For example, computing power (or the speed and number of processors deployed to generate cryptos) and storage capacity of a system are considered crypto commodities. Another example is Ethereum’s blockchain because it is used as a building block to generate smart contract tokens. Several large organizations have come together to form an Ethereum Enterprise Alliance (EEA) in order to establish a framework and common technology to make apps using its blockchain. As cryptocurrencies continue to evolve, unique opportunities exist for both short-term traders and long-term investors.
This crypto asset backs a self-sustaining decentralized blockchain network that is currently working towards becoming one of the biggest dApp (decentralized apps) hubs in the world. At the moment, the project is operating on a bridge that would bring Ethereum compatibility to the Algorand blockchain, which will attract a lot of much-needed liquidity to the project. All these factors suggest that the industry is on an uptrend and is likely to continue growing for a long time. That is why millions of investors strive to find out what will be the next cryptocurrency to explode. The rewards, which add up 24/7, are usually paid out as crypto tokens that can be harvested.
