Big Eyes Coin Joins Cardano and Polkadot to Solve the Blockchain Trilemma

Big Eyes Coin Joins Cardano and Polkadot to Solve the Blockchain Trilemma

The big three – decentralization, scalability and security are issues facing the general population of blockchains in the industry. It has been argued that a decentralized network can offer one or two, but not all.

Offering everything means one or two will be available at a lower scale, sacrificing the efficiency of that solution. Despite the inevitable trilemma, many chains like Cardano and Polkadot have gone ahead to do their best, providing impressive security, high scalability and decentralization.

A new platform called Big Eyes Coin (BIG) is governed by protocols aimed at achieving decentralization and security for users, with scalability features in the works.

Big Eyes Coin (BIG) decentralization with Ethereum (ETH)

Big Eyes Coin (BIG) springboard is the Ethereum chain, so it enjoys flexibility and decentralization, along with tight security. For users, this means they can trade, buy and sell digital assets without going through hoops.

Ethereum (ETH) is also compatible with smart contracts, allowing the Big Eyes Coin (BIG) platform to be more practical. These uses will give BIG, the original token, the properties of a monetary medium of exchange and a means of storing economic value.

The value will also remain relatively stable over time, removing the risk of investors ‘going home’ due to price volatility and investment losses. As Big Eyes Coin (BIG) grows into a scalable network, capable of competing with the best guns, its features will also improve for the benefit of its users.

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Big Eyes Coin (BIG) security solutions

Taking a lift from Ethereum’s (ETH) credibility as one of the most secure chains in the world, Big Eyes Coin (BIG) has established a reliable level of security.

As Ethereum merges, the level of security is increased, allowing resistance up to 51% on the layer-1 scaling solution.

On Big Eyes Coin’s (BIG) side, code audits have been conducted by leading security companies, such as Solidity Finance and Coinsniper, to establish the security of the project.

Although the team behind the project does not throw around security issues, setting up protocols to combat malware attacks, it has taken the first step towards establishing a secure base.

Cardano (ADA) Blockchain Solutions

Cardano (ADA) is a decentralized blockchain network based on peer-reviewed research and developed through evidence-based methods.

The network has come a long way in solving the blockchain trilemma, with ZK rollups for scaling solutions. Cardano (ADA) is secured using a proof-of-stake protocol known as Ouroboros.

Polkadot (DOT) blockchain solutions

Polka dot (DOTS) is another decentralized blockchain platform that provides transaction scalability across multiple chains by enabling a common set of validators.

It provides a layer-1 solution, with better efficiency and decentralization. One advantage it has is achieved through parachains, which further improve security, scalability and lower gas fees.

Conclusion

While blockchain technology has shown its undeniable utility in sectors from cryptocurrency, finance to art, the challenges are sources of limitations, especially in the crypto industry.

There is a need for solutions, for the likes of Big Eyes Coin (BIG), to create a system where decentralization, security and scalability can coexist.

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For more information on Big Eyes Coin (BIG);

Advance sales: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram:

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 NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.

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