The fast-changing blockchain world, once led by Ethereum, is now seeing new Layer-1 blockchains emerge, each with unique advantages, making it important to have a mix of assets for long-term success. Ethereum struggles with scalability and high fees, which has led to the rise of alternative Layer-1 networks. These new blockchains often provide faster speeds, lower costs, and specialized features that meet various needs in the blockchain space. Instead of one main platform, the future will likely involve many specialized chains, driven by the growing complexity of blockchain apps and the demand for custom solutions. With the blockchain space evolving quickly, it’s important to keep an eye on the most promising new networks.
Comment on Top 5 Layer 1 Blockchains to Watch in 2024 and Beyond
Alvin Hemedez, ReadWriteWeb
Sat, 09/07/2024 - 3:46am
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