralized applications (d apps). It uses an off-chain structure that allows d apps to run without clogging the Ethereum block chain. This makes Polygon one of the most promising solutions for scaling Ethereum.
There are numerous other Layer 2 solutions being developed for Ethereum, but Polygon has some key advantages that make it stand out from the rest. For one, it is backed by a strong team of experienced developers and investors. Secondly, it has already launched Mainnet and has over 30 d apps running on its network. This gives it a significant head start over other solutions that are still in development phase. Finally, Polygon’s unique governance model ensures that decisions about the network are made democratically by its users rather than being centrally controlled by a small group of developers or investors.
Terra 2.0 (LUNA)
The Future of Finance
LUNA is a project that seeks to create a decentralized financial system on the block chain. The project is being developed by the team behind the popular crypto currency exchange, Binance. The goal of LUNA is to provide a way for people to store and use value without having to rely on centralized institutions such as banks or governments. The project will do this by creating a platform that will allow users to trade, borrow, and lend crypto currencies and other assets in a peer-to-peer fashion. The platform will also offer services such as insurance and escrow.
The LUNA token is the native token of the platform and will be used to power all transactions on the network. holders of the token will be able to earn interest on their holdings, vote on governance proposals, and participate in staking rewards. The team behind LUNA has extensive experience in both the block chain space and traditional finance. They have been involved in projects such as Ethereum, Stellar Lumens, NEO, OmiseGO, Qtum, and Binance Coin.
Avalanche (AVAX)
Avalanche is a unique consensus algorithm that is designed to be fast, secure, and scalable. It is based on a novel consensus protocol called the Snowflake Protocol. Avalanche is the first protocol to achieve sub-second finality with a permission less network of untrusted nodes.
Avalanche is a platform for launching decentralized applications and exchanges. The Avalanche network consists of a number of virtual machines, each of which can support its own block chain. This enables developers to launch new block chains quickly and easily without having to fork an existing block chain or write their own consensus algorithm.
The Avalanche consensus algorithm has several key features that make it superior to other protocols:
1) Fast Finality: The Avalanche protocol achieves sub-second finality with a high degree of security. This means that transactions are confirmed very quickly, without the need for long confirmation times like other protocols such as Bitcoin or Ethereum.
2) Scalability: The Avalanche network can scale to support thousands of transactions per second without compromising security or decentralization. This makes it ideal for applications that require high throughput, such as payments or exchanges.
