• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / Press Release / Who’s Got a Better Use Case: BudBlockz, Hedera or Algorand?
2 Budblocks billboard 082022 scaled e1666010000455

Who’s Got a Better Use Case: BudBlockz, Hedera or Algorand?

October 17, 2022 by Akash Anand

Most projects which are based on top of blockchain technology will typically come with their own native cryptocurrency.

Each project will also assign a specific use case, or in other words, some sort of utility for the cryptocurrency in order to make it useful and desirable across the ecosystem.

Today, we are going to take a look at three projects and see how their tokens, as well as how the projects as a whole, are utilized. These projects are: BudBlockz, Hedera, and Algorand.

nKA61TTYsDOOdQlD34wkBo8

What Is Budblockz and How Does It Work?

BudBlockz is the world’s first online, decentralized eCommerce platform specifically tailored to those that are interested in cannabis, and it enables anyone accesses to the global cannabis markets in a secure, private and decentralized way. 

BudBlockz has its own native cryptocurrency BLUNT. The BLUNT token is used as a medium of exchange between individuals as well as cannabis corporations.

This means that BLUNT can be used to transact with Dispensaries, Farms, CBD manufacturers, and more. Additionally, BudBlockz has the additional utility and functionality of serving the role of the governance token, which means that BLUNT governs the community to enhance fair as well as transparent trading for everyone.

In the future, BLUNT will also be a cryptocurrency that can be staked, allowing customers to be rewarded for holding their tokens and contributing to the long-term vision of BudBlockz.

What Is Hedera and How Does It Work?

Hedera is essentially a network that allows anyone to transact and deploy applications. However, a group of businesses is responsible for overseeing the overall network. The network stands out due to the fact that it has a fast network throughput for its native cryptocurrency, known as HBAR, but only lets approved nodes participate in the process of verifying the transaction history. 

Its governance is allocated to the Hedera Governing Council, which runs the consensus nodes. It also implements its distributed open ledger on hashgraph technology instead of blockchains. 

As such, HBAR is used for the payment of transaction fees, to make micropayments, and to protect the network through its Proof-of-Stake (PoS) consensus mechanism.

What Is Algorand and How Does It Work?

Algorand is a blockchain platform that is designed to function as a payment processor. It utilizes a unique consensus mechanism known as Pure-Proof-of-Stake (PPoS). 

ALGO is the native cryptocurrency for this specific blockchain, and it is utilized as a means of securing the platform as well as rewarding those governing the entire ecosystem. Its supply is capped, where the Algorand Foundation, the non-profit overseeing and funding its development, claims that only 10 billion units will ever get created. 

On Algorand, developers can create new kinds of applications that are powered by cryptocurrency, and the network has been historically used in real estate, microfinance, and similar use cases.

Picking the Project and Token with The Best Use Case

All of these projects fill unique, distinctive roles within the crypto ecosystem. 

Each cryptocurrency that powers each of the three platforms ultimately serves a unique role within them and all of them feature a solid level of utility that will spark demand within each one of them. 

Some projects have been around for quite a while, such as Heder and Algorand, so we have some perspective surrounding their use, but newcomers such as BudBlockz have the potential to overtake the crypto space and surprise users with its use case. 

Learn more about BudBlockz (BLUNT) at the links below:

Official Website: budblockz.io/ 

Presale Registration:: https://app.budblockz.io/sign-up 

Telegram Group: https://t.me/BudBlockz 

Discord Server: https://discord.gg/s7hBFgvTmN 

All BudBlockz Links: https://linktr.ee/budblockz

Filed Under: Press Release, Blockchain Tagged With: Algorand, blockcahin, Budblockz, news

Primary Sidebar

Recent Posts

  • XRP ETF Trading Volume Soars 5x Amid Investor Rush and Price Rally July 13, 2025
  • Dogwifhat (WIF) Correction Pauses as Bulls Target $1.03 Breakout July 13, 2025
  • XLM Eyes $0.46–$0.50 Following Stellar Protocol 23 Hype July 13, 2025
  • Pi Network Delays Full Launch Until Pi Coin Hits Stable $10 Price Target July 13, 2025
  • Solana Gains Institutional Backing as Upexi Commits $200 Million to Treasury July 13, 2025

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2025 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.