Here’s a list of the best Layer 1 Protocols. Use the tool below to explore and compare the leading Layer 1 Protocols. Filter the results based on user ratings, pricing, features, platform, region, support, and other criteria to find the best option for you.
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Harmony
Harmony
Experience lightning-fast transactions and low fees effortlessly!
Harmony is a high-speed, open blockchain that operates its mainnet to run Ethereum applications with a remarkable two-second response time and fees that are 100 times lower. With secure bridges, Harmony enables seamless cross-chain asset transfers between Ethereum, Binance, and various other networks, fostering a vibrant ecosystem for creators to engage with their communities. Its bridges facilitate connections between both Proof of Work and Proof of Stake chains, ensuring versatility and inclusivity. The FlyClient architecture is designed to be completely trustless and highly gas-efficient, currently safeguarding tens of millions of cross-chain assets from Ethereum and Binance Smart Chain. Developers can easily switch the Chain ID, allowing for swifter execution of EVMs that maintain identical bytecode, simplifying migration to Harmony with their existing Web3 tools. For users, familiar platforms like MetaMask and Ledger remain accessible, and they will benefit from significantly reduced transaction fees. Additionally, any Ethereum portal or wallet can operate on Harmony without requiring code alterations or new installations, making it an attractive option for a broader audience. Overall, Harmony's innovative approach not only enhances performance but also streamlines the user experience across different blockchain environments.
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Chia
Chia Network
Revolutionizing cryptocurrency with secure, user-friendly smart transactions.
We are excited to unveil a groundbreaking platform designed for blockchain technology and smart transactions that emphasizes ease of use, efficiency, and enhanced security. Our goal is to ensure that using cryptocurrency becomes more straightforward than handling cash, while also providing superior safeguards against loss and making it nearly immune to theft. We strive to enable anyone interested in transaction validation to engage in farming without requiring specialized equipment or incurring excessive energy expenses. Created by Bram Cohen, who is also the mastermind behind BitTorrent, Chia Network introduces a blockchain and smart transaction framework that features the first new Nakamoto consensus algorithm since the launch of Bitcoin in 2008. This innovative system employs Proofs of Space and Time, which dramatically reduce energy consumption compared to conventional "proofs of work." Furthermore, Chia presents Chialisp, a robust and secure on-chain programming language that simplifies the use of cryptocurrency beyond that of cash transactions. Current offerings in smart transactions include functionalities like Colored coins, rate-limited wallets, and distributed identity solutions, which contribute to a more user-friendly digital currency experience. The potential applications of this cutting-edge technology are immense, with the promise of transforming our interactions with digital finance in unprecedented ways. As we forge ahead, we anticipate that Chia Network will not only revolutionize the landscape of cryptocurrency but also empower individuals and businesses alike to thrive in this new financial ecosystem.
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Ardor
Jelurida
Revolutionizing blockchain with scalable, customizable, multichain solutions.
Ardor functions as a multichain blockchain platform distinguished by its unique architecture, which includes both parent and child chains. The parent chain of Ardor is responsible for safeguarding the overall network, while the child chains offer a wide range of features that enhance interoperability among various systems. This advanced framework, along with its flexible user permissioning options, delivers the necessary adaptability for a variety of applications, thereby fostering greater adoption of blockchain technology. Furthermore, Ardor prioritizes scalability, effectively tackling several prevalent issues in the industry, such as blockchain bloat, dependence on a singular token model, and the need for customizable yet harmonious blockchain solutions. Notably, Ardor not only addresses these challenges but also provides an environment conducive to innovation and growth, making it a highly attractive option for developers and enterprises seeking to leverage blockchain technology. In summary, Ardor stands as a noteworthy milestone in the progression of blockchain platforms, illustrating its potential to revolutionize how businesses operate in a digital landscape.
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Bitcoin Gold
Bitcoin Gold
Empowering decentralized mining with lightning-fast transactions for all.
