Will CashFi (CFI), Mina (MINA) and Chainlink (LINK) gain traction after the Ethereum Merge?

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A revolution is coming. Cryptocurrency is spearheading it through transparent and efficient transactions. CashFi (CFI), Mina (MINA) and Chainlink (LINK) are three coins asserting themselves  and we intend to take a look at each here. 

Will CashFi (CFI) be the best liquid-staking platform?

Currently, in its embryonic pre-sale phase, CashFi (CFI) will provide the architecture to build the ideal ecosystem to provide top-tier liquid staking, NFT, and synthetic services. Being an ERC20 token, CFI is the new kid on the block of decentralised tokens.

The token is interested in the Ethereum platform. The platform’s development is entwined with the progression of CFI. 

The Ethereum Merge, if it succeeds, will spark further decentralisation. What will this mean? Lower transaction fees and faster, more efficient service. 

The platform’s intention is for users to be able to manage their cash using CashFi liquid staking. At the forefront, they place a seamless user experience. This is done with its CFI Synths, the network will be able to provide users with access to a wide range of assets with high liquidity. Users can expect reduced legalities, organised trade, and a cultivated partnership built on trust. 

The PoS (Proof-of-Stake) platforms would be facilitated by providing a one-to-one pegged ERC-20 liquid staking representation token on the Ethereum blockchain platform. 

Is Mina (MINA) the lightest blockchain coin?

Unlike many cryptocurrencies out there, Mina (MINA) uses a zero-knowledge technology with the blockchain only being 22 kilobytes, compared to the Bitcoin blockchain, which is 400 gigabytes. 

The platform uses a privacy-preserving data compression which processes data and transactions with minimal metadata. Within Mina’s zkApps, users’ privacy is being protected by validating and sharing proofs of their data, rather than the data itself. Essentially, you only have to verify your identity in one way. Any risk of your personal data being hacked or sold should be eliminated; a feature sure to appeal to its users as online security becomes more and more salient. 

Presently, the developers are building a bridge between Mina and Ethereum, so that dApps have the ability to take advantage of other chains while preserving data verification, efficient proofs of large computations, and secure login features of Mina’s zkApps. 

Developers are connecting the real world with the crypto one by using zkApps to privately interact with any website and access verified real world data for on-chain use.

Of tantamount importance is strong censorship, resistance, and security on the blockchain. Mina’s lightweight size means that anyone can connect peer-to-peer and validate transactions as though it were a full node. 

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Is Chainlink’s (LINK) update worth investing in?

Chainlink (LINK) is a decentralised oracle network known to be one of the largest oracle projects in the entire cryptocurrency ecosystem, having secured more than 1,320 decentralised finance projects in just three years. To connect highly accurate and available data/APIs to any smart contract, the platform offers a reliable and tamper-proof network using trusted nodes, premium data, and cryptographic proofs. 

The developers have recently released the anticipated Chainlink 2.0, presenting a new roadmap including token staking. The platform has explicitly stated they want to give “ecosystem participants and investors the chance to increase the security guarantees and user assurances or oracle services by backing them with staked LINK tokens.”

The ability to earn fees alongside the capacity for nodes to receive jobs on the network will be improved by staking LINK

In its pre-sale phase until September 26, 2022, CFI is absolutely a token you want to consider before its price reaches untenable levels due to the exclusivity of this coin. 

Learn more about it by clicking on the links below:

Presale: https://enter.cashfi.finance/register

Website: https://cashfi.finance/

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