Blockchain developer , Future of cryptocurrency , Crypto future , Digital currency , and Blockchain technology
Blockchain developer , Future of cryptocurrency , Crypto future , Digital currency , and Blockchain technology |
Introduction.
Crypto had a terrible start to 2022 but it's bouncing back big
this past week so I think it's finally time 1 to be getting back into your
favorite crypto and that's why I decided to compile the five best cryptos to
buy now in June 2022. these cryptos cover a wide range of the market from
blockchains to smart contract platforms and much much more so I’m about to give
you guys sand the first crypto Solana.
Solana is currently up about six percent on day 34 over the past
week and down five percent over the past month Solana is going to be a
decentralized blockchain built to enable scalable user-friendly apps for the
world salon is going to be powerful for developers and fast for everyone and if
you guys don't know they're an open-source project implementing a new
high-performance permissionless blockchain and it's going to be very similar
to Ethereum but with a few differences if you guys don't know Ethereum
currently uses a proof of work protocol while Solana uses a proof of history
protocol and a proof of stake.
Blockchain developer , Future of cryptocurrency , Crypto future , Digital currency , and Blockchain technology |
Solana
Protocol as of right now their end-user applications include d5 non-fungible tokens or NFTs marketplace games and much much more and with all these different things they're able to do about 2 700 transactions per second 80 billion total transactions so far average cost per transaction of less than a cent and 1 700 validator nodes and the biggest benefits of Solana is going to be that they are low cost forever and that they are fast forever this crypto.
Blockchain developer , Future of cryptocurrency , Crypto future , Digital currency , and Blockchain technology |
Ethereum
Really could be the ethereum killer now in terms of market cap
salon is currently ranked number nine in the world with a 14 billion dollar
market cap and a volume of 1.7 billion dollars which is down 5 over the past 24
hours and over the past month Solana has been as high as about 48 dollars it's
been as low as about 26 dollars so right now is a greater time as any to be
getting into Solana and the second crypt that we're going to be going over the
graph now the graph is up about 3 on the day it's up 18 over past month now if
you guys don't know the graph is going to be an indexing protocol for querying
networks like ethereum and ipfs anyone can build and publish open apes called
sub graphs making data easily accessible to everyone now before the graph teams
had to develop and operate proprietary indexing servers this required
significant engineering and hardware resources and broke the important security
properties required for decentralization now with the graph all data is stored
and processed on open networks with verifiable integrity the graph makes
querying this data fast reliable and secure and so much is currently being
built with the graph this includes d5 governance grants and philanthropy
marketplaces entertainment and social and this is all being built by different
entrepreneurs that are creating next level apps to scale human coordination on
the internet now with the help of ethereum they're able to host services with
near protocol polygon avalanche .
Blockchain developer , Future of cryptocurrency , Crypto future , Digital currency , and Blockchain technology |
Phantom
Phantom and much much more now in terms of market cap the graph
is currently ranked number 56 in the world with a 800 million dollar market cap
and a volume of 56 million which is up 21 over the past 24 hours now over the
past month the graph has been as high as about 18 cents it's been as low as
nine cents so right now is a perfect time to be getting in on the graph okay
and really quick guys before we get into the other three crypto for this if you
guys are interested in getting a free stock worth up to 300 then go ahead and get
signed up to public.com public.com is a social investing network that allows
you to see what your favorite investors are buying and selling in the stock and
crypto markets plus when you use our link and deposit just one dollar you get
the chance to earn a free stock worth up to 300 so go ahead and click that
first link in the description to get signed up to public.com and the third
crypto we're going to be going over in this Blog is going to be none other than
ethereum now ethereum is currently up about six percent on the day 12 on the
week and is down about 31 over the past month now theorem is going to be one of
the biggest block chains in the world this block chain was built to serve as a
single source of truth backed by a public transaction database and to function
as a platform for a variety of decentralized applications ranging from
financial services to games and ether is going to be the native token for the
ethereum system which is going to be what you are investing in eth now
according to ethereum they're trying to make a fair financial system for
everyone with just an internet connection you can send receive borrow earn
interest and even stream funds anywhere in the world so if you have an internet
connection you'll be able to use ethereum with ethereum you're going to be able
to make dapps as well as nfts or just use the system that they have in place
now one problem that ethereum does face at the moment is that they are still in
a proof-of-work protocol which is kind of outdated and they're trying to move
to a proof-of-stake protocol well that merge should be coming soon as it's
supposed to happen in q3 of 2022 on.
Blockchain developer , Future of cryptocurrency , Crypto future , Digital currency , and Blockchain technology |
Ethereum And Benefit.
Ethereum's website they say that soon the current ethereum main
net will merge with the beacon chain proof-of-stake system this will mark the
end of proof-of-work for ethereum and the full transition to proof-of-stake
this will make ethereum faster the gas fees will go down and pretty much every
problem that ethereum has at the moment will be fixed now in terms of market
cap ethereum is currently ranked number two in the world with a 148 million
dollar market cap and a volume of about 16.6 billion dollars which is up 13
over the past 24 hours now over the past month ethereum has been as high as
about 2 000 it's been as low as 900 so right now is as good a time as any to be
getting in on ethereum now the fourth crypto we're going to be going over in
this Blog is going to be none other than phantom now phantom is currently up
about 8 on the day 28 on the week and is down about 18 over the past month now
to phantom performance matters so they are a fast high throughput open source
smart contract platform for digital assets and daps and phantom's mission is to
solve the scalability issues of existing public distributed ledger technologies
they basically want to provide compatibility between all transaction bodies
around the world and create an ecosystem that allows both real-time
transactions and data sharing at a low cost now with phantom's consensus
protocol they are able to deliver unparalleled speed security and reliability
and you can enjoy almost instant transactions and extremely low fees so far
about 200 plus dabs have been created on the phantom network and that number is
only growing every single day and if you like staking you're gonna be able to
do that on phantom and you're gonna be able to enjoy up to 13 apy over the
course of a year now in terms of market cap phantom is currently ranked number
58 .
Blockchain developer , Future of cryptocurrency , Crypto future , Digital currency , and Blockchain technology |
Market Cap
In the world with a 770 million dollar market cap and a volume
of about 230 million which is up 36 over the past 24 hours over the past month
phantom has been as high as 40 cents it's been as low as 20 cents so right now
is the greatest time as any to get into phantom and really.
Blockchain developer , Future of cryptocurrency , Crypto future , Digital currency , and Blockchain technology |
Blockchain Technology & NFTS
Block chains to securely interact with external data feeds
events and payment methods providing the critical off chain information needed
by complex smart contracts to become the dominant form of the digital agreement
basically with chain link you're going to be able to securely connect smart
contracts with off chain data and services chain links decentralized oracle
networks provide tamper-proof inputs outputs and computations to support
advanced smart contracts on any block chain with chain link’s highly secure and
flexible infrastructure you are going to get reliable tamper-proof networks
seamless connection to any api proven ready-made solutions and secure off-chain
computation and you can actually start building with chain link in a couple of
different ways one you can verify stable coin collateral with chain link and
then you can also build deploy and sell your own dynamic NFTS now in terms of
market cap chain link is currently ranked number 22 in the world with a 3.3
billion dollar market cap and a volume of about 465 million which is down one
percent over the past 24 hours and over the past month chain link has been as
high as about nine dollars it's been as low as six dollars so right now is a
great time to be getting in on chain like i said earlier these coins cover a
wide range of the market from block chains to smart contract platforms and much
much more so make sure you guys comment down below your favorite crypto at the
moment .
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