In a world that’s now being dominated by cryptocurrencies and blockchain technology, it’s easy to feel as if virtually everything is repetitive. Yes, cryptocurrencies are impressive and can be referred to as one of the biggest innovations of the 21st century. However, constant change is needed to keep the crypto space developing. So, what are the next crypto tokens to drive massive change in the crypto space after Ethereum and Bitcoin? Keep reading to find out more.
There are only a few cryptocurrency tokens with impressive use cases on the coin market. This layer-2 solution runs alongside the Ethereum network and is designed to ensure that the network is faster and can be used at extremely low transaction fees. MATIC is the native token of this platform. This token is used to pay transaction fees, staking, etc. When the Ethereum network was developed, it was used to create smart contracts that run decentralized applications. But later on, it became crowded and really expensive to use.
Users can enjoy near-instant transactions on this platform. Polygon acts as a speedy parallel chain that will allow decentralized applications to run on the Ethereum blockchain. This cryptocurrency project can process transactions quickly because it relies on a proof-of-stake mechanism. Holders contribute MATIC to the network to secure the network. The Polygon network is quite similar to the Ethereum blockchain. To use the Polygon network, you’ll need to send some crypto coins to a compatible wallet, such as Coinbase. You’ll use MATIC to settle transaction fees.
Cosmos is one of the most innovative crypto projects on the coin market. This blockchain is popularly known as the internet of blockchains. The development team of Cosmos is designed to create a network of crypto blockchains with open-source tools. These tools are perfect for streamlining transactions between blockchains. This blockchain network is designed to be customizable and interoperable. And that’s what sets the Cosmos blockchain from others.
Instead of focusing on developing its network, Cosmos is concerned about creating an ecosystem of blockchains with no central party controlling activities on the network. Any new blockchain added to the Cosmos network is called a zone. These zones are tethered to a Cosmos Hub. The Cosmos Hub is run on a proof-of-stake mechanism and on a native token known as ATOM. Cosmos offers blockchain developers plenty of options because its network is broken into three layers; Application, Networking, and Consensus.
Stakenomics is a cryptocurrency set to redefine everything we know about blockchain and crypto tokens. There are numerous impressive things to note about Stakenomics. To start with, this cryptocurrency is hosted on the Binance Smart Chain. This blockchain is considered a considerable improvement to the congested nature of the Ethereum blockchain. The BSC supports throughput, fast transactions, and low transaction fees. With its innovative network, this blockchain can allow users to enjoy this technology’s true potential.
At its core, Stakenomics is designed to offer the best form of support to public and private transactions. It will support seamless transactions with high security, scalability, and the ability to fulfill all our outlined goals. You’ll be thrilled to learn that Stakenomics takes its security seriously. This project is concerned about customers losing their investments. As a result, it has put reasonable measures in place to protect its funds. Stakenomics can process transactions fairly quickly because it runs on a proof-of-stake network. Users can contribute STAKE to secure the network’s transactions. What’s more? Stakenomics will regularly burn different portions of its STAKE coins to increase the demand and price of its tokens.
Furthermore, Stakenomics will run as a DAO. This means that users can vote on development decisions on the platform. The number of votes for every user will depend on the number of coins they have staked. You can participate in the presale to get early access to these coins.