• Coins
    • Bitcoin
    • Dogecoin
    • Ethereum
    • Litecoin
    • Ripple
    • Tron
    • NFT
  • Cryptonews
  • Blockchain
  • Metaverse
  • Regulation
  • Market Cap
What's Hot

DOOM Game Now Available On Bitcoin; Here’s How You Can Play

02/08/2023

Nokia uses the Metaverse to connect remote breweries, train aircraft techs

02/08/2023

Hong Kong securities regulator adds crypto personnel for industry supervision

02/07/2023

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Trending
  • DOOM Game Now Available On Bitcoin; Here’s How You Can Play
  • Nokia uses the Metaverse to connect remote breweries, train aircraft techs
  • Hong Kong securities regulator adds crypto personnel for industry supervision
  • Interpol Tackling Crime in the Metaverse
  • Creator of cannabis-themed metaverse shares his vision for the industry
  • You Can’t Miss These Top 5 NFT Drops In February 2023
  • Metaverse Trends That Will Shape the 2020s
  • 5 biggest economic bubbles in history
Facebook Twitter Instagram
Center Crypto NewsCenter Crypto News
Demo
  • Coins
    1. Bitcoin
    2. Dogecoin
    3. Ethereum
    4. Litecoin
    5. Ripple
    6. Tron
    7. NFT
    8. View All

    Crypto Market Still Reeling As Bitcoin’s Break Above $24,000 Triggers Liquidations

    02/02/2023

    Bitcoin Short-Term Holder Profit Taking Reaches Levels Not Seen Since Nov. 2021

    02/02/2023

    Can Bitcoin (BTC) continue the bullish rally for the entire 2023?

    02/02/2023

    FED To Put Off Interest Rate Hikes, Bitcoin Rallies: Here’s Why

    02/02/2023

    Will DOGE reach $1 in 2023?

    01/31/2023

    Will Dogecoin (DOGE) break the long-term support of $0.05?

    12/19/2022

    Dogecoin surges 9%; Will DOGE outperform other altcoins?

    11/29/2022

    Dogecoin (DOGE) takes support from the 200 EMA curve!

    11/21/2022

    Ethereum price claims for $1.8K mark: Will ETH win?

    02/03/2023

    Total Ethereum Staked On Lido Finance Reaches New Milestone

    02/01/2023

    Ethereum Hovers Above $1,600, What’s The Next Move?

    01/26/2023

    Number Of New Ethereum Validators Remains Flat Ahead Of Shanghai Upgrade

    01/25/2023

    LTC is all set to surpass the $100 mark!

    01/31/2023

    Can Litecoin (LTC) surpass the $82 mark in the third attempt?

    01/12/2023

    Litecoin (LTC) outperforms its peers and showcases huge potential!

    01/04/2023

    Litecoin lacks a buying spree; Support remains relatively stronger

    12/08/2022

    SEC settles on security claim in LBRY case; community calls it a big win for crypto

    01/31/2023

    New Ripple president says her job is to continue to scale amid crypto winter

    01/27/2023

    Circle, Ripple reflect on Davos 2023

    01/26/2023

    Ripple, Binance impersonators target XRP holders via fake staking program

    01/25/2023

    Is it time for a long position in TRX?

    02/01/2023

    TRON spikes 5% today: Can TRX breakout continue?

