Best Layer 2 Protocols of 2024

Mode is Ethereum L2, which rewards you for expanding the network through new economic mechanisms. Mode is a new onchain economy that rewards contributions to network growth. Developers receive a percentage of the sequencer fees generated by their contracts. The smart treasury of Mode will be used to automate rewards across the ecosystem. Mode is built using the modular OP stack, and is a part of the superchain along with base and OP mainnet. Mode name service allows for seamless user-centric engagement on the mode blockchain. The mode bridge lets you transfer assets between L1 mode.

opBNB, a high-performance layer-2 within the BNB eco-system, is built using the OP stack. Gas fees for opBNB are stable and low-cost thanks to its block size of a 100M. This makes it a great choice for adoption in multiple digital environments. opBNB is able to meet a wide range of needs, including gaming, decentralized exchanges, daily use and digital collectibles. It also delivers optimal performance. Gamers are used to highly responsive experiences. Imagine looting a game asset after completing an entire combat scenario. Then, having to wait for the game to respond to grant you the item. A game like that would be unappealing to play and frustrating.

Dogechain supercharges the $Dogecoin currency to bring crypto applications such as NFTs, games and DeFi to $Dogecoin's community. Dogechain solves this problem. $Dogecoin users have very limited access to dApps (or any other applications). Dogechain allows Dogecoin owners to do more than just wait for Dogecoin's moon. Dogechain users are able to use $Dogecoin as gas fees. Dogechain offers utility to Dogecoin holders tired of hoarding $Dogecoin. The blockchain uses POS to provide low fees and quick transactions. Doge holders should be able to keep up with the latest developments in the crypto industry. Dogechain gives Doge superpowers, plugs it into games, DeFi, NFTs and more. Dogechain tokens can be purchased on a number of top centralized and uncentralized exchanges.

The new scalability stack to Ethereum. Instant transactions and scalable smart contract. Optimism (PBC) is a for-profit corporation that produces a public benefit while also operating in a responsible, sustainable manner. This means that we have to balance the stockholders' interests with the best interests for those who are most affected by our conduct. We also have a "public benefit charter" that we were incorporated with. The Company's specific public benefit purpose is to increase and enshrine fair internet access through the development open-source software. This charter is our promise to the Ethereum community that we will uphold its values and produce infrastructure that promotes the growth of an ecosystem of public good.

zkSync is Ethereum’s most user-centric ZK rollup. ZK rollup does not have an upper limit on the amount it can safely handle in L2. This is unlike any other scaling strategy. All assets can be moved capital-efficiently between ZK rollups and L1. This is in contrast to optimistic rollups. zkSync has the lowest real transaction costs of all planned and existing rollups. zkSync supports meta-transactions and instant confirmations with economic finality. It also offers low-cost privacy and low-cost privacy. zkSync's design is easy and fun. In just a few lines of code, you can integrate payments and atomic swaps. A Rust-based framework allows you to create type-safe and functional-style smart contracts using Zinc. With minimal modifications, deploy your existing EVM codebase.

Stacks makes Bitcoin programmable. It allows you to create decentralized apps and smart contract that inherit all the Bitcoin's power. You can build apps and smart contracts using Bitcoin. Stacks connects with Bitcoin, allowing you to create apps, smart contracts and digital assets that are integrated into Bitcoin's capital, security, and network. To support the network's security, and consensus, lock your STX temporarily. As a reward, you will receive Bitcoin that miners can transfer as part Proof of Transfer. Stacks makes Bitcoin's $760B capital programmable using smart contracts. A better financial system built on Bitcoin is possible. It's open, composable and does not require intermediaries. With Clarity smart contracts, you can run your app's logic on blockchain. Clarity is a more secure, predictable language that protects against many bugs and exploits. Ideal for high-stakes code, where bugs are not an option.

The Bitcoin Network has made RSK the most secure smart contract Blockchain. Bitcoin is the best DeFi opportunity. It is fully enabled on RSK - the most secure smart contract platform worldwide. Bitcoin users can now lend, borrow, trade, and earn interest on their Bitcoin. Financial decentralization is the future of finance. RSK is the best contract platform in the entire world. RSK's Contracts mission is to increase the value and functionality of the bitcoin Contracts ecosystem through smart contracts, near instant Contracts payment, and greater scalability. RSK Blockchain is connected with Bitcoin via Merged Contracts Mining, the two-way peg, also known as the bridge. RIF is built on top of RSK and aims to provide the foundations for a fully decentralized internet that can enable Decentralized Sharing Economys. It will empower and protect individuals' value through identity, payments and storage.

Bitcoin Lightning Network. Instant Payments. Lightning-fast, blockchain payments without the need for block confirmation. Blockchain smart-contracts ensure security without the need to create an on-blockchain transaction for individual transactions. Payment speed is measured in milliseconds to seconds. Scalability. The network can handle millions to billions in transactions per second. Legacy payment rails are thrown out the window by this capacity. It is now possible to attach payment per click/action without custodians. Low cost. Lightning Network allows for extremely low fees by transacting and settling off blockchain. This allows for emerging use cases like instant micropayments. Cross Blockchains. Cross-chain atomic Swaps can be made off-chain immediately using heterogeneous blockchain consensus rules. Transactios can be made across blockchains as long as they support the same cryptographic haveh function.

