SPONSORED POST*
The Web3 space is beneficial in blockchain technology because of its data analysis capabilities. As Blockchain technology grows, developers search for various solutions to enhance the overall usability and experience. Polkadot and Cosmos Hub were created to solve these issues by connecting blockchains and allowing them to operate as a unit.
Polkadot and Cosmos Hub provide the same service yet rank at different numbers regarding market capitalization. Why? Is one undervalued and the other overvalued? We aim to answer this question. We will also look at how Big Eyes Coin provides its users with various features that create an exceptional experience.
Summary
Polkadot (DOT) – Aligning Value with Capability?
Ethereum co-founder Gavin Wood created Polkadot, which connects private and public blockchains and oracles. It operates a hybrid consensus system named GRANDPA (Ghost-based Recursive Ancestor Deriving Prefix Agreement) and BABE (Blind Assignment for Blockchain Extension).
Independent blockchain networks can utilize Polkadot to transfer information and transactions between them. With the hybrid consensus, blocks can be generated quicker, reducing the risk of slowing down the transaction process.
The use of DOT actively provides 3 main functionalities: Interoperability, Scalability, and Security. With interoperability, it solves the current disconnect between independent blockchains by enabling them to interact with data and assets on other blockchains. This develops a trustless ecosystem and provides greater efficiency. Scalability removes the issues of sequentially processed transactions and limited speeds by allowing its several para chains to run parallel transactions. A later model of DOT could amplify the scalability up to 10,000 times more than a current Proof-of-Stake system.
Polkadot creates a security pool by allowing individual chains to leverage their existing security and strengthen their weak points using security resources provided by the Polkadot relay chain.
Cosmos Hub (ATOM) – Same but Different?Â
Cosmos is a decentralized system of independent, interoperable, parallel blockchains like DOT. Still, it is connected by an Inter-Blockchain Communication (IBC) model and creates a bridge to blockchains like Bitcoin and Ethereum.
The Cosmos Hub operates with application, consensus, and networking designed to enable flawless communication between blockchains in the ecosystem. It uses the Tendermint Byzantine Fault Tolerance (BFT) algorithm to connect layer 1 blockchains on the system.
Doing this allows multiple blockchains to run synchronous PoS activities through common functionality. Additionally, unlike Polkadot, ATOM does not provide unified security.
Big Eyes Coin – Big Goal, Big Rewards
Big Eyes Coin is about to be the latest competition for Dogecoin and Shiba Inu, giving them a run for their money. The coin has a variety of unique features that can be unlocked in presale and present investors with very satisfactory returns. The platform has, so far, raised $33 million of the $50 million goal, which speaks to the excitement and confidence of its investors. The platform has given users loot boxes that cost between $10 and $10 000 and have prizes worth $500 – $1 million. These can be unlocked using the code BULLRUN250, which also comes with a 250% bonus.
In addition to monetary loot boxes, Big Eyes Coin has recently created an NFT collection hosted on OpenSea, which can be collected, minted, and traded to give users an additional reward.
Big Eyes Coin is also big on the charity side of investing, as they have pledged 5% of their total earnings to an ocean conservation organization. This allows investors to get their eco-friendly portfolio started.
Altogether, Both coins are ranked precisely how they should be because of their capability. Although ATOM may provide synchronous activity, Polkadot’s capability is highly designed. Polkadot provides unified security and allows for data and token transfer, whilst COSMO Hub does not. Polkadot should likely have a higher ranking because it provides a better overall experience than the coins above it.
For More on Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
*This article was paid for Cryptonomist did not write the article or test the platform.
