Best Layer 1 Protocols of 2024

Xchange inFinite (XinFin) is a Delegated Proof of Stake Consensus Network (XDPoS). It enables hybrid relay bridges, instant blocks finality, and interoperability to ISO20022 messaging standards. This makes XinFin's hybrid architecture more developer-friendly. Interoperable blockchain network to facilitate global trade and finance. It enables digitization and tokenization and instant settlements of trade transactions. This increases efficiency and reduces dependence on complex FX infrastructures. Financial institutions have greater flexibility in managing liquidity. Delegated Proof Of Stake (XDPoS), which leverages the power and democracy of stakeholder approval voting, resolves consensus issues in a fair way. XinFin Protocol's (XDC), which is interoperable with legacy systems and other Blockchain platforms, makes it the language of core banking systems as well as ERP systems and SWIFT system.

A stack of distributed and decentralized technologies that is both enterprise-ready and developer-friendly. ProximaX Sirius is a platform that consists of multiple servers distributed across a network. It is a "hub-and-spoke" design. The core component of the platform is the blockchain or the "hub", and the other components, or the "spokes", are the service layers or "spokes". The service layers include P2P and distributed storage as well as streaming, database, and supercontract. All storage, messaging and transactions are encrypted. Streaming can be used to stream text, video, or voice data. ProximaX Sirius can offer additional service layers to provide more functionality. These layers can be anything, from specialized services like artificial intelligence to distributed computing for gene sequencing. However, performance of individual layers is not affected by the expansion of service levels. This is similar to multiple networks server nodes running simultaneously and linked together by the blockchain core.

Flowchain's IoT solutions aim to provide a Data 2025 ready total solution for the enterprise. Flowchain's IoT Blockchain Technology is a unique feature that allows enterprises to get better IoT solutions. Storage virtualization is a storage infrastructure that provides better data privacy and security. Flowchain's storage technology for virtualization aims to go beyond traditional storage technology to provide data security for enterprises using its self-built hybrid blockchain technology. Flowchain Hybrid Blockchain is a combination of private permission and public permissible blockchains that enable Machine Learning on IoT Blockchain. Our hybrid blockchain technology will allow you to integrate Blockchain technology into your business. It will also empower you with new levels of AI engagement products and blockchain technology.

Try our KILT Demo Client to get play money from Mashnet Faucet. You will be amazed at how easy it is for you to create your own blockchain apps with our KILT SDK. You can check out the running KILT Blockchain nodes and see live transactions on the KILT Blockchain right away! KILT is a blockchain-based identity network that is decentralized. Decisions are made by a community of KILT Coin holders through a sophisticated governance system. A monopoly is created when there are many users using one service. There is little chance that better services will be recognized and the monopoly service won't evolve as quickly as it could, because it doesn't fear competition. These services have an unfair advantage in the age artificial intelligence because they only collect a small amount of data.

Nxt, an open-source blockchain platform, is the first to rely solely on a proof of-stake consensus protocol. Nxt was launched in November 2013, and it was written entirely in Java. It is a proof that blockchain technology doesn't just allow for the transfer of value, but can also revolutionize many aspects our lives through the multitude of decentralized applications that can easily be built with it. Nxt is still one of the most trusted platforms in the industry and has influenced many other projects. Nxt is a modular, easy-to-use platform that can be used for dApps. It also makes it suitable for private blockchain implementations. Nxt was the first protocol to implement a pure proof of stake consensus protocol.

Spend it, save or give it to a friend. Zcash shielded transactions, unlike other forms of payment keep your financial information private and under your control. Zcash can be used to pay family members, friends, and service providers. You can also use Zcash in your favorite online stores and merchants. Zcash was the first to implement zk–SNARKs, a new form of zero-knowledge cryptography that provides its users with the most privacy possible in digital currencies. Zcash can also be purchased on any number exchanges. Gemini is simple to use and offers privacy options that other exchanges don't offer. There are many other trusted exchanges that can be used if Gemini is not available in your country.

