SPONSORED POST*
Public pressure and grassroots activism ignited the environmentalism movement in the 1960s. It became apparent that the world was in danger, and the actions of large corporations were damaging our environment. Fast forward to today, and companies are now being held accountable for their environmental impact.
So, what are cryptocurrencies doing to limit their environmental impact? Avalanche (AVAX) and Solana (SOL) have taken strides toward sustainability, adopting a new consensus and limiting the energy needed to complete transactions.
Big Eyes Coin (BIG) builds on the Ethereum (ETH) network, allowing it to harness the power of its newly updated Proof-of-Stake (PoS) consensus. This editorial piece will examine the environmental impact of each cryptocurrency and whether Big Eyes Coin can replicate the same level of sustainability as Avalanche and Solana. Let’s begin!
Big Eyes Coin Starts Its Sixth Presale Stage!
Big Eyes Coin has garnered a lot of attention since the start of its presale. The new meme token has raised $8.5 million at the time of writing, creating a buzz around the feline-themed coin that departs from the routine dog-themed meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB).
By building on the Ethereum network, Big Eyes Coin has limited the energy needed to process each transaction. Ethereum has switched its outdated Proof-of-Work (PoW) consensus for PoS, reducing its carbon footprint by 99.95% and making it and Big Eyes Coin significantly more sustainable.
Big Eyes Coin has also opened a charity wallet to help thwart threats toward marine life. The charity wallet will contain 5% of BIG tokens in circulation, with regular donations to ocean sanctuaries planned. If Big Eyes Coin adheres to these plans, it could follow in the sustainable footsteps of Solana and Avalanche.
Avalanche’s Crusade Toward Carbon Neutrality
In November 2021, Avalanche announced that it had become carbon neutral, a considerable step forward in sustainability for the crypto market. It showed that even a crypto giant could limit the energy needed for transactions and still perform at such a high level, being one of the fastest time-to-finality blockchains.
Avalanche utilises a PoS consensus for three blockchains called subnets to maintain an efficient yet high-quality service. Avalanche’s blockchains, X-Chain, P-Chain, and C-Chain, are validated and secured exclusively by Avalanche validators.
Avalanche has become a viable alternative to slow PoW platforms, not just because of its high speeds but also because of its low energy consumption. Avalanche reportedly uses just 0.0005% of the energy that Bitcoin (BTC) uses, yet it provides a platform that can scale infinitely.
Solana’s Speed Is Nothing To Mess With
Like Avalanche, Solana has utilised a PoS consensus to become a scalability solution in the blockchain trilemma, processing 50,000 transactions per second at its peak performance. Due to its fast nature, Solana has become a heavyweight blockchain that over 350 dApps have decided to call home.
Solana looks to continue its dominance as a scalable network in the blockchain industry. An energy-usage report in March 2022 found that Solana achieved carbon neutrality through 2021. Solana’s carbon neutrality was possible through the Solana Foundation’s investment in refrigerant destruction, considered one of the best ways to reduce carbon emissions.
The Solana Foundation plans to continue its journey in reducing the carbon emissions that Solana is accountable for, releasing regular reports on energy consumption. With Uptober considered the best month to purchase cryptocurrencies historically, Solana could be a fruitful addition to your portfolio. The crypto giant has risen 1.62% in seven days at the time of writing.
Final Thoughts
Avalanche and Solana’s strides toward sustainability are inspiring. They understand the problems our world is facing, acting on their own accord to save it. With ambitious plans to enhance their sustainability in the future, Avalanche and Solana are two cryptocurrencies worth checking out.
So, can Big Eyes Coin follow in their footsteps? The commitment to ocean conservation and limiting carbon emissions by Big Eyes Coin proves that it has what it takes to replicate the sustainability that Avalanche and Solana have achieved.
For more information on Big Eyes Coin (BIG), please visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
Source: https://en.cryptonomist.ch/2022/10/21/big-eyes-coin-are-taking-strides-toward-sustainability/