New Cryptocurrency Proprivex (PPX) is Set To Be The Next Big Thing After Polkadot (DOT) and Zilliqa (ZIL)
The centralized banking institutions are faced with some problems and the blockchain technology was developed to help solve most of these issues. New cryptocurrencies are developed every day, with each one aiming to solve existing and newly developed problems. Polkadot (DOT) and Zilliqa (ZIL) were developed to provide certain solutions, however, they haven’t been able to do justice to them.
Proprivex (PPX) is a new cryptocurrency that was developed to make financial transactions safe, secure and organized. The token aims to improve the many uses of blockchain while striving to do better than existing cryptocurrencies like Polkadot (DOT) and Zilliqa (ZIL).
Polkadot (DOT) is a multichain application ecosystem that makes cross-chain interoperability possible on a scale that was previously unthinkable. Particularly, Polkadot (DOT) enables users to send assets and not just tokens between blockchains. Thanks to Polkadot (DOT), networks can transfer actual data. Polkadot (DOT) ushers in a new era of scalability, interoperability, and security in this way.
The native token of the Polkadot network is the DOT token. As a result, it fulfills a number of crucial functions for the system. It is utilized to take part in governance decisions, such as voting, bonding, and submitting ideas. It can also function as a mechanism for electronic payments. The governing structure of Polkadot (DOT) has several levels. This architecture enables protocol upgrades to take place without the requirement for hard forks. The method incorporates open on-chain voting to maintain community harmony.
The idea of Zilliqa (ZIL) was initiated in 2017 and was first made available for sale as an ERC-20 token in 2018. Later on, the tokens were transferred to the Zilliqa mainnet and was launched officially in 2019. The token swap concluded in February 2020. Zilliqa (ZIL) is a public blockchain created to address the scalability and throughput problems that several cryptocurrencies, including Bitcoin and Ethereum, are now experiencing. To do this, Zilliqa uses sharding, which divides the network into nodes that perform processes in parallel, to speed up transactions and provide a scalable and secure platform.
Zilliqa (ZIL) is a permissionless cryptocurrency that was developed to allow its users carry out transactions with speed and accuracy. It seeks to quicken the blockchain while simultaneously limiting its extensibility. The Zilliqa (ZIL) uses sharding, which acts as a second layer of scaling-effective solution, to achieve this. Zilliqa (ZIL) utilizes a blockchain platform that powers a large number of decentralized applications. The utility token of the platform is ZIL, and it may be used to carry out smart contracts, staking activities alongside quicker transactions.
Proprivex (PPX) is a trading and portfolio management platform-specific to digital assets and currencies that seeks to help users manage their diverse portfolios from a single platform. The token was developed to help crypto traders, especially beginners who know nothing about portfolio management, to organise and manage their portfolios from a single online platform. Cryptocurrencies are being developed with different strategies and use cases and it might become overwhelming to manage them; this is why Proprivex (PPX) was created to make cry trading easy and stress-free.
Alongside portfolio management, Proprivex (PPX) wants to provide solutions to other blockchain challenges like complex and inefficient infrastructure, loose security protocol, inefficient framework and a couple of others. Some of these solutions include:
- High-end asset management tools
- Full-scale security
- Risk and compliance advisory
- Efficient framework and infrastructure
The official utility token for the Proprivex ecosystem is $PPX, and tokens with that price will be used to bill and settle for any services rendered on or for the platform. Other token payments will also be accepted. But one benefit of dealing with $PPX is that you get to take advantage of specific discounts. When you make your first and second purchase on the Proprivex platform, you get to enjoy 25% and 50% bonuses respectively. The token will go on presale soon and you definitely don’t want to miss out on the amazing discounts.
Visit information Proprivex Token (PPX)