Opal priceOPAL

Opal is a cryptocurrency that made its entry into the market in 2014 and has now been in existence for several years. It was created with the goals of improved security, privacy, and speed. Opal uses a new algorithm known as OpalPoS that works to create a more secure blockchain. This algorithm is not like the traditional proof-of-work that is used by many other cryptocurrencies. Opal's unique algorithm PoS enables users to gain more coins through mining without requiring a lot of computing power. In addition, it makes it difficult for attackers to take control of the network or to launch 51% attacks. Furthermore, Opal utilizes the technology known as TOR, which keeps the users' identities private while transactions are being made. Opal's ecosystem is growing pretty fast, and there are currently a couple of merchants accepting the currency. Through the simple to use OpalPay, users can transact with each other privately and securely. Opal's secure architecture, fast transaction times, and emphasis on privacy make it a popular option for many individuals. It provides a great platform for users to store value, make transactions, and exchange funds. With the incredible benefits offered by Opal, it is no surprise that it is quickly becoming more popular in the cryptocurrency space. In conclusion, Opal's use case has been adapted to serve more than just traders. The Opal blockchain is being used in other fields like gaming, internet of things, payment systems and many more. These developments have increased its overall credibility in the cryptocurrency space.