    01/09/2023

    TRON is likely to regain its previous support of $0.06

    12/15/2022

    TRON (TRX) price plunge may be on the horizon

    12/08/2022

    DOOM Game Now Available On Bitcoin; Here’s How You Can Play

    02/08/2023

    You Can’t Miss These Top 5 NFT Drops In February 2023

    02/06/2023

    5 Best NFT Collections For Sports Fans To Keep An Eye On

    02/05/2023

    Mastercard’s NFT leader Resignation letter Goes Viral; Here’s Why

    02/04/2023

    DOOM Game Now Available On Bitcoin; Here’s How You Can Play

    02/08/2023

    Nokia uses the Metaverse to connect remote breweries, train aircraft techs

    02/08/2023

    Hong Kong securities regulator adds crypto personnel for industry supervision

    02/07/2023

    Interpol Tackling Crime in the Metaverse

    02/07/2023
  • Cryptonews

    Orbeon Protocol soars; Shiba Inu recovers on Shibarium launch

    02/05/2023

    Aptos soars, and Orbeon Protocol is expected for 6000% gains

    02/04/2023

    Cosmos, Chainlink, and Orbeon Protocol

    02/03/2023

    Binance Coin, Helium, and Orbeon Protocol lead market gains

    02/03/2023

    Crypto goes without any mention in the 2023 Union Budget

    02/02/2023
  • Blockchain

    Lodestar announces the mega launch of v1.4.0

    02/03/2023

    KardiaChain partners with Vibranium Audits & revolutionizes dApp

    02/02/2023

    Djed goes live on Mainnet, beginning a new era of stablecoins

    02/01/2023

    Aave deploys V3 on Ethereum mainnet to mitigate user risk

    01/30/2023

    COTI makes an invaluable contribution to the boosting of Djed

    01/30/2023
  • Metaverse

    Nokia uses the Metaverse to connect remote breweries, train aircraft techs

    02/08/2023

    Interpol Tackling Crime in the Metaverse

    02/07/2023

    Creator of cannabis-themed metaverse shares his vision for the industry

    02/06/2023

    Metaverse Trends That Will Shape the 2020s

    02/05/2023

    Top 10 most famous computer programmers of all time

    02/04/2023
  • Regulation

    Hong Kong securities regulator adds crypto personnel for industry supervision

    02/07/2023

    5 biggest economic bubbles in history

    02/05/2023

    Voyager victim calls for trustee to seize control of the estate

    02/03/2023

    US lawmakers renew request for answers from Silvergate on FTX: Report

    02/01/2023

    Panama’s Supreme Court to rule on cryptocurrency legislation

    01/30/2023
  • Market Cap
Center Crypto NewsCenter Crypto News
Home»Cryptonews»Monero, Dash, and Litecoin face stiff competition from BudBlockz
Cryptonews

Monero, Dash, and Litecoin face stiff competition from BudBlockz

By 01/22/2023No Comments0 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


Monero, Dash, and Litecoin are among the most well-known and widely used crypto projects. These tokens have experienced significant growth in recent years and have established themselves as leaders in the market.

However, they are facing stiff competition with the emergence of newer platforms like BudBlockz; it is worth considering how these tokens compare and which one might be the best investment in the long run.

Monero (XMR)

Monero (XMR) is an open-source, privacy-oriented cryptocurrency. It is built and operates on this concept.

These blockchains, which form the underlying technology behind digital currencies, are public ledgers of participants’ activities showing all the network transactions.

Monero’s blockchain is intentionally configured to be opaque. It makes transaction details (identity of senders and recipients and the amount of every transaction) anonymous by disguising the addresses used by participants.

Along with anonymity, the mining process is based on an egalitarian concept. This principle states that all people are equal and deserve equal opportunities.

Monero’s developers did not keep any stake for themselves when they launched the platform, but they depended on contributions and community support to further develop the virtual currency.

One of the significant drawbacks of the Monero is that its focus on privacy can make it attractive to individuals who want to use the platform for illegal purposes, such as money laundering or financing terrorism.

Because transactions on the Monero network are private and untraceable, it can be difficult for law enforcement agencies to monitor and investigate potential criminal activity.

Dash (DASH)

Dash (DASH), originally known as Darkcoin and Xcoin, was launched as a fork of Litecoin – a fork of the Bitcoin protocol – in 2014 to address Bitcoin’s purported flaws with transaction times and privacy.

Dash was built to protect the anonymity of its users with the X11 algorithm while delivering transactions at fast speeds using Masternodes.

Dash is popular for its secure algorithm and two popular features, PrivateSend and InstantSend. 

PrivateSend enables Dash users to obscure transactions by sending them in a unique sequence, making it difficult for observers trying to trace $DASH transactions.

