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The number of cryptocurrency blockchains is on the rise. Some of these are new; others are forked from existing ones. These different blockchains offer their users various features.
A variety of innovators have developed these blockchains. They all have different management rules and consensus mechanisms. Additionally, each blockchain supports only certain types of tokens.
These Contrasting features decrease interoperability between existing blockchains. As a result, crypto platforms that support cross-chain transactions charge high fees. What if a platform enabled blockchain interoperability with low transaction fees? The Supontis (PON) ecosystem fills this position.
The name Supontis has two root words. The English word "Super" and the Latin word "pontis" meaning "Bridge." In short, the name Supontis means "Super Bridge." The Supontis (PON) ecosystem is a platform specially built as a bridge to facilitate cross-chain transactions.
Supontis (PON) will act as an intermediary between currently incompatible blockchains. It will enable users to enjoy the benefits offered across the different blockchains in the coin market.
Supontis (PON) developers began with a plan to aid interconnectivity between users of blockchain technology. This led to the development of the super bridge, Supontis (PON)
An active smart contract controls the Supontis (PON) ecosystem. When a user initiates a cross-chain transfer, the transferred tokens are locked on the first blockchain. A smart contract creates an equivalent amount of wrapped assets on the receiving blockchain.
When a reversal transfer is initiated, the wrapped tokens are burned, and the locked initial tokens are unlocked. A two-way binding system handles this process. Low transaction fees accompany this transfer process.
This low fee is because Supontis (PON) runs on BNB Smart Chain (BNB). With its current status as a proven network, the BNB Smart Chain has the third-largest DeFi blockchain by Total Value Locked (TVL).
BNB Smart Chain (BNB) currently has over a thousand different crypto projects built on it. Additionally, it offers its users super-fast transactions with low transaction fees.
Supontis (PON) ecosystem offers next-generation features to its users. The Supontis (PON) token will be the best cryptocurrency to buy now. Users who purchase the Supontis (PON) can enjoy these features offered by this Super Bridge platform. The presale will run from July 18, 2022, to November 18, 2022,
In 2017, Cardano (ADA) began operating as a decentralized blockchain that uses a proof-of-stake algorithm. It offers next-generation decentralized services. Cardano (ADA) Blockchain issues its native token. This token trades under the ADA symbol.
The ADA token is the traditional currency for all transactions on the Cardano (ADA) Blockchain. The ADA token holders make up the decentralized autonomous organization that will manage the platform.
Cardano (ADA) was created mainly to be an identity management tool. ADA holders can use it to trace and verify the authenticity and eligibility of an asset. ADA holders can also use it to manage the supply chain for product distribution.
Polkadot (DOT) is a relatively new crypto project that promotes interoperability among crypto blockchains. The Polkadot (DOT) platform has two types of blockchain;
Polkadot (DOT) allows users to carry out secured peer-to-peer transactions. The native token of the Polkadot (DOT) blockchain trades under the "DOT" symbol.
DOT token holders can earn passive income by staking their holdings. DOT token also gives holders governance power within the Polkadot (DOT) ecosystem.
The utility offered by tokens mentioned in this platform is unique in the coin market. The Supontis (PON) token also provides its users with more utilities. $PON presale starts on 18 July 2022 and runs till 18 November 2022.
This article highlighted the main features of the Supontis (PON) ecosystem. The features of this new token make it the best cryptocurrency to buy in 2022.
Although numerous coins are released, very few have excellent prospects. $PON is a token that will soon compete with Crypto-assets like Bitcoin (BTC) and Ethereum (ETH) in the coin market. Read more about the Supontis (PON) ecosystem and participate in the PON token presale.
Supontis Token (SUP)
Presale: https://register.supontis.com
Website: http://supontis.com/
Telegram: https://t.me/SupontisTokenOfficial
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
