Bitcoin was established to offer an alternative currency to the conventional fiat currencies offered by governments and banking institutions.
Many merchants now accept cryptocurrencies as payment for their goods and services. This massive leap forward toward mainstream crypto adoption gives hope to early adopters of Bitcoin Spark, Chia, and Gold.Like Bitcoin, Bitcoin Spark is a decentralized blockchain offering an alternative network and digital asset that can be used as a virtual currency and investment opportunity.
With increased additional features and advanced technological reforms, the Bitcoin Spark network will be minable through a software application for different devices powered by different operating systems, including iOS devices, Android, Linux, and Windows, common in common electronic gadgets like mobile phones and tablets.
Chia uses a system called proof of space and time where users provide a specific size of hard drive space without consuming a lot of electricity. While the ecosystem does not promote the surge in graphics card prices, its hard drive space leads to other drawbacks like insufficient device space.Bitcoin Gold is a Bitcoin hard fork that went live in 2017 to make Bitcoin more decentralized again.