GSX is a futuristic stable coin that could one day replace Bitcoin as the king of the crypto sector. While this situation seems like it would take decades to accomplish, the truth of the matter is far different. GSX provides more stability, convenience, and security than its predecessors. This token combines the best aspects of every blockchain to create a truly unique financial tool. Here are just some of the ways GSX surpasses Bitcoin.
It’s no secret that Bitcoin is slow. This protocol approves blocks of transactions every ten minutes. This rate equals around 3-5 transactions per second. Sadly this is not realistic for the demands of a day-to-day cash system for the masses.
This lack of scalability came to the spotlight during the 2017 crypto break out. That year saw Bitcoin use and market value skyrocket. This added congestion stifled the Bitcoin network and caused record-long delays. In some instances, the fees to send a transaction were more than the transaction during this congestion.
GSX was built with scalability in mind. The platform can handle thousands of transactions per second with ease. Additionally, GSX features a faster block time. In this way, GSX improves upon Bitcoin’s original design.
GSX squashes Bitcoin in terms of security. Yes, Bitcoin is indeed the largest and most secure blockchain in the world today. However, this entire system relies on hash power to retain its security. With quantum computers approaching mass production in the next decade, the entire Bitcoin network is at risk.
A single quantum computer could disrupt the entire Bitcoin network. A single quantum computer is thousands of times faster than traditional PCs. Today they cost millions, tomorrow they could be thousands. The point is that the day is coming and you need to be prepared.
Bitcoin was the first cryptocurrency Dapp. While it’s still chugging along today, the definition of Dapps now encompasses a vast amount of different applications. GSX lives on the Apollo blockchain. Apollo is one of the most user-friendly programming blockchains in the world. The platform allows anyone to develop and issue tokens without any technical knowledge.
A big part of Dapps is smart contracts. Smart contracts were made famous by Ethereum. Etheruem is still the largest smart contract platform in the world. However, Ethereum has many drawbacks that subsequent platforms have rectified. GSX can leverage fourth-generation smart contract capabilities using the Apollo blockchain format.
Another area that Bitcoin lacks in is the ICO sector. The core coding of Bitcoin is to operate as a cash system. For that purpose it’s ok. Once you start to venture into crowdfunding and other blockchain applications, the rigid structure of the network makes it unable to compete effectively.
People that launch their ICO on the Apollo blockchain can utilize their GSX to make investments. The coin features a high level of interoperability. Since Apollo has endless use cases, it’s safe to say that GSX will find new value as time progresses and new markets emerge.
Bitcoin is volatile. This cryptocurrency can gain or lose thousands in seconds. While this volatility is great for swing traders, it’s not ideal as a currency. During the 2017 BTC scalability concerns peak, vendors were scared to accept Bitcoin in fear that the value would drop suddenly and they would lose their profits. To combat this, payment processors began to convert BTC sales directly into fiat currency at the time of sale.
GSX is pinned to Apollo Financials 5,000 square-foot mining operations. This lucrative venture includes vast gold-rich lands located on prime real estate. The price of GSX remains stable because both land and gold are assets that appreciate over time.
In this way, GSX is the only digital asset with a near 100% chance of appreciation. As the company mines more gold, the value of the land increases. At the same time, gold is experiencing record highs. Together these factors translate into higher dividends for GSX holders.
As owners of these operations, GSX token holders receive yearly dividends. These dividends are based on your GSX holdings. Amazingly, these earnings deposit directly into your account. It’s easy to see that the developers behind this platform went to great lengths to simplify the entire investment process for users.
Bitcoin pays no dividends to its owners. In terms of an investment vehicle, Bitcoin is only valuable as a tradable asset and a store of value. You don’t receive yearly dividends for holding BTC like when you hold GSX. These dividends can add up as the project expands to include thousands of acres of more gold-rich lands.
Another huge advantage of GSX residing on the Apollo blockchain is the fact that it can conduct major updates in a streamlined manner. Major updates to the system, also known as soft forks, can be a real pain for the entire community. In some instances, miners get confused as to what blockchain they are on and the entire process requires significant technical understanding.
Apollo allows for a gradual and smooth upgrade process. There is never a moment when you find that you’re not able to access the Apollo blockchain. It’s live 24/7 and for this reason, GSX is ideal for the future. It possesses true expandability and interoperability. Two features Bitcoin lacks.
Nobody can argue that Bitcoin will always be the first cryptocurrency. For this reason, there is no way to ever say a coin could “replace” it completely. That being said, it has been nine years and the market has developed considerably. The functionality of newer platforms far exceeds Bitcoin in nearly every aspect. That’s why its safe to assume that one day a coin such as GSX could topple the king. For now, GSX is exclusively available at GSXCDE.com.