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HomeNewsOther NewsCrypto 101 - Bitcoin, Big Eyes Coin, and Ethereum; What is Crypto?

Crypto 101 – Bitcoin, Big Eyes Coin, and Ethereum; What is Crypto?

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In today’s day and age, mankind has taken several giant leaps when it comes to technology. What were just mere ideas a few decades ago have today become a reality. From architecture and automobiles to banking, technology has heavily influenced every aspect of humanity. One such aspect is currency.

What is Cryptocurrency?

Crypto, or cryptocurrency, is an alternative to the physical currency we’re so accustomed to today. It is a digital currency that uses encryption algorithms through a computer network and is independent, i.e., it doesn’t require a central authority for it to function.

Since cryptocurrencies use encryption technology and are linked through a peer-to-peer network, they also act as a digital accounting system that keeps track of every transaction. In order to use cryptocurrency as a mode of payment and carry out transactions, a cryptocurrency wallet is required.

Whilst we speak about cryptocurrencies like Bitcoin and Ethereum, one particular name comes to mind that might skyrocket in the days to come -Big Eyes Coin.

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Whilst we speak about cryptocurrencies like Bitcoin and Ethereum, one particular name comes to mind that might skyrocket in the days to come -Big Eyes Coin.

Whilst we speak about cryptocurrencies like Bitcoin and Ethereum, one particular name comes to mind that might skyrocket in the days to come -Big Eyes Coin.

Bitcoin, the King of Cryptocurrency

Bitcoin was introduced to the world in 2009 as an alternative form of payment by an unknown being under the name of Satoshi Nakamoto. BTC was implemented to create a form of payment and transfer that was connected by a peer-to-peer network and void of any federal institution or authority. With a limited supply of 21 million coins, Bitcoin uses a mining method, which is reliant on solving complex mathematical equations, to validate transactions.

Back in 2011, one Bitcoin was worth around $1. However, in November 2021, it soared to a staggering $66,000! Due to its global acceptance, Bitcoin can be purchased today almost anywhere on the planet; you can even use PayPal to buy some Bitcoin! As cryptocurrencies are currently low and regaining their values, if you’re looking to invest, now is a good time to do so!

Ethereum, the World’s Programmable Blockchain

Ethereum (ETH), launched in 2015 by Vitalik Buterin as a De-Fi coin, acts as a platform for decentralised applications and smart contracts. Unlike Bitcoin, ETH does not have a restricted supply, and Ethereum is the foundation for several distinct cryptocurrencies in the market today. However, there is a limit to mining Ethereum coins in a year. Currently, there are over 122 million Ethereum coins in circulation.

The value of a single Ethereum coin crossed the $10 mark in 2016. In November 2021, an Ethereum coin was valued at nearly $5,000! Crypto enthusiasts all over the globe agree to the fact that both Bitcoin and Ethereum will reach unimaginable heights in the future of cryptocurrencies.

Now let’s dive into a cryptocurrency that has a promising future amidst the giants like Bitcoin and Ethereum.

Big Eyes Coin also seeks to improve the environment alongside providing useful resources to its community

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Big Eyes Coin also seeks to improve the environment alongside providing useful resources to its community

Big Eyes Coin Presale Skyrockets over $21 Million

Big Eyes Coin (BIG) is the newest cat-themed meme coin in the crypto space that is backed by a cat-affectionate community and offers valuable real-world utility and use cases. Its presale, which is currently in its tenth stage, recently surpassed the $21-million mark, making it one of the largest crypto presales in the last 2 years. This is only a minute indication of the successes this coin will reach after its launch.

Big Eyes Coin also seeks to improve the environment alongside providing useful resources to its community. From the total supply of BIG, 5% will be donated to global charities that delve in improving the world’s ocean bodies.

Become a part of the puuur-fect community today and improve the planet’s oceans at the same time. Use the ongoing promo code LAUNCHBIGEYES200 to get an additional 200% increase on your investments and become a part of the largest crypto presale in the previous 2 years.

Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/ 

Website: https://bigeyes.space/ 

Telegram: https://t.me/BIGEYESOFFICIAL

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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