There are many reasons why Bitcoin is the most popular cryptocurrency. Its blockchain is one of the reasons the value of Bitcoin will continue to rise. A blockchain is a digital ledger of transactions that is duplicated and distributed across a network of computer systems. Many blockchains support one or more cryptocurrencies. A cryptocurrency or crypto token is a digital currency that has no regulating authority and instead uses a decentralized system to record transactions. It relies on cryptography to prevent fraud and counterfeiting. To support cryptocurrencies and other transactions, blockchains need minors and nodes. Miners record transactions and synchronize them with other miners, upholding the integrity of the blockchain. Miners are compensated. A node keeps a full copy of blockchain transactions yet typically is not rewarded. The more nodes running on a blockchain the more resilient it is against catastrophe and corrupt actors. While all nodes are beneficial, full nodes with a copy of the blockchain with 24×7 uptime provide the most value. Nodes are critical to the infrastructure of a well-performing blockchain, they are hard to create and expensive to operate. From a personal perspective, it may not be a profitable decision to run a full node by yourself.
Strong is a cryptocurrency that was created in 2020. StrongBlock makes it easy for people to buy and run their own nodes. Using their own Nodes-as-a-Service application people can launch blockchain nodes in seconds. You need obsoletely zero equipment besides a cellular device or PCPeople will receive rewards for maintaining the node. On top of receiving rewards, users can also receive Strongblock NFTs which are already being sold on Opensea.
Tokenomics
Total Supply 523,990
Current Price $527.80
Circulating Supply 138,269
Max Supply 528,886
Market Cap $72,977,746
People can visit StrongBlock to learn more about $STRONG and its platform here. The current price of $STRONG can be found at Coinmarketcap. If you would like to watch a video that explains StrongBlock click here. Would you have invested in owning your own iCloud back in 2015? If your answer is yes, then investigate buying a StrongBlock node. Although the price of a StrongBlock node is currently $5300,STRONG will be offering fractional nodes where you can potentially use 1 STRONG token. The rewards would be less than a normal node, but allows for more accessibility to create a node. The blockchain and its bells and whistles are here to stay.
In order to pay cheap gas fees when paying for the $STRONG maintenance fee follow the guidelines below:
– Click pay all node fees –
Click edit in the estimated gas fee section of MetaMask–
Click advanced options –
Set max GWEI to 80 –
Press OK It might take a few hours (usually overnight) but it will get accepted.