Solana, Avalanche, Litecoin, Cardano, Matic, Bitgert & Centcex

Solana, Avalanche, Litecoin, Cardano, Matic, Bitgert & Centcex – 5 Facts About These Cryptocurrencies



by Analytics Insight

January 28, 2022

Solana

Crypto investors must be aware of facts about popular cryptocurrencies such as Solana, Avalanche, and many more

How much do you know about the best cryptocurrencies of 2022? Well, there is some crucial information about the crypto projects that investors need to know so that they can make the right decision. Some of these facts about these cryptocurrencies can also help tell the direction the project is taking, hence providing the basis for decision-making. Here are 5 facts about these  top cryptocurrencies of 2022 you need to know:

 

1. Bitgert

A look at the Bitgert website and the roadmap the team is working on simply tell how big and disruptive this project will be. The team is developing a blockchain-based online payment system that will enable users to spend, lend and earn. With a decentralized system, the Bitgert system will enable users to transact on a p2p platform. Here are 5 facts about Bitgert:

1. The team will be launching a centralized exchange in Q1 2021

2. Bitgert project will have the first gasless blockchain

3. It is the first cryptocurrency to develop an automated token buyback and burning process

4. Bitgert released 5+ products in 120 days of launch

5. The staking process rewards BUSD 

 

2. Centcex

The design of the Centcex crypto project is what makes it unique and popular from most cryptocurrencies. Because of its incredible features, the CENX was stable during the recent crashes. A look at the Centcex website shows a project that is delivering to blockchain users and investors. Here are some of the 5 interesting facts about Centcex:

1. Centcex team is devoted to developing crypto products

2. The project is building a no-KYC exchange 

3. Investors staking tokens gets 100% APY of the generated revenue

4. Centcex lab takes 3% on all transactions to fund products’ development

5. CENT is a bep20 token

 

3. Solana

Solana is a powerful blockchain that is known for one thing- the fastest blockchain. The project is not 2 years yet but has delivered so much in a short time. The Solana team came up with a disruptive technology that has made one of the fastest blockchains and grew it into one of the largest crypto projects in the market. Here are 5 facts about the Solana project:

1. Solana uses PoH (Proof-of-History) technology

2. Solana The protocol is currently processing over 65,000 tps

3. Cardano is among the top 10 largest cryptocurrency 

4. The project started in 2017 but launched in 2020

5. $SOL ATH is currently $258

 

4. Cardano

The Cardano project is one of the oldest and largest blockchains. The project has been working on three key areas scalability, security, and decentralization. The Cardano team has done a great job over the years to address these problems. Currently, the team is working on an ambitious scaling program that will see the network become one of the fastest in the industry. Here are 5 facts you need to know about this crypto project:

1. Cardano launched in 2017

2. Hoskinson, the founder, also co-founded Ethereum

3. Cardano is a PoS protocol

4. Cardano is a research-based project 

5. Ongoing Hydra protocol upgrade could hot to 1m tps

 

5. Avalanche

As the fastest smart contract in the industry, Avalanche is growing to be one of the biggest layer-2 scaling solutions. The team has been enhancing the network by incorporating more scaling solutions. With the increasing scaling solutions being adopted into the network, Avalanche could still be the fastest smart contract in the market. Here are 5 facts about Avalanche:

1. Based on TTF, Avalanche is the fastest smart contract today

2. AVAX is a hyper-deflationary token

3. It’s compatible with Ethereum Smart contracts

4. Avalanche Make Ethereum a multi-chain system

5. It is a layer-2 scaling solution

 

6. Matic

Matic is the token of one of the oldest layer-2 scaling solutions in the industry. The Polygon is one of the oldest and most effective Ethereum scaling solutions. The platform provides project developers with a platform that offers high transaction speed with a cheaper gas fee. There is a large number of developers migrating their projects to Polygon. This is why Matic is doing well in the industry. These are 5 facts about Matic: 

1. Polygon launched in 2017

2. Matic is the Polygon native coin

3. Matic is capped at 10m tokens

4. It is an ERC-20 token

5. Polygon is a layer-2 scaling solution for the Ethereum network

 

7. Litecoin

Litecoin is top among the first cryptocurrencies in the market. It is older than Ethereum, and this tells it is one of the cryptocurrencies that have been around for many years. Litecoin is an online platform that is growing to be of the most preferred payment system online. There are more stores accepting LTC, and more will be coming. The team has been developing the project to accommodate the upcoming developments. These are 5 facts about Litecoin

1. Litecoin started in 2011

2. It is the third most held crypto coin 

3. Litecoin uses PoW protocol

4. LTC is widely adopted

5. Miner earns 12.5 LTCs for successfully mining a block

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