Currently, Blockchain technology is gaining more users. 5 years from now, Blockchain has the potential to be one of the most widely used technologies. But among the most unique areas where it is expected to make progress is the internet. Web 3.0 networks work through decentralized protocols that are the founding blocks of Blockchain and cryptocurrency technology. Networks automate transactions through their own cryptocurrencies. These assets are available in the market as Web 3.0 coins.
These 5 Web 3.0 coins can surpass Bitcoin
Web 3.0 will make it possible for applications and websites to process data in a much more decentralized way. When this happens, the third age of the internet will have started. Web 3.0 continues to evolve thanks to new technologies such as big data, machine learning, blockchain, and cryptocurrencies. According to crypto analysts, some projects have already started to show themselves. Five of them have the potential to surpass even Bitcoin in the future. Now let’s move on to analysts’ favorite Web 3.0 coin projects.
IoT device infrastructure Helium (HNT)
Helium (HNT) is a decentralized network built on Blockchain. This network uses a consensus mechanism called Proof-of-Coverage to connect Internet of Things (IoT) devices. If a user has low-power IoT devices, they can create their own wireless network infrastructure with Helium. This allows devices to communicate with each other. Devices communicate with nodes, called “hotspots”, each covering a specific area of the network. “Hotspots” can be used or purchased for crypto purposes such as mining. The project’s Web 3.0 coin asset HNT is used for this.
Decentralized cloud service Filecoin (FIL)
Filecoin users is a decentralized cloud storage service. It basically works like Google Cloud and Microsoft OneDrive. But unlike them, it uses Blockchain technology and decentralization. Users can provide storage services through their own computers by joining the network. Other users rent space on their hard drives. In return, they receive FIL awards. Filecoin has the advantages of storing artwork in NFT format. Experts expect this Web 3.0 coin project to be the cloud service of the future.
Web 3.0 application development platform Flux (FLUX)
Flux is a Blockchain project that offers tools for developers. This project enables developers to create their own Web 3.0 applications. It also allows them to be deployed to several networks at the same time. Users access these features using the oracle design of Flux, which has a completely decentralized infrastructure. This makes it possible to use both on-chain and off-chain data in applications.
File sharing ecosystem Bittorrent (BTT)
BitTorrent is a decentralized peer-to-peer (P2P) file sharing platform. This platform has more than 2 billion users and 200 million wallets. It has apps for Mac, Android, Windows and other operating systems. It claims to be “the world’s largest decentralized network” and makes it possible to download secure torrent software. However, users can take advantage of benefits such as virtual private network capabilities and ad-free browsing by paying with BTT, the platform’s Web 3.0 coin asset.
Oracle network Chainlink (LINK)
Chainlink is one of the largest Oracle networks in the Blockchain world. This network supports the development of smart contracts based on real data and runs on the Ethereum Blockchain. Its ability to integrate with any Blockchain network makes it stand out. Users make extensive use of a platform for Oracle services. Recently, demand for LINK, Chainlink’s Web 3.0 coin asset, has increased. Ethereum whales show great interest in LINK.
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