Software applications are revolutionizing the cryptocurrency industry thanks to improving technology. Some of the applications include soft wallets and exchanges’ apps, gamified fitness applications, and mining apps. Soft wallets allow users to accumulate wealth in digital assets in a decentralized manner that is free from restrictions imposed by governments and central banks. Applications developed by centralized exchanges have made crypto trading more accessible than ever. Additionally, an app developed by StepN allows users to earn cryptocurrencies for participating in physical activities. The world is now witnessing a software app revolution infiltrating the crypto mining space through Bitcoin Spark’s mining application.
What is STEPN?
STEPN is a digital application that pays users to become fit. The project tracks user-activity records and rewards individuals for engaging in physical activities. The application makes fitness exciting and encourages the overall good health of users. To participate, users need to download the StepN application, choose a desired sneaker depending on the nature of the activity, and head outdoors for walking, jogging, or running, depending on the selected exercise. Conducting the activities outdoors is mandatory since the application uses GPS to track the location and hence cannot be used on treadmills.
What is Fantom?
Fantom is a decentralized, fast, and scalable digital platform developed to solve the scalability issues of other blockchains. The network has undergone a significant software upgrade called the Fantom Sonic. This upgrade has introduced Fantom to faster transaction speeds of up to 2000 transactions per second. Fantom has evolved continuously, and experts believe the project may show upside potential in the coming bull market.
Bitcoin Spark gains traction from STEPN and Fantom investors
Recently, Bitcoin Spark has shown an influx of investors from major blockchain-powered platforms, including STEPN and Fantom. The project’s development is massively inclined to the promised utility and self-sustaining ecosystem powered by a high-performance blockchain network with advanced smart contracts. Bitcoin Spark is derived from Bitcoin’s underlying network but has been improved considerably to overcome the blockchain trilemma in Bitcoin. Bitcoin Spark addresses Bitcoin’s shortcomings, which include low transaction speeds, high transaction costs, and limited scalability.
The Bitcoin Spark KYC verified founders have managed to reduce the block time of Bitcoin Spark’s blockchain and increase the block capacity to accommodate faster speeds and lower transaction costs. The devs at Bitcoin Spark have also reduced the network’s complexities to open the gates of digital asset mining to retail investors. The project’s consensus, proof of process, allows retail miners to interact with Bitcoin Spark’s smart contract using low-energy mining devices.
The mining process will take place on applications installed on smart devices powered by different operating systems. The application will run on the installed device, capitalizing on the CPU or GPU and the RAM in isolation to allow the device to execute other operations as executed by the owner. Mining through an application massively cuts costs to set up expensive mining facilities that mine Bitcoin using high energy levels that get wasted. With a simplified network, the smart contract will be modified to tap idle processing power and lend it to clients working on virtual complex computations, who will pay in BTCS tokens.
Bitcoin Spark ICO shocks STEPN and Fantom users
In line with the ending ICO event, Bitcoin Spark developers have launched a bonus event to thank loyal community members for walking the project through its ICO completion. The project has successfully ended nine presale phases and, in the process, gained more than $5 million from selling BTCS tokens. The bonus event marks this milestone and sets the pace for achieving other objectives. Bitcoin Spark community members will get a 1000% bonus until the allocated supply of 100,000 BTCS is achieved. The announcement of the progress will be relayed to the participants through social media channels. The price of BTCS is still pegged to ICO phase 10’s overall cost of $3.75.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
Crypto News Flash Disclaimer: This publication is sponsored. Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should conduct their own research before taking any actions related to the company. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.
