Crypto problems and how Solberg solves them
Hi everyone, the Solberg team is in touch! We are always pleased to announce the latest news and our development. You'll agree, a heart-to-heart conversation is better than responses from "the bot". Today we wanted to touch on a topic that gives the best understanding of the uniqueness and importance of our project.
Cryptocurrencies have become too popular; so much so that every second person will talk about both convenience and danger. Problems do arise, and each blockchain tries to solve them in its own way.
Let's call these "three problems with last V"!
Blockchain Vulnerability.
Without a single regulator, digital exchanges are a “weak point”. The PoW algorithm is already outdated at the moment, and its protection methods are not so effective even if you are an experienced player on the exchanges. And even PoS – «the perfect modern alternative» – is not completely secure if you know about «Fake Stake».
High Volatility.
Volatility is necessary for any financial market, because without it there would be no growth. However, this is also a constant problem for investors, and before investing it is important to assess the risk you are taking. You can fail on a popular project, being afraid to enter new crypto market, and vice versa.
Public point of View.
In the digital money market, Bitcoin has won «jus primae noctis» (“right of the first night”), captivating the public with its own innovations and perspectives, while it has a number of internal problems. Other cryptocurrency strategists are looking for or have already found solutions for these issues. Knowing only about bitcoin, people overlook its huge fees and complex system, given its critical points regarding energy consumption, lengthy validation, and lack of scalability.
There are enough problems, and the decisions of market leaders are still in doubt. We will tell you how Solberg copes with these problems.
1. Being a project based on Solana, we combine their algorithms and a smart ecosystem, which allows us to be practically invulnerable. Borrowed self-management system from PoS improves security efficiency, while PoH also helps to solve the problem of blockchain time and increase speed in network.
2. By blocking funds using smart contracts, the minimum energy consumption for block verification is kept. This not only saves resources but also creates a stable and more confident position for cryptocurrencies and exchange.
3. As the first to decide to combine staking and NFT in one platform, we allow new investors to develop fearlessly, generating staking income and rewards for everyone.
As you can observe, the world of cryptocurrency is strict, but it can be simple and free for everyone. And Solberg not only solves some of the known problems but also gives access to decentralized finance, supporting the transition to the Solana blockchain at all stages.
The main thing is to see the future, its perspectives. And there is a place for everyone in our future!
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