Best Layer 1 Protocols for PolyNetwork

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.

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.

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.

Zilliqa leverages on its silicon-smooth, cost-effective, and speedy blockchain platform to transform digital infrastructure in all global communities. We are committed to providing a secure and scalable platform for developers and businesses who want to create decentralized applications. The unique application of sharding enables the blockchain to scale linearly. This allows Zilliqa to scale to meet the growing needs of an ecosystem of miners, applications, and users. Scilla, the first smart contract language that has been peer reviewed and is safe-by-design, powers Zilliqa. It is more friendly to formal verification and static checks by using functional programming design principles (as with OCaml). The ecological footprint of mining has been greatly reduced by Zilliqa's consensus mechanism. Mining ZIL takes only 1 minute of every 2-3 hours. This allows one to simultaneously mine other chains.

The blockchain development platform. Neo offers a full set of features right out of the box but doesn't limit you. Native functionality gives you all the infrastructure needed to build complete decentralized apps, while advanced interoperability lets you harness the power and potential of the global blockchain ecosystem. Neo's unique dual token model separates utility and governance. NEO token holders can participate in governance and are the owners of the network. Passive distribution of the network utility token GAS is also available to NEO holders - No staking required. Voting participation earns you more GAS rewards. GAS can be used to pay network fees, smart contract deployments and in dApp purchase.