A common problem in cryptocurrency is that individual blockchain networks do not easily communicate with each other. This issue prevents crypto assets from being transferred across different networks. SUPONTIS aims to be the best project when it comes to blockchain interconnection.
Blockchain is a hack-proof system that is run in cryptocurrency. Many tokens of projects exist on different types of blockchain network consensus either on Bitcoin’s ($BTC) proof-of-work (PoW) or Ethereum’s ($ETH) proof-of-stake (PoS) and Decentralized Autonomous Organization (DAO)
SUPONTIS wants to be the bridge that connects all blockchain networks. Despite their advantages, it is difficult for these blockchain networks to have a smooth interconnection over asset transfer between them. This article will consider beneficial ways SUPONTIS ($PON) can improve blockchain interconnections and how the project compares to COSMOS ($ATOM) and POLKADOT ($DOT).
FEATURES IN THE SUPONTIS ECOSYSTEM
The SUPONTIS platform aims to revolutionize the way blockchain networks communicate smoothly with another network, where they can discuss and build exciting projects and use cases for the benefit of users and investors in the cryptocurrency market.
The heart of SUPONTIS is its native token, $PON. This token is operated on BNB SmartChain to allow faster transactions at low cost.
Consider the ways SUPONTIS ($PON) can improve the Blockchain interconnection:
Cross-Chain Asset Transfer: Blockchain is home to thousands of crypto-assets across different blockchain networks. SUPONTIS ($PON) builds a two-way mechanism that facilitates the easy transfer of assets from an initial chain to the final chain.
SUPONTIS supports easy linking between assets existing on Ethereum ($ETH), Tron ($TRX), BINANCE ($BNB) and Fantom ($FTM).
• Community-driven structure: SUPONTIS ($PON) operates a decentralized autonomous organization (DAO) structure where operational decisions are made by the community of users who hold $PON tokens. Members who hold $PON tokens can decide the future of SUPONTIS and vote on incoming projects. Members with large $PON tokens can bring forward their proposal via democratic voting.
•Stake rewards: To improve project integrity, SUPONTIS adopts proof-of-stake consensus where members can lock in their $PON tokens to provide liquidity to crypto projects.
This initiative incentivizes users in the SUPONTIS ecosystem to keep a large bag of $PON tokens in their wallets. Users can play at any time without penalty. As a result, members enjoy passive income from their efforts.
SUPONTIS ($PON) aims to encapsulate all aspects of blockchain technology, allowing users to benefit from accessing different use cases and networks. This project ensures improved cross-communication between users of different blockchain networks.
SUPONTIS, COMPARED TO POLKADOT ($DOT) AND COSMOS ($ATOM)
Developers call COSMOS “the internet of blockchains”. Cosmos allows users in different blockchain networks to interact and transact seamlessly. Cosmos solves scalability issues where specific blockchain networks rely on Proof-of-Work (PoW) consensus, which is slow and expensive. Cosmos allows these networks to leverage the capabilities of other networks, enhancing their range of applications. $ATOM is the original token of COSMOS
POLKADOT is a blockchain network that provides interoperability between users of different blockchain networks. Polkadot allows tokens and data transfer between networks to speed up the transaction process by using parachains and parathreads to unify the blockchain networks. $DOT is the native token of POLKADOT. $DOT tokens enable holders to become validators of the Polkadot chain and stake their tokens to receive passive income.
SUPONTIS combines these two existing platforms’ operations and makes them better. Moreover, it allows users to interact freely, share data and tokens easily, and access other Web 3.0 technologies to improve scalability and usability for members of different blockchains.
Final Thoughts: Supontis could be a successful future endeavor
In cryptocurrency, having Bitcoin ($BTC) in your wallet and needing to use Ethereum ($ETH) is a common scenario and the transactions are complex.
This scenario is why blockchain bridges are needed; to allow easy change of assets while retaining the value of such assets with low transaction fees.
Despite individual blockchain networks and their different consensus mechanisms, SUPONTIS is the SUPERBRIDGE to connect all blockchains.
Follow these links to join Supontis:
Pre-sale: https://register.supontis.com
Website:
