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Home/Knowledge Base/Blockchain/What is the best blockchain?

What is the best blockchain?

1 views 0 July 14, 2024 octalas

With the use of encoded algorithm technology, the best blockchain is determined based on a variety of elements like cryptocurrency value, the acceptance of the community, the popularity, the stability as well as the mass usage. Therefore, the best blockchain depends on specific needs. Whereas the Government’s currency is published and evaluated by its authority, anybody can create their recognized cryptocurrency, which is used as a method of blockchain transaction on digital platforms. The best blockchain could be seen as some popular cryptos, which will be introduced below:

Bitcoin (BTC): 1 BTC ~ $59,724.00

Bitcoin is the most popular digital currency that was created in 2009 by Satoshi Nakamoto. Bitcoin’s price has increased dramatically. In 2016, users can purchase one Bitcoin for approximately $500.00, but this cost boosts up to $19,989.00 in 2022.

Ethereum (ETH)

Ethereum is a name of both digital currency and a blockchain site. Ethereum blockchain site possesses a diversity of applications, smart functions, and NFTs transactions that attracts thousands of program developers. This coin rockets from $11.00 to $1,568.00 in 6-year period (2016-2022).

U.S. Dollar Coin (USDC) 1USDC ~ $1.00

Similarly, USDC has an equal ratio with USDT which is $1.00. USDC is developed by Ethereum, which could be transferred internationally.

Binance Coin (BNB)

BNB is commonly used on Binance exchange for blockchain payment solutions and trading purposes. This coin was published in 2017 and quickly spread out its popularity. Now, users can book travel arrangements, and pay for services with this coin. The value of one BNB has grown from just $0,1 to $276.00 in the period 2017 – 2022.

Six credible crypto platforms are Ethereum, Binance, Coin98, Coinbase, Gate.io, and Kraken. In order to transfer cryptos promptly and globally, Octalas is a payment gateway using blockchain technology to enable cryptocurrency transactions on web browsers. This blockchain payment technology matches with various business models, customers can require the tailored-made interface that performs their brand’s key visuals, and logo. Octalas cryptocurrency payment gateway accepts major crypto coins on the market and proceeds with a high-security system that allows exchange from digital coins to fiat currencies. Last but not least, the customer service team is available to support both sellers and buyers instantly 24/7 even on a day off.

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