Cosmos, Polkadot and Blockchain Interoperability: What Can Big Eyes Coin Add?
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A constellation of blockchains populates the crypto universe these days, making the dream of a singular blockchain connecting everything in the cryptobiome a dream of the past. But some believe that blockchain interoperability will play a central role in the technology’s next phase since interoperability in blockchain networks allows seamless communication between different networks.
So when Layer 0 blockchains share the same protocol, they can interact without dedicated bridges, enabling the building and extension of features and use cases across networks.
Today we discuss two of the best tier 0 currencies: Cosmos (ATOM) and Polkadot (DOT), as well as the high-flying newcomer Big Eyes Coin (BIG).
Cosmos: The Internet of Blockchains
Cosmos is a decentralized ecosystem known as the “Internet of Blockchains.” It enables blockchain interoperability between different projects through its Inter-Blockchain Protocol (IBC), which allows seamless exchange of data and assets.
With over 270 applications and services, Cosmos supports popular blockchains such as Binance Chain, Crypto.org and Terra. And unlike traditional blockchains, Cosmos allows developers to build and operate their own blockchains within the ecosystem while maintaining interoperability.
The original token of Cosmos is called ATOM, which can be staked to support blockchain activities and earn rewards. Cosmos plans to introduce inter-chain staking and an inter-chain decentralized exchange (Gravity DEX), which is expected to significantly increase stake rewards.
Big Eyes Coin: Price drop for the last month of the presale
It’s been a wild ride for Big Eyes Coin (BIG) and its community. Now, after 13 successful rounds of pre-sales and by popular demand, the pre-sales have come to an end; June 3. The official launch date will follow less than two weeks later on June 15th, and we don’t know about you, but we’re struggling to contain the hype! Especially now that Big Eyes Coin has lowered its prices to match the stage 3 price as a thank you to the community.
Big Eyes Coin is a community-driven meme coin and with its cute cat mascot and strong media campaign, it has attracted attention like a flower attracts honey bees.
$BIG is an ERC-20 token, meaning it is built on the Ethereum blockchain that supports layer 0 cryptocurrencies and blockchain interoperability. It also means that $BIG is faster and more secure than many other coins that are built on less efficient blockchains.
Polkadot: Layer 0 Cryptocurrency
Polkadot is an ecosystem of interconnected parachains on the relay chain, offering scalability and ease of development. Parachains, such as Moonbeam, Clover, Centrifuge and Parallel Finance, host different projects and DApps, ensuring optimal performance for each application.
By using a shared set of validators, Polkadot achieves scalability and faster transaction speeds across multiple blockchains. The network’s architecture ensures seamless interoperability across chains, allowing smooth communication between parachains.
Developers benefit from Polkadot’s user-friendly approach as they can create custom blockchains using the Substrate framework. The network operates on the nominated proof-of-stake (NPoS) consensus algorithm, known for its low carbon footprint compared to other similar protocols.
There is a growing need for blockchain interoperability in the crypto world now more than ever, especially among layer 0 blockchains. Cosmos specifically champions this cause by providing a platform that can be used to build second layer 0 blockchains and cryptocurrencies. And with the pre-sale so close to ending, Big Eyes Coin is about to prove its worth against tier 0 cryptocurrencies very soon, and we’re excited to see what it will bring to DeFi.
Big Eyes Coin (BIG)
Pre-sale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Instagram: https://www.instagram.com/BigEyesCoin/
Twitter:
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