Monero is only possible if you have a wallet. Visit our Downloads page to find the right wallet. Monero wallets can be used on a variety of platforms. They include everything you need to start using Monero immediately. Once you have installed a wallet, you can get Monero. There are many ways to get Monero to spend. You can mine or work in exchange. However, the easiest way to do this is to use an exchange to convert your fiat money to XMR. Monero (XMR) is listed on many exchanges, both centralized and decentralized. Monero (XMR) is a currency that can be used to exchange for goods, services, and other currencies. Privately, it is possible to do so with very low fees. Many entities will accept XMR as payment; see our 'Merchants’ page. Monero is more than a currency. It's a decentralized community that exists only because of the hundreds who volunteer their time.

The People's Network, powered by the Helium Blockchain is a paradigm shift in decentralized wireless infrastructure. You can deploy a simple device at your home or office to provide low-power coverage for millions of devices in your city and earn HNT, a new cryptocurrency. Hotspots collaborate to create a global wireless network and provide proof-of-coverage. Hotspots can be built by many vendors to meet your needs. The People's Network is home to hundreds of companies and thousands upon thousands of developers. It is the largest and fastest growing LoRaWAN network in the world. Many existing solutions, devices, sensors, and gateways can easily be configured to run LongFi, a powerful combination of LoRaWAN, blockchain, and other technologies. For streamlined development, you can use thousands of existing sensors and chipsets.

Our technology is a natural evolution from Bitcoin's blockchain. It achieves 200+ tps without a central coordinator or masternodes. Different tokens can be exchanged reliably on the same transaction. Smart Contracts are safer and easier to implement. They connect real world data (oracles). To send or receive tokens, you don't need to pay anything. Different tokens can be exchanged reliably on the same transaction. It is a scalable blockchain that anyone can create their token in under a minute. There is no need to learn about "gas", solidity, or "ERC-20". We can create a decentralized exchange for all tokens on our platform with built-in atomic Swaps. To make it more accessible to everyone, we will continue to develop additional nano contracts.

Aeternity is a global blockchain platform that has been designed to scale and last. Aeternity offers many innovative functions and performance that is far beyond the standard of other blockchains. It allows its users and community seamless access to the new era in society, economy, digital interactions, and society. Smart contracts can be executed off-chain through state channels. The blockchain enforces smart contract code only when there is a disagreement between contracting parties. Unlike other blockchains, aeternity’s core protocol was re-engineered to accommodate state channels on both the protocol and smart contracts language levels. This makes it easier to create applications for large-scale use cases that require large numbers of private and instant transactions, without compromising the security of a public Blockchain.

The TomoChain product ecosystem and blockchain enable the development of high-performance, blockchain projects. A variety of unique features and protocols are designed to meet all your needs, including speed, privacy and usability. A group of astronauts set out to find the best planet for their development and settled down in a blockchain galaxy. As you are about to embark on an adventure to find the most advanced planet, buckle up! TomoChain Privacy allows you to finance your business anonymously and privately by hiding the senders, receivers and value of transactions. Double Validation and Randomization support near-zero fees, 2,000 TPS and a 2 second confirmation time.

LTO Network is a hybrid Blockchain that allows for exchanging, verifying, and securing business critical information. Secure sensitive data with fast immutable timestamps. Publicizing a public certificate will allow you to identify your business on-chain. Assuring that the contents of documents have not been altered and providing proof that the document was signed on the correct date and time. Immutable evidence for data entry and creation of inspection reports at vital locations such as airports, oil terminals, and dangerous goods. Notary procedures heavily depend on paper-based processes. LTO Network makes incorporation more efficient by sharing data securely and efficiently. LTO Network's blockchain technology allows brands to create smart packaging solutions that allow product authentication and supply chain traceability.

Only truly decentralized cryptocurrency will survive as incumbent institutions are increasingly threatened with the wild potential of blockchain tech. Classic was created in response to contract censorship on Ethereum's sister chain. It has shown its ability to resist all odds and deliver the original Ethereum vision for unstoppable applications. ETC is uniquely positioned as the Smart Contract Platform for the future. As other chains are compromised or taken over by special interests, it combines the technology of ETH and the philosophy of BTC. You are invited to explore the past, present, and future of Ethereum Classic. Learn about its principles, value proposition, community and more.

