Big Eyes Coin, Cardano And Ethereum Pre-Sale

Proof of work (PoW) is a way that transactions on a blockchain network are validated and verified. To validate transactions and add a new block to the blockchain, PoW miners compete with one another to solve challenging mathematical problems. The first miner to complete the problem receives a specified amount of cryptocurrency tokens as payment. Cryptocurrencies that use PoW include Bitcoin (BTC) and Dogecoin (DOGE).

The other popular consensus method used in blockchain networks is called proof of stake (PoS). In PoS, validators are chosen to produce new blocks according to their stake in the network (i.e., the number of coins they own), as opposed to PoW, where miners compete to solve challenging mathematical puzzles. This means that a validator’s chances of being selected to validate transactions and add new blocks to the blockchain increase the larger the stake of cryptocurrency they hold. Compared to PoW, PoS is much more energy-efficient.

In this article, we will look at three PoS coins that are performing exceptionally well right now: Cardano (ADA), Ethereum (ETH), and Big Eyes Coin (BIG).

Ethereum: Proof Of Stake Well-Done

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Ethereum (ETH) is a decentralised, open-source blockchain network that enables the development and execution of smart contracts. Smart contracts are contracts made completely of code that automatically carry out their terms. They make it possible to automate contract execution and simpler to create decentralised applications (dApps) on top of the network.

Like the other biggest cryptocurrency Bitcoin (BTC), Ethereum used to run on the PoW consensus mechanism until September 2022 when it moved onto PoS, a move dubbed ‘The Merge’. Ethereum moving to a PoS method to validate transactions greatly increased the energy efficiency of the network, making it 99.9% more efficient. This deflected a lot of the criticism aimed at cryptocurrency’s extraordinarily high energy consumption from PoW validation.

Cardano: The Biggest Proof Of Stake Crypto Before Ethereum

Cardano (ADA) aims to bring a safe, long-lasting, and interoperable infrastructure for the creation and execution of smart contracts and decentralised applications. Before the Ethereum Merge, Cardano was the most popular PoS cryptocurrency by market cap in the crypto space, showing that a PoS system was possible to execute.

Cardano uses a formal verification process and a multi-layer architecture to guarantee the security and dependability of its smart contracts. Compared to other blockchain systems, the Cardano network seeks to be more decentralised and sustainable.

Big Eyes Coin: Smaller Environmental Pawprint Than Dogecoin

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Big Eyes Coin (BIG) is an example of an up-and-coming meme coin using the PoS consensus mechanism. The most popular meme coin right now is Dogecoin (DOGE), and it uses the PoW, a process that whilst more secure, its carbon ‘pawprint’ is much bigger.

Big Eyes Coin aims to not only minimise carbon emissions and energy consumption but also actively help the environment through donations to ocean conservation charities. Many investors are seeing the promise of a meme coin with social utility, and flooding to it – Big Eyes Coin has raised over $16.2 million in its pre-sale and continues to gather momentum.

Also, now live on the Big Eyes Coin website is a calculator to see how much you could potentially earn if Big Eyes Coin goes to different price points! You can connect your crypto wallet, and visually see the gains you could make.

With the promotional code LAUNCHBIGEYES200, you can get a 200% bonus on each transaction you make. If you spend $10, you’ll get a bonus of $20 in Big Eyes Coin tokens, growing your total investment value to $30! This is a fantastic offer that rewards early adopters with great financial incentives for being a part of the community before the rest of the crypto space catches on.

PoS cryptocurrencies like Ethereum (ETH), Cardano (ADA) and Big Eyes Coin (BIG) are gaining much more traction due to their energy efficiency and lower carbon footprint. Though PoS can lead to crypto whales having more governance in the network, the benefits brought to the table by PoS outweigh the negatives.

Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

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