Home / Brand Stories / Who Needs Bitcoin When There is Big Eyes Coin, Monero, and Ethereum?
BRAND POST

Who Needs Bitcoin When There is Big Eyes Coin, Monero, and Ethereum?

Big Eyes Coin (BIG) will provide users with more than just a marketplace for digital trading items.Premium
Big Eyes Coin (BIG) will provide users with more than just a marketplace for digital trading items.

New crypto Big Eyes Coin, Monero, and Ethereum are three cryptocurrencies that place the needs of their users above all other concerns. Even when faced with obvious challenges, they have shown time and time again that they are worthy of being ranked top amongst other cryptocurrencies

Platforms that take a need and create a solution are present in every industry. The cryptocurrency market is no exception. Bitcoin (BTC) started great and remains the pioneer of Blockchain technology and decentralization, but it is still plagued with various problems. Such problems include scalability, transaction delays, and high transaction fees. Users and buyers are looking for more accessible, cheaper, and more innovative ways to generate income for themselves. 

New crypto Big Eyes Coin (BIG), Monero (XMR), and Ethereum (ETH) are three cryptocurrencies that place the needs of their users above all other concerns. Even when faced with obvious challenges, they have shown time and time again that they are worthy of being ranked top amongst other cryptocurrencies. 

What is Big Eyes Coin (BIG)?

Decentralized Finance (DeFi) gives users and investors the best possible trading options. Big Eyes Coin (BIG) will provide users with more than just a marketplace for digital trading items. 

This will be altered by Big Eyes Coin (BIG), which will build a platform to make money. The Big Eyes Coin (BIG) platform will make decentralised finance (DeFi) easy and user-friendly. The utilisation of support systems and tutorials to streamline trading and transaction processes will make this possible.

Key Aspects of the Big Eyes Coin (BIG)

A number of qualities will distinguish the platform it will have, like being Community-based: Any system's expansion depends on the strength of its user base. Developers, artists, and investors will make up this user base and contribute to the ecosystem by making the tools and systems used on the platform.

Participation in Outreaches for Charity: The platform will focus its efforts on saving the world's oceans. A wallet (Visible Charity Wallet) that will hold 5% of all accessible tokens will be created specifically for this use.

Unique Taxation: On the Big Eyes (BIG) platform, investors and their investments will come first. To secure the platform's viability, a dynamic tax structure will be implemented. Changes like the Auto Burn Function, Liquidity Provider (LP) Acquisition, and marketing wallets will be possible under this tax regime.

Big Eyes Coin (BIG) wants to accelerate its growth as much as possible. The acquisition is the initial phase of this strategy, and Social media will be used to influence this. The platform's early acceptance and popularity—especially on social media—will determine its future viability.

The creation and selling of tangible and digital products will be used to raise the necessary revenue. Additionally, money will be raised through the Big Eyes (BIG) platform. The platform's token and ocean charity projects will be expanded with the money raised.

Tokenomics and BIG Earnings

The utility token of the platform is the BIG token. This will also serve as the governance token, enabling users to participate in decision-making processes and making the platform truly decentralized.

For example, profits from NFT events will go into a burn or not burn vote for users to decide. There will be no fees attached to transactions made by users, and there will be no buy or sell tax. The platform will organize regular giveaways and give rewards for participation on the platform, which will be in the form of BIG tokens and NFTs. 

Monero (XMR) - The Money-Making Platform

Monero (XMR) is a unique cryptocurrency that takes a different approach to the cryptocurrency market. Monero (XMR) is one of the first cryptocurrencies in the world to prioritize user privacy. To do this, Monero (XMR) developed multiple technologies from scratch. 

In today's financial world, privacy is very important, and Monero (XMR) is popular among users because it provides a solution to this problem. Bitcoin (BTC) transactions were believed to be anonymous, but some tools and services can be employed to reveal the persons behind transactions.

