Top 5 Layer 1 Blockchain Platforms List is Out- Check Now
Have you ever heard about Ethereum, Polka Dot, or Cardano? If yes, you might have a good idea about how increasingly they are becoming popular among blockchain enthusiasts or investors in the market.
This blog has covered in brief about what layer-1 blockchain is and the platforms gaining user’s interest.
What is Layer 1 Blockchain?
A layer-1 blockchain is a base layer of blockchain architecture. This layer of blockchain executes transactions without taking help from another network and reimburses transaction fees with cryptocurrencies.
Here’s the List of Top 5 Layer 1 Blockchain Platforms-
The list of layer-1 blockchain platforms is now revealed. Take a look-
- Ethereum
Ethereum is a secure and decentralized platform that was first released in July 2015 as the first smart contract ecosystem in the market. Although this layer-1 blockchain platform has scaling and high transaction fee problems, it has kept a large market share.
- Cardano
Cardano is a popular option in the layer-1 blockchain list. Scalability is one of the main problems in Ethereum, however, Cardano enables quick transactions that attract a layer-1 blockchain company or enthusiasts.
- Solana
Next on our list is Solana, which is popular for its strong and thriving ecosystem. It is highly scalable and more secure as compared to Ethereum.
- Polkadot
Polkadot was released in May 2020 by another co-founder of Ethereum, Gavin Wood. This Layer-1 blockchain platform is considered the best platform in terms of security. Developers appreciate the shared security structure of this platform.
- Avalanche
When it comes to supporting blockchain deployment for enterprises, Avalanche is considered the best. The bonus part about this platform is that it can handle more than 4,500 transactions per second.
Conclusion
So, this is all about the layer-1 blockchain and several platforms that can help you make a move in the tech market.
