ReportWire

Tag: PoW

  • K-Pop Hotspot: September 2025 Comebacks & Debuts Roundup

    [ad_1]

    Welcome back to one of THP’s most-loved monthly columns: the K-Pop Hotspot! September’s comebacks and debuts did not come to play, and neither did we!

    Have you been listening to all our fave K-Pop comebacks this month? Check out full comeback reviews for MONSTA X, ZEROBASEONE, DAY6, and P1Harmony! You can also keep up with K-Pop tours like LE SSERAFIM’s setlist, KAI’s recent Chicago show, and KEY’s upcoming KEYLAND: Uncanny Valley tour!

    But enough chit-chatting for now! We’ve got a hefty September K-Pop hotspot, so let’s get into all the comebacks and debuts you may have missed.

    NCT WISH

    We’re holding on to the last bit of summer with this September hotspot, and NCT WISH are on the same wavelength! Their new mini-album, COLOR, is a breath of fresh air. The title track ‘COLOR’ is bright and fun, with a chorus that has been stuck in our heads all month! We even got music videos for ‘Surf’ and ‘Baby Blue!’ Don’t sleep on the rest of their b-sides like ‘Videohood’ and ‘WICHU.’  

    TO LEARN MORE ABOUT NCT WISH:
    INSTAGRAM | TWITTER | YOUTUBE

    TREASURE

    TREASURE brought us to ‘PARADISE’ with their September K-Pop comeback! Who says summer is over? We’ll be back to those fun days with this funky title track—a star for any party. We fell immediately for this song, and how could we not? It’s so fun and makes us feel like we’ve traveled to a special, magical place. It was the perfect start to the month, and a beautiful way to say goodbye to the hot season while still keeping it alive in our hearts through music. Who else is grooving to the sounds of TREASURE’s new music?

    TO LEARN MORE ABOUT TREASURE:
    FACEBOOK | INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    HYOLYN

    Our K-Pop queen is back to serve and slay! We’re living for HYOLYN’s unapologetic new single, ‘SHOTTY.’ She sings about moving on from a breakup, knowing her ex will grow to regret losing her. The choreography has our jaws on the floor, and we expected nothing less from our fave K-Pop baddie. HYOLYN gave us everything we needed with just one song, and we hope she’ll bless us with more soon!  

    TO LEARN MORE ABOUT HYOLYN:
    FACEBOOK | INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    AESPA

    In the words of the legendary Cher, “I am a rich man.” aespa embodies this self-assured and confident energy in their sixth mini-album, Rich Man. The title track, ‘Rich Man,’ is an explosive track with a cinematic music video masterpiece. aespa inspires us to be the rich man in our lives, beyond having money to sustain our lifestyles. We didn’t skip through any of their b-sides, and our favorites are ‘Angel #48’ and ‘To The Girls.’

    TO LEARN MORE ABOUT AESPA:
    FACEBOOK | INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    NCT HAECHAN

    We never thought we’d see the day NCT DREAM’s Haechan would release his first-ever solo album! TASTE fully exceeded our expectations, especially the title track ‘CRZY.’ His vocals and rap skills immediately hooked us, and we stayed for the choreography. Haechan proves his all-rounder talents with this album. We especially love the b-sides ‘ADRENALINE’ and ‘WYN?’ with HAON!

    TO LEARN MORE ABOUT NCT DREAM:
    FACEBOOK | INSTAGRAM | TWITTER | YOUTUBE

    CIX

    Next on our September K-Pop hotspot is CIX’s new EP, GO Chapter 1: GO Together! They’re entering a new era, and we’re here for it. Whoever edited the ’WONDER YOU’ music video knew exactly what they were doing with the thumbnail. It definitely worked on us, though! The title track is groovy and too catchy to skip. Speaking of skips, this mini-album doesn’t have any! Each b-side is worthy of being the title track, and we don’t say that lightly.

    TO LEARN MORE ABOUT CIX:
    FACEBOOK | INSTAGRAM | TWITTER | WEBSITE | YOUTUBE

    CHAEYOUNG

    TWICE Chaeyoung’s solo debut is finally here! LIL FANTASY vol. 1 is easily one of our favorite September K-Pop releases. ‘SHOOT (Firecracker)’ is a dreamy title track with such a creative concept and music video. The music video for ‘AVOCADO’ (feat. Gliiico) is so kooky yet so Chaeyoung. She knows her strengths, and we’re in love with the indie and R&B sound of the album. Every song fits her vibe, and we especially love ‘BAND AID’ and ‘BF.’

