According to the latest data, Polkadot is starting to become the “greenest” layer 1 blockchain. Ethereum will also move from Proof-of-Work to an eco-friendly Proof-of-Stake mechanism.
Although Tezos has similar consumption stats, it is still inferior to Polka’s scalability. Although Tezos has similar consumption stats, it is still inferior to Polka’s scalability.
Polkadot Insider also posted a tweet about the top-performing projects on the network. The list is calculated using the Galaxy Score, which assesses the overall health and quality of the project tokens.
According to the update, ChainX is the best rated project on Polka with an index value of 59. It is followed by Moonbeam at 58 and TribeOne at 57. This is followed by DOT at $242.7 million. Coming in third is the MXC token with a much lower trading volume at $27.8 million.
The DOT recently showed optimism with a weekly gain of more than 3%. The token is trading at $7.33 at press time and is also supported by a 30% increase in trading volume in 24 hours.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
CoinCu News
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Blockchain
Polkadot Wins “Green Blockchain” Title
According to the latest data, Polkadot is starting to become the “greenest” layer 1 blockchain. Ethereum will also move from Proof-of-Work to an eco-friendly Proof-of-Stake mechanism.
Although Tezos has similar consumption stats, it is still inferior to Polka’s scalability. Although Tezos has similar consumption stats, it is still inferior to Polka’s scalability.
Polkadot Insider also posted a tweet about the top-performing projects on the network. The list is calculated using the Galaxy Score, which assesses the overall health and quality of the project tokens.
According to the update, ChainX is the best rated project on Polka with an index value of 59. It is followed by Moonbeam at 58 and TribeOne at 57. This is followed by DOT at $242.7 million. Coming in third is the MXC token with a much lower trading volume at $27.8 million.
The DOT recently showed optimism with a weekly gain of more than 3%. The token is trading at $7.33 at press time and is also supported by a 30% increase in trading volume in 24 hours.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
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