According to expert opinion and data, two altcoin He wants to be the shining star of 2023. Behind this claim of these two projects is the claim that they offer a ‘real’ solution to the problems in the blockchain world.
As Koinfinans.com reported, Chainlink (LINK) and Polygon (MATIC) have already grown according to on-chain data. It is expected that this growth will trigger a strong increase in 2023.
As a matter of fact, in addition to these two popular projects, two different altcoins that have been overlooked are among the most ambitious candidates of 2023.
Optimism (OP)
It is obvious that Ethereum (ETH) is one of the most powerful projects of the future with its updates throughout 2022. The network took a big leap forward by switching to the proof-of-stake consensus mechanism in The Merge in September. Altcoin will also be rolling out The Surge update soon.
The Surge aims to increase the scalability and capacity of the altcoin. As a result; the network promises to process up to 100,000 transactions per second. The upgrade will also reduce the cost of saving information on the Ethereum network.
Compressing data on the network is critical until The Surge hard-fork happens. The most popular project that solves this problem is Optimism.
Optimism, an Ethereum Layer-2 project, promises lower fees and faster transactions. In addition, it provides security for the leading altcoin Ethereum.
While the project is already quite strong and well-known, it may expand its impact in 2023.
The Graph (GRT)
API usage is one of the most important issues in today’s IT world. APIs that connect software, systems and applications are also very important for the blockchain and altcoin world.
Despite its great usefulness, the biggest problem with APIs is that they are centralized. If this central server is attacked or fails, the applications will also become dysfunctional.
focused on solving this central problem. The Graphhelps to create decentralized APIs called subgraphs. Just as Chainlink has become important to the DeFi ecosystem by offering decentralized oracles, The Graph shows a lot of potential for the same industry.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.