Would you like to learn more about the best layer 1 blockchains? Good news, you’re in the right place!
Crypto Lists guide those that are looking for base level of the network architecture. See the toplist of the most used layer 1 blockchains below, along with facts, frequently asked questions, and the latest news further below.
A list of 48 Layer 1 Blockchains
This is the toplist with all the best layer 1 blockchains, especially relevant in United States. There may still be restrictions about what people in the your country are allowed to do when it comes to blockchains and cryptocurrencies. So make sure that you read up on the regulatory restrictions before investing. Crypto is extremely volatile and not suitable for everyone to invest in. Never speculate with money that you cannot afford to lose.
- Layer 2
- New Blockchains
If you want to get involved in the blockchain space, it’s important to have a good understanding of layer 1 blockchains. Get to know more about them on this page. Choose the type that best suits your needs, and start today!
Go directly to
- 1 A list of 48 Layer 1 Blockchains
- 1.1 What is a layer 1 blockchain?
- 1.2 What is the difference between layer 1 and layer 2 blockchains?
- 1.3 What is the difference between layer 1 and ZK rollups?
- 1.4 Layer 1 blockchain toplist
- 1.5 Ten best layer 1 crypto coins and tokens?
- 1.6 Comparison between layer 1 blockchains to layer 2
- 1.7 What factors play into the comparison of blockchains?
- 1.8 FAQs
What is a layer 1 blockchain?
Layer 1 blockchains are the foundation of the blockchain space, though some people consider layer 0 to be the bedrock. They are the underlying infrastructure that allows for the decentralization of many applications. Moreover, without layer 1 blockchains, the blockchain space would not be nearly as decentralized or open as it is today.
They are responsible for the security and scalability of the blockchain, making them ideal for enterprise use cases. Additionally, layer 1 blockchains are also the ‘backbone’ of the blockchain. They are the most reliable type of blockchain, and they are the only type of blockchain that can offer true decentralization.
Layer 1 networks are powered by Proof-of-Work (PoW) or Proof-of-Stake (PoS) consensus mechanisms, which provide security and decentralization. However, layer 1 networks are also the most expensive and resource-intensive type of blockchain.
What is the difference between layer 1 and layer 2 blockchains?
When it comes to blockchains, there are two different types: layer 1 and layer 2. Each type has its own distinct features and characteristics. Layer 2 blockchain is an off-chain solution that uses the layer 1 blockchain as its foundation.
The most popular layer 2 solution is the Lightning Network. Moreover, layer 2 solutions increase the scalability of blockchain networks by allowing them to process more transactions per second.
What is the difference between layer 1 and ZK rollups?
Layer 1 is the original blockchain. Zero Knowledge (ZK) rollups are an extension or sidechain of the layer 1 blockchain. In addition, Zk rollups are a type of blockchain that uses zk-SNARKs to compress all the data from many transactions into a single transaction. Here are 4 key differences between layer 1 and zk rollups:
Layer 1 blockchains are slower and have higher transaction fees than zk rollups. This is because layer 1 blockchains stores all data on a public ledger, which is a slow and expensive process. ZK rollups, on the other hand, store only a small amount of data on a public ledger. Therefore, this makes them much faster and cheaper.
Layer 1 blockchains require more storage than ZK rollups. They store all data on a public ledger. Therefore, this takes up a lot of space. However, ZK rollups only require a small amount of data to store on a public ledger. This means they can be stored on a much smaller device.
Layer 1 blockchains are more secure than zK rollups. ZK rollups only require a small amount of data to be stored on a public ledger, which means that it is much easier to hide fraud or errors in the data. Nevertheless, layer 1 blockchains are more secure because all the data is safe on a public ledger. This means that if there is any fraud or error in the data, it can be easily detected and corrected.
Other differences include: Layer 1 validates and stores all transactions on the blockchain, while ZK rollups only store and validate a smaller subset of transactions off-chain. Furthermore, layer 1 uses Proof of Work (PoW) while zk rollups use Zero Knowledge Proofs (zk-SNARKs).
