As rumors around Bitcoin ETFs are intense, the community of the new alternative, Bitcoin Spark (BTCS), is preparing for the next bonus event, which some believe could be the biggest yet.
Is Bitcoin a Good Investment?
Many factors point to Bitcoin (BTC) being a good investment. With its limited supply of 21 Million coins and decentralized nature, Bitcoin stands out as a relevant investment option in the crypto landscape. It has also gained a lot of interest from institutional investors, governments, and the broader public makes it a legitimate store of value.
The probable approval of a Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC) could significantly strengthen Bitcoin’s investment appeal. Once approved, the Bitcoin ETF can serve as a doorway to more accessibility for institutional and retail investors to gain exposure to BTC. This could result in more liquidity for the asset. Thus, Bitcoin can be legitimized as a mainstream asset class.
Bitcoin Spark: The Last Bonus Event Before Massive Launch
Bitcoin Spark recently transitioned into the last phase of its Initial Coin Offering (ICO). The ICO has raised more than $5,000,000 so far, a testament to the trust and belief in its vision to create a superior Bitcoin alternative.
Bitcoin Spark has a limited supply of 21 Million BTCS coins, maintaining the scarcity factor that has made Bitcoin (BTC) be fervently compared to gold.
The Bitcoin Spark blockchain is designed with multiple seamlessly integrated layers that significantly enhance its scalability. The layers will include a dedicated smart contract layer with separate execution systems that reach singular network finality, enabling developers to use multiple programming languages for application building.
This positions Bitcoin Spark as a robust platform capable of supporting the development and usage of diverse smart contracts and decentralized applications (dApps).
Bitcoin Spark’s mining process is underpinned by its proprietary consensus mechanism, the Proof-of-Process (PoP). This innovative mechanism will non-linearly reward miners for confirming blocks and contributing their processing power to the network. The Bitcoin Spark network will have massive nodes, which when combined with the nonlinear functionality, will allow for low-powered devices to mine BTCS.
Aside from making the network’s repository public for third-party developers, the Bitcoin Spark team will also provide an easy-to-use, lightweight, and secure mining application compatible with Windows, Linux, macOS, iOS, and Android devices.
Innovatively, Bitcoin Spark will enable institutions and individuals in need of extra computation capacity to employ the power contributed by the miners in exchange for BTCS. The BTCS transactions will be processed quickly and affordably as the Bitcoin Spark blockchain is designed for speed, with features like a short block time, high individual block transaction capabilities, and massive nodes.
About 97% of the revenue earned from the decentralized CPU and GPU rental will go back to miners, who will also receive newly minted BTCS and transaction fees. Interestingly, the BTCS minting will run on an elastic system factoring in various elements, including the revenue generated within the Bitcoin Spark network.
Thus, with the potential for unlimited power provision and secondary income-generating services within the network such as advertising on the application and website, BTCS miners will remain consistently profitable in the long run. Notably, the Bitcoin Spark network has passed through some smart contract audits and received certificates that affirm its security, reliability, and sustainability.
At press time, BTCS is selling at $3.75, accompanied by a 4% bonus. Investors in this ultimate phase are expecting a 277% increase in investment as BTCS is set to launch at $10. However, the BTCS community is eagerly waiting for the final bonus event, which, according to sources, will significantly boost their earnings.
With the trajectory of the crypto market right now, looking to Bitcoin (BTC) and its innovative alternative, Bitcoin Spark (BTCS), is a crucial move for those looking for massive returns.
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