From Bitcoin to Cardano & Big Eyes- Evolution of Crypto & what lies ahead


 

 

 

But how has the crypto industry evolved, and how did we get from Bitcoin to the market’s latest projects, like Big Eyes Coin?

In this article, we will be looking at Bitcoin, Cardano, and Big Eyes Coin, to see how the innovations created by each project lead the way for the projects that followed. We will also look more closely into Big Eyes Coin, to see what a project like this can tell us about the future of the industry. 

Bitcoin Begins The Crypto Revolution

Created as a direct response to the 2008 Financial Crisis, Bitcoin was designed specifically to be a currency free from the restraints of the banking system. It was a currency that was completely digital, owned and monitored by its users, using a decentralised ledger system called the blockchain. Information on the blockchain was stored communally and is unable to be tampered with.

Bitcoin was the first cryptocurrency, and for its time was revolutionary. A currency without banks, that was virtually regulated and completely anonymous was something unheard of at the time, and for a population jaded by the big banks and Wall Street, was exactly what they needed. 

However, beyond being used as a virtual currency and tool for investing, Bitcoin is a fairly simple cryptocurrency. This gave upcoming projects a lot to work with, which allowed the industry to blossom into what it is today. 

Cardano Catapults Proof-of-Stake 

Launched in 2017, Cardano was designed with eight years of cryptocurrency knowledge under its belt, allowing it to exist beyond being just a form of virtual currency.

Cardano was designed to allow innovators and trendsetters to see their dreams fulfilled, using Cardano’s open-source technology. It is a blockchain network that can be used by anyone, intending to leave a positive impact on the world around it.

Cardano is also a Proof-of-Stake blockchain, being one of the first to implement this technology and one of the main reasons that this technology has reached the heights of popularity it currently receives. To leave a positive impact on the world, using blockchain technology that minimises environmental damage is a great way to go about it.

This is also one of the main inspirations for choosing this technology for one of the latest projects to hit the market: Big Eyes Coin.

Big Eyes Coin Rewrites The Meme Token Rulebook

Big Eyes Coin is a cryptocurrency project that is taking the meme token rulebook and throwing it out the window, doing so in several ways.

Meme tokens are a subset of the crypto market that began in 2013 with Dogecoin, which saw an explosion of popularity in the late 2010s and early 2020s thanks to endorsements from celebrities like Elon Musk and the seemingly never-ending waves of dog-themed meme tokens entering the market during this time. 

Like Cardano, Big Eyes Coin utilises the Proof-of-Work validation system, thanks to being built on the Ethereum Network- a blockchain that only recently became compatible with this technology after an event known as The Merge. This was done to propel the project’s environmentalist message of protecting the oceans, as without using an environmentally conscious blockchain, how would they be able to see their mission fulfilled?

Alongside its environmentalism, which is backed up by a charity incentive set to donate to ocean charities, Big Eyes Coin is also shaking up the meme token market with its rebellious image and defiance of meme token conventions. As previously stated, dog-themed tokens have come to define the market, making Big Eyes Coin a breath of fresh air to those who have grown jaded by the market’s repetitive nature.

All this, alongside no buying or selling taxes, an NFT line, and so much more, makes Big Eyes Coin a clear departure from the simplicity of the use case seen with Bitcoin. But, despite this, the future looks bright for Big Eyes Coin, and if the popularity of this project is anything to go by, the crypto market will continue down a path of creativity and innovation to help the technology reach an even wider audience. 

Learn more about Big Eyes Coin at:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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