Ethereum, a widely recognized open-source smart contracting platform that has made significant contributions to the DeFi sector, was first developed through crowdfunding in 2014. Co-founded by millennial entrepreneur Vitalik Buterin, born in 1994, Ethereum operates on an inflationary model, meaning its native utility token, Ether, has no maximum supply. This distinguishes Ethereum from Bitcoin, which has a capped supply of 21 million. However, a new project called Bitcoin Spark has emerged as a promising alternative to Ethereum.
Ethereum is currently the second-largest cryptocurrency by market capitalization, following Bitcoin. With the crypto market’s risk sentiment turning bullish, holders of Ethereum may see an increase in its price as the market seeks to recover from recent lows. Experts anticipate an upcoming bull run, particularly when Bitcoin ETFs become operational ahead of the Bitcoin halving event. Despite these optimistic projections, Ethereum whales are now turning their attention to Bitcoin Spark, a project that offers potentially higher returns than Ethereum.
Bitcoin Spark is an innovative Bitcoin alternative with competitive advantages over Ethereum. It has already raised over $1 million through an ongoing ICO event in its fifth phase. Investors participating in the presale of Bitcoin Spark’s native token, BTCS, can expect significant returns. Each BTCS token is sold for $2.50, and purchasers receive an additional 9% bonus. Once the mainnet is released, those who bought BTCS during the presale can potentially yield a 436% return when the token reaches a retail price of $10.
In addition to its investment potential, Bitcoin Spark offers an exclusive referral program that allows investors and public figures to earn passive income. This feature allows individuals to capitalize on unlimited earning potential. Users who sign up with a referral link and make a purchase of over $60 receive an extra 10% bonus, while the owner of the referral link receives a 10% commission immediately after the purchase.
Bitcoin Spark’s BTCS is a deflationary token, similar to Bitcoin, with a maximum supply of 21 million tokens. What sets this platform apart is its proof-of-process consensus mechanism, which combines the advantages of proof-of-work (found in Bitcoin) and proof-of-stake (found in Ethereum). This innovative approach simplifies and enhances the efficiency of the network compared to Bitcoin and Ethereum.
Furthermore, Bitcoin Spark will support smart contract layers similar to those found on the Ethereum network. These smart contracts will be deployed using EVM-compatible languages such as Solidity and Vyper, along with other EVM bytecode languages. However, the compatibility of Solidity opcode variants is pending confirmation, and any incompatibilities will be addressed upon the release of the devkit. The introduction of smart contracts will enable community members and third-party developers to build decentralized applications on the Bitcoin Spark platform.
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