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Substratum SUB
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Substratum is an open-source network that aims to eliminate internet censorship by providing a decentralized VPN. It allows users to connect to the network using Substratum Tokens ($SUB) and access censorship-free content from anywhere. Substratum also offers a Smart Contract upgrade and token swap to address concerns and enable monetization of the network.
What makes Substratum unique?
Substratum differentiates itself from other cryptocurrencies in a few ways. Firstly, it utilizes Substrate, which is a decentralized web platform that fuels its operations. This platform allows for efficient and low-latency communication, thanks to its best-in-class compression technology.
Additionally, Substratum aims to simplify the understanding and adoption of cryptocurrencies for the general public. It uses the linguistic equivalent of dollars and cents, called "atoms," to represent values, making it easier for people to grasp the concept. This approach is aimed at increasing mass adoption rates.
Furthermore, Substratum initially planned to offer three products: the Substratum node, Cryptopay, and another product yet to be revealed. These products were intended to provide significant utility to token holders and drive positive growth for the token. However, there have been changes in the roadmap that have affected the utility and direction of the project.
It is important to note that Substratum faces competition from established players in the industry. Coinbase Commerce, for example, offers feeless purchasing of goods and services and has a large network and user adoption. Similarly, Amplify faces competition from Binance Chain, which is developing its own decentralized exchange. These competitive challenges highlight the need for Substratum to continue innovating and differentiating itself in the market.