Best Layer 1 Protocols in Africa

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.

The fork of Solana embedded with EVM integration. Fastest EVM/EBPF hybrid chains inherited best from Solana. All smart contracts built on Ethereum blockchain are supported. Extremely efficient performance at a fraction the cost. Get rewards and stake to support decentralization. Users can access the Velas Network to get decentralized services. They can delegate the security of their passwords, keys, or seed-phrases to segmentation algorithms, validators, and validators who are interested in data security. This information will be distributed across the network and is not accessible to any other participants.

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.

Meter is a high-performance infrastructure that allows smart contract to scale and travel seamlessly across heterogeneous blockchain networks. Meter is a Layer 1 or Layer 2 blockchain protocol. The Meter system consists two tokens: MTRG (the governance token; eMTRG is an ERC20 version) and MTR (the low-volatility currency to token). Financial assets should be able to flow freely between blockchains. Meter's HotStuff-based consensus permits 1000s of validator nosdes, making it the most decentralized Layer 2 Ethereum. Meter processes thousands upon thousands of transactions per second, and transactions are confirmed almost immediately. Meter Passport allows assets, smart contracts and smart contracts to travel and communicate across heterogeneous Blockchains for the best price and liquidity. Meter is an Ethereum compatible with unique enhancements. Meter is a Layer 2 DEX that is front-running/MEV resistant and fast.

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.

Hive is home to some the most popular Web3 apps worldwide, including PeakD, Splinterlands and HiveBlog. To securely store your cryptocurrency and interact with Web3 apps, wallets are essential. Hive offers a variety of community-owned and open source wallets for Windows, macOS Linux, iOS, Android, Android, and Web. Contributors make it possible to develop Hive and its ecosystem. To encourage critical work, such Core Development, a DAO-like structure is used: the Decentralized Hive Fund, (DHF), which is being leveraged for intelligently funding important work.

Highly decentralized blockchain platform for development. Designed to allow Microsoft developers to create blockchain solutions in a language that they are familiar with. Stratis provides a feature-rich ecosystem with tooling and Software-Development-Kits that allow solutions to be built with confidence and assurance thanks to the mature underlying framework. The Stratis Platform is a decentralized platform that is highly secure, energy-efficient, and highly secure. Stratis' architecture is based on Bitcoin, the most secure blockchain ever created. Stratis' implementation of Proof-of-Stake results in a low carbon footprint due to its energy-efficient block production. The Stratis Platform offers a rich toolkit that makes it easier for developers to learn blockchain concepts. It also includes code examples and reference implementations.

A blockchain that is compliant with today's and future economies. This allows for both private and public transactions. This allows for high throughput, fast transactions, predictable fees, and high throughput. This allows developers, traders, and businesses to harness the true potential of blockchain. Concordium's decentralised blockchain technology has layer-one ID. It offers forward-thinking companies, developers and traders cryptocurrency unrivalled security and transparency, as well as compliance with regulations if and when they are introduced. Utilizing zero-knowledge-proofs (ZKP) allows parties to verify information without exchanging or storing that information on-chain other than hash functions, so users can trust that their confidential business will become no one else's business.

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.

NEAR, the fastest path to market for builders, is an open-source platform that accelerates decentralized application development. We are building the tools that enable community-driven innovation that will benefit people all over the globe. Near Inc is developing NEAR, an application platform that brings blockchain to a wide range of mainstream applications. NEAR is a high-performance infrastructure that real people can use. It focuses on the developer and end user experience. NEAR is a decentralized platform for application that can manage high-value assets such as money and identity. It is also performant enough to make them usable for everyday people. NEAR's token economy revolves around the NEAR token. This token is a unit of value that allows token holders to use NEAR applications, participate in network governance and earn token rewards for staking to the network.

Flow is a new Blockchain designed for the next generation apps, games, as well as the digital assets that support them. Flow was built from the ground up to provide a foundation for internet-scale applications and protocols that require exceptional user experience. Flow was created by the CryptoKitties team and stress-tested with top international partners. It is now open to everyone to use and contribute to. It has been tested in production and is ready to help you create the applications people want. This simple feature will make a big difference in software quality and speed of development. A new programming language that is easy to learn and designed for digital apps and digital assets. Transparently and securely fix bugs and upgrade pre-specified components of a smart contract. Flow is fast and responsive, enabling global finality in seconds.

Conflux allows creators, communities, markets, and governments to connect across borders. Our Tree-Graph consensus algorithm is a breakthrough that uses parallel processing of transactions and blocks to reduce confirmation times and increase TPS. Conflux uses a well-tested PoW consensus to increase security and protect against reentrance attacks at the protocol level. ShuttleFlow, a lightweight cross-chain asset bridge built on Conflux, allows for seamless asset transfers between multiple protocols. Users with zero wallet balance can still use blockchain with our Fee Sponsorship Mechanism. To help with user onboarding, sponsors pay a portion of or all of the transaction fees for another user. Innovative DeFi apps can be built on top of the staking interest. Current staking interest in stowed tokens is 4% annually. This is due to the additional issuance.