    TO LEARN MORE ABOUT CHAEYOUNG:
    FACEBOOK | INSTAGRAM | PERSONAL INSTAGRAMTIKTOK | TWITTER | WEBSITE | YOUTUBE

    JUNHEE

    After getting a taste of JUNHEE‘s solo music with the pre-release of ‘Supernova,’ we’ve been so eager to hear more. And now we’re hooked on the whole The First Day & Night mini-album. Ever felt spoiled by a music release, because this is how we feel. Not only did the album give us double title tracks in ‘Umbrella (10:00)’ and ‘Too Bad (15:00),’ but it also fed our CHOICE hearts. We yelled after seeing the B-side ‘Tattoo (12:30)’ featuring all of the A.C.E members, instantly knowing it would be one of our favorites on the album. We also find it interesting and quite a fun choice to match each song with a time of day, emphasizing the title of the release, The First Day & Night. Now we have a JUNHEE song to listen to throughout the day, yes, even at 2 AM.

    TO LEARN MORE ABOUT JUNHEE:
    INSTAGRAM | TIKTOK | TWITTER | YOUTUBE 

    TAEMIN

    Are we ever ok when TAEMIN releases new music? The answer is a definite no. ‘Veil’ has us in its clutches, and it’s not letting us go any time soon (not like we’re even trying to escape, anyways). The song draws us with its dark atmosphere, creating an alluring charm. TAEMIN’s artistry always leaves us in awe, with jaws dropped and words lost. This special digital single captured our hearts with all three of its tracks, which also include the absolutely enchanting ‘FINALE,’ and the equally captivating Japanese version of ‘Veil.’

    TO LEARN MORE ABOUT TAEMIN:
    FACEBOOK | INSTAGRAM | PERSONAL INSTAGRAMTWITTER | YOUTUBE 

    PLAVE

    PLAVE blessed us with the Korean version of ‘Hide and Seek,’ and we couldn’t be happier! This version feels like the bittersweet feelings that come at the end of summer. We’re sad to see it go, but we’re hopeful of the promise that it will return. ‘Hide and Seek’ is such a beautiful and uplifting song about finally finding the one and announcing it to the whole world.

    TO LEARN MORE ABOUT PLAVE:
    INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    IDID

    New boy group alert! IDID finally dropped their official debut, and we’re too busy dancing to their title piece, ‘CHAN-RAN.’ It gives off a refreshing feel and spreads so much positivity that we can’t help but love this for the boys’ entry into the K-Pop music scene. It matches them extremely well, and honestly, we can never have too many songs with a message of hope. We highly recommend checking out their B-sides as well. We have a feeling you’d like the variety they prepared for this special start of their idol careers.

    TO LEARN MORE ABOUT IDID:
    INSTAGRAM | TWITTER | YOUTUBE

    BADVILLAIN

    September is full of new K-Pop singles! BADVILLAIN came back with ‘THRILLER,’ a self-empowerment anthem that’ll get you hyped! If you ever need some morning motivation, this is the song you need. These girls eat up every concept they get, and we need to see them on our playlists more often!

    TO LEARN MORE ABOUT BADVILLAIN:
    INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    YUQI

    YUQI is back with a new solo single album, Motivation! Her title track, ‘M.O.,’ is giving us old school hip-hop vibes. The instrumental is absolutely a banger, and YUQI’s voice and rap pair with it so well. No one’s doing it like her! On the flip side, she also blessed us with Korean and Chinese versions of ‘Gone,’ a pop-rock track we can blast in the car with all the windows down!

    TO LEARN MORE ABOUT YUQI:
    FACEBOOK | INSTAGRAM | PERSONAL INSTAGRAM | TIKTOK | TWITTER | WEBSITE

    LUN8

    Is anyone else a fan of the dark and mysterious vibes? LUN8‘s ‘Lost’ gave us exactly that through this latest focus track and its music video. And after listening once, we have to say we are ABSOLUTELY obsessed! The boys did it again with a new concept that slayed and showed a more mature side to them, which took our hearts with its dreamy sound. The boys also made sure to include only bangers in the single album, so you’d better be all over ‘Bad Girl’ and ‘Nauty’ already! LUN8 outdid themselves, making this one of our top releases from them so far.

