As technology advances, revenue generation methods shift, and cryptocurrency investments increase, investors have begun to recognize the benefits of investing, especially in well-known currencies with solid foundations.
Following are some cryptocurrencies that have attracted the most attention in recent years, as well as their advantages and disadvantages:
1- Bitcoin (BTC):
It is impossible for anyone to hide the intrinsic value and benefits of investing in bitcoin, The Mother of Currencies, or the King of Cryptocurrencies. It became widely accepted as a type of asset and a store of value about a decade after its emergence. With Bitcoin, investors gained access to the world’s first decentralized, unrestricted non-financial system.
The currency also has disadvantages related to high transaction costs and lack of practical application, in addition to the deconstructive advantages.
2- Ethereum (ETH):
A new scientific era was introduced with the introduction of “smart contracts” in the world of cryptography with Ethereum, also known as “the queen of currencies.” It led to increased investment in decentralized financial contracts. The Ethereum protocol infrastructure allows the use of smart contract technology to set up other networks, but this Store of value, despite its valuable technology and popularity among users and investors, has not yet been able to be acquired as an asset class because like Bitcoin, Ethereum also faces the problem of scalability, which imposes a lot of transaction costs on its users during network congestion and the network slows down.
3- BNB:
The Binance Coin (BNB) is the domestic coin for the largest trading exchange in the world, Binance. Although it is not a store of value per se, it is one of the most reputable currencies on the market, with a remunerative system built on the Binance Smart Chain such as lending and staking.
4- Solana:
The Solana blockchain project is undoubtedly one of the most scalable projects with the ability to execute smart contracts. In contrast to Bitcoin and Ethereum, which use both PoW and PoS protocols, Solana supports multiple protocols.
Due to the project’s unfavorable distribution policies, which allocates about 60 percent of the network’s tokens to the Foundation, as well as its recent hacking attacks that led to two server shutdowns by the foundation, which questioned the network’s decentralization, it remains a relatively unpopular project.
Due to the network structure, maintaining transaction history requires a lot of energy and volume from miners, which imposes a lot of costs on users of network mining.
5- Kadena (KDN):
The Kadena network offers new and innovative Layer 1 scalability and proof-of-work (PoW) solutions that provide equal opportunities for private users and companies.
A hybrid blockchain based on Proof of Work (PoW), the Kadena blockchain ecosystem is the first scalable blockchain. As a result, the Kadna cryptocurrency project, the KDA digital currency, has become one of the fastest crypto projects of all time.
· About Bersipa cryptocurrency
What are the advantages of Bersipa coin over previous networks?
In the world of electronic wallets, Bersipa is the first wallet that supports all digital transfer networks, including the string network. Here are 17 reasons why the Bersipa cryptocurrency is superior to all other cryptocurrencies:
1- The first fourth-generation blockchain project:
With the advent of bitcoin, blockchain technology underwent its first generation. Blockchain’s second-generation gained considerable popularity with the introduction of smart contracts by the Ethereum network (ERC20). However, due to the weak scalability of the network and a sharp rise in transaction costs and approval times during congestion requests, manufacturers were compelled to design blockchain’s third generation.
With Tangle and Hashgraph, the next generation of technology, scalability, and network costs are addressed without relying on the traditional blockchain and physical miners for confirmation. Instead, users or nodes had to approve two previous transactions by using a comprehensive ledger to validate each transaction.
Users quickly accepted the technology, but the island nature of tangle technology, vulnerability to cyber-attacks, and lack of support for many decentralized applications led to the emergence of the fourth generation of blockchains.
String networks will be the fourth generation of blockchain, making them the most advanced technology available in the world of cryptocurrencies today.
With its claim of infinite scalability, zero network cost, and the ability to support various programming languages, the String Network is unique in the world of cryptocurrencies, and Bersipa coin will be the proprietary currency that will be available through DEX in Bersipa wallet as it launches at the beginning of 2023. It means that Bersipa coin will be the first and only cryptocurrency that can be used for any activities on the string network.
2- Almost infinite scalability:
Due to the nature of the technology used by the string network, it becomes more scalable with every input transaction. In a horizontally and vertically parallel network, the network detects and creates new strings whenever the network requires a large number of transactions.
A smart controller switch will operate this mode when the volume of transactions exceeds half of the network’s volume and new strings will be created. The amazing scalability of this network will lead to its development, and since Bersipa is a local coin that supports this network, developers and other users should use Bersipa coins accordingly to the activities they want to carry out.
3- Zero transaction fee:
This network has a remarkable feature in that both the source and destination networks are string networks, and if one network is the string network and another is the other network, then the transaction cost is one-tenth.
By providing zero network fees, organizations and companies that want to move large volumes of transactions with high values can do so without paying network fees, however, a response is a basic requirement in order to perform this transfer. In order to make a transaction on the string platform, the wallet must hold at least one Bersipa cryptocurrency.
4- The Fastest Network in The World
String networks with infinite scalability are the fastest and most advanced networks in the world. This network will have a speed that is estimated to be ten times that of the fastest network at the time of writing (April 2022), compared to namely Solana, which is a first of its kind. Bersipa, the network’s domestic currency, is expected to grow in value as a result of this high speed.
5- Using Various Protocols
Providing different protocols allows users to take advantage of the various benefits of each. In its structure, in addition to using Bersipa’s proprietary protocol, the string network also uses POS, POH, and Casper protocols to provide the facilities each to its users and investors. Developers of all kinds of smart programs and contracts can use the network’s proprietary protocols using Bersipa Coin.
