Can BudBlockz (BLUNT) Get Ahead of Substantial Crypto Projects Like Litecoin (LTC) and Chainlink (LINK)?
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Crypto valuations have tanked significantly owing to a bear market run that began last year. While every cycle often comes to an end, the big question is which project will bounce back and generate significant returns once the poor run ends. BudBlockz is one project showing prospects of surpassing Litecoin and Chainlink next year.
Launched in 2011, Litecoin is one of the oldest altcoins at the forefront of fueling super-fast and low-cost transactions. In its early years, it ranked as the second largest cryptocurrency as it came into being using Bitcoin source code. Its ability to complete transactions quickly and cheaply has made it a perfect fit for the global financial sector.
Litecoin relies on blockchain technology to facilitate money transfers in a low-cost and expeditious way. While it is not the fastest digital currency among the mega cryptos, it is an excellent option for people looking to transfer significant sums of money. As a result, it is often touted as one of the projects well poised to be adopted in the mainstream financial sector. Nevertheless, it faces stiff competition when processing transactions on the blockchain.
Like Litecoin, Chainlink has been a bright spot in the burgeoning sector, given its ability to link blockchains to the outside world. By acting as a middleware, it's been able to connect smart contract platforms with external data sources, enabling fast transfer of real-world information.
As blockchain becomes widely adopted in the mainstream sector, Chainlink stands to be one of the biggest beneficiaries. For instance, its blockchain can provide and validate smart contract data on
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