Can PrivaCrip Replicate The Success Of Bitcoin And Avalanche?

Bitcoin (BTC) is undoubtedly the leading figure in the crypto market. Even those without crypto knowledge understand the importance of the crypto giant. Bitcoin's high return potential has helped many people become financially independent.

Avalanche (AVAX) is a Proof-of-Stake (PoS) platform that uses subnets to achieve one of the fastest time-to-finality rates in the world. It is what makes it so popular. PrivaCrip (PRCR) is a new cryptocurrency that wants to bring back privacy. Leaking information has become too common, and PrivaCrip looks to change it.

How Can PrivaCrip (PRCR) Rival Crypto Giants?

Protection over your information is often overlooked by major corporations. Privacy leaks are abundant, so PrivaCrip has developed an ecosystem that ensures this won't happen. The security-enabled blockchain gives PrivaCrip the tools to become the world's most versatile, protection-powered blockchain.

The PrivaCrip ecosystem is designed to safeguard data and empower users. It uses private nodes that make use of trusted execution environments (TEEs) to enable secure and private computation over encrypted data. If you're looking to push the boundaries of Web3, you can develop secure and decentralised applications using private contracts.

The PrivaCrip platform is only a month away from its first presale stage. It can be bought for a low price and offers a generous 7% bonus if bought in the first stage. Once the tokens are bonded, they can be used to participate in governance on the platform which is vital for the success of a cryptocurrency.

The Blazingly Fast Speeds Of Avalanche (AVAX)

Increased transaction speeds are not the only reason Avalanche uses a PoS consensus algorithm. PoS requires less energy to run. Avalanche reportedly uses 0.0028% of the energy that Ethereum (ETH) uses, meaning that its carbon footprint is significantly lower.

Tired of the same old blockchain? So is Avalanche! It is why it allows you to launch customised blockchains, both privately and publicly. You can deploy applications that fit your needs and dictate exactly how the blockchain operates because it's your blockchain!

Avalanche has seen a tremendous rise in value over the past seven days. It recorded a 21.93% increase at the time of writing. The crypto giant now boasts a market capitalisation of over $8 billion!

Where Cryptocurrency Began – Bitcoin (BTC)

Bitcoin (BTC) has been at the forefront of anything crypto-related since its launch in 2009. Although Bitcoin is prone to volatility because of its lack of government regulations, it provides many people with the opportunity to 'buy the dip'.

Bitcoin has an ever growing list of places that accept it. The versatile currency is easily accessible. Anyone can transfer Bitcoin from one user to another to purchase goods or services. Bitcoin makes spending money in a different country much easier with the bonus of having little fees applied.

Like Avalanche, Bitcoin has seen impressive growth over the past seven days. The crypto giant has increased by 3.13% at the time of writing. Bitcoin now has a $460 billion market capitalisation. That's almost half of the whole crypto market!

Final Thoughts

Bitcoin and Avalanche have become crypto giants because of their high return potential, the utility of their coins, and their loyal communities. To challenge their popularity would be a mammoth task, but PrivaCrip is up to the challenge.

PrivaCrip succeeds in a sector where others fail, data protection. Your information is secure on the PrivaCrip network as it propels security as a public right. PrivaCrip believes it can grow DeFi to mass market reception as it is currently restricted by a lack of protection and security.