    TO LEARN MORE ABOUT LUN8:
    FACEBOOK | INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    EXO SUHO

    EXO’s solo comebacks this year are healing all of us. Next is SUHO with his fourth EP, Who Are You. The title track is a rock masterpiece about moving on from an ex after a breakup. He also gave us the English version, which we’re hoping is a hint at a future solo tour. We absolutely adore SUHO’s classic sound, and his discography has only been getting better and better. Our favorite b-sides are ‘Birthday’ and ‘Fadeout.’

    TO LEARN MORE ABOUT SUHO:
    FACEBOOK | INSTAGRAM | PERSONAL INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    KICKFLIP

    KickFlip has just dropped their third mini-album, My First Flip! These boys are booked and busy this year. We’ve been obsessed with the title track, ‘My First Love Song.’ It carries a freeing energy that comes with being a teenager in love. We really hope to see KickFlip perform this song live one day. Their b-sides deserve all the love, and we recommend listening to them all!

    TO LEARN MORE ABOUT KICKFLIP:
    INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    THE KINGDOM

    Did you also scream a little (or a lot) after hearing the news of The KingDom‘s special album? And then did the realization that we’re going back to their iconic sound and roots make you lose your minds as well? Yes, we can fully relate! With ‘Last Flower’ first making an appearance a couple of years back, we’re absolutely rejoicing that the song finally got its long-awaited official release. We’ll be playing this track, along with the rest of the B-sides on the album, and crying a little from how happy we are over them.

    TO LEARN MORE ABOUT THE KINGDOM:
    FACEBOOK | INSTAGRAM | TIKTOK | TWITTER | WEBSITE | YOUTUBE

    YERIN

    Everyone, wake up! Stop sleeping on Yerin because she has released her first digital single, Awake, and we couldn’t be more obsessed! It’s a pop-rock track that motivates us to chase our dreams. ‘Awake’ is the type of freeing song we’d play running through a field of flowers, slowing down and stopping for no one! Yerin brings out this side of us with every new release.

    TO LEARN MORE ABOUT YERIN:
    INSTAGRAM | TIKTOK | TWITTERYOUTUBE

    WOODZ

    MOODZ, we’re so back! Our favorite rockstar is finally here and releasing his absolutely captivating music again, and we couldn’t be happier. WOODZ has us locking onto his latest two-piece release, and if you’re not joining us, you’re already missing out on so much. ‘I’ll Never Love Again’ hits so hard; it reminds us why we love everything WOODZ drops our way. From the deep meaning to the calmer yet gradually building verses of the song, to how it explodes during the chorus. We’re absolutely lost in the music!

    TO LEARN MORE ABOUT WOODZ:
    INSTAGRAM | TWITTER | YOUTUBE

    EXO CHEN

    We are living for the rock vibes in so many EXO members’ solo comebacks! Chen has just released his fifth EP, Arcadia, and we find it to be refreshing yet uniquely him. The title track, ‘Arcadia,’ is a breakup anthem for when you finally feel ready to move on from your ex. While Chen opted for a simpler music video setup, we can feel his rocker energy straight from the screen. His talent never ceases to amaze us, and we can’t get enough of his B-side tracks! Trust us when we say you won’t want to skip through any of them.

    TO LEARN MORE ABOUT CHEN:
    FACEBOOK | INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    SEVENTEEN CxM

    The latest unit by SEVENTEEN is here! S.COUPS and MINGYU brought us quite the title track.  ‘5, 4, 3 (Pretty woman) (feat. Lay Bankz)’ inserts the instantly recognizable hit ‘Oh, Pretty Woman,’ infusing it into the duo’s song and sound, bringing forth a different yet still funky appeal while also making it their own. The song is already ruling our playlists. But that’s not all we love from CxM (SEVENTEEN). We’ve been excited for this unit, and you can easily tell why through their sound. We’re having a ‘Fiesta’ with the entirety of the HYPE VIBES album, and yes, we’re having trouble picking a fave track. They’re all just THAT good.

    TO LEARN MORE ABOUT SEVENTEEN:
    FACEBOOK | INSTAGRAM | TIKTOK | TWITTER | WEBSITE | YOUTUBE

    POW

    POW continue to explore their musical colors, and their new single, ‘Wall Flowers,’ shows us a different side of the boys yet again. The song has a smooth and captivating sound that keeps our attention glued. We love when idols experiment and test out new styles and sounds, and we’re already giving ‘Wall Flowers’ much love. We can’t wait to see what’s next on their release plan.

