3 Crypto Projects Increasing Blockchain Capability: Big Eyes Coin, Cardano, and Cosmos
The post 3 Crypto Projects Increasing Blockchain Capability: Big Eyes Coin, Cardano, and Cosmos appeared on BitcoinEthereumNews.com. Cryptocurrencies have set out to change the world for the better and there is no doubt about this. People, especially users of...
Cryptocurrencies have set out to change the world for the better and there is no doubt about this. People, especially users of the internet, have been introduced to a better and more innovative way of conducting transactions, being entertained, and generally doing anything on the web.
The introduction of cryptocurrency also brought about a new way of viewing and making money. With cryptocurrencies, users can take charge of their finances, and safely transfer and store value and centralization has been taken out of the equation.
Big Eyes Coin (BIG) is a new meme cryptocurrency that’s already become popular even before its official launch on major exchanges. The token is a new and promising one that has a lot of exciting features in store for its users and the crypto community.
The Big Eyes (BIG) ecosystem promises to provide a highly secure and user-friendly environment for trading through its decentralized exchange platform- Big Eyes Swap. Decentralization will also be a huge part of the network with every user who is a holder of BIG tokens being a major stakeholder in the network. This means that users can take part and be actively involved in the development of the ecosystem.
The Big Eyes (BIG) ecosystem will be big on NFTs. Non-Fungible Tokens have become highly popular in recent times and they serve as valuable parts of crypto projects. Big Eyes NFTs will be valuable as well and holders will be granted access to exclusive events as well as the platform’s NFT Club- Big Eyes Sushi Club. The protocol will be built on the Ethereum network, which means users will have access to security, scalability, and other benefits the popular Blockchain provides. Big Eyes Coin (BIG) has shown to be different from other meme coins out there and the token is likely to be one of the top cryptocurrencies in the market.
Cardano (ADA) is a third-generation Blockchain powered by its native cryptocurrency, ADA. The platform was created to improve scalability without compromising decentralization and network security. The network is a unique Blockchain-based protocol that takes a peer-reviewed approach in its development. All changes to be made on the Cardano (ADA) network have to be reviewed and agreed upon by people in academia.
Cardano (ADA) developed its own Proof-of-stake (PoS) consensus mechanism that removes the need for competition in the production of blocks. This mechanism is known as Ouroboros, which allows the network to be split into slots and randomly select nodes or slot leaders to mine new blocks for rewards. Ouroboros eliminates security threats by adding randomness to the network.
Cardano’s Proof-of-Stake (PoS) mechanism allows users to stake their ADA tokens for a chance to validate transactions. The staked ADA tokens serve as collateral and users earn rewards after successful validation.
Cosmos (ATOM) is a Blockchain network built to foster transactions and communication between diverse Blockchain networks. The network does this successfully by linking blockchains together using the Inter Blockchain communication (IBC) protocol. These Blockchain networks that are linked together maintain their integrity and uniqueness through another technology deployed on the network known as Tendermint Byzantine Fault Tolerance (BFT). Tendermint BFT combines Cosmos’ networking and consensus layers into one single engine.
With Tendermint, developers can concentrate on decentralized applications (dApps) creation without worrying about protocols. The technology also provides the Cosmos (ATOM) network with security, increased block execution, and instant finality. The ATOM token is the native token of the network that backs it. Users can stake their ATOM tokens and earn interest.
It is hard to ignore platforms like Big Eyes Coin (BIG), Cardano (ADA), and Cosmos (ATOM) which are making major efforts to develop robust blockchain ecosystems that look to push crypto adoption. Use the promotional code BCUTE749 to get BIG at a discounted price.
Big Eyes Coin (BIG);
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