DigiByte does more than just provide a faster digital currency. It is a blockchain that can be used to secure authentication, digital assets, smart contracts, and decentralized applications. These three layers are the most advanced parts of DigiByte's blockchain, allowing for network infrastructure, security, and communications to operate at a cutting-edge speed. The top layer functions as an app store and has clear real-world applications. You can create all types of digital assets using the DigiAssets protocol, which is atop the DigiByte Blockchain. The middle layer is responsible for administration and security. A Digital Byte of data is a representation of larger data. It can also be referred to as a unit that has value and cannot be duplicated, copied, or hacked. A public, immutable ledger that records all DigiBytes transactions. DigiByte has five proof-of-work algorithms to ensure security. Only mining produces new DigiBytes.

Lisk is a platform for blockchain applications. By making blockchain accessible, we create a world where everyone can benefit from this technology. Develop blockchain applications that are compatible with the Lisk protocol. There is no need to learn new languages as everything is written in JavaScript or TypeScript. The modular design of Lisk SDK allows you to create any type of blockchain technology use-case. We are looking for developers and entrepreneurs to create blockchain applications using the Lisk SDK. Join us to receive a grant of 60,000 CHF to help expand our ecosystem and develop innovative blockchain use-cases. Lisk Desktop is a one-stop solution that allows you to manage your Lisk account and access tokens. You can also vote for delegate candidates. It combines the functionality and transparency of a blockchain-explorer with cryptocurrency wallet functionality. Lisk Mobile is the lightweight version that you can use on-the-go.

Our ecosystem is built on four pillars, which form the foundation of Bitcoin SV's infrastructure for creating the one global blockchain. Businesses can plan ahead and invest significant resources to ensure a stable protocol. Capacity increases can be achieved through scalable architecture and miner configurable blocks sizes. Best practice change management, external security audits, and a lucrative bug bounty program are encouraged. Unlocking bricks-and mortar merchant markets and enabling new business models using micropayments/nanoservices. BitcoinSV.com is a resource that provides a wealth of information and links about Bitcoin SV for anyone who is new to digital currencies.

It is easy to send or buy Dash online, from your friends, or at an ATM close by. Grab a cup of coffee, pay your phone bill, or buy a plane ticket. Dash is expanding and is being accepted by more businesses every day. You can make cryptocurrency payments with a simplified user interface and social factors such as username, contacts, and personalization. Dash's transaction rules mirror those of Bitcoin and, therefore, should be treated the same as Bitcoin for regulatory and compliance purposes. BlockchainIntel and Coinfirm offer KYC/AML services that cover the Dash blockchain. It is simple to integrate Dash and you have complete control over how your funds will be handled. You can instantly convert Dash to local currency, keep it all, or do something in between.

Horizen is powered with the most secure and robust public infrastructure, enhanced with multiple layers of security. The distributed node system of Horizen ensures the network's reliability, security, and speed. Horizen also has an enhanced consensus that provides greater protection against 51% attacks. Zendoo, Horizen's crosschain protocol, is for developers who want to create blockchains and applications that solve real-world problems today while also allowing them to take advantage of tomorrow's opportunities. The Horizen blockchain powers Zendoo, a PoW public blockchain that provides maximum security and resilience. Cross-chain protocol that is zero-knowledge enabled allows auditable and privacy-preserving Blockchains. This bridges a significant gap in real-world adoption.

Edgeware is a platform that will enable the next generation decentralized applications. Edgeware allows Ethereum developers to deploy Solidity/EVM smart contract with minimal or no changes. New developers can also start with Rust, WebAssembly, and other languages. To expand the network and explore new ideas, organizers and builders can join one of the many Edgeware collectives. The treasury is governed by a well-established, widely distributed group of stakeholders, which was established during the lockdrop, the largest Ethereum token generation event in 2018. Edgeware gives you control over your identity and data. You can participate in the community with your real name or anonymously. Contributing to the community can help you build a reputation.