    TO LEARN MORE ABOUT POW:
    INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    IZNA

    izna brought out their powerful presence with ‘Mamma Mia’ and gave us a confidence-boosting end of September. Not Just Pretty is a comeback we encourage everyone to take a listen to. And if you loved their single ‘SIGN,’ which dropped earlier this year, then you’d be happy to hear that this album comes with its remix version! A new way to enjoy one of our favorite releases from the girls. And because we love giving suggestions, make sure you check out the B-side ‘Racecar.’

    TO LEARN MORE ABOUT IZNA:
    INSTAGRAM | TIKTOK | TWITTER | YOUTUBE

    That’s all for our newest K-Pop hotspot! What was your favorite September K-Pop comeback and debut? Which comebacks are you most looking forward to in October? Let us know in the comments below, or tweet us @TheHoneyPOP!

    Need more K-POP content? Don’t worry; we got you!

    Authors: Julie Dam, Marty.

    [ad_2]

    Julie Dam

    Source link

  • What Is Kaspa (KAS) Blockchain?

    What Is Kaspa (KAS) Blockchain?

    [ad_1]

    The Kaspa (KAS) blockchain is a decentralized, open-source, and scalable Layer-1 solution often referred to as “Bitcoin 2.0” or “the next Bitcoin.” However, Kaspa is unique in its own way despite functioning very similarly to Bitcoin. Just like Bitcoin, Kaspa is a proof of work (PoW) cryptocurrency, but unlike other traditional blockchains, Kaspa implemented the GHOSTDAG protocol.

    This protocol is unique in the fact that it does not have orphan blocks created in parallel. Rather, it allows them to coexist and orders them in consensus. This makes Kaspa the first of its kind to do this, with the blockDAG (Block Directed Acyclic Graph) protocol being a generalization of Nakamoto’s consensus.

    The Founder And The Team Behind The Kaspa (KAS) Network

    The founder of Kaspa is Yonatan Sompolinsky, a Ph.D. in Computer Science at Havard University and a member of the Maximal extractable value (MEV) research team. He was also in Ethereum’s whitepaper and rumored to be in Ripple’s whitepaper as well.

    Sompolinsky had direct input in creating Ethereum’s technology design, having designed the GHOSTDAG protocol earlier. Interestingly, the founder’s 2013 paper on the GHOSTDAG protocol is cited in Ethereum’s whitepaper.

    The development team is made up of very talented individuals such as Cryptography Researcher Elichai Turkel, Doctoral student Shai Wyborski, Developer Ori Newman, Master of Computer Science Michael Sutton, and Developer Mike Zak. They have all contributed to the implementation and ongoing development of the Kaspa blockchain network.

    Differences And Similarities Between Kaspa (KAS) And Bitcoin (BTC)

    At the very base of its technology, Kaspa is very similar to the Bitcoin network in the way it’s structured. Some of these similarities are outlined below:

    • Utility: Bitcoin is a Layer 1 blockchain solution that functions as a store of value, often referred to as digital gold, functioning as a peer-to-peer cryptocurrency. Likewise, Kaspa is a Layer 1 solution purported to be a store of value and functioning as peer-to-peer cash.

    • Limited Total supply: Bitcoin has a maximum total supply of 21 million BTC to be ever mined, meaning new coins can never be created after all of these coins are mined. In a similar fashion, Kaspa has a maximum total supply of 28.7 billion coins, with a little over 22.5 billion in circulation. 
    • Halving Events: Both Kaspa and Bitcoin undergo halving, which slashes the block rewards for miners in half. However, while Bitcoin undergoes a halving event every four years, Kaspa uses a Chromatic Halving Schedule, “meaning that rewards smoothly decrease every month in a quantitative manner that results in a 50% emission reduction per annum,” according to its website. 
    • Decentralization/Proof of work: Both blockchains employ a decentralized proof of work mechanism, meaning that the network is secured by miners who solve complex mathematical equations to mine blocks and confirm transactions. Unfortunately, this also means that both networks are energy-intensive and require a lot of power to run. 

    One major difference between both networks is that Kaspa solves the issue of scalability that continues to plague Bitcoin. This means that while both networks use a proof of work mechanism, Kaspa is able to carry out transactions at a faster rate as well as cheaper fees.

