A significant advantage of cryptocurrency was its decentralization factor of it. This means that cryptocurrency projects thoroughly eliminated a central authority, choosing instead to give administrative responsibilities and governance rights to its community and users. However, this has posed a disadvantage as many cryptocurrency blockchains now exist with no way to talk to each other.

This is a major issue because many cryptocurrency projects have features unavailable in other Blockchain ecosystems, and constant Blockchain migration is not feasible and sustainable. Some projects have tackled these problems by creating and becoming scaling solutions, testnets, and layer two systems. Many have become parent chains for the building of numerous other side chains.

Three big crypto projects changing the game in cross-chain interoperability are Solana (SOL), Polkadot (DOT), and Big Eyes Coin (BIG).

Solana (SOL) – The Speedy Crypto

Solana (SOL) is an open-source cryptocurrency project that improves and revolutionizes high-speed permissionless transactions driven by decentralized finance (DeFi) technology. It aims to enhance Blockchain scalability while keeping operation and transaction costs low. It was developed by Anatomy Yakovenko, a former Qualcomm employee.

How does Solana work?

Solana (SOL) operates using a special modification of the proof-of-stake consensus mechanism called the Proof-of-History. It differs from the proof-of-stake by one major feature: adding the time component to blocks. This involves different nodes adding dates and times to blocks to reduce the computational time needed to arrange and validate transactions chronologically.

Solana operates its governance by staking. Unlike many blockchains, Solana requires users to stake a fraction of SOL tokens and a voting fee of 1 SOL every day to participate in voting. This means that validators can participate in the governance model of Solana, making the project faster. Solana (SOL) has a block time of 400 milliseconds, with the ability to carry 710,000 transactions per second.

Finally, the Solana ecosystem is not bottlenecked by software or ideas. It is only bottlenecked by hardware. This means that it is limited only by the technology of its time. As technological advancements improve, Solana would improve in turn.

Tokenomics of Solana

The SOL coin is the native coin for the Solana ecosystem. This coin serves many functions within the ecosystem, including utility and governance. The coin is used to pay transaction fees, trade, and stake in the ecosystem. Staking SOL coins give users governance and voting powers to make decisions within the Solana (SOL) ecosystem.

The SOL coin is both inflationary and deflationary. It is Deflationary because, for some time, 100% of the transaction fees were burnt. This percentage now sits at 50%. As a result of this, the total supply and circulating supply of Solana would continue to decrease, causing an increase in demand and market value.

The token distribution saw 36% of the total coins go into the initial coin offering (ICO) stage of the project, 13% to the developers and team, 10% to the SOL foundation, and 39% to community projects, initiatives, and campaigns. However, the SOL coin is also inflationary because users earn 5% of staked coins as staking rewards. This percentage will be reduced to 1.5% within the next decade.

Polkadot (DOT) – The Profitable Crypto

Many crypto projects give you a general sense of what they are about from the project name. This is important as new users start to relate the name of the coins to their use case. For Polkadot (DOT), this rings true. Polkadot (DOT) is essentially represented by polka dots, or more accurately, a framework of parachains and side chains bound together by one main chain.

This means that Polkadot creates an avenue and conduit for effective communication between blockchains. With this innovation, Polkadot (DOT) aims to improve Blockchain interoperability by becoming a Layer 0 scaling solution. This means side chains within the ecosystem would not need to operate in isolation as they can be incorporated with other side chains and run effectively.

This is good news for decentralized application (dApp) developers who want to build their dApps on different chains without having to build from scratch each time.

The Polkadot (DOT) Blockchain was developed and founded by Gavin Wood.

How does Polkadot (DOT) work?

Polkadot (DOT) is a proof-of-stake Blockchain that connects Blockchains and decentralized applications (dApps) in a hub and spoke mechanism. The hub of the Polkadot (DOT) Blockchain is the Relay chain, while the spokes are the various para chain options existing within the Polkadot (DOT) ecosystem.

Staking within the Polkadot ecosystem for governance would require at least 10,000 DOT coins. This ensures that the validators are financially invested in the project and would not cheat the system.