InstantSend allows users to transfer $DASH without waiting for transactions to be confirmed on the Dash blockchain.

Critics of Dash cryptocurrency say it is not truly decentralized because Masternodes carry out many vital functions. If someone controlled most of the Masternodes, they could also control the Dash network.

Litecoin (LTC)

Litecoin (LTC) is created from a fork in the Bitcoin blockchain. It was initially designed to address the developers’ concerns that Bitcoin was becoming too centrally controlled and to make it difficult for large mining firms to gain the upper hand in mining.

Eventually, the platform failed to prevent miners from taking over the lion’s share of Litecoin mining; the crypto has reworked itself into a minable token and a peer-to-peer payment system.

One of Litecoin’s original ideas was to discourage miners from gaining control of the mining process by using a different encryption method. However, miners adapted to their specialized machines and continued to control and grow their mining capacity.

One of the major drawbacks of Litecoin is that it is not as attractive as it used to be. Increasingly crypto traders are more drawn to DeFi projects with smart applications, and transactional cryptos like Litecoin and Bitcoin Cash are getting left behind.

BudBlockz (BLUNT)

BudBlockz (BLUNT) is an innovative blockchain platform built on the Ethereum network that uses real-world utilities to bridge the gap between the cryptocurrency space and the cannabis industry.

The platform plans to establish a 24/7 open marketplace for new and experienced enthusiasts to access the global cannabis market securely and privately.

BudBlockz aims to provide its investors and users excellent opportunities to access the global cannabis industry, irrespective of where they live. 

The platform hopes to use blockchain technology to power seed-to-sale tracking and advanced logistic solutions so users will always be assured of quality cannabis products.

Users will use BudBlockz’s native token, $BLUNT, to participate in all the activities on the platform, including liquidity mining, play-to-earn gaming, and DeFi.

Also, BudBlockz plans to launch a series of NFTs known as Ganja Guruz, allowing users to make money by owning a fraction of global cannabis farms and dispensaries. Ganja Guruz’s holders can also access special discounts while purchasing cannabis products on the BudBlockz marketplace.

The ongoing $BLUNT presale has generated much interest from crypto investors, who are excited to be part of a project already described as a must-have token in 2023. 

Use promo code: BUYBLUNT for a 20% bonus on your purchase. Valid until January 31st.

Purchase or learn more about BudBlockz (BLUNT) at the links below:

Presale Registration: https://app.budblockz.io/sign-up
Official Website: https://budblockz.io/
BudBlockz Community Links: https://linktr.ee/budblockz

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

Related Posts

Orbeon Protocol soars; Shiba Inu recovers on Shibarium launch

02/05/2023

Aptos soars, and Orbeon Protocol is expected for 6000% gains

02/04/2023

Cosmos, Chainlink, and Orbeon Protocol

02/03/2023

Leave A Reply Cancel Reply

Top Posts
Cryptonews

Orbeon Protocol soars; Shiba Inu recovers on Shibarium launch

02/05/2023
Cryptonews

Aptos soars, and Orbeon Protocol is expected for 6000% gains

02/04/2023
Cryptonews

Cosmos, Chainlink, and Orbeon Protocol

02/03/2023

Subscribe to Updates

Get the latest Hot news from Center Crypto about Bitcoin, Altcoin, NFT, Market Updates Etc

Advertisement
Demo
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest YouTube
Top Insights

DOOM Game Now Available On Bitcoin; Here’s How You Can Play

02/08/2023

Nokia uses the Metaverse to connect remote breweries, train aircraft techs

02/08/2023

Hong Kong securities regulator adds crypto personnel for industry supervision

02/07/2023
Get Informed

Subscribe to Updates

Get the latest Hot news from Center Crypto about Bitcoin, Altcoin, NFT, Market Updates Etc

© 2023 ThemeSphere. Designed by ThemeSphere.
  • Terms & Conditions
  • Contact
  • Privacy Policy
  • DMCA

Type above and press Enter to search. Press Esc to cancel.