Bitcoin Gold (BTG) is a cryptocurrency that builds on Bitcoin's foundational principles, opting for standard GPUs for mining instead of specialized ASIC hardware. This transition towards GPU mining promotes a more decentralized mining ecosystem, empowering individuals around the world instead of consolidating control within a few large ASIC operators. By encouraging broader participation, BTG seeks to recapture the original network dynamics that Bitcoin enjoyed during its formative period. Additionally, Bitcoin Gold incorporates the Lightning Network, enabling swift transactions capable of processing virtually limitless payments per second. This integration exemplifies a robust "second layer" solution that operates above the primary blockchain, resulting in enhanced efficiency. The emergence of second layers and side chains allows for innovative technologies, such as smart contracts, to function at impressive speeds while leveraging the security provided by the BTG mainchain. Moreover, BTG maintains compatibility with essential Bitcoin features like SegWit and the Lightning Network, while sidestepping the resource demands linked to Bitcoin mining and the race for acknowledgment as the "true Bitcoin." In this way, BTG not only enriches the cryptocurrency landscape but also fosters a more inclusive and accessible mining environment, which is vital for the future of digital currencies. Ultimately, the unique attributes of BTG position it as a significant player within the broader crypto ecosystem.
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Bitcoin Cash
Bitcoin Cash
Empowering financial freedom with low fees and limitless potential.
Bitcoin Cash emerges as a remarkable currency that embodies the original aim of Bitcoin to function as "User-to-User Electronic Money." Its minimal transaction fees and reliable, irreversible transactions present significant benefits for both consumers and merchants alike. With its continued growth and expansion, the decentralized nature of Bitcoin Cash, coupled with its broad acceptance and potential for limitless innovation, indicates a bright future on the horizon. The Bitcoin Cash community actively encourages participation from individuals everywhere, aiming to create effective monetary solutions that benefit people around the world. By leveraging Bitcoin Cash, users can seamlessly transfer funds to anyone, at any time, throughout the year, much like the perpetual operation of the Internet itself. There are no restrictions on transaction amounts, allowing users to operate without needing consent or approval from any authority. In stark contrast, traditional banking systems often impose limitations, charge fees, or even close accounts unexpectedly, which underscores the distinct advantages of Bitcoin Cash. This system promotes financial independence for all, significantly enhancing the attractiveness of this digital currency and making it an appealing choice for those seeking greater control over their finances. Ultimately, the evolution of Bitcoin Cash represents a step toward a more inclusive financial landscape, where everyone can engage freely in monetary transactions.
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ARK
ARK Ecosystem
Empower your blockchain vision with customizable, collaborative solutions.
No matter if you're an enthusiastic advocate for blockchain technology, a solo developer, or a member of a large corporate team, ARK provides blockchain solutions that cater to your specific requirements. The ARK Public Network (APN) stands as the official platform for the native ARK cryptocurrency. It integrates smoothly with the ARK Blockchain Platform and various projects, products, and swapping services, equipping blockchain developers with vital tools for their success. As an entirely open-source initiative, ARK welcomes contributions from anyone eager to participate. You can earn rewards for your efforts while joining a dynamic community of developers who share your passion. The architecture of the ARK Blockchain Framework is crafted to be fully modular, allowing you to customize your chain to fit the needs of your application perfectly. Furthermore, ARK Logic facilitates the development of custom Smart Transactions, making it easier to implement native Smart Contract functionality in your application. With ARK, you have the flexibility to innovate and enhance your blockchain capabilities to adapt to changing demands, ensuring you stay ahead in the rapidly evolving tech landscape. The potential for creativity and collaboration within the ARK ecosystem is immense, making it an exciting space for developers of all levels.
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Berachain
Berachain
Revolutionizing DeFi with liquidity rewards and seamless interoperability.
Berachain is an advanced Layer-1 blockchain that integrates Ethereum Virtual Machine (EVM) compatibility with a novel Proof-of-Liquidity (PoL) consensus mechanism, enhancing network security through rewards for liquidity providers. This approach incentivizes active participation from users, fostering a dynamic community that can earn governance tokens. By leveraging the modular BeaconKit framework, Berachain ensures scalability and seamless interoperability with existing Ethereum applications. Its distinctive tri-token system comprises BERA (the utility token), HONEY (a stablecoin), and BGT (the governance token), each serving essential roles that contribute to a balanced and efficient ecosystem. Currently, Berachain is in the testnet phase, with aspirations to launch its mainnet by late 2024, aiming to establish a high-performance environment tailored for decentralized finance (DeFi) applications. As the platform evolves, Berachain is committed to transforming the DeFi landscape by delivering groundbreaking solutions that emphasize user liquidity and engagement. Additionally, the project aims to create an inclusive ecosystem that empowers users while enhancing the overall DeFi experience.