Polygon (MATIC) and Big Eyes (BIG): Two of The Best Altcoins Utilising The Ethereum (ETH) Blockchainbit2main
As the market’s most successful altcoin, it is of little surprise that many of the projects built on the Ethereum (ETH) blockchain have also garnered a great deal of success, becoming major players in today’s crypto economy.
Two projects built on Ethereum (ETH) are Polygon (MATIC) and Big Eyes (BIG), uniquely utilising the technology they have been built upon to create user experiences unlike any other.
But just what can this technology provide? And why do so many projects build themselves on Ethereum (ETH)?
Polygon (MATIC) And Building The Ethereum Internet
Polygon (MATIC) is a platform designed with the express purpose of Ethereum (ETH) scaling, bringing the security and thriving ecosystem of the blockchain to new tokens and projects through a connected network, all while taking on some of the burden loaded onto the Ethereum (ETH) network which allows for faster and less expensive transactions.
With the number of users routinely using Ethereum (ETH), the blockchain has been noted in recent years to be buckling under its own weight, with transaction times being painfully slow or unreasonably expensive due to the demand of gas fees. This has allowed Polygon (MATIC) to sweep in and design their solution to the problem, skirting these issues for their users whilst also providing the benefits the blockchain provides.
Furthermore, by creating an integrated network of platforms and programs, Polygon (MATIC) has been able to create what they call the ‘Internet of Blockchains’ for Ethereum (ETH). This allows users to easily trade assets, explore dApps, and so much more, providing an immersive experience all while giving Polygon (MATIC) and Ethereum (ETH) more chances to reach a wider audience.
This all combines to make Polygon (MATIC) one of the most successful platforms built on Ethereum (ETH), and one that is worth exploring for all crypto enthusiasts.
Big Eyes (BIG) And The Merge
One of the biggest discussions being had around Ethereum (ETH) currently is its plan to shift to a proof-of-stake system, in a move being called The Merge.
The Merge will see the blockchain integrate with the Beacon Chain, which will not only lighten the load being placed on the blockchain but reduce the overall energy needed by Ethereum (ETH) to run transactions, due to the proof-of-stake system being a far more efficient and environmentally friendly validation system compared to the currently used proof-of-work.
This reduced impact on the environment and reduced strain on the Ethereum (ETH) system that The Merge is set to provide has caused more projects than ever before to begin building on the blockchain. One such project is the cat-themed meme coin Big Eyes (BIG).
Big Eyes (BIG) is a token that, according to the company, was designed and coded by the cat character which defines the brand. He is extremely clever, and very worldly, yet as a cat still has some interests that are simply part of his nature. One such interest is fish, with Big Eyes intends to help protect through the Big Eyes (BIG) token charity wallet.
To help protect and conserve the ocean and its inhabitants, Big Eyes (BIG) had to be built on a blockchain that would not contribute to the problem. This is why Ethereum (ETH) was chosen, with the knowledge of the benefits that The Merge were soon to implement.
As Big Eyes the cat himself explained in this interview, Ethereum (ETH) is extremely powerful, with an infrastructure unlike any other blockchain on the market. This, combined with the blockchain’s reduced environmental impact made it the perfect fit for Big Eyes (BIG), providing an infrastructure that can handle expansion and economic activity whilst also not damaging the oceans that Big Eyes (BIG) is so driven to save.
With all this in mind, it is clear why there is so much excitement surrounding the Big Eyes (BIG) token. It’s unique branding, combined with its dedicated charity drive makes it particularly appealing to new crypto users, however for experienced users wanting to hold and make returns, the token also has merits.
A dynamic tax system allowing for liquidity pool acquisitions and Auto-Burn functions, as well as its lack of a presale period, make Big Eyes (BIG) a very exciting project. It is one worth researching!
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.