    How Does Kaspa The Blockchain Solve Trilemma Issues?

    The Blockchain Trilemma refers to the three critical aspects of blockchain technology, which are security, scalability, and decentralization. This trilemma continues to plague leading blockchains such as Bitcoin and Ethereum, and they continue to battle these issues. This is because, in order to ensure security and decentralization, something had to give, and in both cases, it was scalability.

    However, Kaspa, on the other hand, is one of the few blockchains to solve the blockchain trilemma, as it is decentralized, scalable, and secured. It solves the blockchain trilemma issues through its integration of proof of work (PoW) and the blockDAG structure.

    Kaspa 2

    Image source

    How Does The Kaspa GhostDAG Protocol Work?

    Most blockchains that digitally process transactions do so in the form of blocks, hence the name blockchain. Kaspa, however, deviates from this because it does not store digital transactions in blocks. Instead, it does so using a complex mathematical structure called a DAG (Directed Acyclic Graph). 

    In a DAG (Directed Acyclic Graph), vertices are present instead of blocks. So, instead of referring to different units as forming blocks, each different vertice forms edges when connected to each other. The blockchain then relies on present transactions to validate and confirm transactions that come after it. 

    Kaspa does not discard previous blocks of information; therefore, it is more secure and scalable. Its mining relies on kHeavyHash, which is a form of optical mining algorithm that is energy efficient and works well with mining equipment such as FPGAs and GPUs.

    Prominent Features Of Kaspa (KAS)

    Efficient Proof of Wook: Kaspa is a one-of-a-kind blockchain that has managed to maintain its Proof of Work mechanism while also solving the blockchain trilemma. To put this in perspective, blockchains such as Ethereum have had to move from Proof of Work (PoW) to Proof of Stake (PoS) in an effort to solve their scalability issues and make them faster. 

    However, since Kaspa already solved the blockchain trilemma, this makes it highly scalable while maintaining a truly decentralized system. Its utilization of the optical-mining-ready kHeavyHash algorithm also helps to ensure the consensus and security of the network.

    Instant Transaction Confirmation: Kaspa was designed to be cheaper and faster than Bitcoin, where full confirmation of a transaction takes an average of 10 seconds, with each transaction visible to the network in one second. This is significant when compared to Bitcoin, which takes an average of 10 minutes to confirm a transaction.

    Security: When it comes to security, Kaspa did not just employ the same security principles and methodology as Bitcoin, it took it a step further as it replaced the SHA-256 PoW encryption with kHeavyHash, while inheriting all the security properties of SHA-256. Thus, its network is still secured by a robust network of decentralized volunteers (miners) who validate and sign transactions just like Bitcoin.

    Cheaper Fees: Not only does the Kaspa Blockchain network confirm transactions fast, but it is also significantly cheaper than Bitcoin. This is because the blockDAG network generates multiple blocks every second for posting transactions to the ledger, whereas Bitcoin generates one block every 10 minutes. Transaction fees on Kaspa cost less than a cent, while transaction fees on Bitcoin cost an average of $4 at the time of this publication.

    Scalability: Kaspa solves scalability issues with its blockDAG network’s ability to generate and confirm multiple blocks per second, as mentioned above. But perhaps the most interesting part of what Kaspa does is that it is able to confirm so many blocks (vertices) per second without altering or giving up its decentralized nature.

    What Is KAS Coin And What Are Its Uses?

    KAS coin is the native token of the Kaspa blockchain, whose main objective is to power the whole network. It is used to pay for transaction fees and other forms of developer’s fees, and it is also used as an incentive to reward miners. Its block rates are rapid and promise swift rewards, as well as offering profitable mining with lower hash rate requirements compared to Bitcoin.

    The Tokenomics of Kaspa (KAS)

    Kaspa’s native cryptocurrency, KAS, has a maximum or total supply of 28.7 billion coins that are not pre-mined. This means all of the tokens in circulation have been free-mined by miners on the blockchain. It has a circulating supply of 22.5 billion at the time of publication, and estimates are that with the current halving model, the last KAS coin will be mined in 2037. 

    The Kaspa network utilizes an open crowdfunding and voting governance model, which means that KAS holders can contribute to the network for development, marketing initiatives, education, etc. 

    This sense of shared responsibility and ownership motivates the community to come together and work toward collective goals. 

