Cryptocurrencies are the hot new thing in the world of finance. And while they are still a relatively new concept, Big Eyes Coin (BIG), Ethereum (ETH), and Cosmos (ATOM) have already taken on an important role in society.
The general reasons why these cryptocurrencies are so important are that they are decentralized, offer anonymity, and can be used to exchange money faster and more easily than traditional currencies. This means that they allow people to pay each other without having to wait for banks or other financial institutions to process transactions. But what makes each one stand out from the crowd?
Big Eyes Coin (BIG), albeit still in its presale stage, is paving the way for the eventual success of meme coins. As the native cryptocurrency for the Big Eyes platform, the BIG token is putting its community first by putting in place several competitions, events, and giveaways.
The Big Eyes community will receive BIG tokens as payment, in exchange for their contributions to the expansion of the platform. Clients and buyers of the Big Eyes Coin will be able to exchange their currency on safe grounds without worrying about fees, taxes, or other expenses. The fact that holders of the Big Eyes Coin (BIG) are not charged a fee for exchanges or transactions, sets Big Eyes Coin apart from other coins.
Big Eyes Coin (BIG) has the potential to be listed on major exchanges as this will generate more awareness and popularity for the project. Several digital currencies are currently in a plunge because of the crypto winter; as a result, Big Eyes is on the top list of anticipated novel coins that will save the crypto industry. Judging from the ongoing success of the presale, Big Eyes is on its way to greatness.
Ethereum is a blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. It supports its native cryptocurrency, Ether (ETH), which has a monetary value. The platform’s native token can be transferred between participants, forming a peer-to-peer payment system.
Ethereum was proposed in late 2013 by Vitalik Buterin, a programmer involved with Bitcoin Magazine, and launched in 2014. Ethereum’s ability to host other cryptocurrencies including its Ether currency means that it can act as a gateway for people who want to use them and hold them in their wallets. This makes Ethereum an ideal cryptocurrency for those looking for a way out of the traditional financial system because it allows users to store their assets on its blockchain.
The Cosmos project is a public, proof-of-stake (PoS) consensus mechanism The Cosmos team aims to provide a scalable, highly secure, and decentralized platform for building Decentralized Applications (dApps). Cosmos was initially built on the Ethereum blockchain but operates independently from it and uses its native token, Cosmos.
Utilizing the Cosmos cryptocurrency, the Cosmos ecosystem is made up of three layers. The first/core layer contains all the data required for execution and governance, including smart contracts and an oracle system to guarantee their validity. The second/organizing layer makes sure that all participants have access to reliable information about the network’s state and rules. The second layer also provides tools for developers to create new applications and services on top of Cosmos’ infrastructure.
The third/application layer offers tools for developers who want to build decentralized applications (Dapps) on top of the Cosmos protocol. Dapps are essentially smart contracts that run on top of the Cosmos blockchain instead of being written in a special language like Solidity or confined by its limitations like Ethereum’s Virtual Machine (EVM).
More Information On Big Eyes Coin (BIG) In The Links Below:
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
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