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- Insights
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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Bitcoin is the number one crypto coin on the market. Bitcoin began the cryptocurrency industry and is still going strong more than a decade later. With a 38% market share, Bitcoin is generally on the brink of being a monopoly, such is its dominance. There are two things one must know about Bitcoin: how it started and what it offers. First and foremost, the token was mentioned in a whitepaper written by someone named Satoshi Nakamoto in 2008. The author used a pseudonym, and his or her identity is still a secret. Although attempts have been made to uncover his personage, they have always been in vain. A few months after the publication of the document, Bitcoin was officially launched in 2009.
Secondly, Bitcoin became the first project to provide a decentralized solution in a peer-to-peer format. To comprehend Bitcoin's unique selling proposition, we must know both terms. If a service is decentralized, it means transactions occur between parties sans intermediaries. If you possess BTC tokens, your transactions are not governed by the banks or overseen by the government. Additionally, the P2P aspect entails that each deal happens between users who are a) equal and b) independent. According to Nakamoto, he designed Bitcoin to facilitate transactions without the need for financial institutions. In his whitepaper, Nakamoto suggested that a decentralized ledger would package transactions in batches or "blocks" and the protocols would be protected by cryptographic algorithms. The process was later named "blockchain."
Polygon is a top ten token recognized for its versatile, user-friendly structure allowing users to conduct Ethereum scaling and development. The project's key component is Polygon SDK, a flexible framework facilitating the creation of different applications. Users can develop standalone chains, optimistic rollup chains, and ZK rollup chains on Polygon. One of Polygon's principal attributes is that the platform converts Ethereum into a legitimate multichain system i.e., an Internet of Blockchains. Polygon's structure is comparable to those offered by Avalanche, Cosmos, and Polkadot. The benefit of the Polygon multichain is that it mirrors Ethereum's ecosystem, security, and transparency. The native token is MATIC, which secures the platform and allows holders to exercise governance. The former mean users can vote each time a change is under discussion. Previously known as Matic Network, Polygon is a layer two scaling service supported by Binance and Coinbase. Polygon successfully merges the Plasma Framework with a proof-of-stake mechanism. The former was recommended by Vitalik Buterin, a co-founder of Ethereum.
Of course, no cryptocurrency, old or new, can match the prestige or position of Bitcoin. However, that hasn't stopped almost twenty-two thousand tokens from trying! The makers of Big Eyes Coin (BIG) are supremely confident their project can follow the example set by Bitcoin, Polygon, and other top-ranked platforms. The team behind BIG has created a system focused on decentralized finance. DeFi has witnessed a remarkable rise recently, which is why BIG's developers are optimistic about its chances. Besides, Big Eyes Coin has a charitable aspect: 5% of each transaction will be stored in a charity wallet, and the beneficiary will be the world's oceans. Simply put, with BIG tokens, you can contribute more than other tokens.
Want to join the BIG bandwagon? Hop on before it's too late by downloading MetaMask. The app will allow you to buy Big Eyes Coin with Ethereum or with your card. When purchasing in the Big Eyes Coin presale, use code SUSHI051 for BIG bonuses and content!
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