    KAS Price History And Progress

    Kaspa launched its mainnet along with its token two years ago, on November 7, 2021. Initially, the price of its native token, KAS, remained stagnant until July 2022, when it pumped from $0.0001840 to $0.0005890. It then traded sideways for months before going on another rally, triggering a 694% increase in price.

    Following this, the KAS price rose to almost $0.01 per coin in just a year after its launch in November 2022. The price dipped a bit and started off trading 2023 with $0.005278 per coin. KAS would then go on to hit a new all-time high of $0.154 in November 2023, exactly two years from the month it launched.

    Kaspa (KAS) is up 61,331% since its all-time low of $0.00017105 on May 26, 2022, according to Coingecko. This is significant because the surge to its new all-time highs took place during a bitter bear market, causing the coin to outperform the rest of the crypto market.

    This immense growth in such a short time has led to some of Kaspa’s investors referring to it as ‘Bitcoin 2.0’ or ‘The next Bitcoin.’ Its similarities with Bitcoin have also fueled the belief that it is the next Bitcoin. With a market cap of $2.38 billion, Kaspa is currently the 38th-largest cryptocurrency in the space and the 7th-largest Proof of Work (PoW) blockchain.

    Conclusion

    Kaspa (KAS) solving the blockchain trilemma with the ability to be scalable and still be decentralized gives it an edge over blockchains such as Bitcoin. Its native KAS coin also has important use cases like powering the entire Kaspa blockchain protocol and being used for transaction fees. This ensures that the coin is always in demand as the Kaspa network usage grows.

    Additionally, features like fast transactions, top-notch security due to its encryption with kHeavyHash, and a robust network of decentralized volunteers (miners) who validate and sign transactions make it an appealing choice for investors looking for an alternative to Bitcoin while enjoying the security and decentralization of Bitcoin.

    Featured image from IQ.wiki

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

    [ad_2]

    Scott Matherson

    Source link

  • 3 Bitcoin-Like Proof Of Work Altcoins That Could Make You A Millionaire In 2024

    3 Bitcoin-Like Proof Of Work Altcoins That Could Make You A Millionaire In 2024

    [ad_1]

    Bitcoin is still the leading proof of work blockchain and has already made massive moves over the years, with countless millionaires at the same time. However, with the price of Bitcoin having moved so much already, the upside is fairly limited, especially for crypto investors who do not have ample buying power to make a Bitcoin investment worth their while.

    In this vein, altcoins offer the best opportunity for smaller and retail investors to make the most money. But not just any altcoins; these coins also employ the proof of work mechanism, just like Bitcoin, making them a good choice, especially when they are newly launched.

    QUBIC: A Proof Of Work Coin Like Bitcoin

    The Qubic (QUBIC) coin is already making the rounds on social media platforms such as X (formerly Twitter) and with good reason. The blockchain uses a proof of work mechanism like Bitcoin. Led by IOTA co-founder Dominik Schiener, it has already garnered a reasonable following based on Schiener’s reputation.

    The coin is still trading well below $0.1 which could make it a good buy in the long run. With a current circulating supply of 71.425 trillion, its current market cap is currently sitting at around $200 million. 16% of the total supply has reportedly been burned already.

    Nexa (NEXA) Leads POW Altcoins

    Next (NEXA) is another proof of work blockchain, but unlike Bitcoin, it uses the UTXO Layer. This means that Nexa is a proof of work blockchain that is also able to support native tokens and smart contracts. To mitigate the problem of scalability often encountered by the likes of Bitcoin and Ethereum, Nexa employs Signatures and UTXO lookups.

    NEXA price at $0.000013 | Source: NEXAUSDT on Tradingview.com

    The Nexa token is currently trending below one cent with an around $35 million market cap at the time of writing. Given the kind of run that Kaspa (KAS) had even through a bear market, it puts in perspective the opportunity that lies with this token.

    Firo (FIRO)

    Firo (FIRO) is another proof of work coin that also holds a lot of promise among the altcoins that fall into this category. It rebranded from ZCoin and is a privacy-first coin, meaning it mixes two of the most sought-after attributes right now in the crypto market.

    Its price is $1.87 with a fully diluted market cap of under $40 million. This makes it the coin on this list with the lowest fully diluted market cap. Its price has been relatively stable for the last week, which could suggest that accumulation is happening ahead of a possible breakout.

    [ad_2]

    Best Owie

    Source link