Layer 1 blockchains handle everything—transactions, security, and smart contracts—without needing extra layers. Top Layer 1 blockchains like Ethereum, Solana, and Avalanche power entire ecosystems, supporting DeFi, NFTs, and more. Some focus on speed and low fees (Aptos, Sui), while others prioritize interoperability (Cosmos, Polkadot). Whether it’s staking, building dApps, or securing networks, Layer 1 blockchains are the backbone of crypto. Choosing the right one depends on speed, security, and scalability needs.
What do you call a blockchain network built specifically to encourage interoperability between blockchains? Well, Cosmos. Cosmos crypto dawned on offering a network of blockchains that communicate and freely interact. So, what are the benefits of Cosmos crypto and its coin Atom? Keep reading! What is Cosmos Crypto? Cosmos is also called the ‘Internet of ...
Ever since the 2020-2021 crypto market has grown exponentially. Every other year, dozens, if not hundreds, of DeFi projects launch, adding to the number of tokens to trade on decentralized exchanges. Of course, the rise of many DeFI tokens led to the emergence of trading platforms like UniSwap, Pancakeswap and more, helping trade crypto assets. ...
The Ethereum network was the first blockchain that introduced smart contracts and decentralized applications (DApps). Originally conceptualized by Vitalik Buterin in 2013, Ethereum launched in 2015 and has since evolved into one of the most powerful blockchain platforms. Unlike Bitcoin, which primarily serves as a digital currency, Ethereum provides a Turing-complete programming language that enables ...
The blockchain space is clouded by many weaknesses, all causing a significant decline in service efficiency. From extreme gas charges in networks like Ethereum and Bitcoin to slow transaction speeds and low scalability in the same chains, blockchains, and their users have been suffering. Furthermore, ever since the early days of blockchain, there have been ...
Taraxa is a cutting-edge blockchain network designed to elevate businesses’ credibility and reputation. This network achieves this massive feat by ensuring the integrity of informal transactional data. Informal transaction data includes records of trades or transactions not featured within the structured systems of legal documents and hence not verifiable. Taraxa takes the reins by simply ...
One of the biggest problems clouding the world of blockchain technology is the lack of scalability. Super large blockchain networks like Ethereum and Bitcoin suffer serious scalability issues, which seem to increase with new tokens and projects. However, the Shardeum blockchain is bringing a new solution to blockchain scalability. Key Takeaways: What is Shardeum Blockchain? ...
