Best Layer 1 Protocols for SettleMint

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.

A blockchain platform designed for business and longevity. Corda is a blockchain platform that can help you unlock new value and transform your company. R3 envisions a world in which everyone can transact privately and directly with trust. Trustless interactions are the past because business partners work in perfect sync. R3's Corda enterprise blockchain platform delivers security, privacy, interoperability, and scalability. Corda is the backbone of top-of-stack applications (CorDapps), which are built by ecosystem participants. R3 is the leader of the largest global blockchain ecosystem. Participation as an app developer or explorer provides comprehensive benefits that are tailored to your institution's specific needs and development stages.

Hyperledger Fabric, an enterprise-grade distributed ledger platform, offers flexibility and modularity for a wide range of industry use cases. Hyperledger Fabric's modular architecture allows for a wide range of enterprise use cases. It can be used with plug-and-play components such as membership services, privacy, consensus, and privacy. Hyperledger Fabric is a foundation for building applications or solutions using a modular architecture. Hyperledger Fabric allows components such as membership services and consensus to be easily integrated. Its modular and flexible design allows it to be used in a wide range of industries. It is a unique way to achieve consensus that allows performance at scale while protecting privacy. Fabric's most compelling feature is the ability to create networks. Although members of a network work together because some businesses need their data to remain private they often have separate relationships within their networks.

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.

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.