A lot of buzz is happening in the world as far crypto market is concerned. France is about to pass a bill that will put the new crypto entrants on a leash and strictly regulate the existing ones. According to a recent online survey, Japanese traders plan to HODL their coins. Despite a rough market, Visa has made a statement that their plans to provide more services in the crypto sphere are still in development. The Tel Aviv Stock Exchange (TASE) has published a proposal outlining plans to classify cryptocurrencies as securities. This would have mixed implications for crypto – customers could deposit and withdraw money that is used for crypto speculation. Amidst the chaos, one can only ponder where to invest in. Well, 2023 seems to be flourishing for three coins: Polygon (MATIC), Polkadot (DOT), and Big Eyes Coin (BIG).
Polygon Is An Attractive Option If You Want To Avoid High Gas Fees
Polygon (MATIC) is a popular Layer 2 scaling solution for Ethereum that aims to solve the high gas fees and slow transaction times associated with the Ethereum network. Its native cryptocurrency is called MATIC, which is used to pay for transaction fees, gas fees, and other network services. Polygon’s Layer 2 solution allows for faster and cheaper transactions than the Ethereum network. This makes it an attractive option for users who want to avoid high gas fees and slow transaction times. It is designed to be compatible with other blockchain networks, which allows for seamless integration with existing DeFi applications and protocols.
The Polygon network is governed by a decentralized community of token holders who can propose and vote on changes to the network. It uses Ethereum’s security model, which is based on proof-of-work consensus. This makes the network highly secure and resistant to attacks. MATIC holders can stake their tokens to participate in network governance and earn rewards. This incentivizes token holders to help secure the network and keep it running smoothly.
The Polygon network is highly scalable, which means it can handle a large volume of transactions without slowing down or increasing gas fees.
Polkadot: A Promising Platform
Polkadot (DOT) is a next-generation blockchain platform that aims to solve the scalability and interoperability issues of existing blockchain networks. It has a unique architecture that allows multiple parallel blockchains to operate within a single network. This enables greater scalability and efficiency, as well as better coordination between different blockchain projects.
Polkadot has a unique governance model that allows token holders to vote on network upgrades, funding proposals, and other key decisions. This decentralized governance system ensures that the network remains secure, stable, and responsive to community needs.
Polkadot uses a unique consensus mechanism called “Nominated Proof-of-Stake” (NPoS) to secure its network. This system enables token holders to nominate validators who are responsible for processing transactions and maintaining the network’s integrity. Validators are incentivized to act honestly and fairly, as they risk losing their stake if they behave maliciously.
Polkadot’s multi-chain architecture, interoperability, customizability, governance, and security features make it a promising platform for building decentralized applications and enabling greater collaboration within the blockchain ecosystem.
Big Eyes Coin On The Path To Become The Most Successful Presale
A community-based cat-themed meme coin, Big Eyes Coin (BIG), is now on the path to becoming one of the most successful presales in the history of crypto. It is in stage 12 right now and has already raised $30.77 million USDT. At this pace, it looks like it is soon going to meet the target of $50 million.
Big Eyes has done everything to keep its community happy and thriving. From promo codes to the new Loot Boxes, the love and support are seen to multiply with each passing day. Loot Boxes are causing FOMO in the community members as they can make one win big.
The latest Loot Box, The Excali-Paw Master Chest, gives the users a chance to win. This loot box will cost $9,999 to buy and will have rewards ranging from $10k to $1,000,000. Such a huge prize can give major FOMO to anyone, right? To win big, Buy $BIG.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
