Big Eyes Coin, Solana and Cronos: 3 Cryptocurrencies Keeping the Blockchain Industry Active

Currently, there are over 200 million cryptocurrency users in the world and over 20,000 cryptocurrencies. Of this number, it is estimated that there are 10,000 active cryptocurrencies. This means that the market is saturated with inactive or “dead” cryptocurrencies that are only about hype and not functional in the Blockchain sector. This article deals with 3 cryptocurrencies which are about utility, scalability and a suitable environment for cryptocurrency users.

Meme coins are not mainly known for their use, and therefore they are considered useless and lack potential. Nevertheless, several meme coins are changing the norm, and Big Eyes Coin (BIG) is one of the featured cryptocurrencies.

There is a bright future ahead and Big Eyes Coin (BIG) is here!

Big Eyes Coin (BIG) is the latest meme token to gather some excitement in the crypto space. The token is not just a meme token, but a community project dedicated to providing a means of generating revenue for its users, as well as protecting an important part of the world’s ecosystem.

The token is based on a cute cat with big eyes and will address a role that has been missed in the meme token space. The Big Eyes (BIG) ecosystem will grow rapidly through self-propagation and the use of NFTs. There are plans to create Non-Fungible Tokens that will be accessible to users and NFT events and content to generate value for the network.

Users of Big Eyes (BIG) Coin will be in control of the network as long as they have BIG tokens. The Big Eyes Coin (BIG) ecosystem will remain true to decentralization and will ensure that users have a say in the operational development of the ecosystem. Active users are also entitled to rewards and benefits in the form of BIG tokens, NFTs and other digital items.

Solana (SOL): Brings greater scalability to the blockchain industry

Introduced to the Blockchain sector in 2017, Solana (SOL) has grown significantly by addressing the issues of scalability, censorship, speed and programmability faced by Blockchain networks. The Solana Network (SOL) introduced new state-of-the-art tools and technologies to provide Blockchain users with better transaction speed and first-class security.

Solana (SOL) has remained a valuable platform because of the systems that work together on the network. For example, the network uses a slightly different type of consensus mechanism known as Delegated Proof-of-stake (DPoS). This mechanism works together with the Proof-of-history (PoH) mechanism and Tower Byzantine Fault Tolerance (BFT). Each of these tools allows validators to work seamlessly, increasing block time and increasing the overall efficiency of the Solana Network (SOL).

There are also several technologies used by the network to make it one of the fastest Blockchain networks, such as Archivers, Cloudbreak, Turbine, etc. The validators mentioned earlier are those that keep the network secure by approving transactions made online. These validators are selected based on their SOL holdings. Holding a high amount of SOL tokens increases a user’s chances of being selected in addition to the reward attached. Users who are not validators are allowed to delegate their SOL tokens to a validator and secure profits as well.

Cronos (CRO): Massively scaling the Web 3.0 community

Cronos (CRO) is the Blockchain-based network that serves as the parallel protocol for Crypto.com’s digital asset exchange platform. Powered by Ethermint, the network is considered the first network interoperable with both the Ethereum and Cosmos Blockchain ecosystems.

Cronos (CRO) enables rapid porting of decentralized apps (DApps) and smart contracts to and from Ethereum (ETH) and other EVM-compatible blockchains with very low cost and high throughput. The network was built with the Inter Blockchain Communications (IBC) protocol that enables communication and bridging to the Crypto.org chain and other IBC-enabled chains in a decentralized manner.

Developers on the Cronos network (CRO) can process more transactions due to Tendermint being used by the network. CRO is the network’s base settlement currency as well as its native token.

Big Eyes Coin (BIG);

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Website: https://bigeyes.space/
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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.

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