Ethereum Founder Slams Elon Musk’s Anti-blue Tick Model as It Promotes Scams – How Crypto Big Eyes Coin Will Prove Reliability.

Since Elon Musk’s Twitter takeover has caused many changes and proposed changes, amongst affected stocks and prices, the changes have also affected the Twitter platform itself. Recently Musk has stated that the platform’s current “lords and peasants” system is awful, and he wants to change it, allowing anyone to have the tick for eight dollars a month. This system is already being criticised.

Amongst those who don’t like this system is Ethereum’s (ETH) founder Vitalik Buterin who publicly showed his disdain on Twitter. What could this mean for the validity of people sharing information about crypto on Twitter? New Meme coin Big Eyes Coin (BIG) has various ways aside from Twitter to prove credibility.

Ethereum Founder Dislikes the New Blue Tick Model

The Ethereum blockchain is notorious for being the most secure blockchain in the crypto market. Founded in 2015, it has quickly become the second most popular cryptocurrency in the market. Though Bitcoin is a tad more popular, its blockchain has far from the security level of Ethereum.

Why is Vitalik Buterin so upset about Musk’s new blue tick proposal? The concept of verification aids in avoiding scams. Within his Tweet, Buterin said it “would damage the blue check’s anti-scam role. But if there’s more actual verification, the result is very different.” This statement is objectively true, especially in the world he is most familiar with – the crypto world.

Many people are founding and launching smaller, new and lesser-known cryptocurrencies that are promoting themselves on Twitter. However, unfortunately, on occasion, these cryptocurrencies and the people behind them can end up scamming people. This is why having adequate verification is vital for ensuring that fake crypto scams aren’t happening.

Having the blue tick paid for anyone or any company, crypto or not, could make them appear more reliable, regardless of their validity. This could hurt the crypto market if it changes public opinion on crypto if more people begin to get scammed.

How Meme Coin Big Eyes Coin Is Making Itself More Reliable

To fight this possibility of crypto scammers swarming Twitter, Big Eyes Coin has already implemented various security measures that enable the coin to prove its validity to its potential investors.

Big Eyes Coin is a meme coin currently still in its pre-sale stage and has raised a whopping $9.34 million and is expected only to go up. Many people have already invested in the coin and are likely to continue to do so. People are more likely to invest in Big Eyes Coin because of the coin’s methods to secure its investors’ money.

One of the many ways Big Eyes Coin ensures security and reliability are having the coin’s contact fully audited by Solidity Finance. To ensure anti-rug, the coin has also verified the whole team of people who work on the coin via Coin Sniper. As a community-run coin, 80% of the tokens in circulation are intended to be in the hands of investors.

To Summarise

Elon Musk’s new proposal for the verification tick may give way to scammers. Having more crypto scammers could lower the public opinion on crypto, which is why it’s important to have crypto coins that implement security measures like Big Eyes Coin.

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For more information on the project:

Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL

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