Your next generation entertainment and video blockchain. The Theta blockchain provides both technical and financial solutions for decentralized video streaming and delivery. It is the only blockchain that can provide both technical and economic solutions. This is one of the most exciting blockchain ventures I have ever heard about. Decentralized peer-to-peer video delivery. A native blockchain. Powered by users. Viewers are now rewarded for sharing bandwidth and other resources. A peer-to-peer network that is decentralized delivers streams globally efficiently. Video platforms don't need to build expensive infrastructure. This allows for more innovation and new business models. All developers and partners are welcome to use the Theta network. Video platforms and content providers have the ability to create specialized Dapps for their audiences. Esports, music and movies, as well as distance learning and peer-to-peer live streaming, are all possible. The next generation of entertainment is possible.

Bitcoin Diamond is the internet’s native currency. It has lower transaction fees than any credit cards, better exchange rates that any government-backed currency, faster transaction confirmations, and lower transaction fees than any other digital payment method. Bitcoin Diamond is a worldwide currency that you can use for purchasing products from any country and having them delivered to your home, anywhere in the globe. It costs less than one penny per transaction, and there is no currency exchange required. It can be difficult to protect your money against theft and inflation with traditional government-backed currency. Bitcoin Diamond is a fork from the Bitcoin blockchain, which is the most popular and secure cryptocurrency. Bitcoin Diamond is a fiat currency that has a limited supply. This helps to keep inflation under control. It is based upon a decentralized blockchain, which keeps inflation under control. It can be accessed from any location. Each transaction is verified by multiple computers around world.

CasperLabs helps businesses build on Casper by providing professional services and support. Casper Network is the first proof-of-stake live blockchain that uses the Casper CBC specification. Casper was created to help developers and enterprises adopt blockchain technology today, and to evolve to meet future user needs. Casper was built using the original CBC Casper specifications, which were created by Ethereum developers. Businesses have the option to create private or permissive applications on the network. Casper's PoS architecture allows for sharding, which is a database-scaling option. Casper can evolve with businesses thanks to upgradeable contracts, predictable gas prices, and WebAssembly. CasperLabs is responsible for the development of Casper Network. It offers support and services for all sizes of organizations, from startups to large enterprises.

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.

Nano was designed to be efficient without the need to mine, which is an energy-intensive way to process transactions. Nano uses an innovative voting system that does not require any mining. Nano works in the same way as cash, transferring 100% of the value directly to the recipient. Nano is a convenient and easy way to transfer money between countries. This efficient mechanism allows the nano network to use magnitudes less energy than other digital currencies, providing the world with an environmentally-friendly, and sustainable currency for a greener future.

Everscale's architecture shows that software algorithms can be implemented alongside a blockchain infrastructure to reduce performance bottlenecks. This allows transaction throughput to scale in direct proportion with network bandwidth. Everscale's architecture fulfills three essential properties of a blockchain: security, scalability and decentralization. Everscale is proving that distributed systems research can be applied to blockchain. It can also be implemented using a mechanism that has been part Bitcoin since its inception: d nLocktime. This allows transactions to be postdated using block height and not a timestamp.

The First Blockchain Designed for GameFi and Metaverse. Vision hopes to create a high performance, interoperability and scalability metaverse space that is high-secure, secure, and highly performant. This will lower the entry threshold for users. The protocol evolved from PoS and is the result of countless hours of work. The VPoS network is made up of independent validator nodes worldwide. It has a very high safety factor which makes it easy to login and difficult to attack. Transactions on Vision take only seconds and are very affordable. Vision is compatible with Ethereum Virtual Machine (EVM), making it easy to deploy and run your Ethereum dApps on Vision. Vision is fully compatible to Ethereum. Vision's high performance allows you to deploy your dApps for a fraction of the price. Vision code is open-source. It is open-source and everyone can view it. They can also check the progress and comment on it. We need your help to build the ecosystem. Vision Metaverse Go! Creator is a content-focused, scripted and component-based game development tool.

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.

Canto is an Ethereum Virtual Machine-based permissionless general purpose blockchain. It was designed to deliver on DeFi's promise - that new systems would be made accessible, decentralized, transparent and free through a post-traditional movement in finance. Canto's goal is to create a free public infrastructure. Core DeFi primitives won't have sovereign governance tokens nor the ability to extract rent. Canto avoids interfaces that are based on user ownership. DEXs for public infrastructure will not have a swapping interface. All users will therefore need to trade through third-party aggregators. This will help to acquire new users for new protocols. Canto is an online community of DeFi advocates who support a free public infrastructure.

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.