The technology behind blockchain is constantly expanding and developers are tirelessly working to find innovative solutions to enhance its overall usability and experience. Two of these solutions, Polkadot (DOT) and Cosmos Hub (ATOM) were developed to address these challenges by linking various blockchains together to function as a single entity. The Web3 realm has proven to be advantageous for blockchain technology as it offers potent data analysis capabilities.

Although Polkadot and Cosmos Hub offer comparable services, they differ in market capitalization. This leads to the question of whether one of these networks is overvalued while the other is undervalued? Moreover, this article will specifically delve into Big Eyes Coin (BIG), a novel cryptocurrency that provides its users with a range of capabilities that aim to create an unparalleled user experience.

Polkadot (Dot) – Harnessing The Capabilities Of Interoperability, Scalability, And Security

Polkadot is a blockchain network developed by Ethereum co-founder Gavin Wood that facilitates seamless connectivity between private and public blockchains and oracles. Its hybrid consensus system consists of two components, GRANDPA and BABE, which respectively enable finality and faster block generation to reduce the risk of transaction slowdowns.

The three primary functionalities of Polkadot are interoperability, scalability, and security. Interoperability resolves the current disconnect between independent blockchains, allowing them to interact with data and assets on other blockchains to promote a trustless ecosystem and improve overall efficiency. Scalability is achieved by running multiple para chains in parallel to eliminate the bottleneck of sequentially processed transactions. In terms of security, Polkadot creates a security pool by enabling individual chains to leverage their existing security and strengthen their weak points using security resources provided by the Polkadot relay chain. In the future, the Polkadot network’s upgraded model could enhance scalability by up to 10,000 times more than a current Proof-of-Stake system.

Atom: Cosmos Hub’s Inter-Blockchain Communication (IBC) Allows For Parallel Blockchains

Cosmos Hub is a decentralized system that comprises autonomous, interconnected, and parallel blockchains united by an Inter-Blockchain Communication (IBC) model. This architecture allows Cosmos Hub to establish a connection to other blockchains such as Bitcoin and Ethereum, boosting overall connectivity.

The Cosmos Hub utilizes application, consensus, and networking protocols to facilitate seamless communication between the interconnected blockchains in the ecosystem. The Tendermint Byzantine Fault Tolerance (BFT) algorithm powers the connection between layer 1 blockchains, enabling multiple blockchains to engage in synchronous Proof of Stake (PoS) activities via common functionality. One significant difference between Cosmos Hub and Polkadot is that the former does not offer unified security, which could potentially be a weakness of the network.

Big Eyes Coin Emerges As A New Challenger To Dogecoin And Shiba Inu

Big Eyes Coin has emerged as a new contender in the cryptocurrency market, rapidly gaining ground against other well-known coins like Dogecoin (DOGE) and Shiba Inu (SHIB). Its distinct attributes provide investors with significant returns during the presale period. The platform has raised $33 million of its $50 million target, indicating the confidence of its investors.

The platform also features loot boxes that range in cost from $10 to $10,000 and offer prizes worth $500 to $1 million. These boxes can be unlocked using the code BULLRUN250, which provides users with a 250% bonus.

Big Eyes Coin has also launched an NFT collection on OpenSea, allowing users to collect, mint, and trade NFTs for an additional reward. The platform is also committed to charitable causes, pledging 5% of its total earnings to an ocean conservation organization, providing investors with an eco-friendly investment opportunity.

While both Polkadot and Cosmos Hub are valuable cryptocurrencies, they possess different capabilities. Polkadot provides a more comprehensive experience, with unified security and the ability to transfer data and tokens, while Cosmos Hub lacks these features. Meanwhile, Big Eyes Coin stands out with its unique characteristics, satisfying returns, and social responsibility commitment.

Find out more about Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Binance, the world’s largest crypto exchange, and its CEO Changpeng Zhao are facing a lawsuit worth $1 billion filed by Moskowitz Law Firm in Florida. The lawsuit involves well-known figures such as NBA star Jimmy Butler as defendants and is based on state-level securities regulations called “Blue Sky Laws” in Florida, designed to safeguard consumers and investors from fraud. The outcome of this case is being closely monitored by industry peers following similar lawsuits against FTX and Voyager Digital.

Despite the absence of a national exchange for crypto trading in the US, companies trading in this asset class may face prosecution under state-level regulations, which could result in new securities complaints. While the case was initially filed on behalf of three plaintiffs, it has the potential to become a class action lawsuit that represents millions of people.

