Many cryptocurrency investors made a ton of money by investing in companies like layer 1 blockchain systems, Ethereum, Solana, and AVAX, among others. A further chance to profit from engaging in a layer 1 network will obviously present itself to consumers. Therefore, we’ll introduce you to three projects that are striving to become the industry’s next big thing. today we will discuss the Top 3 Layer 1 blockchain you can invest in (KDA COIN, SYSCOIN,AZERO COIN).
What is a layer 1 blockchain?
A base network’s core infrastructure, such as that of Bitcoin, BNB Chain, or Ethereum, is called Layer 1. Without a third network, these blockchain networks can validate and complete transactions. In essence, a layer 1 blockchain system key is a group of solutions created to enhance the structure of underlying protocols. Layer 1 solutions contribute to improved system scalability by introducing small changes to the base protocol. Many well-known blockchains have been having scalability problems.
While ignoring the alternatives, blockchain programmers have been putting effort into scaling solutions. Some of the well-known listings amongst layer 1 blockchain examples demonstrate how the layer 1 options might offer various scaling strategies. Layer 1 solutions, for instance, can enable larger blocks than the underlying protocol. As a result, more transactions could be processed by the blockchain network in a single block.
Top 3 Layer 1 blockchain PROJECTS:
Kadena KDA
Kadena is a blockchain platform that maximizes scalability and includes new clever contract terms called Pact, including formal testing and expandable smart contracts. It also employs a novel Proof-of-Work (PoW) consensus protocol known as Chainweb, which consists of multiple independently mining process chains running in unison to execute data exchange. Theoretically, this design can support high transaction latency at the base layer without requiring any second-layer scalability or configurability solutions.
How to buy Kadena KDA coin?
You must visit CoinMarketCap and conduct a Kadena search to purchase its token, KDA. Near the price chart, press the “Market” button. You may see a full list of exchanges where you can buy Kadena in this view, along with the money you can use to do so. The abbreviation KDA for Kadena is shown under “Pairs,” along with another currency. You must then choose a platform to make your transaction on. The levels of security, dependability, and liquidity vary amongst platforms.
As of the 4th of July 2022, KDA has a medium market cap of $279 million, and the best pairs are on Binance and Kucoin.
Syscoin SYS
Global network, distributed ledger, and tradable token all describe Syscoin. One of the most secure, reliable, and scalable networks ever existed on the planet is provided by Syscoin, which is built on a branch of the Bitcoin network and mined together with Bitcoin. Syscoin is a trustless blockchain-based virtual currency with a set of smart contracts that have been thoroughly tested and built using OP1 to OP16 standard script op-codes to represent colored coin transactions. Each smart contract (Syscoin service) is monitored by a hardened layer of consensus mechanism logic while still maintaining backward compatibility with the Bitcoin system.
How to buy Syscoin SYS coin?
You must have a wallet to keep your coins to buy syscoin. The wallets are offered on the main Syscoin website; you can then download the one that is appropriate for your computer. You create an account that allows Syscoin exchange, deposit financing into your account, and then you can begin buying and selling Syscoin. Users can buy and sell syscoin tokens using other cryptocurrencies after creating the Block Market computer wallet. As of the 4th of July 2022, SYS has a small market cap of $92milion and the best pairs are on Binance and MEXC-global.
Aleph-Zero AZERO
Aleph Zero seeks to offer a network that is prepared for business use and makes use of the most recent privacy-enhancing technologies. Thanks to the innovative distributed ledger technology that has been incorporated into the protocol, the built system is among the most accessible networks in the bitcoin sector.
As a result, a network that is simple to use, scalable, decentralized, safe, and offers privacy to users who think it necessary is created. ZK-SNARKs enable network users to demonstrate their ownership of specific data without disclosing that data’s details. For instance, a user can demonstrate his ability to purchase an item without disclosing his balance. As a result, the system ensures that each participant’s information is kept private. As of the 4th of July 2022,
How to buy Aleph_Zero AZERO coin?
To purchase Aleph Zero(AZERO), you will first need to buy another currency that can be easily obtained with fiat, such as (USDT, BTC, ETH, or BNB), and then send those funds to the cryptocurrency exchanges or wallets that handle Aleph Zero(AZERO) trading.
Numerous cryptocurrency exchanges and wallets accept buying USDT with fiat money and offer over-the-counter (OTC) trading platforms for the cryptocurrency. If so, selecting a cryptocurrency exchange or wallet to buy, sell, and trade USDT using your regional flat currencies, such as USD, EUR, TRY, and PHP, is simple for you to do. You can exchange the money for Aleph Zero once it has reached your wallet. AZERO has a small market cap of about $47 Milion, and the best pairs are on gate.io and MEXC-global.
Disclaimer: This is a compilation of statistics and surveys, not financial advice. Before purchasing any cryptocurrency, you should conduct your own research.
