The rise and emergence of cryptocurrencies have been a phenomenon that has captivated the world. With the advent of blockchain technology, cryptocurrencies have become a viable alternative to traditional forms of currency, offering a decentralized and secure way to store and transfer value. This rapid growth has attracted the attention of investors, entrepreneurs, and even governments, who are starting to recognize the potential of this technology. As more and more people become aware of the benefits of cryptocurrencies, people will likely see their use become even more widespread in the coming years.
New cryptocurrencies like Big Eyes Coin (BIG) are paving their way in the crypto market and will soon compete with major crypto coins like Theta Network (THETA) and Chain (XCN).
Big Eyes Coin: DeFi Meme Cryptocurrency
Big Eyes Coin (BIG) is a digital currency that has been gaining popularity in cryptocurrency. It is a decentralized, peer-to-peer (P2P) currency, which means any central authority or government does not control it. This allows for fast and secure transactions and a high level of anonymity for users.
Utility Of Big Eyes Coin
One of the key features of BIG is its use of proof-of-work (PoW) and proof-of-stake (PoS) mining algorithms. This allows users to earn rewards by contributing their computing power to the network and helps to ensure the security and integrity of the network.
Chain – Digital Asset & Payment System
Cloud blockchain infrastructure enables organizations to build financial services from the ground up. For example, Chain (XCN) has launched Chain Core, an open-source and authorized blockchain. Customers can receive discounts and pay trading fees with Chain Tokens (CHN) and participate in community protocol governance and access to features.
This protocol is designed to be a shared, multi-asset cryptographic ledger that supports the coexistence and interoperability of multiple independent networks with many operators, sharing capabilities, and formats.
Users can utilize various services within Chain Cloud to meet their web3 products and blockchain needs. Focusing on cloud and API architecture for permissioned ledgers, this cloud product will compete with them and enable a cheaper and more extensive selection of nodes for RCP APIs and web sockets. RCP is a remote procedure call that allows users to tap into services running within external networks, thus calling processes via remote systems.
Theta Network – Decentralized Content Sharing Platform.
The open-source protocol focuses on peer-to-peer video delivery and uses blockchain, allowing users to create decentralized applications (dApps). Anyone can build on this network. Content providers can develop decentralized applications that are specialized for their audience.
THETA is a native token of Theta Blockchain, and one of its roles is governance token. THETA token is specially designed to be deflationary because of the voting power it holds, and holders of the token are stakeholders of the project, making them accountable for future directions of the project.
This protocol uses the Proof-of-Stake Consensus mechanism providing security to blockchain infrastructure by demanding fewer computational resources. In addition, PoS allows different computers to act as viewers and caching nodes for ultra-high transaction throughput. It has also developed a Multi-level BFT consensus mechanism that allows thousands of nodes to participate in consensus processes and support a high transaction throughput of 1000 plus TPS.
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For more information on Big Eyes Coin (BIG), you can visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL