Logarithmic Finance (LOG), NEAR Protocol (NEAR) and Monero (XMR)
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Many people have been amazed by the ongoing expansion of the crypto market cap, while others have seen it as unavoidable. The indisputable reality is that this unique financial sector has proceeded to build innovative technologies and demonstrate its value in the world today. If you are looking for where to jumpstart your crypto investments, look no further! Logarithmic Finance (LOG), NEAR Protocol (NEAR) and Monero (XMR) are great digital currencies to choose from.
NEAR Protocol (NEAR)
NEAR Protocol (NEAR) is a decentralised platform that prioritises user convenience. NEAR is a community-focused project that provides safe and scalable technologies for innovation. NEAR blockchain operates on proof-of-stake (PoS) consensus. However, its most competitive advantage is the adoption of Nightshade technology. Based on sharding design, it powers the platform, allowing for fast transaction throughput and expansion of the blockchain’s capacity.
A couple of days ago, NEAR Protocol secured an extra $350 million in funding to support wider blockchain development. The funds will be utilised to build regional centres around the world. Today, the crypto market is seeing an impressive 23% NEAR Protocol price jump amid the fresh funding (see CoinMarketCap.com).
Monero (XMR)
Founded in 2014, Monero (XMR) follows a clear objective – to ensure that transactions take place discreetly and anonymously. Differently from other transparent blockchains, XMR is meant to conceal both senders and recipients through the use of powerful encryption. According to the Monero team, privacy and security are the top goals, with the simplicity of use and efficiency following in second place. It strives to safeguard all users, regardless of their technological proficiency.
There are several reasons why Monero (XMR) is a unique cryptocurrency. One of the project’s main objectives is to achieve the highest degree of decentralization possible. A few distinguishing qualities are used to achieve privacy. Unlike each circulating Bitcoin, which has its unique serial number, allowing its usage to be tracked, XMR is fully fungible. By default, information about senders, receivers, and the quantity of crypto being exchanged is hidden.
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