From Bitcoin to Cardano & Big Eyes – Evolution of Crypto and what lies ahead

But how has the crypto industry evolved, and how did we get from Bitcoin to the market’s latest projects, like Big Eyes Coin?

In this article, we’ll look at Bitcoin, Cardano, and Big Eyes Coin, to see how the innovations created by each project lead the way for the projects that followed. We will also take a closer look at Big Eyes Coin, to see what a project like this can tell us about the future of the industry.

Bitcoin starts the crypto revolution

Created as a direct response to the 2008 financial crisis, Bitcoin was designed specifically to be a currency free from the constraints of the banking system. It was a currency that was completely digital, owned and controlled by its users, using a decentralized ledger system called the blockchain. Information on the blockchain was stored collectively and cannot be tampered with.

Bitcoin was the first cryptocurrency, and was revolutionary for its time. A currency without banks, which was virtually regulated and completely anonymous, was somewhat unheard of at the time, and for a population exhausted by the big banks and Wall Street, was exactly what they needed.

But beyond being used as a virtual currency and tool for investing, Bitcoin is a fairly simple cryptocurrency. This gave upcoming projects plenty to work with, allowing the industry to flourish into what it is today.

Cardano Catapult’s Proof-of-Stake

Launched in 2017, Cardano was designed with eight years of cryptocurrency knowledge under its belt, allowing it to exist beyond being just a form of virtual currency.

Cardano was designed to allow innovators and trendsetters to see their dreams come true, using Cardano’s open source technology. It is a blockchain network that can be used by anyone, and intends to make a positive impact on the world around it.

Also a Proof-of-Stake blockchain, Cardano is one of the first to implement this technology and one of the main reasons why this technology has reached the popularity it is now receiving. To make a positive impact on the world, using blockchain technology that minimizes environmental damage is a great way to go.

This is also one of the main inspirations for choosing this technology for one of the latest projects on the market: Big Eyes Coin.

Big Eyes Coin Rewrites the Meme Token Rulebook

Big Eyes Coin is a cryptocurrency project that takes the meme token rulebook and throws it out the window, and does so in several ways.

Meme tokens are a subset of the crypto market that started in 2013 with Dogecoin, which saw an explosion of popularity in the late 2010s and early 2020s thanks to the support of celebrities like Elon Musk and the seemingly endless waves of meme tokens dog-themed will enter the market during this time.

Like Cardano, Big Eyes Coin uses the Proof-of-Work validation system, thanks to being built on the Ethereum Network – a blockchain that only recently became compatible with this technology after an event known as The Merge. This was done to drive forward the project’s environmental message of protecting the oceans, because without using an environmentally conscious blockchain, how would they see their mission fulfilled?

Alongside environmental protection, which is supported by a charity incentive set to donate to ocean charities, Big Eyes Coin is also shaking up the meme token market with its rebellious image and defiance of meme token conventions. As previously mentioned, dog-themed tokens have come to define the market, making Big Eyes Coin a breath of fresh air for those who have grown tired of the market’s repetitive nature.

All of this, along with no buy or sell fees, an NFT line and much more, makes Big Eyes Coin a clear departure from the simplicity of use case seen with Bitcoin. But despite this, the future looks bright for Big Eyes Coin, and if the popularity of this project is anything to go by, the crypto market will continue down a path of creativity and innovation to help the technology reach an even wider audience.

Learn more about Big Eyes Coin at:

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Disclaimer: This article is a paid publication and has no journalistic/editorial involvement from Hindustan Times. Hindustan Times does not endorse/subscribe to the content of the article/advertisement and/or the views expressed herein.

The reader is further informed that crypto products and NFTs are unregulated and can be very risky. There can be no regulatory recourse for losses from such transactions.

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