Cryptocurrencies have played an important part in our daily lives, from facilitating cross-border payments to fostering strong communities that bring people together for good humanitarian causes and are generally entertaining. It is difficult to fathom a world without cryptocurrencies such as Polygon (MATIC), Zcash (ZEC), and Big Eyes Coin (BIG).
Polygon (MATIC)
Polygon (MATIC) is an Ethereum blockchain-based Layer II scaling solution. It is a simple blockchain solution for developers and FinTech providers to create decentralized applications (dApps) and smart contracts.
Polygon (MATIC) is also considered an Ethereum killer in the cryptocurrency market due to its quick speed, scalable ecosystem, and low transaction costs, in contrast to Ethereum, which charges a large gas tax. Polygon network promises to be capable of supporting up to 65,000 transactions per second (TPS), making it one of the most scalable options in the cryptocurrency market.
The native token of this huge and well-structured ecosystem is MATIC. In actuality, the solution was introduced in October 2017 under the moniker “Matic Network,” which was then renamed Polygon, with Matic serving as the token’s shorthand ticker.
Polygon (MATIC) is a layer-2 scaling network meant to scale and develop the Ethereum (ETH) chain. Polygon (MATIC) is made up of the Polygon SDK, a versatile framework that allows Polygon (MATIC) to construct a variety of applications. Polygon tokens (MATIC) or MATIC are inherent to Polygon (MATIC) and allow developers to create ZK-Rollup chains and optimistic rollup chains, among other things.
Polygon (MATIC) already has 19,000 decentralized applications (dApps), and millions of users conduct millions of transactions each day! Polygon (MATIC) has gained interest because it is a component of Ethereum (ETH), owing to the anticipated Ethereum (ETH) merger, which will inevitably involve Polygon (MATIC).
Zcash (ZEC)
Zcash (ZEC) is a cryptocurrency that employs the zero-knowledge proof mechanism zk-SNARK. When network nodes validate transactions, this strategy avoids sensitive information from being revealed. However, this technique is not unique to the coin and is employed by other cryptocurrencies. ZEC is the platform’s governance and utility token, and it can be traded on major cryptocurrency exchanges. Among them are Binance, HitBTC, Huobi Global, BKEX, OKEx, and FTX.
The Zcash (ZEC) team has revealed plans to significantly improve the platform to provide clients with a better user experience. This upgrade is expected to result in a considerable boost in price movement, therefore investing early may be worthwhile to ensure exposure before a period of growth. zk-SNARKs are a sort of zero-knowledge proof technology that allows nodes on a blockchain network to undertake transaction operations without disclosing crypto users’ transaction details.
One of the primary benefits of the ZCash platform is the 75-second block time it enables crypto users when trading, as compared to the considerable timeframe it takes to execute transactions on other cryptocurrencies.
In addition to preserving the coin’s anonymity, the ZCash (ZEC) team is concerned with safeguarding its fungibility, which means that each coin retains its value to other currencies and is resistant to manipulation. It is difficult to trace the beginnings of the ZCash (ZEC) coins since they are disconnected from the tale of their use. Despite competition from other privacy-focused coins like Monero, the ZCash (ZEC) project established itself swiftly in the coin market.
Big Eyes (BIG)
Big Eyes Coin (BIG) is a unique take on meme coins because the newcomer chose a cat-based mascot as the face of its business when all of its predecessors used dog-based iconography. Big Eyes coin is a new cryptocurrency on a mission to promote riches while also saving the oceans.
The new coin intends to send wealth into the Decentralized Finance (DeFi) ecosystem to establish its identity and recognition through the influencer economy. Big Eyes (BIG) can be commended for its astute marketing plan alone since its adorable, lovable cat has the potential to be adopted and supported by global superstars and influencers. And, because Big Eyes is confident in its goals, it has set aside 5% of its tokens to finance marketing initiatives.
Big Eyes (BIG) worms its way further into people’s hearts with its altruistic goal to rescue oceans by donating to charities that devote their time and effort to saving water-based ecosystems. Big Eyes has allocated 5% of its tokens to a charity wallet, via which donations will be given to ocean sanctuaries throughout the world.
Big Eyes (BIG) has even gone so far as to include its plans in its cat command roadmap, outlining when it will make its first and second donations during stages one and two. The token intends to make a substantial donation of $1 million in the fourth stage. Buy Big Eyes (BIG) today and join the movement!
Learn More:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
-Advertisement-
