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Blockchain technology arose in 2009 with the inception 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 piece will examine two blockchain giants in the crypto market, Ethereum (ETH) and Solana (SOL), exploring 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 presale, unaffected by current market conditions. The platform has shown interest in the NFT sector, aiming to shift wealth into the DeFi ecosystem while remaining sustainable.
Big Eyes Coin Reaches $10 Million In Presale
Big Eyes Coin has started its crypto journey with a bang. The platform has placed advertisements across New York Times Square and Marble Arch in London, reaching millions of potential new users. Big Eyes Coin also has a marketing wallet containing 5% of its tokens to fund merchandise and comic books for its community!
The NFT collection Big Eyes Coin plans to release is predicted to reach the top ten projects. If Big Eyes Coin adheres to its ambitious goals, holding a Big Eyes Coin NFT could help boost 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 holding 5% of its 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 is host to over 2,700 dApps, allowing dApps to thrive, utilising Ethereum’s blockchain technology.
The Ethereum platform hosted the most anticipated news in crypto history. Before the 15th of September, Ethereum used an outdated mode of consensus, Proof-of-Work (PoW). This ancient consensus meant Ethereum was subject to slow transaction speeds, hindering its ability to scale.
However, Ethereum has now switched to the Proof-of-Stake (PoS) consensus algorithm, allowing the blockchain to reach unfathomable speeds of 100,000 transactions per second. Additionally, 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 to use a combined consensus in the crypto market. The platform uses a combination of PoS and Proof-of-History (PoH) to confirm transactions at eye-watering speeds.
Solana is capable of processing 50,000 transactions per second while keeping its 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 a state of decline, Solana is recovering. The blockchain giant has increased its market capitalisation by 5.52% in the past 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 builds on the Ethereum blockchain, allowing it to harness Ethereum’s incredible speeds.
Additionally, Big Eyes Coin offers 50% bonus tokens for those who purchase BIG tokens during the Black Friday sale using the ‘BLACKFRIDAY50’ code at the checkout.
For more information on Big Eyes Coin (BIG), please visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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