Blockchain technology is considered the backbone of cryptocurrencies. Without the solid foundation of blockchain, many cryptocurrencies wouldn’t exist. Blockchain technology facilitates storing transaction records in multiple databases within a network that facilitates peer-to-peer communication. Blockchain also enables the electronic exchange of assets, and tracks all activity in an easily auditable manner. Information is always available on a distributed ledger, visible to all, providing a clear and transparent system. The importance of blockchain cannot be overemphasized, so any improvements made by crypto assets are always welcome. In this article, we’ll discuss 3 coins that have greatly improved blockchain technology, Solana (SOL), Ethereum (ETH), and Big Eyes Coin (BIG).
Solana (SOL): Redefining Blockchain Technology
Solana (SOL) is a cryptocurrency platform with a public chain running on smart contracts. This platform is a prime example of crypto assets that rely heavily on blockchain technology. Solana (SOL) relies heavily on blockchain technology and has made several improvements to make it even better. The Solana (SOL) blockchain is highly performant, offering users efficiency, speed, security, stability, and virtually zero transaction fees.
With Solana’s (SOL) unique improvements to blockchain technology, we expect the high level of trust many cryptocurrency users and investors have in their coins. Analysts believe the value of Solana (SOL) will skyrocket over time. Many other cryptocurrencies have copied and cloned their own additions to the Solana (SOL) network. That is why Solana (SOL) is considered one of the best coins for long-term investment. Solana (SOL) is a minefield for numerous development projects. There is no doubt that the value of Solana (SOL), which has various possibilities, will increase over time.
Big Eyes Coin (BIG): The New Meme Coin in Town
Big Eyes Coin (BIG) is a unique crypto asset that builds on existing technology to create an improved system for utility and experience. This coin is a community asset that aims to enrich the community by transferring wealth to the Decentralized Finance (DeFi) ecosystem. In addition to dabbling in DeFi systems, Big Eyes Coin (BIG) also plans to integrate its systems into self-propagating blockchain technology.
Apart from that, Big Eyes Coin (BIG) also plans to expand its NFT space in the cryptocurrency market. Using NFTs will allow platforms to provide users with access to more content and activities. The token’s uniqueness extends beyond its transition into the DeFi world. It’s a unique meme token that deviates from the usual dog theme and is instead cat-inspired. This cat-themed coin is super cute and welcomes cryptocurrency users.
Ethereum (ETH): Best Altcoin in the Crypto Space
Ethereum has dominated blockchain technology since its introduction in 2015. In fact, over 2,700 of the blockchain giant’s dApps use Ethereum blockchain technology. The Ethereum platform hosts some of the most anticipated news in crypto history. Before September 15th, Ethereum used an outdated consensus model known as Proof of Work (PoW). This age-old consensus means that Ethereum’s slow transaction speeds hinder its ability to scale. However, Ethereum has now switched to a Proof of Stake (PoS) consensus algorithm, allowing the blockchain to reach its blazing 100,000 transactions per second speed. Additionally, Ethereum has reduced its carbon footprint by 99.95%, allowing the platform to scale while being environmentally responsible.
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