The crypto space is currently on the verge of a significant transformation. In September 2022, Ethereum (ETH), the second largest cryptocurrency network, is expected to make a big leap. Initially operating as a proof-of-work blockchain, it intends to merge with its ETH 2.0 proof-of-stake protocol that has been on its testnet for a long time.
This merger could accelerate the Ethereum (ETH) blockchain with the current proof-of-stake trend in crypto. Crypto projects such as Big Eyes Coin (BIG) hosted on the Ethereum (ETH) blockchain will also see significant improvements in their operations.
Big Eyes Coin is a crypto project inspired by a viral cat meme. The platform intends to provide its users with excellent opportunities. Unlike the Big Eyes crypto project, FTX is a centralized crypto exchange where users can buy and sell crypto assets.
This article will review the operations of the Ethereum (ETH), Big Eyes Coin (BIG), and FTX (FTT) crypto projects. First, we will highlight the features of the FTX crypto project.
Many people may perceive FTX (FTT) as a soon-to-be-disappearing crypto platform. This is because it restricts users by being a centrally managed crypto space.
The purpose of cryptocurrencies is to provide users with decentralized finance, where they can transact without restrictions. However, centralized exchanges like FTX have created a system that handles crypto transactions centrally. It uses a corresponding system called order book.
While centralized crypto exchanges are not entirely harmful, decentralized crypto exchanges have quickly taken over the crypto space. DEXs have replaced traditional order books with an automated market maker protocol.
Order books work by matching buy and sell orders. However, AMM allows users to trade tokens directly from a liquidity pool. Thus, transactions are carried out faster and more efficiently.
The FTX has some security measures in place to prevent retrievals. This system protects lenders within the FTX ecosystem against losses. The three-tier liquidation model recovers loans with penalties if the borrower defaults.
FTX users can trade crypto assets both spot and forward. They can also trade everaged tokens and options. FTX (FTT) has its native cryptocurrency, which plays a vital role in the operations of the FTX platform. Holders of FTX (FTT) tokens can benefit from trading fee discounts on the crypto exchange.
Ethereum (ETH) and Big Eyes Coin crypto projects offer their users more decentralized services than FTX crypto projects.
As the largest DeFi blockchain in the crypto space, Ethereum (ETH) influences many crypto projects. Since its launch in 2015, it has been modified to improve its services and utilities.
The Ethereum blockchain will soon experience another significant change. This refers to the upcoming merger of its operations with the ETH 2.0 blockchain, which was successful on its testnet.
ETH 2.0 is codenamed “Serenity”. This upgrade will free Ethereum (ETH) from its complex transaction validation processes. It will provide users with an efficient, scalable and fast platform to carry out their operations.
ETH 2.0 will be a proof-of-stake blockchain. This means that he will no longer need miner services to secure his blockchain. Disposal of miners is an environmentally friendly measure. It reduces the carbon emissions generated by the Ethereum (ETH) blockchain.
Instead of miners, Ethereum will incentivize stakeholders to verify transactions and secure its blockchain. It will take at least 16,384 validators to protect the Ethereum 2.0 blockchain. This makes it more decentralized in its operations.
Also, ETH 2.0 will become a highly scalable platform. By eliminating congestion and transaction lags, it promises to process up to 100,000 transactions per second, compared to 30 transactions per second currently.
This processing speed will be achieved using a method called “sharding”. Thus, billions of people will simultaneously benefit from transparent transactions within the Ethereum (ETH) blockchain.
ETH 2.0 will introduce additional improvements to the crypto space: a reduction in trading fees. Gas fees on the Ethereum (ETH) blockchain are currently very high. This discourages crypto users from using the Ethereum blockchain for transactions.
However, users will enjoy meager trading fees while interacting with its blockchain once it migrates to a point-of-sale protocol. Thus, many crypto innovators will be driven to build their projects on the “King of DeFi” blockchain.
Big Eyes (BIG) is one of the crypto projects hosted on Ethereum (ETH). Its users will also benefit from this merger if it is successful. What features are offered in the Big Eyes (BIG) crypto project?
