Place/Date: - March 13th, 2023 at 1:27 pm UTC · 3 min read
Source: Big Eyes Coin
While the crypto market continues to engage investors in myriad experiences with its vicissitudes, the innovation and technology of some new coins on the block is worth investing time and money in. Big Eyes Coin (BIG), Mina (MINA) and Conflux (CFX) are storming the market with their revolutionary outlooks.
Big Eyes Coin (BIG) is the newest sensation in the meme coin space. It is as of now in stage 12 of its presale and has raised $31.29 million already. Big Eyes has successfully created a meme-loving community with its giveaways throughout the presale. This time it gets bigger and better with the latest Vault Pin.
The Vault Pin is used before one purchases BIG tokens. One has to enter “819” on the Big Eyes Website that will reward one with Loot Boxes. All purchases above $100 will be given Loot Boxes according to the amount of the money spent. The more one spends, the more loot boxes one gets to open.
This is a great time to invest in Big eyes as one can actually earn a huge amount of BIG tokens just by opening the Loot Boxes that come as a reward along with your purchase. Don’t forget “819”!
Mina (MINA) is a cryptocurrency project that aims to provide a decentralised blockchain that is both lightweight and scalable. It was launched in March 2021 and is based on a new technology called SNARKs (Succinct Non-Interactive Arguments of Knowledge), which allows for the creation of small proofs that can be easily verified, enabling the entire blockchain to be stored on a single computer or even a mobile device.
The main advantage of Mina’s lightweight blockchain is its scalability. By maintaining a small blockchain size, the network can process transactions quickly and efficiently, without the need for specialised hardware or large amounts of storage. Additionally, because the entire blockchain can be stored on a single device, Mina is also highly decentralised.
Conflux (CFX) is a decentralised, open-source blockchain platform that utilises a novel consensus algorithm known as Tree-Graph. Conflux is designed to address some of the scalability, security, and decentralisation challenges that traditional blockchain platforms face, while enabling the creation of decentralised applications (dApps) and smart contracts.
Conflux uses a Proof-of-Work (PoW) consensus algorithm, which rewards miners for validating transactions and creating new blocks. However, unlike other PoW-based blockchains, Conflux utilises a parallel mining mechanism that allows for greater throughput and efficiency. This mechanism enables multiple blocks to be mined simultaneously, leading to faster transaction confirmations and higher overall transaction throughput.
In addition to its unique consensus algorithm, Conflux also features a layer-1 sharding architecture that allows for parallel transaction processing across multiple shards. This further enhances its transaction processing speed and throughput capacity.
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