The launch of decentralized finance (DeFi) has paved the way for cryptos like Big Eyes Coin (BIG) to achieve true decentralization. This means total freedom from government-controlled finance institutions.
DeFi was built as an answer to the limitations of centralized finance. Anybody with a smartphone and internet connection could join and enjoy the DeFi train, yet it is still inaccessible to many parts of the world.
The issue is not with the number of platforms that offer DeFi. The issue is with the number of platforms not limited to regions. Only a handful of crypto platforms are willing to go beyond popular regions and states across the globe.
This inaccessibility is one of the issues that Big Eyes Coin (BIG) aims to solve. By breaking the barrier of regional limitation, Big Eyes aims to make DeFi accessible to everyone who can afford a smartphone.
Big Eyes Coin (BIG), alongside Avalanche (AVAX), and Elrond (EGLD) operate on some form of decentralization to truly achieve their aims. This article will talk about how these platforms are accessible to you and how to buy cryptocurrency suitable for you.
What is Big Eyes Coin (BIG)?
Big Eyes Coin (BIG) is among the highest trending meme coins. It is showing more promise than most meme coins before it. Through its mission statement, it has achieved so much popularity that it is predicted to perform as well as its successful predecessors.
This meme coin has a mission: to transfer wealth into the DeFi ecosystem and make DeFi accessible across the globe. This wealth will not only go into the Big Eyes (BIG) community, but it will also go into charity funding for the world’s oceans.
The goal of making DeFi accessible to more people was born out of the need to educate more people on the possibilities of decentralization. The community of Big Eyes (BIG) will own as much as 90% of its tokens during launch. This percentage ensures that governance power remains with the users in the community.
Big Eyes Coin (BIG) will adopt several strategies to tackle inaccessibility issues. These strategies include the Big Eyes swap, back-end systems, how-tos, and tutorials that simplify the process. Buying into Big Eyes Coin (BIG) will help you secure and build the wealth you deserve. Join the presale and enjoy early bird privileges.
Avalanche’s Key Features
Avalanche (AVAX) is an eco-friendly network that allows software developers to build facilities like smart contracts, decentralized apps, and custom blockchains.
The Avalanche (AVAX) network has done well over the years. After the network announced a $180 million liquidity incentive program, more DeFi protocols have been launched on the Avalanche (AVAX) network. Their users enjoy rewards from AVAX tokens and regular interest from payments.
Three layers of interrelated blockchains secure the Avalanche (AVAX). It adopted a SNOW protocol, a family of consensus protocols that allows the network to achieve efficiency, security, and high transactional capacity. Also, AVAX, the native token of Avalanche, is staked by users to validate transactions on the network’s blockchain.
Elrond - The Revolutionary Platform
Elrond (EGLD) is a futuristic blockchain platorm that is fast, secure, highly scalable, and accessible to anyone, anywhere. It implements a system called sharding. Sharding simplifies transactions, contract building, the development of decentralized platforms, and wealth distribution.
Shards are small pieces of Elrond’s (EGLD) network for scaling. Each shard accounts for a part of the transaction processing and state assets like accounts, blockchain, and smart contracts.
Elrond (EGLD) uses a mechanism called adaptive state sharding to address the issue of low output and crypto latency.
What this mechanism does is that it combines all three sharding types - state, transaction, and network - into a channel that increases performance through parallel processing. Elrond's resources (EGLD) can be accessed without limitations, including its DeFi platform.
Accessible DeFi plays a vital role in any decentralized economy. What will be the point of having a decentralized platform if centralized institutions still control the finances?
Big Eyes Coin (BIG)
This article does not necessarily reflect the opinions of the editors or management of EconoTimes