Mine cPen Network: A Cutting-edge Web3 Social Media Platform

Posted by
 open Network Cutting-edge web3 social media platform Reduce the carbon footprint Explore the crypto future with the cPen mobile app at your fingertips. cPen Network mobile mining app launched on 4th October 2023, with a mission to empower people across the globe by connecting them with a new digital currency, revolutionizing the way they access information. cPen claims to be similar to Pi Network at the beginning of the project but will build great web3 social media with many surprises coming. Join cPen Network now! How to Mine cPen Network?  The cPen Network app is available for download on the Apple App Store, Google Play Store, or by directly downloading the Android app package. Download from: Apple Store -  https://apps.apple.com/us/app/cpen-network/id6467820763 Invitation Code: Enat Google Play -  https://play.google.com/store/apps/details?id=io.cpen.mobile Invitation Code: Enat Accumulate enough cPen Network and with for the surprise Android -  https://...
0

Altcoins and its Purpose

Posted by



Enat DigitalBiz @ Altcoins Purpose
Altcoins

Altcoins also are known as alternative coins were founded and have still been created after the popularity of Bitcoins. But in addition, developers introduce something new to them, trying hard to upgrade the operation algorithm and improve features.

Most altcoins are created to develop general decentralized financial relationships quickly and implement the cryptocurrencies in common people's lives

The overwhelming majority of altcoins are based on Blockchain technology, as well as Bitcoin. However, they can be divided into several types based on the diversity of functions, hashing algorithms, transaction processing speed, and provision of protection methods. In simple terms, altcoins are new Bitcoin versions modernized in various aspects: a transaction is carried out faster, fees are lower in some coins, etc.

Despite the variety of the cryptocurrency market, Bitcoin still leads and most likely will continue to keep its position. At least in the near future. First of all due to its high popularity, yet the majority of people in a habitual manner associate the word "Cryptocurrency" exactly with Bitcoin.

It stands as an investment medium

Despite Bitcoin's popularity, many investors willingly put their money in altcoins too. To their opinion altcoins are based on the same platform as Bitcoin, but still, have some unique characteristics. In other words, they have certain potential that may bring benefits in the future.

The question that will be bordering your mind now is that, Is it Logical? Yes, Is it Risky? definitely yes too, but there can be risks in any venture - no matter which way you look at it. However, the perspective of such an investment is simply huge, so the risks are entirely justified.

A lot of altcoins have a perspective to markedly grow in price subsequent to Bitcoin. The very same Litecoin and Ethereum have cost several cents in the beginning, and now - a thousand times more and they still remain perspective.

Many investors operate at once with several altcoins and Bitcoin, sticking to the investing rule that says "not putting all eggs in one basket". Such an approach has a rational kernel, therefore it is often practiced by experienced investors. Things you must contemplate on while investing in cryptocurrencies



Spread the news

Comments

Post a Comment