2 of the best cryptocurrencies to buy now and keep long-term in your wallet!


With a market capitalization of $ 345 billion, Ethereum is the second largest public cryptocurrency and accounts for nearly 20% of the entire industry. The developers of the platform are working to maintain this dominance through an update called The Merge, which could make blockchain mining greener and more sustainable.

As you probably already know, Ethereum has lagged behind the new blockchains. Read also: This bad news for Ethereum explains its recent loss of momentum – what could trigger another rally?. Take, for example, Solana, which can handle 50,000 transactions per second, while Ethereum only handles 15.

This disparity has a lot to do with Ethereum’s proof-of-work (POW) block validation mechanism, where miners solve computational problems to verify transactions. This process is cumbersome and consumes real-world resources. An update aims to fix these problems.

According to its developers, Ethereum’s core blockchain will be combined with a parallel network called the beacon chain and will move to a complete proof-of-stake (PoS) system where miners verify transactions using existing coins instead of solving puzzles. This change could result in a 99.95% reduction in Ethereum’s total energy consumption and pave the way for further improvements to improve speed and scalability.

It is not yet known when The Merge will be released, but the developers say it could happen a few months after June.

2. Ripple

Do you want a crypto– currency with use in the real world? Look no further than Ripple. Despite the current legal uncertainty, this finance-focused blockchain’s well-defined niche and impressive technical capabilities position it for long-term success in the competitive cryptocurrency industry.

While virtually any cryptocurrency can store and transmit value, Ripple takes it one step further by optimizing its design to excel in this use case. Transactions are fast and cheap – they are processed in just three to five seconds at a cost of 0.0001 XRP tokens (each XRP is worth $ 0.65 when written).

Blockchain developer Ripple Labs also has an enterprise-grade payment solution called RippleNet, designed to help large companies move money across borders using Ripple’s native token., XRP, and other traditional currencies. See the article: EU, New Zealand: cryptocurrencies “could” be a financial resource for travel visas. So far, the protocol has some high-profile partnerships, such as Spanish multinational Santander and global payments giant American Express.

Ripple’s real usefulness has caught the attention of US regulators, who are wondering if its developers violated securities law when they launched the blockchain. No one knows how this problem will evolve, but investors should remember that Ripple’s developer is a separate entity from the XRP tokens you buy or sell on exchanges.

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Be vigilant and consult your financial advisor before making any investment decisions. Mirror-Mag cannot be held responsible in case of bad investments. Before using any third party service, you should do your research.

Thomas E.
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