Binance, according to our rating, is the second largest crypto trading platform in terms of trading volume and number of platform users.
The Founder of the crypto currency, Changpeng Zhao, has recently said “any project with millions of users has value”. According to the company new crypto assets with value that has begun trading will be considered on their platform.
Based on the statement credited to Changpeng Zhao, these top five trending Networks in 2022 may be considered by Binance soon:
1. Pi Network
Pi Network is a digital currency project reportedly developed in March 2019 by a team of Stanford University graduates. The Pi Network basically enables users to use their desktop/mobile apps to mine Pi coins and verify transactions on distributed records.
According to its developers, the Pi coin is the first cryptocurrency that can be mined entirely on one’s mobile phone. All you need to do is just download the Pi network app and get an invitation code from one of the existing trusted members.
Pi Network has already began it’s enclosed mainnet transaction and it’s expected to launch its mainnet before the end of this year. Presently having over 35 million active users, Pi Network has been trending the internet in recent couple of weeks.
2. CORE mining
According to mentorslinks Core mining has over 10 million active participants in over 100 countries globally. It is an evolution of the Geth codebase, as it leveraged the improvements made by the BSC team to add greater throughput and cheaper transactions by way of hard fork. Nevertheless, CORE differ from BSC in many ways.
One preeminent difference is that Core is based on Satoshi Plus Consensus, which relies on Proof of Work (PoW) alongside Delegated Proof of Stake (DPoS). With these modifications, CORE is able to remain decentralized without the performance tradeoffs seen in traditional PoW consensus systems.
Additionally, with the CORE hybrid score based off of both delegated Bitcoin hash power and delegated stake, we’ve created a fluid market for validators and rewards that anyone can participate in.
With it’s fast growth rate, Binance may consider integrating it Satoshi (SATS).
3. Cheat Moon
Cheat Moon is a new generation Blockchain platform using the Che-IT consensus algorithm with the ability to rival centralized authorities.
Cheatmoon is a new DeFi network founded on the belief that it is your basic right to control and protect your money, digital footprint and identity. We believe that decentralization holds the key to empowering people around the world to better safeguard their assets, and that we are helping the world move in this direction by democratizing the earning of cryptocurrency. Alongside we’re aiming to reinforce the security, fairness and technological potential of blockchain networks as they were initially intended. Cheatmoon is a decentralized cryptocurrency, meaning that it is secure digital cash operated by our community network of users. Transactions are confirmed by a distributed consensus and third parties do not need to be trusted to keep your Cheatmoon coins safe.
Cheat Moon is estimated to have over 7 million users globally.
4. Star Network
Star Network is a social DeFi (Decentralized Finance) network with the core objective to rebuild the financial world in a decentralised way by social power. With the Star Network mobile app, an all-in-one Social DeFi app, you can earn tokens, initiate P2P transfer, communicate and play mobile games with your peers and any other users within our Star Network global community. It’s an invitation-only platform. It lets users grow their balance of Star as a reward for inviting their trusted people to join the network. Star is a new form of digital currency. It also serves the function of social communication and peer-to-peer transactions between users. When the project develops and evolves, Star Network will develop its own blockchain main net for Star and list Star on major exchanges, also offer further decentralized finance solutions like decentralized financing, wallet & payment, crypto exchange and furthermore.
It is missioned to be one of the world’s largest one-stop decentralized financial platforms.
Star Network capitalizes on democratizing the earning of cryptocurrency and the use of blockchain technology to everyday people, while mainstream cryptocurrency network like Bitcoin Network has set entry barrier too high that only a handful of professionals with in-depth knowledge and abundant resources can stand a chance in to earn a new coin.
Star Network enables users to earn Star easily through the mobile app, this is contradictory to the huge energy wastage incurred by supercomputers when earning Bitcoin. Star Network also recognizes user contribution to the build-up and development of the network in which users will be rewarded with extra Star balance when users have invited new joiners to join the network.