Transcript for:
Top Promising Cryptocurrencies

let's be honest who wouldn't want to have a crypto portfolio that gives thousands or even hundred access to build such a portfolio many people watch thousands of video on YouTube read articles and still do not understand anything now I will save you a huge amount of time because in this video I will tell you about the 10 most promising coins that have a huge potential for growth I won't talk about fundamental coins like Bitcoin and ethereum but we'll talk more about new projects to start off with a little disclaimer this video is not a financial recommendation it is very useful to listen to outside opinions but you should always check out coins for yourself and do your own research it is important to understand that investing in crypto currency involves high risks and you should be prepared for possible losses the first talking for today is ton ton stands for the open network as a pioneering Community driving blockchain platform with a tremendous promise this project developed by telegram aims to provide fast affordable and energy efficient blockchain transactions all aspects of tunk's functionality have been designed with the convenience of ordinary users in mind utilizing the proof of State consensus mechan mechanisms the project stands for the flexibility scalability usability High transaction speed and low fees and minimal environmental impact ton coin is the main token of the ton blockchain and provides many functionalities within the network its main use is in decentralized applications a prominent feature of tan is its sharding mechanism which allows a large number of transaction to be proceeded at once through subchain or sh chains reducing the chance of unconfirmed transactions Don has a total of 2 and a half billion coins issued and its market capitalization is approaching $8.26 billion currently the value of ton is about $7 why is this project considered promising let's take a look at its possibilities the first is sh shard in sharding is the method of increasing the capacity of blockchain by creating subchains or shards that function in parallel with the main blockchain this technology allows a large number of transaction to be proceeded even if the main blockchain is overloaded the second is wallets St offers different types of wallets custodial and non-custodial each type has its own advantage and disadvantages to meet the diverse needs of users the choice of wallets should be based on the individual needs of the user with a special attention to the security of encryption Keys third is the sale and credit enough tokens tcoin is used to validate transactions and reward validators token holders can be rewarded by selling or lending their tokens to validators through staking the use of smart contract provides additional security to the system force is governance Don coin holders have the ability to vote on the proposed changes to the blockchain or ecosystem influencing the future development of the network Don's governance program provides an equal opportunities for all users to voice their opinion and participate in the decision making T is a powerful and promising black chain platform capable of attracting millions of users due to its innovative technology and ease of use Shing technology various types of wallets and a clever management system make ton one of the most promising blockchain projects the second coin is pulka do dot is the token of the pka do Platform created to solve the scaling problems faced by ethereum the project was developed by Gavin wood the co-founder of ethereum who left the project in 2016 pulka do was designed to improve interoperability between different blockchains and it has even been called ethereum killer this is powered by a split architecture that includes multiple chains important element of this platform include replay chains power chains and bridges release chain verify transaction addresses and standardized data which allows power chains to assess the network functionality and security this model can process more than 1,000 transaction per second fire chains are blockchains that connected to bulka do and can use its security and resources to process transactions this structure devides the network into segments which ensures smooth operation and increases the speed of transaction ction Bridges helps blockchains interact with the pka do Network PKA do is noted for its fast transaction processing due to their distribution of operations between parallel par chains the network is fully decentralized that means it is user driving creating and connecting Dey services on pado do is simple and the network is highly compatible allowing interoperability with all power chains and free transfer of assets and data bulka do does not require a complex upgrade which ensures its security and stability the platform uses an inflationary model increasing the total number of tokens by 10% every year the third coin is Solana it is an open- source project that uses a hybrid consensus mechanism that combines proof of history and proof of stake for incredibly fast transaction processing traditional centralized payments methods such as credit card can easily process tens of thousands of transactions per one second at the same time blockchain such as Bitcoin and ethereum face challenges when trying to achieve the same performance scalability is one of the blockchain's biggest challenges and most blockchains can break the 15 transactions per second treesold this limitation prevent blockchains from becoming a complete global payment system as originally conceived in November 2017 Anatoli yakowenko a former lead developer of Qualcomm presented the Solana white paper this document proposed a solution to the scalability problem proof