The Last quarter of every year celebrates with an unbelievable Altseason. A season in a crypto market where all altcoins are expected to rally hard with the bulls and amaze with returns.
Many may wonder about the need for a cryptocurrency to power the network when the user or publisher can just be paid in any fiat currency. But it is here that the network eyes on improving privacy and transparency. Transactions and payments within the network using BAT do not record your identity nor reveal it! A high-scale decentralization internet journey!
End users will also get a part of the tokens as incentives for viewing the ads. As a user, you will be paid based on how long you view the ads. Collect these tokens on your Brave rewards wallet. The network also facilitates the usage of the Basic Attention Tokens outside the network by simply transferring them to an external wallet.
Many may wonder about the need for a cryptocurrency to power the network when the user or publisher can just be paid in any fiat currency. But it is here that the network eyes on improving privacy and transparency. Transactions and payments within the network using BAT do not record your identity nor reveal it! A high-scale decentralization internet journey!
Chainlink Fundamental Analysis
Since both Oracle and Chainlink work simultaneously for data conversion, the working might sound arduous. But in reality, it involves just 3 steps! Beginning the process, a smart contract requests data when required. The LINK protocol receives the request and generates a Chainlink Service level Agreement.
Meanwhile, the agreement will further generate 3 other contracts. One for reputation, which will check the Oracle and verify it. Secondly, the next contract acts as a bridge between the request contract and the nodes that take the requests.
The translation of off-chain to on-chain data and vice versa is taken care of by the Chainlink Core. The request is first converted to an off-chain form so that the real-time information can read the request and easily fetch the required data via an API. After the accurate information is at the nodes, they are further transcribed to on-chain language and delivered to the nodes! Thus, the Chainlink protocol increases transparency and improves the reliability and accuracy of the data that enters the blockchain!
Ripple Fundamental Analysis
Ripple (XRP) is the currency that runs on RippleNet, a digital payment network, which is on top of the XRP Ledger distributed database. The XRP Ledger is open source and is based on distributed ledger technology.
Since mining involves electric units as the computer systems consume power, this has led to greater exploitation. Thus, Ripple goes the eco-friendly way and is sustainable. XRP has been showing rapid progress throughout its lifetime, and its price has seen a substantial improvement. Despite all the odds against Ripple, the altcoin’s price remained less impacted and propelled accordingly. Many experts believe XRP prices are highly undervalued and may swell notably in the near future.