The big three – decentralization, scalability, and security are issues faced by the general population of blockchains in the industry. It has been claimed that a decentralized network can offer one or two, but not all.
Offering all means that one or two will be available on a lower scale, sacrificing the effectiveness of that solution. Despite the inescapable trilemma, many chains like Cardano and Polkadot have gone ahead to do their best, providing impressive security, high scalability, and decentralization.
A novel platform called Big Eyes Coin (BIG) is governed by protocols geared 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) stepping stone 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 smart-contract compatible, allowing the Big Eyes Coin (BIG) platform to employ more practical uses. These uses will give BIG, the native token, the characteristics of a medium of monetary exchange and a means of storing economic value.
Its value will also remain relatively stable over time, removing the risk of making investors “go home,” due to price volatility and investment losses. As the Big Eyes Coin (BIG) grows into a scalable network, capable of competing with the top guns, its features will also improve to benefit users.
Big Eyes Coin (BIG) Security Solutions
With the boost from Ethereum’s (ETH) credibility as one of the safest chains in the world, Big Eyes Coin (BIG) has established a trustworthy level of security.
As Ethereum merges, the security level is ramped up, allowing for resistance up to 51% on the layer-1 scaling solution.
On the part of Big Eyes Coin (BIG), code audits have been carried out by leading security companies, like Solidity Finance and Coinsniper, to establish the security of the project.
While the team behind the project isn’t slacking in security issues, setting up protocols to combat malware attacks, it has taken the first step toward establishing a secure base.
Cardano (ADA) Blockchain Solutions
Cardano (ADA) is a decentralized blockchain network founded on peer-reviewed research and developed through evidence-based methods.
The network has come a long way in solving 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
Polkadot (DOT) is another decentralized blockchain platform providing transactional scalability across multiple chains by enabling a common set of validators.
It provides a layer-1 solution, with better efficiency and decentralization. An edge it holds is achieved through parachains, which further improves security, scalability and lowers gas fees.
While blockchain technology has shown its indisputable utility in sectors from cryptocurrency, finance to art, its challenges are sources of limitations, especially in the crypto industry.
There is need for solutions, for the likes of Big Eyes Coin (BIG), to create a system where decentralization, security, and scalability can co-exist.
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