December 28, 2024
Security News

Bitcoin’s $200K Target Is in Sight but This New Blockchain Might Steal the Spotlight

The next target that Bitcoin could reach in 2025 is predicted to be $200K. Yet, another blockchain platform is emerging that could potentially eclipse Bitcoin’s performance. With the possibility of delivering exponential returns on the initial investment, this newcomer might revolutionize the crypto landscape. Explore how this innovative technology could become the next big thing in the digital currency realm.

Graphite Token (@G): Powering the Blockchain That Could Outperform Bitcoin

Ethereum (ETH) and Solana (SOL) have had their time in the spotlight. Now, Graphite Token (@G) is here, bringing with it the power of the Graphite L1 blockchain designed to make crypto simpler, faster, and more rewarding for everyone.

Older blockchains face growing challenges like rising fees, complexity, regulatory uncertainty, and questions about reliability. Between unpredictable gas costs, unsatisfactory speed, and unreliable service, users are starting to look elsewhere. The dominance of the “old guard” is fading.

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What Graphite Brings to the Table

Graphite is built to address the challenges of older blockchains with a set of practical features.

Direct Rewards for Entry-Point Nodes

Graphite has something no other blockchain offers. It lets entry-point nodes earn 50% of transaction fees passing through their nodes, so literally anyone contributing to its operations can earn a share.

Transparent, Trust-Based Interactions

Graphite’s reputation-based system introduces a Trust Score, a measure of user credibility similar to a credit rating in TradFi. This approach enhances transparency while keeping user privacy within the network where interactions are built on trust.

Fair Fees, Fast Speed, and High Scalability

Powered by the PoA Polymer 2.0 Algorithm, Graphite keeps fees plain and as low as possible by minimizing computational and energy costs. The network processes up to 1,400 transactions per second with confirmation times under 10 seconds, delivering a perfect balance of speed, cost-efficiency, and reliability.

Security as a Top Priority

Graphite enforces a one user – one account policy to safeguard its network against fraud and scams. Additionally, it offers an optional KYC verification procedure with three tiers of off-chain checks powered by ZKP to ensure compliance while protecting user data. With transaction filters, users can choose to interact only with accounts that meet specific KYC levels, adding an extra layer of security.

Is This Your Chance to Get in Early?

The Graphite blockchain is secure, transparent, scalable, and cost-efficient, making it the go-to choice for developers and users alike. With its practical approach and early adoption potential, Graphite is a project worth watching.

For those looking to get in early, Graphite offers an opportunity to be part of a blockchain that’s designed for long-term growth and usability. Will it deliver 4,000X gains? Time will tell, but the foundation is strong.

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Bitcoin Gathers Steam to Break $130,000 Resistance 

Bitcoin’s price has dipped slightly in the past week, decreasing by 4.21%, but over the past six months, it has surged by nearly 59%. Currently trading between $88,845 and $105,004, Bitcoin is approaching its 10-day and 100-day simple moving averages, both around $96,000, indicating a period of consolidation. The Relative Strength Index sits at 37.98, suggesting that the cryptocurrency is nearing oversold territory, which could precede a price rebound. The nearest resistance level is just below $115,000, and if Bitcoin breaks through, it could potentially rise toward the second resistance at over $130,000. However, if it falls, the nearest support is around $82,380.

Conclusion

While Bitcoin (BTC) is aiming for the $200K mark during the current bull run, its short-term potential may be overshadowed by emerging technologies. The Graphite Token (@G) powers the new Graphite L1 blockchain, designed to simplify cryptocurrency use while delivering exceptional speed and rewards. By addressing issues like Ethereum’s high transaction fees and Solana’s network disruptions, Graphite provides practical solutions such as fair transaction costs, a reputation-based Trust Score system, and an innovative reward model where entry-point nodes earn 50% of transaction fees. With robust security powered by Polymer 2.0 and optional KYC verification, Graphite aims to set new standards for blockchain reliability. For early adopters, it presents an exciting opportunity to engage with a project built for long-term utility and growth.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.