Layer 1 blockchain toplist
There are 47 layer 1 blockchains featured above. There are many factors that contribute to a blockchain’s placement on the toplist. This network is constantly updating the ledger in real time, and all transactions are transparent and visible to everyone on the network. In addition, there are many types of layer 1 network systems, each with its own unique features and applications. You can access the list here and learn more about the layer 1 blockchains.
First and foremost is market capitalization, which is a measure of the total value of all the coins or tokens in circulation. Another important factor is trading volume. This is the total value of all trades made in a given period. Finally, another factor is network hashrate. This is a measure of the total computational power of all the computers or nodes on the network.
Ten best layer 1 crypto coins and tokens?
Many people believe that Bitcoin is the only cryptocurrency that exists, but there are actually thousands of them out there. Some of these function as a currency, while others provide a specific service. Here are ten of the most popular cryptocurrencies that are currently available.
Ethereum: It is a platform that allows developers to create decentralized applications. In addition, it was launched in 2015 and has a market cap of $143 billion.
Bitcoin: It is the original cryptocurrency and is still the most well-known. Additionally, it was created in 2009 and has a market cap of $319 billion.
BNB: Often known as the Binance Coin, BNB is the native token of the BNB chain and its tokens are referred to as BEP-20 ones.
Solana: A very fast and scalable network capable of lightning-speed transactions. Solana is one of the networks known as potential ‘Ethereum killers’.
Tron: Operating under the Tron blockchain, well known for the amazing transfer speed and some of the crypto market’s lowest handling and transfer fees.
Litecoin: It is a fork of Bitcoin that provides faster and cheaper payments. Moreover, it is a decentralized coin with a market cap of over $4 billion.
Avalanche: AVAX is the coin of the decentralized smart contract network known as Avalanche, an alternative to centralized platforms with similar use cases.
Helium: the native token for the decentralised blockchain-based network of the same name, sometimes called The People Network.
Cardano: Cardano, or ADA as the currency is commonly abbreviated to is a powerful and very green smart contract network.
Comparison between layer 1 blockchains to layer 2
There are some key differences between layer 1 blockchains and level 2. Layer 1 blockchains are slower and have scalability issues due to their reliance on a single chain of blocks. However, layer 2 blockchains are faster and more scalable due to their use of off-chain solutions. Layer 1 networks are more vulnerable to 51% of attacks due to their reliance on a single chain of blocks. However, layer 2 networks are more resistant to attacks due to their use of multiple chains of blocks.
Layer 1 networks require each node to store the entire blockchain, while layer 2 blockchains only require each node to store a portion of the blockchain. Furthermore, layer 1 networks are more expensive to use due to the high cost of storing and processing the entire blockchain. However, layer 2 blockchains are less expensive to use due to their use of off-chain solutions. Layer 1 blockchains are less private because of the public nature of the blockchain while layer 2 blockchains are more private due to their use of off-chain solutions.
What factors play into the comparison of blockchains?
The most important factor in determining the comparison of blockchains is the level of security that each one offers. In general, the more secure a blockchain is, the more difficult it is to hack. Therefore, the most secure blockchain will usually be the one that is the most difficult to hack.
Another important factor is the speed at which each one can process transactions. In general, the faster a blockchain can process transactions, the more efficient it is. Therefore, the faster a blockchain can process transactions, the more secure it is.
Scalability is another factor that determines the comparison of blockchains. Can the blockchain handle many transactions? This is important as more and more people start using the blockchain. Finally, the size of each blockchain can also be a factor in determining the comparison of blockchains. In general, the larger a blockchain is, the more secure it is. Therefore, the larger a blockchain is, the more efficient it is.
Below are some of the common questions that we received…
What is blockchain?
A blockchain is a digital ledger of all cryptocurrency transactions. It is constantly growing by adding “completed” blocks to it with a new set of recordings. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.
What is a digital wallet?
A digital wallet is where you store your cryptocurrency. You can store it on an exchange, but that is not recommended because exchanges are prone to hacking. A better option is to store it in a software or hardware wallet.