Unleashing the Future of Smart Contracts

Ethereum is the largest smart contracting DeFi project, making it the most used platform in the deployment of smart contracts and building decentralized applications. The platform provides a conducive environment for DeFi protocols to thrive by eliminating third parties and intermediaries. This increases efficiency and decentralization as anyone can develop and debut a DeFi protocol. The platform has recently come into contact with a new DeFi project called Bitcoin Spark. The combination will revolutionize the face of decentralization and the future of automated smart contracts.

How to Stake Ethereum

Ethereum is an improved network that rivals Bitcoin. The network transitioned from a proof-of-work consensus to a proof-of-stake consensus to reduce its carbon footprint as well as make the network more efficient and scalable. The major hard fork upgrade occurred in 2022, replacing all Ethereum miners with staking validators. Each Ethereum validator must have a minimum stake of 32 ETH to ensure the network participants work following the network’s best interests. However, this requirement has provided an entry barrier that locks out retail investors wishing to become validators.

Bitcoin Spark will change the game of smart contracts

While Ethereum is still the top smart contracting platform, Bitcoin Spark is showing great potential to revolutionize the game of smart contracts. The project is a Bitcoin hard fork, but its developers will integrate a smart contract layer that supports high and low-level EVM languages such as Solidity and any other language that coincides with the EVM bytecode. The network will also house a parallel layer that permits smart contract deployment in a Rust-based blockchain systems programming language.

This upgrade makes Bitcoin Spark a better alternative than its parent network, Bitcoin. The lack of smart contracts hinders the Bitcoin network from growing or sustaining other projects, smart contracts and decentralized applications, which play a major role in the growth of the DeFi ecosystem.

How to Mine BTCS

BTCS is the Bitcoin Spark ecosystem’s native cryptocurrency. Upon mainnet release, network participants will start earning the token through mining and validation processes. Bitcoin Spark is revolutionizing the mining process by promoting decentralization and reducing and removing major mining entry barriers through a newly refined network management consensus called proof-of-process.

Proof-of-process employs Bitcoin’s proof-of-work and Ethereum’s proof-of-stake to improve the security (by reducing the chances of a 51% attack) and efficiency of the Bitcoin Spark network. The process also involves a special algorithm that equates the distribution of rewards for miners and validators.

Bitcoin Spark is currently in its early development stages. The project’s ongoing presale gives investors a life-changing opportunity to purchase its native tokens, BTCS, at low prices. The ICO is in the third phase, and each token is selling for $2. Any purchase completed during this phase will yield 560% gains when the project launches on November 30th at a rate of $10 per token. The Bitcoin Spark team also gives an exclusive bonus of 12% for all purchases made during phase three as a vote of thanks to early adopters.

Three leading independent audit platforms have audited Bitcoin Spark. Cognitos, Vital Block, and Contract Wolf have all comprehensively scrutinized Bitcoin Spark’s smart contract with no findings, and the audit reports and the project’s whitepaper are publicly available online. Moreover, Cognitos and Vital Block have extended their audits to scrutinize the team’s identification verification (KYC), and their reports are also available publicly.

Learn more about Bitcoin Spark on:

Website: https://bitcoinspark.org/

Buy BTCS: https://network.bitcoinspark.org/register

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