Why Bitcoin Spark Could Be the Next Dogecoin Phenomenon
Dogecoin is among the most popular meme coins in the entire blockchain infrastructure. The meme coin has managed to get a massive following on social media with celebrity endorsements from prominent celebrities like Elon Musk, Snoop Dog, and Mia Khalifa.
Dogecoin pioneered the rise of meme coins, which have formed a significant pillar in DeFi and increased crypto adoption. Although Dogecoin is still popular among investors, this new Bitcoin alternative has more utility and growth potential.
Dogecoin is a digital asset platform established in 2013 as a meme adopted from an internet joke involving a Japanese dog breed named Shiba Inu. The platform adopted the image of a Shiba Inu dog as its mascot and quickly began to trend among crypto lovers and blockchain enthusiasts.
The crypto asset was created by Jackson Palmer and Billy Markus, whose main initiative was to make the platform as ridiculous and unsound as possible.
While Dogecoin creators focused on making the platform as outrageous as possible, Bitcoin Spark developers bring massive utility to blockchain users. The Bitcoin Spark network will gain more users than Dogecoin due to the real-time applications offered by the network.
The Bitcoin Spark network employs a new cryptocurrency network validation mechanism called proof of process, an alloy of improved versions of proof of work and proof of stake consensus mechanism.
Bitcoin Spark encourages its community members to join the network validation process with a reduced entry barrier, unlike other networks like Bitcoin and Dogecoin. Bitcoin and Dogecoin use the proof-of-work consensus mechanism for their network activation and validation processes.
The proof of work consensus is highly computational and requires
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