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Top 10 Web 3.0 cryptocurrencies that will take over Bitcoin in the future

Cryptocurrency

Web 3.0 cryptocurrencies are decentralized projects that use smart contracts and automate Internet transactions.

Today, Blockchain technology is gaining momentum and is one of the most unique areas where it is speculated that progress is the Internet. As Web 3.0 networks operate through decentralized protocols - the building blocks of blockchain and crypto technology - we can expect to see strong convergence and a symbiotic relationship between these three technologies and other areas. Web 3.0 cryptocurrencies are decentralized projects that use smart contracts and automate Internet transactions. This article presents the first Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

Helium

Helium is a blockchain-powered decentralized network for IoT devices that uses a global network of low-power wireless hotspots to stream radio data to blockchain. The network uses a new algorithm, known as consensus coverage coverage, to validate that hotspots provide legitimate wireless coverage.

LINK is a blockchain abstraction layer that allows universally connected smart contracts. Not only does it have the ideal combination of a project with the right technology behind it, but it also has enough resources for further development. The best part: Chainlink has a great community. It is one of the best Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

Filecoin (FIL)

Filecoin is like the closet for Web 3.0. It is a decentralized storage network that serves as a secure alternative to centralized cloud storage and a passive way to make money. Filecoin can be used to store almost any type of data, be it audio files, videos, still images or text. He also claims that it is secure enough to store more sensitive information, such as private company information and records.

Audius

Audius is a decentralized music streaming platform that aligns the interest of artists, fans and node operators with its native token, AUDIO. The token can be used to govern, stake and stimulate artists’ earnings. Audius also rewards its creators by showcasing their music in their weekly trend lists. It is one of the best Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

Flux (FLUX)

Flux aims to provide the basis for developers to build this new iteration of the web. With Flux, users can develop Web 3.0 applications and decentralized projects and then deploy them to various networks. This is especially effective with FluxOS - a decentralized operating system designed just for Flux users. It also offers blockchain-as-a-service (BaaS), which is very similar to SaaS.

Theta (THETA)

Theta aims to be the state-of-the-art entertainment and video platform whose blockchain is powered by its users. It aims to facilitate the delivery of decentralized user videos, with validation nodes for businesses from Sony, Google, Samsung and other companies. It is one of the best Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

ZCash (ZEC)

ZCash is one of the first cryptocurrencies built for privacy, which was developed by a group of scientists from Johns Hopkins, MIT, and other eminent academic and scientific institutions. Interestingly, this privacy coin was originally built on Bitcoin code, with the only difference being a privacy option.

Livepeer

Livepeer is a decentralized video streaming network built on the Ethereum blockchain. It is the safe and most profitable participation of different actors in the streaming ecosystem. It has two main objectives - to share real-time videos and to encourage networking. It is one of the best Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

Kadena

Kadena is a scalable PoW layer-one blockchain protocol that is said to be capable of processing up to 4,80,000 transactions per second (TPS) through the use of branded chains. Unlike the top PoW Bitcoin cryptocurrency, Kadena offers smart contract capabilities similar to those in Ethereum.

Kusama

Investing in Kusama is like taking a detour through Polkadot and it is set to come true thanks to its proven track record for the success of the darts. Like DOT, developers are competing for a place in the Kusama network through chain auctions. Experts consider Kusama a profitable short-term investment because the network is older and stronger. It is one of the best Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

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