Bitcoin Cash and Dogecoin Holders Switching Over to This Supercharged Bitcoin Alternative

Dogecoin (DOGE) and Bitcoin Cash (BCH) have undoubtedly gained popularity in the crypto community. However, their holders seem to be switching over to a new supercharged Bitcoin alternative known as Bitcoin Spark (BTCS).

Is Dogecoin dead?

No, Dogecoin (DOGE) is not yet dead. The meme coin remains among the top 10 cryptocurrencies by market cap, and its vibrant community continues to demonstrate strong enthusiasm and engagement. Moreover, Dogecoin’s integration into various platforms and applications, along with endorsements from prominent figures, showcases its evolving relevance. However, experts suggest that the coin will need significant improvements and upgrades to remain a key player in the evolving crypto landscape.

What is Bitcoin Cash?

Bitcoin Cash (BCH) is a Bitcoin hard fork that was created in August 2017 with the main goal of decreasing fees and transaction times by enabling more transactions in a single block. Despite differing philosophical perspectives that fueled the fork, Bitcoin Cash maintained certain foundational aspects that linked it back to the original Bitcoin, employing the same consensus mechanism and having a limited supply of 21 million. 

Bitcoin Spark: A Bitcoin alternative with great potential 

Bitcoin Spark is a Bitcoin hard fork that aims to solve the limitations of traditional cryptocurrencies by providing users with unmatched security, speed, and scalability. The Bitcoin Spark network is capable of handling many transactions per second while maintaining low gas fees due to its reduced block time, increased individual block transaction capabilities, and the large number of nodes. 

Bitcoin Spark is built with a multi-layer architecture that involves separate contract execution systems with singular network finality. This approach ensures scalability while allowing for smart contracts deployment on the network. It also enables support for both low-level and high-level programming languages, promoting a variety of developers and smart contract styles on the Bitcoin Spark network.

Notably, anyone with a smart device can participate in mining BTCS. This is possible through Bitcoin Spark’s novel consensus mechanism, Proof-of-Process (PoP). The PoP rewards miners for validating blocks and providing the processing power of their devices to the network. Validation, mining, and processing will all be routed through the Bitcoin Spark application, which is easy to use and can be installed on Windows, Android, iOS, Mac OS, and Linux devices. Users mine by permitting secured and isolated access to their device’s processing unit, ensuring that the work required for mining is low. The power provided by miners is rented out as remote computing power, with the users paying with BTCS. The revenue generated supplements and reduces the BTCS minting rewards, meaning the more revenue generated, the longer the extension of the BTCS minting endpoint. Therefore, Bitcoin Spark will retain the same core tokenomics as Bitcoin but with a longer time until maximum supply is reached.

The Bitcoin Spark network will include advertising as a secondary revenue source. There will be small spaces for advertisements on the Bitcoin Spark application and website to capitalize on the burgeoning marketing industry. Miners and network participants will get 50% of the revenue generated and will also get extra incentives for policing the ads.

Bitcoin Spark’s Initial Coin Offering (ICO) is getting increased attention and investments, with several analysts suggesting it is a second chance for those who missed out on early cheap Bitcoin. BTCS is selling at $1.75 in the second phase of the ICO, where investors are getting a 15% bonus and an assurance of a 657% increase in investments by launch day.

For more information on Bitcoin Spark:

Website: https://bitcoinspark.org/

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