Global perceptions of everyday transactions and financial services have changed due to the introduction of blockchain technology. Profit was the main driver of centralized banking operations. Protecting assets and funds was challenging because of these platforms’ weak security infrastructure.
Many of the issues centralized financial institutions encountered in providing their customers were swiftly rendered obsolete by the widespread adoption of blockchain technology. These technologies’ ability to give people more independence has decreased the public’s reliance on centralized financial systems. These three cryptocurrencies—Big Eyes Coin (BIG), Aave (AAVE), and Ripple (XRP)—will be discussed in this article.
What Is The Big Eyes Coin (BIG)?
Big Eyes Coin (BIG) is a new cryptocurrency that intends to send money to Decentralized Finance while supporting ocean preservation (DeFi). This coin illustrates a DeFi effort driven by the community and is an excellent way to raise money for charity and the community. It is a meme coin supporting a good cause and features the cutest mascot in the business.
The community of Big Eyes Coin (BIG) is the most crucial aspect because it is the only thing that can sustain it. A larger, more engaged community will help Big Eyes Coin (BIG) get the momentum it needs; in return, the community will frequently receive tokens, NFT giveaways, and other prizes. A team of clever cats working around the clock to ensure Big Eyes runs smoothly serves as the platform’s brain.
CatNipper or TechCat is in charge of all technological concerns, while TopCat or PawZilla, who is ambitious, commands the team. The following person in line is the hype, also known as Hypepurrr, who manages all matters on the Big Token. LawCat or CatEyes takes care of legal matters, while TenPaws and Catsuits ensure that business as usual is trouble-free.
To widen the platform’s appeal and entice additional investors into its community, Big Eyes Coin (BIG) wanted to undertake significant marketing efforts. Additionally, it has set aside a part of the total token supply for advertising and promotion activities.
How Polygon (MATIC) Allows For Rapid Transactions
To aid in the scaling of Ethereum (ETH) and other blockchain networks, a coin called Polygon (MATIC) was created. It accomplishes this by offering a layer two solution that facilitates rapid transactions. Due to its emphasis on speed, it is perfect for DeFi applications like gaming; with features like chain governance and fraud protection, Polygon also places a high premium on security.
As a result, it became the most widely used layer two cryptosystems on the list. Polygon (MATIC) is one of the most valuable cryptocurrencies, with a market worth of $5.5 billion. It is well-positioned to expand over the following years since it strongly emphasizes scalability and security.
How’s Ripple Token (XRP) Different From Others?
The for-profit company Ripple developed a network for transactions and payments based on a distributed ledger database. The XRP Ledger employs a consensus process known as the XRP Ledger protocol that does not rely on proof-of-work or proof-of-stake for consensus or validation.
On the other hand, client applications sign and send transactions to the ledger servers. After comparing them, the servers determine that transactions should be recorded in the ledger.
Big Eyes Coin (BIG)
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