Apart from this lawsuit, Binance is also facing legal action from the Commodities Future Trading Commission (CFTC) for allegedly permitting Americans to trade on its platform without a license. Furthermore, the Department of Justice is investigating Binance and its founder. Moskowitz Law Firm’s approach to Binance and Changpeng Zhao is similar to its approach in other lawsuits against crypto firms, including FTX fallout involving promoters like Kevin O Leary and Thomas Brady.

Binance was established in 2017 and operates in several locations worldwide with over 8,000 employees. It controls more than 70% of the market share in the crypto exchange sector. It remains uncertain how these lawsuits will impact the exchange’s business and reputation.

The Sustainable Meme Coin With Lucrative Potential – Big Eyes Coin

Big Eyes Coin (BIG) is garnering attention as one of the biggest crypto presales this year, offering investors a rare chance to earn high returns. The coin presents investors with exclusive access to NFT sushi clubs, regular airdrops, and participation in eco-friendly initiatives.

In addition to potential profits, Big Eyes Coin is also dedicated to promoting environmental causes. The company has pledged to allocate 5% of all coins to a charity wallet that supports various eco-friendly initiatives aimed at improving the health of our oceans.

Investors seeking an opportunity to support a worthy cause while potentially earning a profit can participate in the Big Eyes Coin presale. Furthermore, after purchasing the tokens, investors can increase their returns by taking advantage of the loot boxes feature, which offers a chance to collect up to 5000% in returns with a single purchase.

Find out more about Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Sometime in 2011, the Economic and Financial Crimes Commission (EFCC) in a sting operation arrested one Mr Ezengbuma Okonkita, a renowned Nigerian politician. He was arrested and immediately charged to court for embezzlement of public funds and money laundering. 

High figures of money were found lodged in his different bank accounts in different currencies; the money which he admitted had been embezzled. 

The Efcc instituted a criminal action against him but his lawyers advised him to go into a plea bargain with the Efcc since there is incontrovertible evidence stacked against him and his putting up a defense will expose him to lengthy criminal charges and lengthy trial time. 

He negotiated a deal where he insisted that he is ready to forfeit all the money found in his account to the government but on the paramount condition that he will not be sent to jail by the EFCC. 

The Efcc for reasons best known to them accepted the deal and he forfeited the money to the Nigerian government and the criminal case was brought to a close.

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I painted the above hypothetical scenario so as to draw similarity to what happened with the case of Mr Ahmed Tinubu v The US Government where he struck a deal with the US government and the contents of the deal is for him to forfeit $460,000 to the US government and the prosecution will not send him to jail.

Mr Ezengbuma Okonkita or his supporters cannot later in the future claim that he was never found guilty because he was not sent to prison.

Plea bargain and forfeiture of proceed of crime only takes place when the accused person admits his guilt and due to the fact that there is a stack of evidence against him alluding to the fact that he committed the crime he decided to strike a deal with the prosecutor which will involve him remitting the proceed of crimes back to the government. You can not forfeit your property to the government or to the court if you are not admitting to committing the offense you are charged with, that is not how criminal justice works.

Money is not forfeited except if a crime has been committed or the money in question is the proceeds of a crime. If a crime has not been committed, the person asked to forfeit his hard-earned money would put up a defense and make his case but where no case is made, it simply means that the accused person is admitting guilt or admitting the criminal charges leveled against him by the prosecution.

Mr Ahmed Tinubu, the president-elect is not a father Christmas to have forfeited a whooping sum of $460,000 to the US government for no reason; he only entered into a plea bargain with the prosecutor where he agreed to forfeit money and be kept out of prison and that is what is called plea deal in the criminal justice system.

Forfeiture in layman’s definition simply means the loss or giving up of something as a penalty for committing a crime or giving up something which is a proceeds of crime.

When the Government has a strong case, the Government may offer the defendant a plea deal or the accused person may by himself request for a plea deal to avoid trial and perhaps reduce his exposure to a more lengthy sentence. A defendant may only plead guilty if they actually committed the crime and admits to doing so in open court before the judge and will accept as part of the bargain to forfeit some of his belonging to the government.

It is as simple as this! 

It is now very embarrassing that some senior citizens, especially reputable senior lawyers from the APC camp who obviously know the facts and the law will for the sake of politics throw caution to the wind and try to twist the facts to deceive the general and to confuse their gullible supporters.  Instead of sticking to this stale watery defense that the $460,000 forfeited was for taxes or was for a fine in civil forfeiture, they should rather come up with something else more concrete and believable.