Ethereum (ETH), Solana (SOL), and Zompot (ZPOT)
Blockchain technology has become popular within the crypto world as it helps support crypto projects, providing them and users with advantages that were not seen before. Two of the biggest crypto projects include Ethereum (ETH) and Solana (SOL), of which both use advanced blockchain technology which has been credited for their success. As two big competitors, with Solana even dubbed as the Ethereum-killer, is new project Zompot (ZPOT) on its way to join this battle?
A blockchain is a transactional database that is shared and updated by numerous computers connected to a network. The term “block” is used to describe a new batch of transactions, forming the term “blockchain.” Most blockchains are open to the public and only allow data addition, not deletion. The majority of machines on the network would need to be compromised if someone intended to change any of the data or game the system. This increases the security of well-known blockchains like Ethereum.
Ethereum is the largest blockchain within the crypto market, and its native token, ETH, is the second-largest cryptocurrency by market capitalisation. Known for its use of smart-contracts, which are computer programs that live on the Ethereum blockchain, allowing Ethereum to become more flexible compared to other crypto projects, this is one of the main factors contributing to Ethereum’s success.
Dubbed as the Ethereum-killer, Solana is another big blockchain project within the market and is Ethereum’s biggest competitor. Known for its exceptionally fast transaction speeds, Solana has the potential to take over Ethereum’s title.
By maintaining a single global state as the network scales, Solana ensures composability between ecosystem projects. Whilst its security is similar to Ethereum, Solana focuses heavily on scalability. But, its main advantage is its transaction speeds. Solana is known to be the fastest blockchain and crypto project within the market, having transaction speeds even faster than Bitcoin. This has worked well in Solana’s favour, especially as Ethereum is known to have slow transaction speeds at times of high volumes of traffic, which is an issue Ethereum 2.0 aims to tackle.
Furthermore, its native token, SOL, is ranked 9th by market capitalisation at the time of writing and has a chance to progress.
Zompot is a new project to enter the crypto market and is currently in presale. Ensuring that users’ money will always be secure against inflation with Zompot, providing the freedom to use it however needed.
Although blockchain technology is secure, many users have some reservations about it. So, the Zompot project is an initiative created to allay these concerns and serve as a remedy. The objective of Zompot is to give users a transparent means of carrying out their transactions and to address any potential security and privacy issues that can arise on the blockchain network.
Zompot is built on the Binance Smart Chain blockchain and intends to give its consumers safe and flexible investing options. Its blockchain is dependable, stable, and has minimal transaction costs.
With its successful system, Zompot hopes to usher in a new age in both the fiat and blockchain economies, influencing new entrants to the market to adopt a steady and effective approach. With a flexible approach to pricing and a practical product for usage in users’ daily lives, Zompot hopes to address the problems and encourage them to become investors as well as users of the ZPOT token.
Additionally, Zompot has created a fun, interactive way to entice users by having a zombie theme, whilst providing users with advantages through their blockchain technology.
ZPOT can be purchased now for low fees as it is in presale. Furthermore, if you sign up through Ethereum, you will receive a 10% bonus reward!
Learn more about Zompot (ZPOT) here: