Bitcoin (BTC) has been the number one cryptocurrency in terms of market value, but other coins have been gaining traction over time. The increased popularity of these coins has led to an increase in their value and a decrease in Bitcoin’s value.
Polygon (MATIC) and Filecoin (FIL) have been at the center of the crypto industry for a number of years, and they have been joined by Big Eyes Coin (BIG) to surpass expectations and stand out in the crypto market.
With its ongoing presale, big Eyes Coin (BIG) is making waves in the crypto market. With a fixed supply of 200,000,000,000 BIG tokens, BIG serves as the native and governance token of the Big Eyes project.
Big Eyes Coin has introduced a system so that users do not pay taxes, no matter the transaction performed, NFT traded, or Big Eyes merch bought/sold. In addition, Big Eyes Coin is the ocean by donating 5% of its profit to charity for marine life conservation.
The main members of the Big Eyes Coin team include Top Cat (PawZilla), Tech Cat (CatNipper), Hype Cat (HypePurrr), Op Cat (TenPaws and CatSuit), and Law Cat (CatsEyes). This team of five works together tooth and cute running the Big Eyes network.
Polygon (MATIC) aims to reduce the complexity of scalability and facilitate instant blockchain transactions by creating a highly scalable solution that makes it easier to develop Decentralized Applications (dApps). Polygon is a fork of Ethereum, so it has most of the benefits of Ethereum. Using its native cryptocurrency, MATIC, the Polygon network is designed to be more efficient than current systems, making it possible to process thousands of transactions per second while maintaining high security and privacy levels. Polygon is a fork of Ethereum, so it has most of the benefits of Ethereum.
Polygon was created to solve the problem of scalability in blockchain technology. The current industry standard is matriciel because it has already been tested and proven to handle large volumes of transactions. However, it only works with the crypto tokens built on top of matriciel’s codebase. Polygon takes those same principles and applies them to Bitcoin, which is more than 200 times larger than matriciel’s system. The result is what Polygon calls “instant blockchain transactions” — a process that takes place in less than one second and handles up to 10 million transactions per second.
Secured by both the Proof-of-Replication and Proof-of-Spacetime consensus mechanisms, Filecoin is a decentralized storage system that rewards users who host files and store them on their computers. FIL is Filecoin’s native cryptocurrency that powers the network and is used to perform every transaction on Filecoin.
The Filecoin project was first described in 2014 and was built by the same team that created the Interplanetary File System (IPFS). It works the same way as IPFS, except it stores files more efficiently than IPFS. This means it will take less time and space to store files on Filecoin than on IPFS.
The Filecoin (FIL) cryptocurrency incentivizes and rewards people who store data on the Filecoin platform. The more data users upload and store on Filecoin’s network, the more FIL tokens they earn. The FIL currency has other uses beyond just storing files. Holders of the coin can use it as a payment method in some applications, as well as trade it with other coins on exchanges. Filecoin (FIL) can also be purchased or sold directly from other users by sending through an in-built feature on the Filecoin ecosystem called “Filecoin Exchange.”
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