Best Layer 1 Protocols for BitDegree

Bitcoin is a revolutionary payment network and a new type of money. Bitcoin operates with peer-to-peer technology. There is no central authority or bank involved in managing transactions and issuing bitcoins. Bitcoin is open-source. Its design is publicly available. Nobody owns or controls Bitcoin. Everyone can participate. Bitcoin's unique properties allow for new uses that are not possible with any other payment system. Bitcoin transactions are protected by energy and mathematics. Cryptographic signatures stop other people spending your money. Proof of work (PoW), which is energy that is spent on proof of work, prevents others from undoing, changing or losing your transactions. Bitcoin can help you keep your money safe and protect you from fraud.

Ethereum is the community-run technology that powers the cryptocurrency, Ethereum (ETH), and thousands of decentralized apps. Ethereum is a technology that allows for digital money, global payments, as well as applications. The community has created a vibrant digital economy, new ways for creators of online income, and many other benefits. It's accessible to anyone, anywhere in the world. All you need is the internet. Today, billions cannot open bank accounts and others have their payments blocked. The Ethereum decentralized finance system (DeFi), never sleeps nor discriminates. You can send, receive and borrow money anywhere in the world with an internet connection. We can now access 'free' internet services without having to give up our personal data. Ethereum services are available by default. You only need a wallet. These services are free and easy-to-set up. They can be controlled by you and work without your personal information. Stake your ETH to become an Ethereum validator. Staking is a public good for the Ethereum ecosystem. You can help secure the network and earn rewards in the process.

Our platform offers industry-leading transaction speeds, as well as a sub-second block latency rate. This allows EOSIO to support mission critical applications. You can deploy public, private, permissioned, or unpermitted blockchain infrastructures. Executable smart contracts allow you to implement custom programmable governance. You can customize to fit your business and application requirements. Developers have access to an ever-expanding range of products, features and tools. Our EOSIO experts provide extensive training and certification to help you take your skills to new heights. EOSIO allows you to quickly scale and onboard projects, regardless of your level of expertise. You can benefit from the latest in blockchain technology and web security verification standards that enable superior data integrity.

The Worldwide Asset Exchange™ (WAX), is the world's largest decentralized entertainment and video game network. We offer the most convenient and secure way to create, buy and sell virtual items (NFTs), to anyone anywhere in the world. The WAX tokenomic model combines the explosive growth in NFTs and the superior monetization capabilities offered by DeFi. Anyone who participates can earn rewards in the form Ethereum Tokens (ETH), and WAXG Governance Tokens. Global brands trust WAX for NFT sales launches, including deadmau5, Topps and William Shatner. WAX allows you to build dApps, games and marketplaces. The WAX Developer Hive provides documentation, quickstarts, code samples, and more. WAX offers many options - you can play a game or sell NFTs on a marketplace. You can also upgrade your dApp.