The first interoperable Layer 1 (NFTs) NFT launchpad, NFT market place, community-owned, zero-gas, carbon neutral (proof of-stake), secured with 100+ validators. Programmable via CosmWasm. Interoperable via Cosmos IBC. Ethereum interoperability via Gravity bridge. A set of command-line tools is used to set up your project for minting. You can start by cloning a repository and then replacing it with your project content. Stargaze's contract sg721 allows off-chain metadata storage. We recommend IPFS as a decentralized storage option. Stargaze NFT metadata follows OpenSea metadata standards. You can create directories to store images and metadata and then compile them into an IPFS CAR (Content Addressable ARchive) file that you can upload. Once you have the CID for metadata, set it as your base URL in the contract. This allows the contract to associate each token ID with a unique token URI, without the need to send a list.

The easiest way to get started with DeFi. Umee is a layer 1 blockchain for cross-chain communication. It was built on the Cosmos SDK, powered by Tendermint Consensus, and includes a self-sovereign validater network. Inter-Blockchain Communication protocol, Gravity bridge, as well as decentralized infrastructure are used to achieve interoperability. This is a way to create a universal cross-chain DeFi hub. A DeFi platform that integrates with money legos allows for open finance innovation, including cross-chain staking and interchain leverage. Umee can be used as a base blockchain to build applications and money lego primitives. This will allow you to access liquidity and cross-chain leverage.

Telegram created TON, a fully decentralized layer-1 crypto-currency that Telegram uses to onboard billions of people. It offers ultra-fast transactions, low fees, easy-to use apps, and is eco-friendly. TON is easily scalable and can be shared. Its flexible architecture allows it to grow without affecting performance. It is used to pay transaction fees, secure the blockchain through stake, decide how the network develops and settle payments. TON is distinguished from other layer-1 blockchains by a number of unique features. The actor model, a mathematical model for concurrent computation, is the heart of TON smart contract. Each smart contract can receive one message, modify its own state, or send multiple messages per unit of time. The entire blockchain can be scaled up to host unlimited transactions and users. The TON Virtual Machine is a fully-featured, stack-based virtual machine.

CLV Chain is a Substrate based Layer 1 chain that's EVM compatible and interoperable with other chains. Infrastructure ready to scale dApps across multi-chain universe. CLV provides seamless multi-chain indexing for Bitcoin, Ethereum and Binance Smart Chain. Users can search for transactions, blocks, and accounts all in one place. CLV shares a portion of the transaction fees with developers to incentivize them. This redistribution will foster a vibrant developer community on Sakura and CLV and a new DeFi ecosystem. CLV's Dynamic Fee Schedule is a new gas calculation method that allows CLV users to receive gas discounts proportionally to their network activity. Users who have less interaction pay more, while users with more interactions pay less. A usage curve shows how gas consumption changes over time.

This is a 3rd generation Blockchain designed to be a core infrastructure for future decentralized apps. Coreum is the fastest global blockchain, processing up to 7000 transactions per seconds with a federated group consisting of 16 rotating validators. Coreum uses the well-known Cosmos SDK and Tendermint Consensus Engine to bring a low-latency proof of-stake blockchain. Applications can be written in many languages, and then compiled into the modern, turing-complete Web Assembly before processing. Coreum has hundreds of Blockchains in use and provides a bridge functionality that allows for interoperability with different chains via collateralized wrapping.

Aptos Labs is building a Layer 1 for everyone. Aptos Labs allows you to develop applications, run nodes and be part of the growing Aptos community. Aptos Blockchain clients submit transactions. They request that the ledger state of their transaction be updated. Generate, submit, and verify a transaction to Aptos Blockchain. Your first Move Module for Aptos Blockchain. Your first coin will be deployed on the Aptos Blockchain. Learn how to create your first dapp. Each Aptos account has a unique account address. The account owner holds the public, private, and secret key pairs that map to the Aptos address and, in turn the authentication key that is stored in that account. Aptos offers a REST API to interact with the blockchain. Scan transactions and accounts on a network. Retrieve the FullNode's ledger data, including account and resource data.