Cryptocurrency is decentralized digital money that’s based on blockchain technology. You may be familiar with the most popular versions, Bitcoin and Ethereum, but there are more than 5,000 different cryptocurrencies in circulation.
Experts are divided on whether or not to invest in cryptocurrencies. However, cryptocurrency remains a highly speculative investment with the potential for large price swings. For example, Bitcoin nearly quadrupled in value over the course of 2020, closing out the year above $28,900. By April 2021, the price of BTC had more than doubled from where it started the year.
Or take a look at BSC, Binance Smart Chain (BSC) is a fairly recent smart contract blockchain, introduced in late August 2020. BSC was created as a parallel blockchain to Binance Chain, which launched in April 2020 to facilitate decentralized trading. BSC boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM), combined with the blockchain’s high throughput and 3-second block times. This means that Ethereum-native applications can conveniently switch over to BSC and take advantage of the faster speeds and lower fees.
As a result, the Bitcoinvisions team will concentrate on these platforms that have increased in the crypto market cap ranking while also making substantial technological and community advancement. Also, we will develop Bitcoinvisons based on Binance Smart Chain network and be ready to launch our own blockchain.
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