Best Layer 1 Protocols for HollaEx

Stellar empowers builders to unlock human and economic potential. It combines a powerful, decentralized blockchain network with a global ecosystem of innovators to create opportunities as borderless as ideas. It offers the tools to make a difference in the real world through new digital asset products and services that enhance access to the global financial system.

DAppChain, TRON's sidechain project, is called DAppChain. DApps can now operate on TRON with lower energy consumption and faster speeds. This will allow for unlimited capacity for TRON’s main network. TRON's TPS has been improved to enable high throughput. It has now surpassed Ethereum and Bitcoin in daily use. Because of its scalability, smart contract effectiveness and high efficiency, TRON offers a wider range of applications. It can support large numbers of users. A better rewards distribution mechanism is available in exchange for a more reliable network structure, intrinsic value, user asset, and higher degree of decentralization consensus. Poloniex's decentralized trading platform, formerly known under TRON's largest trading platform TRXMarket and ranked for many years among the Top 5 in TRON’s DApp ecosystem in terms trading volume.

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.

RippleNet is preferred by more than 200 financial institutions to help them find new customers in new markets, grow their services, and provide the best global payments experience. Global payments can be slow, expensive, and unreliable. The underlying systems are complex and fragmented. {RippleNet offers the most advanced blockchain technology for global payments--making it easy for financial institutions to reach a trusted, growing network of 200+ providers across 40+ countries and six continents.|RippleNet is the most advanced blockchain technology available for global payments. This makes it easy for financial institutions reach a trusted network of 200+ providers in over 40+ countries and six continents.}

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.

Polkadot, a blockchain network, is being built to enable Web3.0. This will allow users to control their data and ensure that markets benefit from network efficiency. Gavin Wood, a former co-founder and CTO at Ethereum, founded Polkadot in 2016. Polkadot's technology solves the major problems that have hindered blockchain adoption over the past few years. Parity Technologies created Polkadot's Substrate software development toolkit that allows blockchain developers to create their own custom, fit for use blockchains. Polkadot allows multiple blockchains to communicate with each other, allows for easy upgrades, and introduces "shared Security", a plug and play network security model that allows developers focus on the technology instead of spending time and resources recruiting operators to run a new Blockchain.

The Filecoin mainnet has been launched. Join Filecoin today to make deals, store your data, and earn FIL. Filecoin's network allows anyone to become a storage provider and monetize open hard drive space. This creates incredible economies of scale. The Filecoin network rewards participants at multiple levels, from large data centers to local entrepreneurs to those who have mining rigs that cover the entire last mile. To win storage deals, store data and earn filecoin, miners combine disks with other hardware. There are many mining configurations, from desktop computers to large racks that have disks and compute. This is not a place for wasting proof-of-work. More block rewards are won if you have more files. The more filecoin that you earn, the more storage you can add. Miners will be rewarded for delivering content fast with the Filecoin retrieval marketplace.

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.

Technology that allows for frictionless financing. We are the technology company that developed and built the first open, permissionless, pure-proof-of-stake blockchain protocol. This protocol, which is free from forking, provides the security, scalability and decentralization necessary for today's economy. We are a team of award-winning professionals that enable traditional finance and decentralized financial companies to embrace frictionless finance. Advanced technology opens the door to sophisticated applications. DeFi solutions and DeApps with smart contract capabilities can scale to billions of people, tens or millions of transactions per day, and incur negligible transaction fees. Algorand Standard Assets, which are standard blockchain assets, have customizable options and can be found directly in Layer-1. Layer-1 provides secure transactions and transaction settlement for multiparty transactions. Facilitating enterprise adoption of decentralized finance

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.

Dogecoin, an open-source peer to peer digital currency, is favored by Shiba Inus around the world. Dogecoin can only be used if you sync with the blockchain. MultiDoge is a lightweight wallet. It syncs with blockchain by "skimming" the blockchain, allowing for fast sync times. Dogecoin Core is a "full-featured" wallet. It syncs by downloading the app, giving you a reliable Dogecoin wallet. Dogecoin is different from other digital currencies because it has a vibrant community of friendly people just like you. Dogecoin's friendly, playful mascot is "Doge". Dogecoin's mascot, Dogecoin's Shiba Inu, is a Japanese breed dog. A wallet is used to store your Dogecoins on your computer/smartphone. There are many ways to obtain Dogecoin. You can trade for them, buy them, tip them, "mine" them and many other ways to get Dogecoin. They are amazing!

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.

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.

Security-focused. Upgradable. Built to last. Tezos is an open source platform for assets and applications that is supported by a global network of validators, researchers, builders, and other developers. Tezos addresses the key barriers to blockchain adoption: smart contract safety, long term upgradability, open participation, and long-term upgradability. Tezos is designed for high-value assets and other use cases. Its native smart contract language Michelson facilitates formal verification. This is a common method used in mission-critical environments like the aerospace, nuclear and semiconductor industries. Tezos' modular architecture allows the network to quickly adopt and propose new technological innovations as they arise. These features, along with Tezos' online invoicing mechanism, allow the protocol to stay at the forefront of technology for many years to come -- without compromising community consensus.

Litecoin, a peer to peer Internet currency, allows instant, almost-zero-cost payments to anyone around the globe. Litecoin, a global open-source payment network, is completely decentralized and does not have any central authorities. Mathematical security ensures that the network is secure and allows individuals to manage their finances. Litecoin has a faster transaction confirmation time and better storage efficiency than any other math-based currency. Litecoin, which has substantial industry support, trade volume, and liquidity, is a solid medium of commerce that complements Bitcoin. Wallet encryption lets you secure your wallet so you can view transactions and balance. However, you will need to enter your password to spend litecoins. This protects you from trojans and wallet-stealing viruses, and also allows you to perform a sanity test before sending payments.

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.