10 Jun 2022 · 3 min read

Three Cryptocurrencies You Should Be On The Lookout For Flow (FLOW), NEAR Protocol (NEAR), and Logarithmic Finance (LOG)

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The global movement of cryptocurrency is increasing exponentially as investors worldwide are looking into it. There are over 18,000 cryptocurrencies in the crypto market which makes it hard to decipher which crypto has potential. This has kept several investors on their toes, looking out for the next bull market.

Experts have shown that certain crypto coins tend to be the most talked-about in a short period after their emergence. Logarithmic Finance (LOG) has proven itself to be one of such tokens, as well as Flow (FLOW) and NEAR Protocol (NEAR). This article analyzes these tokens and explains why you should be on the lookout for them.

Flow (FLOW)

Flow (FLOW), launched in 2019, is presently in the beta phase of its mainnet. It was specifically designed for creating and trading NFTs with a decentralized blockchain that is entirely different from other cryptocurrency blockchains. Flow (FLOW) operates using nodes in which all transaction histories and verification are stored. Flow (FLOW) network aims to create several subsidiaries of its network to enable its total work to be distributed across all its nodes, thus verifying a subdivision of the transaction by each node.

Flow (FLOW) transaction verification stages are divided into four groups, splitting the finances of each node; Collection nodes (improves the network connectivity and availability of data for decentralized application), Consensus nodes (this controls the presence and pattern of transactions), Execution nodes (performs calculation linked to each transaction) and, Verification nodes (Verifies the work completed by the execution nodes). These verification stages increase task efficiency in FLOW, giving its users a wonderful experience. You should watch out for rapid growth in Flow (FLOW) in the next few years.

NEAR Protocol (NEAR)

NEAR Protocol (NEAR) was launched in 2017 as software that aims to create a platform for creating and launching decentralized applications (dapps) by stimulating a network of computers for developers. It is a layer-1 decentralized application that utilizes a proof-of-stake (PoS) to verify transactions on its blockchain.

NEAR Protocol (NEAR) employs a sharding solution (a division of work into groups) which is termed “Nightshade,” which simultaneously ensures the blockchain efficiency and allows for a more incredible transaction amount with inexpensive fees. The Nightshade also provides a single data chain that maintains the NEAR. At the same time,  the data-computing and maintenance process is distributed into “chunks” (operated by nodes, processes data, and adds information to the main chain). The NEAR Protocol (NEAR) network also enables the movement of tokens from Ethereum (smart contract) to NEAR Protocol (NEAR) through an application termed “Rainbow Bridge.” NEAR offers several other attractive benefits not mentioned, which will be of massive profit in a short while.

Logarithmic Finance (LOG)

Logarithmic Finance (LOG) is the new sensation to overtake the incoming generation of new cryptocurrencies in the DeFi sector. Logarithmic Finance (LOG) is a decentralized and secure crypto that is metaverse-inclined and enables its users to perform transactions using the NFTs. It has special software that will simultaneously restructure the face of the DeFi sector while allowing the launch of various products and fundraising on the platform.

This platform will allow investors to acquire massive profits on their choice of investments and projects and facilitate these investments. Investors and users will also be given the right of governance, exclusive pools access and maximized profits, and other added benefits, thus, showing the Logarithmic Finance (LOG) potential to make investors wealthy. This is problem-solving crypto that should be looked out for by investors.

These tokens have been proven to be the next big rave of the moment, and investors should be on the lookout for them. Logarithmic Finance (LOG) might be your next golden chance to be the next multimillionaire.

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