Layer 1s
Decisions decisions decisions. Choosing a blockchain is kinda like choosing an outfit for a fancy occasion.Similar to a bad outfit, being on the wrong chain at the wrong time can leave you standing out in a crowd for all the wrong reasons.
So why is layer 1 important? Ethereum was the first smart contract layer 1. Many smart contract platforms have developed to try and compete with Ethereum. A few major players in this space are Avalanche, Solana, Binance chain, Algorand, Cosmos, Cardano, and Harmony. Each of these chains offers a currently improved transaction speed.
Can a project survive if it is not a layer 1?
Are subnets a viable solution?
What is our personal investment strategy? … Continue readingLayer 1s