6- AI Divergence
The main problem with the previous networks was the lack of peers and support for each other’s programming languages, which resulted in issues such as limiting users to features of one platform, lack of access to features on other platforms, and complicated processes, which were time-consuming and costly.
The first network address and all its addresses must be removed and recreated in the destination network in order for the programming language to be changed and a connection to be made.
In the string network, Divergence artificial intelligence technology was used to solve the problem. All types of networks, DAPPs, and oracles will be recognized by this system — if they meet the minimum requirements to be recognized — automatically and in languages supported by the system. In addition, C++, Java, Solidity, and Phyton will be modified and a new version of those platforms will be presented on the string network.
To operate this technology, specific fuel must be applied. In the future, a large number of businesses who wish to transfer their system to the string network will be required to purchase Bersipa bitcoins in order to do so.
7- Bersipa wallet local currency
A Bersipa coin, known as the local currency of Bersipa’s wallet, is required for all processes in this wallet, and public nodes must have at least one Bersipa and private nodes must have at least ten Bersipas always in their wallets. Bersipa coin will also cover any transaction costs associated with Dex and Dex aggregator. It is expected that the currency trading pairs of the wallet will often be the same cryptocurrency in the future, causing it to grow at an extraordinary rate.
8- Fair Distribution of Coins:
An obvious and valuable example of a cryptocurrency project is Clear and Fair Tokonomics. Providing a high percentage of a currency to the founder and development team, focusing on a few specific addresses, and providing fair public access to that currency are criteria for reliability.
In addition to providing one of the fairest tokenomic systems in the history of cryptocurrency, the Bersipa Coin and Bersipa Wallet network are imposing a sales limit of 15% up to three years after receiving the allocated share, making this one of the safest investment projects with fair technology.
9- High Security:
Due to the placement of Bersipa coin on the extremely secure string network, this cryptocurrency is among the safest for long-term trading and investment, and investors can use this cryptocurrency without any concerns, specifically if they hold this token in the Bersipa wallet. Holding can be more profitable if it is along with the staking process.
10- Using the Governor Token System or DAO:
Recent years have seen the development of the DAO to reinforce the idea of a decentralized currency world and to make fair decisions on behalf of project stakeholders. By following this system, organizations are able to control the development of their systems and shape the future of a protocol.
Governance token holders can influence project decisions such as proposing or deciding on new features or even changing its governance system. By installing Bersipa Wallet and participating in the future voting of this project, any individual in the world can be recognized as a public node and express their opinion.
11- Bersipa, A Wallet Without Bitcoin Dust:
It consists of the smallest unit of a cryptocurrency, below the minimum amount permitted for sale or that cannot be withdrawn from the exchange due to withdrawal restrictions. The accumulation of different amounts in each of the currencies traded can sometimes generate significant amounts, which are the definitive assets of each user, even though these amounts are often underestimated.
Bersipa Wallet has made it possible to convert Bitcoin dusts into Bersipa Coins in order to prevent inaccessibility to these assets. Bersipa wallet will not contain any balance in any currency and users will be able to exchange their account balances up to 18 decimal places to Bersipa coin.
12- Automatic Supersede of Transaction History:
To validate and approve new transactions, a history of all transactions performed in the network must be maintained, which will increase the volume of the network and delay the transaction process. In the Bersipa wallet, the string network validation system will be eliminated without the need to retrieve the history of all transactions, which are usually one month out of date and have received high-time approval from both public and private nodes. It will essentially remain a screen on the network.
By removing the old transactions from the archive cycle, the new transactions are processed more quickly while the network load is reduced.
13- Decentralized financial system:
Over the past few years, the Decentralized Financial System (DeFi) has proven to be useful and superior to traditional finance, and with the boom of cryptocurrencies, it has been widely embraced by investors. This system is widely used in the lending system (Borrowing / Lending), which eliminates the time-consuming process of credit approval and lending through traditional financial systems. In addition to all the perks announced in the white paper, Bersipa wallet also offers loans and even lending options.
14- String, an Open-Source Network
The main characteristic of the cryptocurrency world is its decentralization. The open-source nature of the programs ensures that passwords are decentralized and that there is no central governing authority in the network and that all users are equal.
Using String Network is an open-source technology that is fully decentralized, allowing users and other companies to benefit from its capabilities. The Bersipa coin will thrive and develop as the main currency of this technology.
15- String, a Store of Value Technology
A store Of Value is a type of asset that retains its merit rate without depreciation over time. Gold and silver are among the most well-known traditional assets with dazzling value.
With the advancement of technology and the introduction of cryptocurrencies to investors, Bitcoin was publicly accepted as the first store of value assets. According to the evaluations of string technology, and the unique capabilities of this network in a short time, this system will prove its position as a valuable and investable store of value asset. The symbol of the value and credibility of this tag will be the Bersipa coin.
16- Unique DAPP platform
Supporting WEB3 technology provides a user-friendly platform for users to access different DAAPs in Bersipa wallet. Free access to the trading brokers’ platforms like Binance and Cocoin, which have already existed in wallets like SafePal, is also one of the capabilities of this wallet.
The existence of Bersipa coin as the native coin of this wallet can play a significant role in the development of decentralized applications in the context of this wallet.
17- Bersipa.io WEB3 website
Bersipa.io website is the foundation’s main website and the reference to the Bersipa wallet string network where information on new technologies provided by Bersipa Institute can be found is available on the Bersipa wallet WEB3 Platform or by using Metamask wallet. It should be mentioned to connect and use these services, Bersipa coin is considered as its main fuel.
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