Battle Of The Blockchains – Solana VS Big Eyes Coin’s host blockchain, Ethereum
Blockchain technology originated in 2009 with the beginning of Bitcoin (BTC) and the crypto market. Since Bitcoin’s introduction, over 1,000 blockchains have been released, with at least four types of blockchain networks. This editorial will examine two blockchain giants in the crypto market, Ethereum (ETH) and Solana (SOL), and explore their strengths and downfalls.
Another cryptocurrency we will examine is Big Eyes Coin (BIG). The crypto market is currently crashing and Big Eyes Coin represents a unique buying opportunity for crypto enthusiasts as it is in pre-sale, unaffected by current market conditions. The platform has shown interest in the NFT sector, aiming to move wealth into the DeFi ecosystem while remaining sustainable.
Big Eyes coin reaches $10 million in pre-sales
Big Eyes Coin has started its crypto journey with a bang. The platform has placed ads across New York’s Times Square and London’s Marble Arch, reaching millions of potential new users. Big Eyes Coin also has a marketing wallet that holds 5% of tokens to fund merchandise and comics for the community!
The NFT collection Big Eyes Coin plans to release is predicted to reach the top ten projects. If Big Eyes Coin sticks to its ambitious goals, holding a Big Eyes Coin NFT could help grow your portfolio significantly.
When examining Big Eyes Coin’s commitment to sustainability, it is crucial to point out that the platform has made several significant contributions to ocean conservation efforts. Some of these efforts include a charity wallet containing 5% of tokens and $2000 to the Orca Network.
Want to know more about Big Eyes Coin? Watch the video below!
Ethereum’s technology switch
Ethereum has dominated blockchain technology since its inception in 2015. The blockchain giant hosts over 2,700 dApps, allowing dApps to thrive by leveraging Ethereum’s blockchain technology.
The Ethereum platform hosted the most anticipated news in crypto history. Before September 15, Ethereum used an outdated consensus mode, Proof-of-Work (PoW). This ancient consensus meant that Ethereum was prone to slow transaction speeds, which hindered its ability to scale.
However, Ethereum has now switched to the Proof-of-Stake (PoS) consensus algorithm, which allows the blockchain to reach unimaginable speeds of 100,000 transactions per second. In addition, Ethereum has reduced its carbon footprint by 99.95%, allowing the platform to scale while remaining environmentally conscious.
Solana’s combined consensus
Solana is one of the only significant blockchains using a combined consensus in the crypto market. The platform uses a combination of PoS and Proof-of-History (PoH) to verify transactions at eye-popping speeds.
Solana is capable of processing 50,000 transactions per second while keeping transaction costs extremely low. The average Solana transaction costs $0.00025, with over 117 billion confirmed transactions on the Solana blockchain.
While the crypto market is currently in decline, Solana is recovering. The blockchain giant has increased its market capitalization by 5.52% in the last twenty-four hours at the time of writing.
Final thoughts
Solana and Ethereum both host spectacular blockchains that allow dApps to thrive. While they compete directly, there is plenty of room for both of them in the crypto market. Big Eyes Coin is built on the Ethereum blockchain, allowing it to take advantage of Ethereum’s incredible speeds.
In addition, Big Eyes Coin is offering 50% bonus tokens for those who purchase STORE tokens during the Black Friday sale by using the code ‘BLACKFRIDAY50’ at checkout.
For more information on Big Eyes Coin (BIG), please visit the following links:
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