of History Solana has an ambition goal and the necessary tools to achieve it it's in inovative consensus algorithm allows the blockchain to process transaction at incredible speed this High scalability especially compared to competitors demonstrate that salana has the potential to become the global platform the salana ecosystem is growing rapidly and includes thousands of different project such as apps music games and more salana also supports smart contracts which are key part of of the decentralized economy in addition you can create and buy nfts and other digital assets on the platform the Force coin is polygon polygon earlier known as Matic network is the platform for scaling ethereum it allows developers to create decentralized application with low transaction fees making it attractive to many users polygon's main goal is to solve ethereum's problems such as high gas cost and poor Network performance polygon is the part of ethereum ecosystem and utilizes its Network advantages this makes it different from other projects that are built from scratch and complete with ethereum thanks to this polygon has already found its place in the world of cryptocurrency and it's actively contributing to its development the polygon teams is consistently working on new IDE ideas which give hopes for a future progress polygon supports any scalable or infrastructure solution from the ethereum ecosystem polygon network is the modular layer to security as a service platform it enables the creation of ethereum compatible blockchain network that can interoperate with each other this helps solve ethereum major problems such as Network congestion low capacity and high Gest charges these problems create limitation for blockchain developers and hinder the development of the ecosystem as well as the widespread adoption of the technology by users currently there are ethereum and ethereum viral machine compatible solution but there is no single protocol to ensure the blockchains are fully interoperable and securely communicate between them polygon Network aims to create a single scalable infrastructure for internet of blockchains by solving this problem each blockchain in the polygon ecosystem operates independently and provide its own internal security they can also interact with other blockchains making the entire ecosystem more flexible and scalable this means that even if one blockchain is overwhelmed others can continue to operate without delay polygon not only solves ethereum current problems but also offers solution that make the entire ecosystem more accessible and officiate for developers and users the platform offers low fees High transaction speed and improved performance making it attractive for a wide range of users and developers polygon is thus a powerful solution for scaling and improving the ethereum mea system by providing tool to create more efficient and affordable blockchain applications this makes it an important player in the world of cryptocurrencies and blockchain Technologies capable of significantly improving the users and developer experience in this field the last cryptocurrency for today is arbitrium arbitrium is the layer two solution for scaling the ethereum blockchain it uses optimistic craw up technology to proceed transactions of the main chain which allows for a significant increase in throughput and lower fees compareed to the ethereum network one of the main features of arbitrium is its full support of ethereum smart contracts developers can easily deploy their decentralized application on arbitrium without having to make code changes or undergo complex training this provides a smooth transition of the existing ethereum ecosystem to arbitrium opening up a new opportunities for scaling without compromising the functionality and security of ethereum smart contract our beum differs from other Tire 2 Solutions in that it has been carefully tested and fine-tuned over several years the system has proven its reliability and stability by successfully processing billions of dollars worth of transaction this inspires confidence in users and developers making arbitrium a reliable and proven solution for scaling ethereum arbitrium native token provides its holders with the number of benefits ARB holders can participate in the management of the arbitrium network influencing its further development and demonstrating in their interest in its success in addition airb tokens Can Be sted allowing holders to earn rewards and contribute to the security of the network arbs are also used to pay for transactions on the arbitrium network which helps keeps fees low and promotes widespread adoption of the network in addition airb tokens can be used to provide liquidity to arbitrium based Dey protocol increasing their appeal to users these tokens can be traded on cryptocurrency Exchange allowing investor to speculate on their prices and potentially make a profit airb is therefore a vulnerable assets for users of arbitrium blockchain offering management participation stacking rewards transaction fees liquidity provision and speculative opportunities as arbitrium grows in popularity the value of airb is likely to increase making it even more attractive for crypto enthusiasts and investors our bitum offers an Innovative and proven solution for a scaling ethereum providing high capacity low fees and full compatibility with ethereum smart contracts we have even more videos on our Channel about cryptocurrency and making money so go ahead and watch it that was the entire list for today we took a look at the top five promising coins and talked about why they should rise in value thanks for watching give us a like and write your opinion in comments the team talking has been with you and we'll see you in the next video