BLOCKCHAIN PHI PROJECT WITH THE MOST POTENTIAL CONCENTRATION IN 2021

(Binary News network)  Not surprisingly, Ethersmart token (ETM) is in the top 10 of digital currency of the year 2021

Recently, expert Alex Gray of Cointelegraph magazine shared interesting information about the cryptocurrency market in 2021.

Also in this conversation, Alex revealed a list of 10 cryptocurrencies analyzed and evaluated by Cointelegraph experts to explode in 2021.

Want to know the best cryptocurrency to invest in for 2020? Deciding which blockchain technologies to invest in can be difficult. With so many different cryptocurrencies to choose from, where do you start? Read the following shared article by Alex Gray – Research expert of Cointelegraph magazine

Cryptocurrency is a potentially great digital asset for investment. Some cryptocurrencies have better options for investment in 2021. Do you want to know what digital currency is worth investing your money in the next 12 months? Read the following recommendations.

Factors to consider when choosing a cryptocurrency for investing in 2021.

Do not pay attention only to the current rate of cryptocurrencies because this index is the most volatile and may change drastically within a few weeks. On the contrary, consider the following factors and indicators:

Market capitalization – the value of all issued digital coins of the particular cryptocurrency. High market cap means a large volume of the crypto coins participating in active transactions, which means an enhanced interest of investors;

Liquidity level – the higher it is, the faster a cryptocurrency can be sold at the market price. The most popular cryptocurrencies – Ethereum, Bitcoin and Ripple – have a high liquidity rate. Trading activity on exchanges indicates the number of transactions with certain cryptos made over a certain period. This indicator shows an actual demand in particular cryptocurrencies among traders;

5 Not surprisingly, Ethersmart token (ETM) is in the top 10 of digital currency of the year 2021

Recently, expert Alex Gray of Cointelegraph magazine shared interesting information about the cryptocurrency market in 2021.

Also in this conversation, Alex revealed a list of 10 cryptocurrencies analyzed and evaluated by Cointelegraph experts to explode in 2021. 

Want to know the best cryptocurrency to invest in for 2020? Deciding which blockchain technologies to invest in can be difficult. With so many different cryptocurrencies to choose from, where do you start? Read the following shared article by Alex Gray – Research expert of Cointelegraph magazine

Cryptocurrency is a potentially great digital asset for investment. Some cryptocurrencies have better options for investment in 2021. Do you want to know what digital currency is worth investing your money in the next 12 months? Read the following recommendations.

Factors to consider when choosing a cryptocurrency for investing in 2021.

Do not pay attention only to the current rate of cryptocurrencies because this index is the most volatile and may change drastically within a few weeks. On the contrary, consider the following factors and indicators:

Market capitalization – the value of all issued digital coins of the particular cryptocurrency. High market cap means a large volume of the crypto coins participating in active transactions, which means an enhanced interest of investors;

Liquidity level – the higher it is, the faster a cryptocurrency can be sold at the market price. The most popular cryptocurrencies – Ethereum, Bitcoin and Ripple – have a high liquidity rate. Trading activity on exchanges indicates the number of transactions with certain cryptos made over a certain period. This indicator shows an actual demand in particular cryptocurrencies among traders;

Stable and thriving community of users – An extremely important factor in assessing the health of a cryptocurrency. Communities with strong growth often have an index above 300% and can maintain for longer than 6 months.

Dynamic ecosystem – is a place that includes a rich variety of breakthrough applications, closely linked in an open Blockchain system. Ecosystems with 4 or more applications, sharing tokens, with stable development over 150% are dynamic ecosystems.

Rules to learn before investing in cryptocurrencies in 2020 

According to AMarkets expert Artem Deev, the following recommendations will help to minimize risks and increase ROI for cryptocurrency investors this year:

Diversify your investments – never invest money in one asset. New traders and investors make this mistake repeatedly and, as a result, lose all money after the first failing deal. Diversify your investment portfolio. At least one of the chosen cryptocurrencies will bring profits and you will be able to minimize losses;

Do not blindly trust one source of data – always use a few sources (chats, forums, expert opinion, financial analysis, brokers);

Learn and observe – it is the only way to pick the best cryptocurrencies and the entry point to this extremely volatile market;

We developed this list by ranking Bitcoin and other digital currencies using a proprietary formula and research tool. In addition, as an added bonus, we will be revealing some of the new cryptocurrencies that are already claiming their positions. Developing an effective cryptocurrency trading strategy can help you improve your trading outcomes, even in times of uncertainty.

In summary, here are our top cryptocurrencies to buy 2020 (in no particular order):

Bitcoin (BTC)

Ethereum (ETH)

Monero (XRM)

Ethersmart (ETM)

Dash

Ripple (XRP)

If you have your preferred cryptocurrencies, and you believe in the blockchain technology behind the project, please share your recommendation with us.

Today we will explore a potential project in early 2020 and below I will explore it in detail.

Blockchain is still very new to mainstream society. Most people think this is just an online currency. They use blockchain to help fix financial problems. More specifically, they will invest in potential companies. There are many outstanding companies today. One of the most prominent and growing companies in 2020 is Ethersmart, an open protocol for a new world of DApps, finance, and Web 4.0. As a fast and secure public blockchain, the Ethersmart blockchain and the Tree-Graph structure to power a new generation of decentralized commerce. 

The project’s algorithm inherits Ethereum’s core design concept and improves it comprehensively. Basically, everyone wants to balance three factors in Blockchain: scalability, decentralization, and security. If you look at Bitcoin, scalability matters. As for Proof-of-Stake, decentralization and security are at issue. Meanwhile, Ethersmart’s Tree Graph (TG) consensus protocol can optimize for the following problems:

Maximize bandwidth up to 3,000+ TPS without sacrificing decentralization and security

Optimize block confirmation time to about 23 seconds right now and provide high security equivalent to 6 blocks in Bitcoin and 30 blocks in Ethereum

Reduce transaction fees to less than 1% when compared to fees on the Ethereum network.

Ethersmart and well-known wallet providers, trusted merchants and decentralized exchanges, in a joint effort, will be the publisher to make the user’s assets secure in a trusted system. In the minting process of all currencies, the user’s receiver’s wallet and the associated guardian’s wallet.