The Cryptography The industry is evolving and growing forever, new ciphers are destroying the market and old ciphers are increasing their usefulness. Parody Coin (PARO) is a new crypto project that has just been released and is currently in the pre-sale stage. Cardano (ADA) When Ethereum (ETH) Are two top veteran projects with upcoming upgrades that look forward to further progress in the crypto world.
Parody coin (PARO)
Parody coin (PARO) It’s in the pre-sale stage and will be there for a few more weeks. This is a new deflation utility BEP20 token built on the Binance Smart Chain (BSC), which offers a variety of ways for users to earn rewards for their participation in Paroverse. The three main utility features provided by the protocol are:
- A parody swap that allows users to exchange any cipher on the blockchain for the equivalent of a PARO token. This is a multi-chain swap that consolidates liquidity in one place.
- A parody bridge that allows users to transfer PARO tokens to other blockchains
- The parody market is NFT A marketplace where users can create popular NFT parodies at an affordable price. Parody Market is a decentralized app (DApp) on the BNB chain with a user-friendly interface that allows users to create parody of NFTs on the BNB chain, Ethereum, and other blockchains.
All of these features provide a comprehensive ecosystem for users and investors.Another thing to pay attention to about the parody market besides making NFT■ More accessible to the general public is that the original NFT owner is not separated. Through a robust bridge, the owner of the original NFT can claim ownership of the parody NFT by locking or burning the original NFT.
On that website Parody coin The total supply will be $ 240 billion Paro token.Tokens are currently on sale With a pre-sale and its offer of $ 0.004, this price can skyrocket, so it may be best for investors to buy now.
Ethereum (ETH) moves to Proof of Stake (PoS)
Ethereum (ETH) is the second largest Cryptography And the blockchain of today’s world. It is an open source decentralized blockchain with smart contract capabilities that work with a proof of work (PoW) consensus mechanism. It is very popular in the crypto world and many projects have been built on it. Due to its high adoption and popularity, networks are frequently used, resulting in congestion and high transaction costs.
As a solution, developers are working on migration Ethereumof (ETH) Blockchain to the Proof of Stake (PoS) consensus mechanism. This upgrade, called Ethereum 2.0 (Serenity), will take place in 2023, following the launch of Phase 1 in 2020. This upgrade is expected to significantly improve blockchain throughput, reduce costs, and perform an estimated 100,000 transactions per second (TPS). ..
For Ethereum (ETH)Many people are riding this upgrade, so I’m looking forward to it.
Cardano (ADA) VasilHardFork Upgrade
A hard fork is an upgrade to software on a blockchain network that enables previously invalid blocks and transactions.
Cardano (ADA) is a decentralized open source blockchain network that operates with a proof of stake consensus mechanism. Many blockchain networks do not upgrade, but this protocol is improving every year.
Cardano (ADA) Previously, we had a hard fork upgrade called “Alonzo”, but now we have plans to implement a “Vasil” hard fork upgrade, which will be released in June 2022. This upgrade will increase blockchain throughput and further enhance smart contracts. , Decentralized Exchange (DEX), and Decentralized Finance (DeFi) features.
For more information on PARO
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