Best Layer 1 Protocols for Brave New Coin

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.

Solana is a fast and secure blockchain that can withstand censorship. It provides the open infrastructure necessary for global adoption. Solana is the platform that has been chosen by the best projects in DeFi, Web3 and blockchain gaming to be built on for the long-term. Solana can process 50k transactions every second. We don't think so. To experience Solana's speed, stress test the network. Say goodbye to slow confirmations and high fees. Solana is designed for speed without compromises. Solana uses Proof of History and other innovative innovations to scale the network at Moore's Law speed. Don't worry about fees rising as your user base increases. Solana is designed for applications that have billions of users to keep fees low. Solana's single global status ensures that projects can be connected. Never deal with multiple layers 2 or shards.

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.