Best Layer 1 Protocols for Bitvavo

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.

Ravencoin is a protocol that is based on a fork in Bitcoin code. It adds features that allow tokens to be issued on Ravencoin blockchain. These tokens can have any properties that the issuer of the token determines. They can be issued as securities, collectibles, or limited quantities. Ravencoin is a peer-to-peer digital network that aims at implementing a specific use case blockchain. It is designed to efficiently handle one function: the transfer assets from one party. Ravencoin, a fork from the Bitcoin code, was launched January 3, 2018, and is an open source project (no masternodes or ICO). It is focused on creating a useful technology with a strong, growing community.

IOST is a secure, fast, and scalable blockchain network that uses the next-generation consensus algorithm, Proof of Believability (PoB). Our mission is to serve as the underlying architecture for online services that meet security and scaleability requirements of a decentralized economy. We are backed by top investors and led by seasoned experts. Due to the high fees and slower transaction times on Ethereum, there has been room for new solutions. IOST is the pioneering project that has gained traction for its revolutionary technology since its main net launch in 2018. According to the latest ranking by China's Center for Information and Industry Development, IOST's core technology, a decentralized, high-throughput blockchain, outperforms 37 of its high-profile rivals, EOS and Ethereum by more than 5x. You can build any application using IOST with a 0.5 block time and 8,000 TPS without worrying about the speed.

aelf is the most secure and advanced blockchain cloud infrastructure, with segregate, unlimitedly scaling cloud computing networks. This is leading to a decentralized future. Innovative cross-chain interoperability, multi-level main-side chain structure; unlimited scaling, leading to Blockchain 3.0 era with its unique cross-chain technology. This public beta testnet allows you to test the core functions of the Aelf main network, node construction and election, mining rewards and sidechain configuration, crosschain interaction, DApp deployment and more. The complete suite of application development tools to support the underlying decentralized blockchain layers. Aelf community members are involved in building the aelf ecosystem and achieving progressive development through various governance methods like the aelf DAO (Decentralized Asset Owner), Node Election, Resource Purchase, Proposals, and Proposals.

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.

Cardano is a platform for innovators, changemakers, and visionaries. It provides the tools and technologies needed to create opportunity for all and bring about positive global changes. Cardano is a proof of stake blockchain platform. It was founded on peer-reviewed research, and developed using evidence-based methods. It uses cutting-edge technologies to provide unprecedented security and sustainability for decentralized applications, systems, as well as societies. Cardano is a team of leading engineers that works together to redistribute power away from unaccountable structures to individuals and to be an enabling force for progress and positive change. Cardano restores trust in global systems by using science to create a more secure, transparent and sustainable foundation for individuals to transact, exchange, systems to govern, as well as enterprises to grow.

Bitcoin Cash is the most powerful money ever. It fulfills Bitcoin's original promise of "User to User Electronic Money". Merchants and users are both empowered by low commissions and the ability to make irreversible and reliable transactions. The future looks bright with unrestricted growth, decentralized development and global adoption. All are welcome to join Bitcoin Cash and help advance the development of sound money. Bitcoin Cash allows you to send money to anyone anywhere, anytime, any day of the year. The network is always available, just like the Internet. There is no limit to the size of transactions and you don't need approval or permission from anyone. Banks can also block transactions and charge fees without notice.