The strength of the Polkadot ecosystem comes from its Treasury and the Kusama test network. The treasury is a depository of funds accumulated from network fees and proposal requests. These funds go into several projects like community building and outreach programs, marketing, software development, and security.

The Kusama Testnet

Kusama is a testnet for the experimentation of innovations and improvements to go on the mainnet. However, it is important to note that testing new ideas and features on Kusama doesn’t come without repercussions. Kusama is a fully functional Blockchain that requires financial resources to test features, programs, and products to ensure they are safe for integration into the Polkadotmainnet.

The great importance of the Polkadot (DOT) ecosystem is that it recognizes the time and place for experimentation. This flexibility for testing ideas greatly improves Polkadot as an interconnected and secure crypto ecosystem.

What is Big Eyes Coin (BIG)?

When we think of a fun and innovative project wholeheartedly committed to community improvement and development, financial growth, and cryptocurrency advocacy, only a few crypto projects come to mind. None of them are as mind-blowing and revolutionary as the Big Eyes Coin (BIG) project.

The core mission of the Big Eyes Coin (BIG) project is to create wealth and financial growth within the DeFi sector and protect the interests and assets of users by creating a self-drive Blockchain ecosystem that offers access and information to more services within the Blockchain.

The Big Eyes Coin Mission

Big Eyes Coin is set to become a leading community-driven meme coin of the decade. It already has a major stake in charity projects that are dedicated to saving the oceans of the world and protecting marine life and fragile aquatic ecosystems. Big Eyes Coin (BIG) is also involved in NFT development and commercialization. This would be improved by the Big Eyes NFT collection set to launch soon after the project launch.

Big Eyes Coin (BIG) also considers the importance of a safe and secure platform for trading and exchanging digital assets and cryptocurrency. This has led to the development of the Big Eyes Swap. This DEX would facilitate cheap, fast, and hassle-free cryptocurrency transactions without tax and fees.

Big Eyes Coin (BIG) also intends to set up cross-chain bridges to facilitate ease of communication between different Blockchains and allow for the integration and migration of dApps into the Big Eyes ecosystem.

Tokenomics and Distribution

The BIG coin is the native token and utility token within the Big Eyes ecosystem. This token also grants voting privileges and rights to the BIG Eyes Community.

At launch, 90% of the coin’s 200 Billion total supply would be made available. This would be divided into 70% for the public presale and 20% for the exchange. 5% of the remaining 10% would go to charity, while the remaining 5% would go to marketing campaigns and outreach programs.

The Big Eyes Coin Roadmap

 Big Eyes Coin seems to have its eyes set on great things for the project’s future with its 4 phase roadmap. This roadmap features activities that would translate to a better ecosystem fully committed to community development, wealth creation, scalability, and charity.

Phase I: CROUCH

• Token audit
• Presale website launch
• Presale event
• Media campaign

Phase II: LEAP

• Uniswap DEX listing
• Website launch
• Charity event
• Influencer campaign
• NFT collection sneak peek
• Big Eyes Swap launch
• Cross-chain bridge
• Merch sale and distribution

Phase III: RUN

• NFT collection launch
• Whitelist mint
• 2nd charity event
• 2nd influencer campaign

Phase IV: CATWALK

• Community development events
• 3rd charity event
• Influencer campaign and marketing campaign
• Bridge more chains
• NFT evolution

More information on the Big Eyes Coin and its numerous projects are contained within its white paper and website. With the coin set to launch soon, expectations are high, and there is an air of optimism about the project’s market dominance within the cryptocurrency industry.

The importance of communication within sophisticated systems cannot be overemphasized as it tends to make operations run smoothly and improve the general user experience. This is why scalability and interoperability within Blockchain ecosystems are important because Blockchain acts as a driving force for crypto solutions. Luckily, Big Eyes Coin (BIG) has implemented several ground-breaking innovations to improve scalability and offer seamless interoperability within the crypto industry.

Here is your chance to join in the revolution and buy into Big Eyes Coin while it is in its presale, and the returns could be very high in the future.