Best Layer 1 Protocols for CoinTool

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.

Bitgert is an innovative crypto engineering organization whose goal is to revolutionize how people interact with digital assets. Bitgert, through their many projects, has created an ecosystem of products that covers all aspects of digital assets ownership. Bitgert offers a range of products to make it easier for anyone to get involved with cryptocurrencies. From the Bitgert Chain - a super-fast, blockchain that can process over 100,000 transactions every second - to the Bitgert central crypto exchange, which offers zero-fee trades, Bitgert's suite of products is comprehensive. Bitgert, with all of these products, is the fastest growing ecosystem in the crypto-space, offering a comprehensive range of solutions that meet the needs of modern digital asset owners. Bitgert Chain has the lowest transaction fees of any blockchain. Our ecosystem can provide the resources you need to scale your project with the help of our community and development team.

Celo is an open platform that makes financial services accessible to anyone with a smartphone. Mobile-friendly global payments infrastructure. Celo is an open-source platform that allows anyone to create borderless applications. It has been developed by thousands of individuals and organizations. Full node incentives and hyper-efficient light clients allow for scaling to 6 billion smartphones. Easy to use EVM compatibility makes it easy to get started. A growing family of native stablecoins like Celo Dollars that follow the value fiat currencies. You can pay transaction fees using stablecoins, or your own tokens. With Celo's decentralized phone verification protocol users can send currency to any mobile number and have access to a growing global cash-in-cash-out network. Celo's developer tools allow you to explore, build, and ship new ideas for your community.

BNB Smart Chain is a blockchain-based platform developed by Binance. It was designed to allow decentralized applications (dApps), and smart contracts. It is a parallel chain that operates alongside Binance Chain. It combines high-speed transactions and the programmability provided by Ethereum-compatible smart contract. BSC uses a Proof-of-Staked-Authority (PoSA) consensus mechanism, which enhances scalability and efficiency while reducing transaction costs. It is compatible with Ethereum Virtual Machine (EVM), which allows developers to easily port projects and dApps from Ethereum. BSC is a popular platform for Decentralized Finance (DeFi), Gaming, and NFT ecosystems. It offers users a fast and low-cost platform for blockchain-based innovation.

Build on Avalanche. You can build without limitations. Avalanche is a platform that allows you to create decentralized financial applications. It is open and programmable. Launch Ethereum dapps to instantly confirm transactions and process thousands of transactions per minute. This is far more than any other decentralized blockchain platform. You can deploy blockchains that meet your application requirements. You can create your own virtual machine and decide how the blockchain should work. Secure the platform by locking up your AVAX and facilitating transactions. Most likely, you have the hardware necessary to join the platform. Avalanche supports Solidity. All your favorite tools, such as Remix, Truffle, or Tenderly, work right out of the box. Avalanche smart contracts are only a tenth as expensive as Ethereum. Low gas fees, front-running, adverse effects, and other negative effects of slow smart contracts blockchains are all gone.