Coin-Miners - Crypto Currency Tracker logo Coin-Miners - Crypto Currency Tracker logo

Cryptoknowmics 2022-04-21 10:31:25

Digital Currency Ecosystems BTCS Inc. Announced the Addition of Layer 2

BTCS Inc., a pioneer in the blockchain and digital currency ecosystems, has announced the inclusion of Polygon (MATIC), a Layer 2 Proof-of-Stake (PoS) sidechain, in its blockchain infrastructure operations. BTCS Inc. (BTCS) is the first “Pure Play” blockchain public business in the United States. Through its transaction verification services business, the company protects the blockchain and wants to develop a more extensive ecosystem to capitalize on opportunities in this fast-growing multi-billion dollar market. Polygon Plays a Vital Role in the Ethereum BTCS has taken on the technical work of hosting Polygon validator nodes and has promised 456,445 MATIC, allowing users to invest in the pledged tokens and earn the equivalent annual percentage income. Polygon plays a vital role in the Ethereum and Web3.0 ecosystems. Matic Network uses Plasma side chains and a Proof-of-Stake network to enable scalable, safe, and quick Ethereum transactions, addressing the issues of slow block confirmation and expensive gas prices. While Ethereum is the most popular blockchain network globally, the number of transactions and associated fees have increased dramatically over time. These transactions can be done on Ethereum, massively scaled, and at a considerably reduced cost with Polygon.The post Digital Currency Ecosystems BTCS Inc. Announced the Addition of Layer 2  first appeared on Cryptoknowmics-Crypto News and Media Platform.The post Digit...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.