More than 200 million users of cryptocurrencies worldwide, and more than 20,000 cryptocurrencies exist. There are an estimated 10,000 active cryptocurrencies. The market is saturated with dormant or “dead” cryptocurrencies. Cryptocurrencies that are just hype and non-functional in the blockchain space. This article looks at three cryptocurrencies that deal with utility, scalability and providing a suitable environment for cryptocurrency users.
Meme Coins are not primarily known for their use, so they are considered useless and have no potential. However, several meme coins are changing the norm, and Big Eyes Coin (BIG) is one of those chosen cryptocurrencies.
A Bright Future Ahead and Big Eyes Coin (BIG) Is Right There!
Big Eyes Coin (BIG) is the latest meme token-making wave in the crypto space. The token is not just a meme token but a community project that is also dedicated to providing a means of generating revenue for its users. as protection of a vital part of the global ecosystem. The token is based on a cute cat with big eyes and will fill a role that has been missing in the meme token space. The Big Eyes (BIG) ecosystem will proliferate through self-spreading. And the use of NFT. There are plans to create non-fungible tokens available to users and NFT events and content to add value to the network.
Big Eyes Coin (BIG) users are in control of the network if they have BIG tokens. The Big Eyes Coin (BIG) ecosystem will remain true to decentralization and ensure that its users have a say in the operational developments of the ecosystem. In addition, active users are eligible for rewards and benefits in BIG tokens, NFTs and other digital items.
Solana (SOL): Providing Greater Scalability to The Blockchain Industry
Solana (SOL) was introduced to the blockchain industry in 2017 and has grown significantly by solving the scalability, censorship, speed and programmability issues faced by blockchain networks. The Solana Network (SOL) introduced new advances, cutting-edge tools and technologies to bring blockchain users better transaction speeds and best-in-class security. Solana (SOL) remains a valuable platform due to the systems working together in the network. For example, the network uses a slightly different consensus mechanism called Delegated Proof-of-Stake (DPoS). This mechanism works with the Proof-of-History (PoH) and Tower Byzantine Fault Tolerance (BFT). Each of these tools allows validators to run smoothly, increase block time and increase the overall efficiency of the Solana (SOL) network.
The network also uses several technologies to make it one of the fastest blockchain networks like Archiver, Cloudbreak, Turbine etc. The above validators are the ones that protect the network by using the approved transactions made on the Internet. These validators are selected based on their SOL holdings. Many SOL tokens increase the likelihood of a user being specified and the associated reward. Users who are not validators can delegate their SOL token to a validator and sure win too.
Cronos (CRO): Massively Scaling the Web 3.0 Community
Cronos (CRO) is the blockchain-based network that serves as the parallel protocol for Crypto.com’s digital asset exchange platform. The web is operated by Ethermin and is believed to be the first to be interoperable with Ethereum and Cosmos. Blockchain ecosystems. Cronos (CRO) enables the fast transfer of decentralized applications (DApps) and smart contracts to and from Ethereum (ETH) and other EVM-compatible blockchains with meagre cost and high performance. The network was built using Inter Protocol Blockchain Communications (IBC), which enables communication and bridging with Crypto. Org chains and other chains are allowed by IBC in a decentralized manner.
Chronos network developers (CRO) can process more transactions thanks to Tendermint used by the network. CRO is the network’s base billing currency and its native token.