Bitcoin (BTC) is the first cryptocurrency and the first experience of blockchain technology that we had. Although the landscape has expanded with several other utilities beyond Bitcoin’s reach, BTC remains revered despite the many cryptocurrency market conditions it must adapt to.
Bitcoin needs to adapt to the fact that emerging blockchain solutions are not just simple payment systems like Bitcoin. These new cryptocurrencies can run on smart contracts, power DeFi, and many other blockchain use cases.
However, Bitcoin is known as the most secure blockchain network, and for a network to be truly secure, it must be highly decentralized. On the other hand, it is not Bitcoin that must adapt to the market; it was the cryptocurrency market that adapted to Bitcoin.
The cryptocurrency price chart always responds to the movements of Bitcoin (BTC), and recently there have been some upsides for Bitcoin, which has restored confidence in crypto traders. We’ve seen more volume recently, and researching other promising cryptocurrencies to buy may be fair.
It’s hard to say whether the state of security has kept Bitcoin on top, but Zcash (ZEC) and Privatization (PXP) are two highly secure blockchain networks that add extra layers of privacy to their network. Privatixy, being a new cryptocurrency, might have the highest profit potential. Let’s look at both:
Zcash (ZEC) was created in 2016 by a group of scientists who wanted to create a cryptocurrency similar to Bitcoin but with some additional features. They created a Bitcoin blockchain fork with improved security and anonymity for users. Scientists first created Zerocoin, which quickly evolved into Zerocash after its initial release. The cryptocurrency was eventually renamed Zcash.
To ensure that the parties involved in a transaction are verified without revealing any information to each other or to the network, Zcash uses the zk-SNARK security protocol. zk-SNARK is a Bitcoin creator protocol, Satoshi Nakamoto, once described like what would be a practical bitcoin implementation.
The Bitcoin community prides itself on transparent transactions that remain anonymous. However, anyone interested or having an interest in a transaction can trace the parties involved.
Zcash (ZEC) does not delete transaction data. Instead, it encrypts it, making it untraceable. The Zcash blockchain remains encrypted, but the zk-SNARK security protocol adds additional security and anonymity to users.
Privatixy Protocol (PXP) is a new blockchain network that aims to be the backbone of blockchain technology, reducing invasions of user privacy. The protocol takes user privacy concerns seriously and provides an open-source protocol that provides a wide range of solutions for protecting blockchain user privacy.
The Privatixy protocol also uses zk-proof systems, provides built-in scaling solutions to improve the experience, and implements web3 technologies that enable all emerging use cases and enable multi-chain interoperability. The Privatixy protocol is built on an open-source framework similar to blockchain technology. The benefits of this cannot be overstated, as it encourages a wide range of protocol implementations for the program. An open-source system allows an exponential increase in possible applications and dissemination of the protocol.
The value this new blockchain brings to the ecosystem is exciting, and as such could be a smart money move to buy it in presale, where it’s incredibly cheap. The presale offers many bonuses that can be taken advantage of.
When you buy within the first ten minutes of registration on the site, you get 60% more PXP tokens on your purchase. Your second and third purchases can earn you 50% and 100% respectively. If you shop with top cryptocurrencies like BTC, ETH, USDT, BNB, etc., that’s an extra 10% bonus. These bonuses can stack up and you can join the referral program which gives you back $40 for every $100 your referee spends. Take the opportunity to build your PXP bags.