-
bitcoin $87959.907984 USD
1.34% -
ethereum $2920.497338 USD
3.04% -
tether $0.999775 USD
0.00% -
xrp $2.237324 USD
8.12% -
bnb $860.243768 USD
0.90% -
solana $138.089498 USD
5.43% -
usd-coin $0.999807 USD
0.01% -
tron $0.272801 USD
-1.53% -
dogecoin $0.150904 USD
2.96% -
cardano $0.421635 USD
1.97% -
hyperliquid $32.152445 USD
2.23% -
bitcoin-cash $533.301069 USD
-1.94% -
chainlink $12.953417 USD
2.68% -
unus-sed-leo $9.535951 USD
0.73% -
zcash $521.483386 USD
-2.87%
which blockchain used for web3
Ethereum, with its robust developer ecosystem, mature infrastructure, and support for smart contracts, is a top choice for Web3 development, despite its high gas fees and slow transactions.
Oct 22, 2024 at 04:18 pm
Web3, the next-generation of the internet, is powered by blockchain technology. Here are the top 5 blockchains used for Web3 development:
1. Ethereum- Key features: Smart contracts, decentralized applications (dApps), non-fungible tokens (NFTs)
- Advantages: Largest developer ecosystem, mature infrastructure, high security
- Limitations: High gas fees, slow transaction times
- Key features: Fast and low-cost transactions, EVM compatibility
- Advantages: Low gas fees, fast confirmation times, integration with Binance ecosystem
- Limitations: Centralized authority, less mature developer ecosystem than Ethereum
- Key features: Layer-2 scaling solution for Ethereum, fast and low-cost transactions
- Advantages: Low gas fees, high transaction throughput, EVM compatibility
- Limitations: Not as secure as Ethereum, potential for network congestion
- Key features: High-performance blockchain with fast and low-cost transactions
- Advantages: Scalable, high transaction speed, low gas fees
- Limitations: Relatively young platform, less developer support than Ethereum
- Key features: Layer-1 blockchain with high scalability, low latency, and customization
- Advantages: Fast transaction speeds, low operating costs, smart contract platform
- Limitations: Less mature developer ecosystem than other blockchains on this list
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