Best Layer 1 Protocols for Ledger Nano X

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.

MultiversX (formerly Elrond), is a highly scalable and secure decentralized blockchain network that was created to allow radically new applications for users, businesses and society. Scale across the Multiverse. Create new apps, new economies and new worlds. Core blockchain applications and the Sovereign Blockchain module. It can be deployed in minutes. Fully customizable. It includes a wide range of features and uses cases that can be used by any creative brand or company. The portal to the Metaverse. Your avatar's home. Finance everything A debit card. Chat, social and friends. Accessible to anyone, from anywhere in the world. A world creation engine. A network of interoperable Metaverses. This is the very first Metaverse planet in this new world.

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.

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.

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.

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

For blockchain developers who want rapid progress, unprecedented interoperability is available and scalability is possible. Substrate was used to build the project. It has a similar codebase and multichain infrastructure to Polkadot's cousin Kusama. Technology and society have become so interdependent that large entities are able to overstep their authority and stretch their boundaries. Kusama was created as a risk-taking network for Polkadot. It's a platform that allows change agents to take control, incite innovation, and disrupt the status quo. You can ship your product quickly if you move fast. Kusama's willingness to take risks and agile mentality allow developers to quickly move through the governance and upgrade process. This allows for rapid progress and growth. You can build on a next-generation multichain network that is sharded and uses the most recent features before they are available on Polkadot.

The public blockchain, which derives its value through activities created by members of the ecosystem to solve real world economic problems. BlockRef and Expiration transaction fields allow users to set the time at which transactions are processed or expired, if they are not included in a block. Flexible transaction fee delegation schemes (Multiparty Payment and Designated gas Payer) allow for a freemium model within an application that allows users to be onboarded without any friction. Multi-function atomic transactions enable developers to batch pay, add multiple calls from different contract functions to one transaction, and determine their order. To ensure that the execution order meets business needs, you can set dependencies. Transactions that specify a dependency won't be executed until the transaction is processed.

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.

Ontology supports identity authentication as well as data collaboration between vehicles, users, and third parties. Only the owner can access, use and store data. A number of cryptographic algorithms have been implemented through the Ontology Trust Framework, Self-Sovereign Data Storage to protect user identity as well as data privacy security. Every data exchange operation needs authorization. Authorization protocols and cryptographic algorithms can be used to achieve selective exchange. Blockchain can be used to trace, authorize and authenticate personal data. We integrate TEE technology in some cases to support data processing and analysis without privacy disclosure. It is time to take back control of your digital identity. ONT ID allows you to take control of your private data. You control when and if your data is available to others.

Decred employs an innovative hybrid proof-of-work/proof-of-stake system that layers security and carefully aligns incentives. This system combines the best of both worlds. However, it is more costly to attack than proof-of work or proof-of stake. Decred's governance systems give its community formal rights to make consensus changes, manage project-level decisions, and grant them formal rights. These systems allow Decred to be flexible, allowing it adapt to the needs of its stakeholders, resist forks, and incorporate new technology over time. Decred continues to fund its treasury by paying 10% of each block reward. It also employs a flexible contractor structure that allows contributors to be compensated for their work. Decred is a self-funded autonomous decentralized organization that is sustainable. You can vote on four new consensus changes using DCRDEX within Decrediton. Upgrade to 1.7 now!

Qtum, an open-source public blockchain platform, leverages the security of UTXO and enables multiple virtual machines including EVM. Qtum is PoS-based and features a Decentralized Governance Protocol, (DGP), which allows specific blockchain settings to change through smart contracts. Qtum's block size can be increased without the necessity of a hard fork. Qtum is a safe, stable, and standardised development environment for smart contract development. It allows business-friendly smart contracts coding, deployment, and execution. Qtum is a decentralized platform that can be used with existing blockchain infrastructure. It is modularized, so new technology can always been added. Qtum supports a wide range of crypto wallets that can be used to meet different user needs. Qtum also offers mature development resources for app and blockchain development.

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!

Spend it, save or give it to a friend. Zcash shielded transactions, unlike other forms of payment keep your financial information private and under your control. Zcash can be used to pay family members, friends, and service providers. You can also use Zcash in your favorite online stores and merchants. Zcash was the first to implement zk–SNARKs, a new form of zero-knowledge cryptography that provides its users with the most privacy possible in digital currencies. Zcash can also be purchased on any number exchanges. Gemini is simple to use and offers privacy options that other exchanges don't offer. There are many other trusted exchanges that can be used if Gemini is not available in your country.

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.

DigiByte does more than just provide a faster digital currency. It is a blockchain that can be used to secure authentication, digital assets, smart contracts, and decentralized applications. These three layers are the most advanced parts of DigiByte's blockchain, allowing for network infrastructure, security, and communications to operate at a cutting-edge speed. The top layer functions as an app store and has clear real-world applications. You can create all types of digital assets using the DigiAssets protocol, which is atop the DigiByte Blockchain. The middle layer is responsible for administration and security. A Digital Byte of data is a representation of larger data. It can also be referred to as a unit that has value and cannot be duplicated, copied, or hacked. A public, immutable ledger that records all DigiBytes transactions. DigiByte has five proof-of-work algorithms to ensure security. Only mining produces new DigiBytes.

Lisk is a platform for blockchain applications. By making blockchain accessible, we create a world where everyone can benefit from this technology. Develop blockchain applications that are compatible with the Lisk protocol. There is no need to learn new languages as everything is written in JavaScript or TypeScript. The modular design of Lisk SDK allows you to create any type of blockchain technology use-case. We are looking for developers and entrepreneurs to create blockchain applications using the Lisk SDK. Join us to receive a grant of 60,000 CHF to help expand our ecosystem and develop innovative blockchain use-cases. Lisk Desktop is a one-stop solution that allows you to manage your Lisk account and access tokens. You can also vote for delegate candidates. It combines the functionality and transparency of a blockchain-explorer with cryptocurrency wallet functionality. Lisk Mobile is the lightweight version that you can use on-the-go.

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.

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.

The Internet of Blockchains. Cosmos is an expanding ecosystem of interconnected apps, services and apps that are designed for a decentralized future. Discover a new world of connected services. Cosmos apps and services can connect using IBC, an Inter-Blockchain Communication protocol. This innovation allows you to freely exchange data and assets across sovereign decentralized blockchains. The Cosmos Hub serves as the economic heart of Cosmos and provides vital services to the Interchain. The next-generation decentralized exchange will allow you to swap digital assets across the Interchain with very low fees and instant transaction verification. ATOM will soon have the ability to secure many chains with the Interchain Staking feature. In exchange for additional rewards, The Hub's core mission is to connect chains through IBC connections with compatible chains, and operate decentralized bridges with chains such as Ethereum and Bitcoin.