Metamask, an Ethereum-based digital currency wallet service provider, has recently unveiled a selling feature that allows users to convert cryptocurrencies to traditional fiat without any external features. This has been a major breakthrough for virtual currency evolution, and more hot and cold wallets are emerging to make the blockchain ecosystem safer and more accessible for users.
One of these wallets is Bitcoin Spark, which has attracted the attention of investors in the ledger technology. This decentralized application is set to act as a wallet that supports other networks.
Another interesting token is the Binance Coin (BNB). Launched using the ERC 20 protocol on the Ethereum blockchain, BNB has since become the native token of the Binance chain. It was released in July 2017 via an ICO and its cap is set at 200 million coins. 10% of the BNB tokens (20 million) were given to venture capitalists, 40% (80 million) were allocated to the initial management team, and the remaining 50% (100 million) were distributed among ICO contributors.
The Bitcoin Spark platform is making strides in the crypto world and is set to promote transparency, scalability, and efficiency within the digital currency sector. Its roadmap has been carefully designed and edited to provide details from the initial coin offering to the post-launch period. The network has also been audited by three renowned auditing companies – Cognitos, Contract Wolf, and Vital Block – to ensure its operations are transparent.
The platform’s native currency is called BTCS, which is used as a gas token and to reward community members who actively take part in the network’s development. Validators are among the most highly rewarded members as they confirm new blocks and provide GPU/CPU power. Bitcoin Spark has a similar supply of BTCS tokens as Bitcoin has for BTC – 21 million. The total supply will be allocated to mining pool rewards and the 4.55 million launch supply. This launch supply will be divided into 4 million for initial coin offerings, pre-network exchanges and liquidity pools, and team tokens.
Those who wish to take advantage of the projected surge can purchase BTCS for $2.25 in the current presale phase four and receive a bonus of 10%. There is also a launch profit of 489% during the launch period, scheduled for 30th November.
For more information on Bitcoin Spark, please visit their website at https://bitcoinspark.org/ or buy BTCS at https://network.bitcoinspark.org/register. Please note that this is a paid release and the opinions expressed in this article do not necessarily reflect those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content, thus be sure to do your own research and invest at your own risk.