in News Articles September 19, 2022 – 6:49 am 0 51 Views
To succeed in investing digital money, you must choose the right ones. Its profitability should be considered so as not to be at a loss later. It is recommended to evaluate according to the following characteristics:
Livepeer or Theta? Today we will talk about the difference between these cryptocurrencies.
Cryptocurrency Livepeer entered the market in 2017. Since then, the network has grown. In July 2020, the company received $20 million in funding to further expand its network and resources. In particular, the developers stated that these resources will be used to expand the video infrastructure, accelerate the growth of the number of minutes transmitted over the network, and strengthen partnerships with other web projects3.
The LPT token is a multifunctional ERC-20 token, with all token transactions publicly transparent on Etherscan. The LPT token is the backbone of the Livepeer network, providing a seamless experience that benefits all parties involved in the decentralized video distribution process.
LPT tokens are used to pay fees for data transmission in the Livepeer network. In addition, LPT tokens reward the honest behavior of Orchestrators and Delegators. It is essential that network participants already have several LPT tokens. In addition, Livepeer provides LPT token holders with the opportunity to earn passive income through encryption with Livepeer network staking and LPT token security.
Theta is a governance token that operates on the Theta network. These tokens help secure the blockchain and use it to provide users with a lot of functionality.
Theta has demonstrated tremendous increase over the past 12 months. While such high development levels are certainly unsustainable, Theta is doing well and has a good chance of continuing to grow in the long term. Of course, as with any investment, there are certain levels of risk. It is still possible that there are external factors that could affect the price, such as the situation with the COVID-19 crisis in the crypto markets in March 2020. However, we believe that Theta could be an excellent long-term investment. If success is ahead, it remains to be seen, but there is undoubtedly a lot of good in the project already.
Which Is a Better Buy? You should understand the differencies between every coin from your list, for example Tezos vs Solana. It is recommended to buy a coin when its price is low, but still, there is a prospect of the future surge.
It will be difficult for someone who first got into the crypto market to understand which exchange to choose and which cryptocurrency to select. Then you will have to figure out which cryptocurrency is not fraudulent and will not appropriate your investments. Of course, if we take the top 10 coins by capitalization, this cannot be the case here. However, every crypto investor wants to find the very coin that will bring a few “X” to his capital.
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Tagged with: Bitcoin Cryptocurrency digital currency Livepeer Theta
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