The second layer 2 for NFTs on Ethereum. Zero gas fees, instant trades, and scaling for games, apps, marketplaces, with no compromise. Digital asset trading is the future. We are ensuring NFTs can be traded in an open, decentralized environment, secured by Ethereum. Zero gas fees for peer to peer trading. You can set your own trading fees. There is no custodial risk. Users keep their private keys. Massive scaleability, up to 9,000+ TPS. Not a centralized sidechain. ERC-20 and ERC-721 are supported by Ethereum. True L2 inheriting security of the L1. Immutable X Mint is a secure way for you to quickly create and distribute assets on a large scale. ERC-721 tokens and ERC-20 tokens can be created. These tokens can be used for both single and bulk minting. Zero gas costs. Instantly tradeable assets. Same security as mainnet Ethereum. We'll help you onboard your team and provide technical consulting on critical connections.

Omni is a platform that allows you to create and trade custom digital assets and currencies. It is a software layer that is built on top the most trusted, most audited and most secure blockchain, Bitcoin. Omni transactions are Bitcoin transactions that enable the next-generation features of the Bitcoin Blockchain. The reference implementation of Omni Core, an enhanced Bitcoin core, provides all the features and advanced Omni Layer features. It's easy to create tokens that can be used to represent assets or currencies, and then transact them via the Bitcoin blockchain. Omni is the most popular Bitcoin-based token protocol due to its simplicity and power. Omni makes it easy to decentralize crowdfunding. Crowdsale participants can send tokens or bitcoins directly to an address. The Omni Layer then automatically delivers the tokens to the sender in the return. This is all without the need to trust a third-party.

Blockchain token management and storage provides greater transparency than traditional asset accounting and trading. Tokenization can be used to tokenize virtual gaming assets, licenses and digital media rights, gift certificates, company stock shares, and even company stock shares. Peer-to-peer tokens can be sent without the need for intermediaries, creating a new type of decentralized digital marketplace. Simple Ledger Protocol is the easiest, fastest, most liberating and liberating token system. SLP tokens are easy to create, transfer, and manage on the Bitcoin Cash blockchain in just seconds. Each transaction costs only a fraction of a penny. Many systems can be complicated. SLP is simple to understand and gives users confidence. To use other tokens, you will need to acquire their coin. BCH is the foundation for SLP. The system is reliable because it has a limited number of consensus rules.

Milkomeda provides rollup technologies to top Layer 1 ecosystems. It offers the most popular smart contracting languages, Solidity, while improving inter-blockchain interoperability and user experience. To reap the benefits of both rollups as well as Solidity, the core foundation must be implemented in non-EVM ecosystems. Devs can port existing Ethereum projects to dApps for a wider selection. You can move faster and more cheaply while still having access to core development and security auditing expertise. Our goal is to use the power of rollups across all chains and to have audits at key points on the roadmap to ensure security. Milkomeda can handle hundreds of transactions per second, without compromising long-term decentralization. We also work with wallets to make the process of moving assets to Milkomeda easy.

CryptoGPT is the ZK Layer-2 which allows you to own the monetization and management of your AI data. Every task in your day can be turned into an income source. $GPT Blockchain to Monetize Your Data With AI. Every task in your day can be turned into an income source. Unique on-chain NFTs that store activity data Your data is essential for AI algorithms. Big tech companies are currently monetizing this data to grow into trillion-dollar businesses. Now it's your turn. The CryptoGPT ecosystem allows you to build your data capsule so that AI development requests can use them - only with permission and for the amount you want. The CryptoGPT Launcher is available to everyone on the internet. It allows you to immediately start data collection of your app usage on any ecosystem app. Our composable block of code plugs into any app, without affecting any feature, and instantly makes it more profitable for both the app developer as well as its users.

The Hoo Smart Chain Platform (HSC) is a unified platform that uses the Hoo Group's traffic, technical and ecosystem resources. It will gradually be open to the blockchain industry. It will make it easier to build decentralized applications and give you complete control over traffic, promotion, and other resources. Global developers will have access to a variety of innovative facilities and services through HSC. Hoo Smart Chain, the first product of the Hoo Organization, is a decentralized, energy-saving, high-efficiency public chain. It supports high-performance transactions and is compatible with smart contracts. The PoSA consensus mechanism is also adopted by the endogenous HOO token. HSC will continue to enhance the efficiency of Ethereum via sidechain and empower decentralized ecosystems

Polygon (previously Matic Network), is a protocol and framework that allows you to build and connect Ethereum-compatible blockchain networks. Although Ethereum is the preferred blockchain development platform, it has its limitations. Polygon - A protocol and framework for building and connecting Ethereum compatible blockchain networks. Preset blockchain networks can be deployed in one click. A growing number of modules are available for the development of custom networks. Interoperability protocol to exchange arbitrary messages with Ethereum or other blockchain networks. Modular and optional security as a service. Modules for adaptors to enable interoperability with existing blockchain networks. Polygon brings together the best of Ethereum, sovereign and other blockchains in an attractive feature set. For developers.

The first ever USD stable blockchain and multichain staking token. The xDai blockchain is a stable payments network that allows for quick and inexpensive transactions. The unique dual-token model of the chain is unique. xDai, a stable token, is used for payments and transactions. STAKE, a governance token, is used to support POSDAO Proof of-Stake. xDai Bridges allow tokens to be moved seamlessly between chains via the TokenBridge Architecture. You can also pass tokens and other messages across chains. The xDai ecosystem continues its growth with many new projects migrations, integrations and applications. It also has a mature toolset that developers can use. The Project & DApps section reveals the full extent of the xDai eco-system.