The internet is one of the specific areas where blockchain technology is expected to make development. As Web 3.0 networks use decentralized protocols, the building blocks of blockchain and crypto, we can expect a strong convergence and symbiotic interaction between these three technologies and other sectors. Web 3.0 coins employ smart contracts to automate internet transactions.
Helium
Helium is a decentralized blockchain-powered IoT network that uses a global network of low-energy wireless hotspots to broadcast data through radio waves, which is then stored on the blockchain. To ensure that the hotspots are providing real wireless coverage, the network employs a new technique known as proof-of-coverage consensus.
Chainlink
LINK is a blockchain abstraction layer that enables smart contracts to be universally connected. It not only represents the optimum coupling of a project with the appropriate technology, but it also has sufficient resources for its development. The nicest aspect is that Chainlink has a fantastic community. It is one of the best Web 3.0 cryptocurrencies that will eventually supplant Bitcoin.
Filecoin (Filecoin)
Filecoin is the filing cabinet of the Web 3.0 world. It’s a decentralized storage network that may be used as a secure alternative to centralized cloud storage as well as a passive income source. Filecoin may hold practically any sort of data, including audio, video, still photos, and text. It also claims to be safe enough to hold more sensitive data, such as confidential company records and information.
Audius
Audius is a decentralized music streaming network that uses its native token, AUDIO, to align the interests of artists, fans, and node operators. The coin can be used for governance, staking, and remunerating artists. Audius also recognizes and compensates its producers by include their music in weekly popular lists. It is one of the best Web 3.0 cryptocurrencies that will eventually supplant Bitcoin.
Flux (FLUX)
Flux’s goal is to lay the basis for developers to build out this next web iteration. Users can utilize Flux to create Web 3.0 applications and decentralized projects, which they can subsequently deploy over several networks. FluxOS, a decentralized operating system created just for Flux users, makes this even more efficient. It also provides blockchain-as-a-service (BaaS), a comparable service to SaaS.
