SUPONTIS, QUANT NETWORK, AND QTUM COULD RULE THE CRYPTO MARKET IN THE NEXT 5 YEARS
Cryptocurrency is a modern digital payment system that is also one of the trading assets. Some people have made billions by investing in cryptocurrency to spark your interest.
Who would pass up the opportunity to be a billionaire while learning a transparent and trustworthy transaction method? Supontis or else?
However, the latest cryptocurrency crash has frightened potential buyers. Crypto was previously the most convenient means to make rapid and significant earnings making it popular among young people.
The market crash has provided an opportunity for detractors to attack the unregulated sector. Similar dismal forecasts about the future of the cryptocurrency market are emerging from China amid the uncertainty that has engulfed it during a period of bearishness in which its main asset, Bitcoin (BTC), and other stable currencies have experienced setbacks during the past few months.
Introducing Supontis Token (SUP)
Supontis (SUP), developed by an anonymous team of developers, serves as a bridge for moving assets between blockchains. When an asset transfer is started, the process locks the assets in the original chain and produces an equal number of wrapped assets in the blockchain, end location. Assets are not transferred or transported anywhere during the bridge transfer. Instead, the system uses a smart contract to execute the transfer request in two steps.
Blockchain bridges, also called cross-chain bridges, enable the free exchange of native currencies and information between blockchains. They provide decentralized apps (DApps) access to the strengths of many blockchains, which boosts their capabilities and gives consumers access to new platforms and services, allowing them to harness numerous chains and their advantages.
The native utility token of the ecosystem, $SUP, is a BEP20 token built on BNB Smart Chain, which can be used to pay transaction fees. Holding this token gives users access to governance rights in the ecosystem. Token holders can vote on proposals in the Supontis DAO. If a token holder has a large number of tokens, they can submit their proposals. Users can also stake the $SUP token to support the network’s integrity and earn rewards.
Contrasting With Quant Network (QNT) And Qtum (QTUM)
Quant Network (QNT) is a 2018 blockchain connection network and operating platform. Its primary function is to link other blockchains and apps to the network’s ledger. Using a proprietary technology known as the Overledger DLT Gateway, Quant Network (QNT) can combine ledgers such as Bitcoin (BTC) and Ethereum (ETH) into one. This technology will benefit if the usage of central bank digital currencies (CBDCs) becomes more widespread.
Quant Network (QNT) is trading at $54 as of July 3, 2022, with a 0.07% decrease in the past 24 hours and a 13% reduction in the last 7 days. With a market valuation of $660 million, the coin is ranked 60th.
The Qtum (QTUM) team aims to create a safe exchange for business-focused decentralized apps by combining the finest characteristics of Bitcoin and Ethereum. Qtum promises to be a game-changer in the online transaction business and a key component of the banking and social networking industries.
It incorporated Bitcoin’s UTXO paradigm, an accounting system that provides superior transactional security. It employs the Account Abstraction Layer (AAL), a technology that allows smart contracts to be combined with the UTXO architecture. It also operates the PoS consensus process to facilitate the creation of new currencies.
Qtum (QTUM) has lost 7.47% in the previous seven days and more than 0.46% in the last 24 hours. July 3, 2022, it is ranked 95th in CoinMarketCap with a coin capitalization market of 290 million.
Unique Features of Supontis (SUP)
Staking Supontis (SUP)
A proof-of-stake (PoS) consensus method enables staking, allowing users to contribute to the network’s integrity while also earning money. Validators help the network and your chances of getting chosen to rise with the number of tokens in your wallet. This method will hold validators in check and guarantee they do not act in a way that would harm the network since it will also harm them.
Users’ behaviors, interactions with the platform, its infrastructure, and, perhaps most crucially, its core architecture all contribute to the network’s integrity. We want to use BNB Smart Chain’s dependable infrastructure; it prioritizes asset protection for its clients, which we also want for our consumers.
Record High Transactions Time
BNB Smart Chain’s high-speed and efficient blockchain network can handle a large number of transactions at the same time without slowing down. The BNB Smart Chain is programmable in a way other smart contract blockchains are not. Because of its Proof-of-stake Authority (PoSA) consensus process, new blocks are created every second, making it a suitable foundation for almost any project.
The $SUP token powers the ecosystem and platform users’ and investors’ operations while offering unparalleled DeFi capabilities.
Tokens distributed to presale participants may be inaccessible for two months after the presale ends. Following a five-month presale period, the coin will be available for purchase on November 18, 2022. Because the initial investment is $0.0056, this is a wonderful opportunity for folks with minimal finances.
Supontis Token (SUP)