Cryptocurrency projects tend to react differently when introduced in the markets. However, some end up shadowing the performance of other projects due to the provision of similar utilities. For the longest time, Ethereum’s price performance has been incredibly positive from the time the project debuted for mainstream adoption. Despite market cycles that usually have bearish markets, Ethereum has continued to deliver to Web3 users, making the project’s underlying value explode over time. Bitcoin Spark could be on the same track, judging from the close relationship between Bitcoin Spark and Ethereum utilities.

Ethereum price prediction

Ethereum’s current price action imitates a possible bullish breakout once the platform witnesses increased buying pressure from retail and institutional investors. The future of Ethereum could be determined by the current price action following increased market hype after BlackRock applied for an Ethereum ETF. The application indicates that large investment funds are interested in Ethereum and will soon begin investing in Bitcoin Spark for the two projects that offer similar utilities.

Bitcoin Spark vs Ethereum: A Complete Comparison

Ethereum is an older blockchain network compared to Bitcoin Spark. However, the two compare and contrast similarly, a move driving Ethereum investors into Bitcoin Spark. Like Ethereum, Bitcoin Spark aims to promote decentralized economies’ growth and development and offers a smart contract platform to support innovation and technology advancement. However, Bitcoin Spark’s smart contract is more advanced than Ethereum’s. The smart contract has successfully passed three audit processes from reputable organizations like Contract Wolf and promises to support dApp deployment in different programming languages, including high and low-level languages.

Ethereum uses the popular adaptive proof of stake network to manage the network’s activities. On the other hand, Bitcoin Spark has adapted proof of stake in its proof of process consensus mechanism that mediates between mining and staking activities. Instead of using one, Bitcoin Spark controls two consensus mechanisms, PoW and PoS, leveraging the advantages of both network validation processes to maintain the network’s security and reduce its complexities. The entire market is witnessing the proof of process consensus for the first time, making Bitcoin Spark a first market mover.

Bitcoin Spark’s lightweight network requires simpler virtual activities than old-generation blockchains that are more energy-demanding. The PoP consensus has allowed Bitcoin Spark developers to reduce the amount of energy used in mining digital assets and utilize the energy. The Bitcoin Spark has an advanced mining layer in its smart contract that allows miners to tap idle processing power otherwise wasted in the typical mining ecosystems. The processing power is allocated to clients through the execution layer of the smart contract who pay for the product in BTCS tokens.

Bitcoin Spark’s ICO bonus event shocks Ethereum whales

Ethereum investors are shifting their focus to Bitcoin Spark’s ICO bonus event following the project’s highly coveted returns. The project’s developers have confirmed an ICO bonus event for founders to greatly reward participants who buy BTCS tokens in the current and final ICO phase 10 of the project’s presale. The bonus event details are available on the social platforms of Bitcoin Spark, including Twitter and the official Telegram channels, and include a 1000% bonus on purchases made in the current ICO phase. Buying BTCS now is like investing in Ethereum’s ICO or buying Bitcoin at less than $10. The current price of BTCS is $3.75, but the benefits of participating in the giveaway event are limitless.

Learn more about Bitcoin Spark on:

Website: https://bitcoinspark.org/

Buy BTCS: https://network.bitcoinspark.org/register