In the past few years, blockchain technology has caught the attention of many software developers. These developers have collaborated to improve its functionalities and provide better service to users. Ethereum co-founder Vitalik Buterin identified the “blockchain trilemma” as the three main aspects of blockchain technology.
It is believed that the main issues facing blockchain technology are decentralization, security, and scalability. Blockchain developers are frequently confronted with these issues and are forced to choose one over the other.
Despite this, most crypto blockchain developers have strived to provide utilities dealing with blockchains’ trilemma. Solana (SOL) focuses on offering users decentralized and scalable platforms. The Revolutux (RVLT) crypto asset also provides users with decentralization, scalability, and security.
What are the additional utilities offered by these two crypto platforms? This article will highlight Revolutux (RVLT) and Solana (SOL) blockchain features. First, let us discuss the services offered within the Solana ecosystem.
Solana (SOL) Ecosystem
Solana (SOL) is a cryptocurrency blockchain designed to rival the Ethereum (ETH) blockchain. It can handle large volumes of transactions without slowing down. Solana processed over 70000 transactions in one second.
Solana was launched in 2017 as a decentralized smart contract-enabled cryptocurrency blockchain. Crypto innovators have successfully built several crypto projects on the Solana (SOL) network.
Solana’s (SOL) blockchain utilizes proof-of-stake and proof-of-history, a dual consensus protocol, to validate and secure its blockchain.
The SOL token powers the Solana blockchain. This serves as the means of payment for transactions within the Solana (SOL) ecosystem. There are 489 million SOL tokens in existence. These tokens will gradually be unlocked and released into circulation.
Revolutux (RVLT) Ecosystem
Revolutux (RVLT) is another proof-of-stake crypto platform hosted on the Binance Smart Chain network. Revolutux (RVLT) is still new to the crypto space. It is currently in its presale stage.
Revolutux (RVLT) runs on the Binance Smart Chain network. Its native BEP-20 token with the ticker symbol “RVLT” powers all transactions within the Revolutux (RVLT) ecosystem.
Like popular cryptocurrencies, the Revolutux (RVLT) cryptocurrency offers its users numerous rewarding opportunities. Crypto enthusiasts who decide to purchase and hold the RVLT token become eligible to receive rewards offered within the Revolutux (RVLT) ecosystem.
The Revolutux (RVLT) ecosystem has several rewarding opportunities; these are essential parts of the crypto platform operations. According to the white paper, a 10% fee will be charged on all transactions within the Revolutux (RVLT) ecosystem. This transaction fee is used to reward token holders.
The Revolutux (RVLT) reward system
Every transaction fee charged within the Revolutux (RVLT) ecosystem occurs in three stages: reflection, liquidity pool acquisition, and burning.
- Reflection: Reflection guarantees that part of the transaction fee in the ecosystem goes back to the community. In the Revolutux (RVLT) ecosystem, 50% of all transaction fees charged are redistributed back to all wallets holding the Revolutux (RVLT) token.
- Liquidity pool acquisition: 30% of all transaction fees are devoted to the liquidity pool. In this way, the Revolutux (RVLT) ecosystem will remain viable for a long time. Users will always have enough liquidity to carry out transactions. Therefore, stakeholders are assured that the cryptocurrency will remain valuable in the future.
- Burning: It involves the Periodic removal of Revolutux (RVLT) cryptocurrencies from the total circulation. This removal induces scarcity and increases the value of the cryptocurrency over time. 20% of all transaction fees charged within the Revolutux (RVLT) ecosystem are burned.
The Revolutux (RVLT) ecosystem issues its native BEP-20 crypto asset. This cryptocurrency powers all transactions within the Revolutux (RVLT) ecosystem. Unlike the Solana (SOL) cryptocurrency, Revolutux (RVLT) is still in its presale stage. Stage one of the presale is ongoing and will run until Wednesday, October 5, 2022.
Participating in the presale before stage one ends makes participants eligible to receive a 7% bonus. Other cumulative rewards available within the Revolutux (RVLT) presale include an 8% bonus for users who buy the presale with BNB tokens and the 5% bonus awarded to Ethereum token users.
Additionally, presale participants will receive a $40 bonus when they refer others to the Revolutux (RVLT) presale. Once the referred individuals purchase $200, both parties will receive the $50 bonus.
Conclusion
Revolutux (RVLT) is a new cryptocurrency with untapped potential. However, you must purchase and hold the Revolutum (RVLT) token to enjoy its growth. Learn more and participate in the ongoing presale with the links below.
Website: https://revolutux.com
Presale: https://begin.revolutux.com/register
Telegram: https://t.me/RevolutuxOfficial
