There’s a popular saying in the cryptocurrency market that every trader should do his or her research before signing up to be a part of any project. Unfortunately, many noobs (new traders) consider this advice an uphill task with few benefits. But this couldn’t be further from the truth. Every trader in the coin market must do their research to avoid purchasing projects that will drain their funds. This piece will review the important features of some of the most reliable names in the coin market – Ethereum, Polygon, and Big Eyes. This way, you’ll stay informed of how to enjoy plenty of profits from these tokens.
The Best Options
Ethereum is the second largest cryptocurrency on the coin market and is the largest altcoin worldwide. When Ethereum was launched into the crypto space, it became popular because it offered something different from its predecessor – Bitcoin. While Ethereum is designed to run on a proof-of-work mechanism, like Bitcoin, it can do one other thing.
Ethereum allows traders to use smart contracts to create decentralized applications. These decentralized applications will function like real applications but operate on the blockchain. Ethereum is the blockchain with the highest number of crypto tokens, protocols, and decentralized applications. Some of the most popular products on the Ethereum blockchain include; Uniswap, Polygon, etc.
Ethereum is widely used as a blockchain to host decentralized applications. However, Ethereum can only process 15 transactions per second. This is insufficient to process the number of transactions on the blockchain. Therefore, Ethereum needs to change its architecture to improve performance.
Option 2
If you do some research about Polygon, the first thing you’ll learn about it is that Polygon is an Indian blockchain scalability platform. Well, that’s true to a considerable extent. Polygon is a cryptocurrency in its own right, but it was only designed to improve Ethereum. As Ethereum grew, many users complained about its expensive transaction fees, less-than-satisfactory user experience, and slow transaction speed. So Polygon came up as a great solution to help Ethereum become stronger while offering the same benefits.
Polygon is popularly regarded as Ethereum’s internet of blockchains because it connects Ethereum to several projects that run on its blockchain. This layer-2 blockchain will allow Ethereum’s traders and users to enjoy better sovereignty, flexibility, and scalability while still enjoying all the benefits that Ethereum has to offer. MATIC is the cryptocurrency token that powers Polygon and ensures the smooth flow of transactions. MATIC is used to vote on development decisions and also pay transaction fees.
To process transactions quickly, Polygon will use a modified proof-of-stake mechanism. This mechanism will secure the transaction pool of the protocol with stakes from individual investors. By doing this, Polygon will always have digital assets to process its transactions.
Option 3
There’s no meme coin with the same hype as Big Eyes. The coin is yet to be released in the cryptocurrency market, but many traders already have its name on their lips. Why? Well, traders are fascinated by what Big Eyes offers. According to the development team for Big Eyes, they’re interested in transferring wealth from the crypto space into the hands of users.
It’s also worth noting that Big Eyes adopts a user-centric approach to ensure its progress. This means that its users will actively be involved in the growth and development of this token. To do this, it will offer users 90% of the token’s total supply. As a result, no single authority will be responsible for crucial development policies on the token.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL