Top Coin Web3

New Delhi: Blockchain is termed as the future changing technology and one of its most special areas where it is speculated to show progress is the internet. Web3 regarding Ethereum refers to decentralized apps that run on the blockchain. These are apps that allow anyone to participate without monetising their personal data.

There are several benefits of Web3

1. Anyone who is on the network has permission to use the service – or in other words, permission isn’t required.

2. No one has the authority to block you or deny you access to the service.

3. Payments are built-in via the native token, ether [ETH].

4. Ethereum is Turing-complete, meaning you can pretty much program anything.

If you are looking to invest in the Web3 coins then here’s a list of top Web3 coins you can consider buying:

Polkadot [DOT] 

Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network.

As per Polkadot, they provide unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Polkadot provides transactional scalability by spreading transactions across multiple parallel blockchains.

BitTorrent [BTT]

BitTorrent is a TRC-10 utility token based on the blockchain that powers features of the most popular decentralized protocols and applications in the world. Decentralized applications powered by BTT include BitTorrent Speed, BitTorrent File System, DLive, and other big programs in the pipeline.

Helium [HNT] 

The Helium network works as a decentralized wireless network that can enable devices anywhere in the world to wirelessly connect to the Internet and geolocate themselves without the need for power-hungry satellite location hardware or expensive cellular plans.

As per Helium, Powering the Helium network is a blockchain with a native protocol token incentivizing a two-sided marketplace between coverage providers and coverage consumers. With the introduction of a blockchain, we inject decentralization into an industry currently controlled by monopolies. The result is that wireless network coverage becomes a commodity, fueled by competition, available anywhere in the world, at a fraction of current costs.

Livepeer [LPT]

The Livepeer project aims to deliver a live video streaming network protocol that is fully decentralized, highly scalable, crypto token incentivized, and results in a solution that can serve as the live media layer in the decentralized development [web3] stack. In addition, Livepeer is meant to provide an economically efficient alternative to centralized broadcasting solutions for any existing broadcaster.

ZCash [ZEC]

Zcash was launched by one of the most respected technical teams in the world. Zcash is the ‘https of blockchains,’ protecting your freedom to save and spend as you like.

Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency.

Flux [FLUX] 

A comprehensive suite of decentralized computing services and blockchain-as-a-service solutions. The Flux ecosystem consists of: Fluxnodes’ decentralized infrastructure, FluxOS cloud operating system, Zelcore self-custody multi-asset wallet and blockchain app suite, and finally, the Flux blockchain for on-chain governance, economics, and parallel assets to provide interoperability with other blockchains and DeFi access.

Ocean Protocol [OCEAN]

Ocean Protocol is governed by a Singapore-based non-profit foundation, whose mandate is to ensure open access to the protocol and platform, provide data governance, encourage the network ecosystem growth, and take measures to ensure that the platform becomes ever more decentralized with time.

The Ocean Protocol Foundation has contracted BigchainDB to build the core protocol, network, marketing, and community activities.

by Aratrika Dutta February 22, 2022

Blockchain technology is something that has been gaining heavy momentum these days. One of the most special areas where it is speculated to show progress is the internet. While the majority of the global populace is trying to invent new ways to invest in blockchain and crypto, Web 3.0 is about to emerge as the cornerstone of something bigger than the tech industry ever imagined. Web 3.0 is the new breed of the internet that aims to become the decentralized version of the virtual world. Using this network, users can interact and collaborate intelligently without worrying about the central and data-specific repositories. Web 3.0 strives for transparency, and the users will see endless resources, content, and agreements that will be accessible to all. Web 3.0 cryptocurrencies are decentralized projects that use smart contracts and automate transactions over the internet. So, here we present a list of the top Web 3.0 cryptocurrencies to buy before it booms in 2022. 

Helium is a decentralized blockchain-powered network for IoT devices that utilizes a global network of low-energy wireless hotspots to broadcast data through radio waves to be recorded in the blockchain. The network uses a new algorithm, known as the proof-of-coverage consensus, to validate that the hotspots are providing legitimate wireless coverage. 

LINK is a blockchain abstraction layer that enables universally connected smart contracts. Not only does it present the ideal combination of a project with the right technology behind it, but it also has enough resources for further development. The best part: Chainlink possesses an excellent community. Therefore, many crypto investors prefer Chainlink over other cryptocurrencies.

Filecoin is like the filing cabinet for Web 3.0. It is a decentralized storage network that serves as a secure alternative to centralized cloud storage and a passive way of making money. Filecoin can be used to store almost any type of data, be it audio files, videos, still images, or text. It also claims to be secure enough to store more sensitive information like private company information and records. It is one of the top web 3.0 cryptocurrencies that you can prefer to buy before it gets boom in 2022. 

Audius is a decentralized music streaming platform that aligns the interest of artists, fans, and node operators with its native token, AUDIO. The token can be used for governance, staking, and incentivizing artists’ earnings. Audius also rewards its creators by featuring their music in the weekly trending lists.

Flux aims to provide the groundwork for the developers to build out this new iteration of the web. With the help of Flux, users can develop Web 3.0 applications and decentralized projects and then deploy them across various networks. This becomes especially efficient with the help of FluxOS- a decentralized operating system made just for Flux users. It also offers blockchain-as-a-service [BaaS], which is very similar to SaaS.

Theta aims to be the next-generation entertainment and video that’s blockchain-powered by its users. It aims to facilitate the delivery of decentralized video for users, with enterprise validator nodes from Sony, Google, Samsung, and other companies.  

ZCash is one of the first privacy-built cryptocurrencies, which was developed by a group of scientists from John Hopkins, MIT, and other eminent academic and scientific institutions. Interestingly, this privacy coin was originally built on the Bitcoin codebase with the only difference of being a privacy feature option.

Livepeer is a decentralized video streaming network built on the Ethereum blockchain. It is the secure and most cost-effective participation of the various actors in the streaming ecosystem. It mainly addresses two goals-distribution of real-time video and encouraging network participation. It is one of the top web 3.0 cryptocurrencies that you can prefer to buy before it gets boom in 2022. 

Kadena is a scalable PoW layer-one blockchain protocol that is stated to be capable of processing up to 480,000 transactions per second [TPS], thanks to the use of branded chains. Unlike the top PoW cryptocurrency Bitcoin, Kadena offers smart contract capabilities similar to those in Ethereum.

Investing in Kusama is like taking a detour via Polkadot and is set to carry out due to its proven records for the success of parachains. Just like DOT, developers compete to get a spot on the Kusama network through parachain auctions. Experts consider Kusama a profitable short-term investment as the network is older and stronger.