These are exciting times in the cryptocurrency community as investors prepare for another bull market. Fantom (FTM) is migrating to a new chain called Sonic (S) which promises more benefits and improved architecture. Meanwhile, Tezos (XTZ) plans to introduce mainstream programming languages into its blockchain.
Amid all this activity, we turn our attention to Zig Network (ZIG), a promising new project that’s attracting Fantom (FTM) and Tezos (XTZ) investors.
Fantom (FTM) is an open-source smart contract platform designed for building decentralized apps (DApps). It was developed to compete with Ethereum (ETH) and provides decentralized finance (DeFi) services using a unique consensus algorithm. Fantom (FTM) is built on two primary technologies: the Lachesis Protocol, its core consensus layer and Opera, its mainnet deployment platform.
Fantom (FTM) is migrating to Sonic (S), a new chain that builds upon its core features. This migration is expected to bring significant improvements including faster transaction speeds, lower transaction costs and quicker confirmation times. Fantom’s DeFi innovation has pushed it to a market capitalization of $1.93B. Similarly, Zig Network (ZIG), with its brilliant revenue-sharing model, has the potential to drive massive success and reward investors greatly.
Tezos (XTZ) was launched in 2014 to address several perceived limitations of Bitcoin (BTC). Founders Arthur and Kathleen Breitman criticized Bitcoin’s lack of governance processes, its Proof of Work (PoW) model and the lack of support for smart contracts. What emerged from these concerns was a high-performance Proof of Stake (PoS) blockchain featuring on-chain governance, a strong focus on code security and formal verification.
One of Tezos’s recent initiatives is to introduce support for mainstream programming languages like Python, JavaScript and Java into its blockchain. At the Token2049 event in Singapore, Arthur Bretiman mentioned that no other blockchain project has achieved this to the scale Tezos (XTZ) is planning.
Despite the many innovations in the Fantom (FTM) and Tezos (XTZ) communities, major investors are still interested in Zig Network (ZIG). What could be the allure of ZIg Network (ZIG) to these investors?
Zig Network (ZIG) is launching a next-generation layer 1 blockchain designed for revenue sharing. Its consensus model combines Proof of Stake (PoS) and Delegated Proof of Stake (DPoS), ensuring scalability, decentralization and stability. Zig Network (ZIG) generates revenue through partnerships, transactions and staking fees. After a specified period, a portion of the total revenue is distributed to token holders based on their holdings.
Fantom (FTM) and Tezos (XTZ) are impressed by Zig Network’s commitment to giving back to the community. Such communities, which usually grow organically and spontaneously, assure investors of long-term returns.
To find out more about Zig Network, use the links below:
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