Monero (XMR) Key Features

  • Advanced Cryptography: To ensure that users can't be linked to a Monero (XMR) transaction, advanced Cryptographic tools are utilized. Even though Monero’s (XMR) Blockchain is monitored in real-time, users can send and receive funds in a way that data is not revealed to the public. The platform's developers integrated advanced fungibility protocols to make this task possible. 
  • Fungibility: An asset is fungible when exchanged with other assets. Monero (XMR) takes this concept further. Transaction details cannot be determined on the platform. Serial numbers are absent, and anonymization of every transaction.

How Monero (XMR) Works

Monero's (XMR) privacy is its ability to update technology constantly. Monero (XMR) updates its software every six months. These are some of the features users have access to on Monero (XMR):

  • Ring Signatures: This is a cryptographic tool that combines other users' signatures with that of the sender. This combination happens before Blockchain entry.
  • Stealth Address: This technology creates more than one single-user account for every transaction. This way, transactions are untraceable.
  • Ring CT: This is a coding short for Ring Confidential Transactions that conceals the exact number of tokens exchanged before they are reviewed on the Blockchain. 
  • Multiple Keys: The platform makes use of several keys to function anonymously. Users get four different keys for different functions. These keys are a private view key, a public view key, and a public and private spend key. These keys are unique to users and are used to access and carry out transactions on the Monero (XMR) Blockchain. 

With a combination of all these technologies, transactions on the Monero (XMR) Blockchain have become virtually impossible to trace.

Scalability, Mining, and The XMR Token

Monero (XMR) provides the cryptocurrency market with unlimited scalability. The platform's utility token is XMR. Unlike most cryptocurrencies, the token has no pre-set supply and can be mined for rewards. Mining for the XMR Token is highly profitable. Unlike most cryptocurrencies that need expensive mining rigs, Monero (XMR) can be mined using CPUs or GPUs. This is the platform's way of showing the decentralized nature of Blockchain technology. 

Spamming is discouraged on the platform using a block-reward penalty system. This strategy reduces mining rewards if a subsequent block is larger than the average size of the last 100 blocks mined by the user. There is no pre-set block size, so miners can determine blocks of transactions to approve.

Ethereum’s Key Benefits (ETH)

Ethereum (ETH) is an open-source network designed for the simplified creation of smart contracts. As Blockchain technology expands its use cases, specialized programs are needed to run on Blockchain networks. These smart contracts created on the Ethereum (ETH) Network enable decentralized applications (dApps) to run smoothly on Blockchain. 

Ethereum (ETH) Virtual Machine

Ethereum (ETH) functions effectively by utilizing its Ethereum Virtual Machine (EVM). Developers can use various programming languages like Java, C++, and R with EVM to create and deploy their decentralized applications (DApps). The platform has its language called Solidity. Other languages used on the platform are converted to Solidity for integration. 

Token Creation on Ethereum (ETH)

Ethereum (ETH) also offers another money-making opportunity for users: Token Creation. Users who wish to create their tokens use the platform's ERC protocol. This protocol ensures that created tokens adhere to Ethereum (ETH) Blockchain guidelines provided to users. 

Miners on the Ethereum Blockchain keep the network safe by validating transactions. These miners solve complex mathematical problems to serve as proof of work. This is known as a consensus mechanism and is called a Proof-of-Work (PoW) consensus mechanism. Tokens created with this protocol are the most used in the crypto space. 

Miners receive ETH tokens as a reward for their efforts. These ETH tokens serve as the platform's native token, which powers the network and is used for transaction payments.

Big Eyes Coin (BIG), Monero (XMR), and Ethereum (ETH) are three cryptocurrencies that are already standing as Bitcoin's (BTC) competition and will most likely overtake in the long run. Buyers should take note of these cryptocurrencies and not miss out on future opportunities like Big Eyes Coin (BIG) currently offers.

Are you interested in joining the Big Eyes Community? Follow these steps to sign up:

  • Enter your first name, last name, and email.
  • Agree to the terms and privacy policy.
  • Click Send and wait for the scheduled launch. 

To find out more about Big Eyes Coin (BIG), visit the links below:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less

Recommended For You

Trending Stocks

×
Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout