Community Insights

Big Eyes Coin And Ethereum Are Two Cryptos That Care About Our Environment

January 10, 2023 | by TI Partners | 0

Cryptocurrency has been a hot new topic for a few years now, blasting off into our social sphere in 2020 during the worldwide Covid-19 pandemic. Now everyone and their grandparents have heard about cryptocurrency. This leaves the question, what is cryptocurrency? Crypto is a form of currency that runs on a blockchain system. This stores information in a private decentralised database, making crypto a perfect way to store your money without the hassle of banks or building societies.

However, it is now a trendy commodity, but it hasn’t always been very good for our environment. The first cryptocurrency made was Bitcoin (BTC), and the consensus method the development team released for its blockchain technology is very harmful to the environment. This technology was the baseline for most cryptocurrencies that emerged after Bitcoin, so it is prevalent everywhere and produces many carbon emissions.

However, some cryptocurrencies want to go against this and change the tide. Ethereum (ETH) and up-and-coming presale meme coin Big Eyes Coin (BIG) are among these cryptos.

Big Eyes Coin Aims To Help Clean Our Oceans

Big Eyes Coin (BIG) is a new presale meme coin. Though not yet launched on the market, it is experiencing tremendous success. It is close to hitting the $13 million mark and is only set to go on and make even more money in its presale. With an adorable cat mascot and an ambitious but attainable roadmap, there is no doubt that it will go on to be one of the greatest meme coins on the market post-launch.

Though becoming a successful cryptocurrency is one of Big Eyes Coin’s main goals, it also wants to make a difference and help the environment. The cat mascot is adamant about saving the oceans and helping keep marine life thriving. This has made the coin put aside a massive 5% of the total BIG tokens into a separate charity wallet. These BIG tokens will then be donated to numerous ocean-saving charities.

One of the charities Big Eyes Coin has already donated to is Sea Shepherd. This fantastic organisation helps clean and safeguard the ocean. This is among one of the many great things about Big Eyes Coin and should definitely impact your decision to invest in the coin.

Ethereum’s Merge Has Helped Reduce Carbon Emissions By 99%

Ethereum (ETH) is the second-largest cryptocurrency on the market. It initially used the proof of work consensus method but has now changed to proof of stake after the Merge. The proof of work consensus method required investors to solve complex mathematical equations to add new blocks to the blockchain. These equations were usually solved using supercomputers. This consumes large amounts of energy and is awful for the environment.

However, after Ethereum went through the Merge, it now uses the proof of stake consensus method. This method uses stakeholders to add new blocks onto the blockchain and therefore does not require using supercomputers anymore. This has reduced Ethereum’s (ETH) carbon emissions by 99%! This is a big win in the fight against climate change. It is great for the environment and allows people without supercomputers to add to the blockchain and get rewarded with ether. This makes it perfect for investors and the environment!