Big Eyes Coin (BIG) is a crypto meme project that aims to change the way meme coins are seen and used. Traditional meme coins simply exist as joke cryptocurrencies. They don’t have a solid base and don’t affect the real world.
However, the Big Eyes crypto project will use its resources to fund charities to preserve aquatic life. It will donate 5% of its crypto tokens to these organizations.
The Big Eyes Coin crypto project will donate 10% of all trading fees to these charities. This will provide lasting support to these organizations as they work together to reduce the effects of environmental pollution and save the oceans and the animals in them.
Big Eyes Coin (BIG) has proven to be a crypto project with great opportunities for its users to accumulate wealth while saving the environment. In addition to the rewards derived from buying and holding Big Eyes (BIG) tokens, its users can also enjoy NFT trading.
The Big Eyes NFT market will be a unique aspect of the Big Eyes Coin (BIG) ecosystem. It aims to become among the top 10 NFT platforms in the crypto space.
He has dotted the market with fantastic reward opportunities that will attract NFT designers from all over the world. NFT creators will enjoy royalties for their creations forever. This means that they receive a commission each time their NFT designs are traded.
Users of the Big Eyes Coin (BIG) ecosystem will enjoy massive rewards by purchasing and holding the Big Eyes tokens. All token holders will share 50% of the trading fees within the Big Eyes ecosystem.
The Big Eyes crypto project also promises its community members periodic giveaways and NFT events. Thus, its members can accumulate wealth by holding the tokens for a certain period of time.
Big Eyes (BIG) will build a strong crypto community like all other meme-inspired projects. This community will have complete autonomy to steer the project to greater heights. It intends to use the skills, knowledge and experience of all members of its community to improve its operations.
This crypto community will democratically make decisions about the future of the crypto project. Governance rights will be distributed using Big Eyes Coin tokens.
90% of the total offer will be made public at launch. This will ensure that it remains decentralized. The remaining 10% will eventually be split between charities and the Big Eyes (BIG) marketing team.
The Big Eyes (BIG) digital asset is an ERC-20 token capped at 200,000,000,000 BIG tokens. It will be a utility token within the Big Eyes Coin ecosystem. The Big Eyes (BIG) token will be used to trade NFTs and reward outstanding members within its crypto community.
The Big Eyes (BIG) cryptocurrency will be available on the decentralized exchange Uniswap (UNI). This will bring the Big Eyes (BIG) token up to the popular ERC-20 crypto token standard.
Big Eyes (BIG) tokens will be the ticket to interact with the Big Eyes (BIG) ecosystem. Big Eyes Coin is currently running its token presale. This presale is accessible to anyone interested.
If you decide to buy the Big Eyes (BIG) token presale, you can follow the following steps;
- First, participants must have the metamask wallet extension installed on their computer or smartphone.
- Second, participants must access the Big Eyes Coin (BIG) presale portal via https://buy.bigeyes.space.
- Applicants will need to fill in some information in a form on the website and proceed to select the token to be used as deposit cryptocurrency.
- After making deposits, participants will have to wait patiently until the end of the presale, when the ir tokens will be deposited in their wallet.
Big Eyes Coin (BIG) has a lot of projects on its roadmap that it intends to accomplish over the next few years. Some of these projects include;
- Big Eyes Coin Token Exchange (BIG): It will be a decentralized crypto exchange to facilitate crypto exchanges.
- Big Eyes Coin (BIG) Merch Shop: Big Eyes Coin (BIG) intends to produce physical and digital goods. This will help spread awareness about the Big Eyes crypto platform.
- Big Eyes Coin (BIG) Chain Bridge: Big Eyes will facilitate interoperability between cryptographic blockchains. It will implement a multi-chain protocol to help its users convert Big Eyes (BIG) ERC-20 tokens to other blockchains.
The Big Eyes Coin (BIG) crypto project will be the prominent crypto project in the crypto space. Presale offers ample opportunity to be part of Big Eyes fun and profitable ecosystem – buy its tokens in presale and enjoy all its benefits.
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Big Eyes Coin: A Next-Gen Platform Ready to Compete with Ethereum and FTX? – Mag Mirror
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