Place/Date: - May 6th, 2023 at 12:55 pm UTC · 3 min read
Investors are looking to Ethereum layer-2 solutions as a more cost-effective alternative as Ethereum layer-1 transaction prices rise. As more investors learn about the advantages of Ethereum layer-2 solutions, their use is anticipated to increase rapidly. Hence, it is beneficial to invest in solid layer-2 projects like Sparklo. Let us explore the differences between Sparklo and Cosmos (ATOM).
The founding of Tendermint, a significant contributor to the network, in 2014 can be linked to the beginning of Cosmos (ATOM). A white paper for Cosmos (ATOM) was published in 2016, and a token sale occurred in 2017. Cosmos (ATOM) coins, earned through a hybrid proof-of-stake process, help to secure the Cosmos Hub, the project’s primary blockchain. The network’s governance includes this cryptocurrency.
The project’s additional objectives include reducing the complexity and difficulty of blockchain technology for developers through a modular framework that demystifies decentralized apps. Finally, a protocol for inter-blockchain communication makes it easier for blockchain networks to communicate, which reduces market fragmentation.
Atoms are used to pay fees as a means to avoid spam. Like “gas” works in Ethereum, the amount of computing required for the transaction may determine the fee. A protocol specification is provided here, and fee distribution is carried out in the protocol.
Briefly put, Cosmos (ATOM) is a project that provides solutions to some of the problems the blockchain sector has to deal with. It aims to replace “slow, expensive, unscalable, and environmentally harmful” proof-of-work techniques, such as Bitcoin’s, by offering an ecosystem of interconnected blockchains.
Cosmos (ATOM) is trading for $11.12 with a 24-hour trading volume of $123,543,659. This is a price increase of 1.20% over the last 24 hours and 2.10% over the previous seven days. With 290 million Cosmos (ATOM) in circulation, Cosmos (ATOM) has a market cap of $3,270,309,901.
Sparklo is an investment platform that allows users to trade and invest in gold, silver, and platinum bars. Although it is relatively new, it is an intense competition in the investment industry because it creates a platform that eliminates the need for middlemen to get involved in exchanging precious metals.
Each investment will result in the minting of a fractionalized NFT that users can then use to make investments. If a person buys the entire NFT, they can choose where to get the physical asset (silver, gold, or platinum).
Interfi Network has audited Sparklo and has its liquidity locked for 100 years. Its KYC application has also been reviewed and approved so investors can rest assured that their assets and funds are safe and secure.
In the level one presale stage of Sparklo, tokens are sold for only $0.017 with a 50% bonus on all purchases, valid till May 4, 16:00 UTC.
Find out more: Buy Presale, Website, Twitter, Telegram.
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