The goal of the development of digital assets was to draw customers away from traditional banking establishments. The concept of decentralised finance is among the unique selling qualities of cryptocurrencies. It was developed so users may communicate with one another without the use of a middleman or centralised authority. Decentralised finance has eliminated the need for banks and other financial institutions to charge users for accessing their services. People save their cash in a secure digital wallet that permits rapid transfers of funds. A reliable internet connection is all that is needed for this to operate without a glitch.
Up until the early years of the twenty-first century, the only investments available were stocks, bank accounts, gold, real estate, and other illiquid assets. A brand-new class of investments that has gained appeal over time in cryptocurrencies. These digital assets are in high demand right now because they have provided investors and crypto buyers with spectacular returns and threaten to destabilise monopolised financial systems.
In this article, we will be looking at Ethereum 2.0 and Big Eyes Coin which aim to be eco-friendly cryptocurrencies.