A constellation of blockchains fills the crypto universe nowadays, making the dream of a singular blockchain that links everything in the crypto biome a dream of the past. But some think that blockchain interoperability will play a central role in the technology’s next phase since Interoperability in blockchain networks allows seamless communication between different networks.
So, When Layer 0 blockchains share the same protocol, they can interact without dedicated bridges, enabling the building and expansion of features and use cases across networks.
Today, we discuss two of the best layer 0 currencies: Cosmos (ATOM) and Polkadot (DOT), as well as the high-flying newcomer Big Eyes Coin (BIG).
- Cosmos: The Internet of Blockchains
- Big Eyes Coin: Price Drop For Presale’s Final Month
- Polkadot: Layer 0 Cryptocurrency
Cosmos: The Internet of Blockchains
Cosmos is a decentralized ecosystem known as the “Internet of blockchains.” It enables blockchain interoperability between different projects through its inter-blockchain protocol (IBC), allowing the seamless exchange of data and assets.
With over 270 applications and services, Cosmos supports popular blockchains like Binance Chain, Crypto.org, and Terra. And unlike traditional blockchains, Cosmos allows developers to build and operate their own blockchains within the ecosystem while maintaining interoperability.
The native token of Cosmos is called ATOM, which can be staked to support blockchain activities and earn rewards. Cosmos is planning to introduce inter-chain staking and an inter-chain decentralized exchange (Gravity DEX), which is expected to boost staking rewards significantly.
Big Eyes Coin: Price Drop For Presale’s Final Month
It has been a wild ride for Big Eyes Coin (BIG) and its community. Now, after 13 successful rounds of presale and by popular demand, an end has been set for the presale; June 3rd. The official launch date will follow less than two weeks later on June 15th, and we don’t know about you, but we are struggling to contain the hype! Especially now that Big Eyes Coin has lowered its prices to match the stage 3 price as a thank you to its community.
Big Eyes Coin is a community-driven meme coin and with its cute cat mascot and its strong media campaign it has been attracting attention like a flower attracts honeybees.
$BIG is an ERC-20 token, which means it’s built on the Ethereum blockchain which supports layer 0 cryptocurrencies and blockchain interoperability. It also means that $BIG is faster and more secure than many other coins that are built on less efficient blockchains.
Polkadot: Layer 0 Cryptocurrency
Polkadot is an ecosystem of interconnected parachains on the Relay Chain, offering scalability and ease of development. Parachains, such as Moonbeam, Clover, Centrifuge, and Parallel Finance, host different projects and DApps, ensuring optimal performance for each application.
By utilizing a shared set of validators, Polkadot achieves scalability and faster transaction speeds across multiple blockchains. The network’s architecture ensures seamless cross-chain interoperability, allowing smooth communication between parachains.
Developers benefit from Polkadot’s user-friendly approach, as they can create customized blockchains using the Substrate framework. The network operates on the nominated proof-of-stake (NPoS) consensus algorithm, known for its low carbon footprint compared to other similar protocols.
There is a growing need for blockchain interoperability in the crypto world now more than ever, especially among layer 0 blockchains. Cosmos particularly is championing this cause by providing a platform that can be used to build other layer 0 blockchains and cryptocurrencies. And with its presale so close to its end, Big Eyes Coin is about to prove its worth against layer 0 cryptocurrencies very soon, and we’re excited to see what it will add to DeFi.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Instagram: https://www.instagram.com/BigEyesCoin/
Twitter: https://twitter.com/BigEyesCoin
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