Big Eyes Coin envisages changes for the environmental crisis, while Bitcoin and Litecoin contribute.

The current state of our world and environment is grim. The earth has never been in such a terrible state. This is all due to climate change caused by pollution and greenhouse gas production. A million species are threatened with extinction and natural ecosystems have lost around half their area. Wild mammal biomass has declined by 82%, largely due to human activity. One of these human activities is crypto mining, which consumes a large amount of energy annually. Big Eyes Coin (BIG) wants to change that and be a greener cryptocurrency.

How Bitcoin (BTC) affects the environment.

Bitcoin (BTC) was the first cryptocurrency to hit the modern market in 2009. It is the most popular cryptocurrency today and has a market cap of $366,387,315,046 as of October 12, 2022. One of the main ways to acquire this cryptocurrency is through mining. There are many ways to mine cryptocurrency. However, the method created by Bitcoin that is most widely used today is the proof-of-work mining method. This method validates bitcoin transactions and adds blocks to the blockchain.

The way this process works is by getting users to solve complicated mathematical equations to create a hash that matches the target hash for the current block. This is the work in this situation. This gives the cryptocurrency miner the opportunity to add that block to the blockchain and earn rewards in the form of bitcoin. Smart computers often perform this process and therefore consume a lot of energy to operate. This results in bitcoin being consumed about 123 terawatt hours annually, significantly increasing the damage on Earth.

Litecoin (LTC) is not immune to criticism.

Litecoin was released in 2011, just after Bitcoin (BTC). Litecoin also uses blockchain technology; However, it differs from the Bitcoin blockchain. Despite being a different form of blockchain, Litecoin’s blockchain still uses the proof-of-work mining system.

This is just as harmful as Bitcoin using a proof-of-work mining system. Bitcoin might assume there won’t be as much backlash since they aren’t as popular as bitcoin, but in a world so focused on protecting its environment, there will always be backlash. This is especially likely as many other systems are being invented that will make the proof-of-work system obsolete, but it is still used and has a negative impact on the environment.

How Big Eyes Coin (BIG) is trying to change that.

Big Eyes Coin (BIG) is a pre-sale meme coin that has raised over $7 million so far. The coin features an adorable cat mascot which is a nice twist compared to the classic meme coin structure.

Big Eyes Coin (BIG), unlike the previous two coins, uses the Ethereum blockchain. This blockchain uses a different mining method instead. Cryptocurrency transactions are verified through a type of consensus process called Proof of Stake. With this approach, cryptocurrency holders can stake their coins, giving them the power to validate and add new blocks of transactions to the blockchain. This generates far fewer CO2 emissions which are around 99% lower. Alongside this, Big Eyes Coin (BIG) will set aside 5% of its total tokens for charities to save the oceans.

Summarize

Most major cryptocurrencies like bitcoin and litecoin produce huge amounts of CO2 emissions without any consideration for the environment. Big Eyes Coin (BIG) wants to change that and therefore uses a different blockchain that produces fewer emissions.

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Big Eye Coin (BIG)

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