100+ Layer 1 Blockchains

Introduction to Layer 1 Blockchains

Blockchain technology has revolutionized numerous industries by introducing a decentralized and secure method of transaction recording. At the core of this innovation are Layer 1 (L1) blockchains, which form the foundational architecture upon which various decentralized applications (dApps) and cryptocurrencies are built. Layer 1 blockchains are essential for maintaining the integrity and security of the blockchain ecosystem by executing on-chain transactions and providing the fundamental protocol that ensures decentralization, security, and transparency.

The Evolution and Significance of Layer 1 Blockchains

The concept of blockchain was first introduced with Bitcoin in 2009 by the pseudonymous Satoshi Nakamoto. Bitcoin’s primary contribution was to establish a decentralized digital currency system that relied on a Proof of Work (PoW) consensus mechanism to validate transactions and secure the network. This pioneering effort laid the groundwork for subsequent Layer 1 blockchains, which have continued to evolve and diversify in functionality and purpose.

Layer 1 blockchains like Bitcoin and Ethereum have been instrumental in demonstrating the potential of blockchain technology. Bitcoin remains the most valuable cryptocurrency by market capitalization, primarily used as a store of value and a medium of exchange. Ethereum, introduced in 2015 by Vitalik Buterin, expanded the scope of blockchain technology by enabling the development of smart contracts and dApps. Ethereum’s transition from PoW to a Proof of Stake (PoS) consensus mechanism in 2022, known as “The Merge,” aimed to enhance scalability and reduce energy consumption.

Layer 1 Blockchains

Bitcoin, launched in 2009, is the oldest and largest cryptocurrency. Developed by Satoshi Nakamoto, Bitcoin’s Layer 1 blockchain utilizes an energy-intensive PoW consensus algorithm where nodes compete every ten minutes to solve complex mathematical problems and post new transactions. This process ensures high security and decentralization, making Bitcoin a reliable digital currency and store of value.

Ethereum, the second-largest cryptocurrency by market capitalization, was launched in 2015. It allows third-party developers to create dApps on top of its Layer 1 protocol. Originally using a PoW consensus mechanism similar to Bitcoin’s, Ethereum transitioned to a PoS system in 2022 to improve scalability and reduce environmental impact. Ethereum’s robust platform supports various applications, including DeFi and NFTs, making it a cornerstone of the blockchain ecosystem.


Algorand, which emerged in 2019, focuses on the future of finance and aims to replace traditional financial models with decentralized alternatives. Using a Pure Proof of Stake (PPoS) consensus mechanism, Algorand offers high-speed transactions and low fees. Its emphasis on security and scalability makes it a suitable platform for financial applications and DeFi.

Avalanche, launched in 2020, is renowned for its fast transaction finality, thanks to its unique consensus mechanism. With a capacity of over 4,500 transactions per second, Avalanche requires minimal hardware to run nodes, promoting decentralization. Its compatibility with the Ethereum Virtual Machine (EVM) allows developers to deploy dApps easily, making it a versatile and high-performing Layer 1 blockchain.

Binance Smart Chain (BSC), introduced in 2020, has quickly become one of the most popular blockchains. Known for its low transaction fees and high throughput, BSC uses a Delegated Proof of Stake (DPoS) consensus mechanism. Despite its scalability, BSC faces criticism for its lack of decentralization, as it is closely tied to the Binance exchange. Nevertheless, it remains a favored platform for DeFi applications due to its efficiency.

Cardano, launched in 2017, is distinguished by its use of the Ouroboros PoS consensus mechanism. Founded by Charles Hoskinson, a co-founder of Ethereum, Cardano emphasizes peer-reviewed research and scientific development. This approach ensures robust security and scalability, supporting various applications in DeFi and beyond. Cardano’s commitment to evidence-based methods has positioned it as a reliable and innovative Layer 1 blockchain.

Cosmos, introduced in 2019, uses the Tendermint BFT consensus algorithm to facilitate an interoperable blockchain ecosystem. Cosmos aims to enable different blockchains to communicate and share data through its Inter-Blockchain Communication (IBC) protocol. This approach addresses the interoperability challenge, allowing diverse blockchains to coexist and operate within a cohesive network.

Elrond, launched in 2020, uses the Secure Proof of Stake (SPoS) consensus mechanism and adaptive state sharding to provide a highly scalable and secure blockchain. Elrond’s focus on performance and security makes it suitable for a wide range of applications, from financial services to digital identity verification.

Fantom, launched in 2019, employs the Lachesis consensus algorithm, an asynchronous Byzantine Fault Tolerant (aBFT) system. Fantom’s high performance and scalability make it ideal for dApps requiring fast and efficient transactions. Its low fees and robust infrastructure have attracted a growing user base in the DeFi space.

Flow, launched in 2020, is optimized for consumer applications such as NFTs and gaming. Using a PoS consensus mechanism, Flow provides high throughput and user-friendly interfaces, making it accessible to a broad audience. Its focus on ease of use and scalability has made it a popular choice for developers and consumers alike.

Harmony, which began in 2019, utilizes the Effective Proof of Stake (EPoS) consensus mechanism to achieve scalability and security. Harmony’s innovative approach includes sharding, which divides the blockchain into smaller, manageable pieces to enhance transaction speed and efficiency. This makes Harmony a scalable solution for high-performance dApps.

Hedera Hashgraph, introduced in 2019, employs the Hashgraph consensus algorithm, which offers high throughput and low latency. Hedera’s enterprise-grade security and performance make it an attractive platform for businesses looking to leverage blockchain technology for various applications, including supply chain management and digital asset issuance.

NEAR Protocol, launched in 2020, is designed to be a developer-friendly blockchain for dApps. Using the Nightshade PoS consensus mechanism, NEAR offers high throughput and user-friendly interfaces. Its focus on accessibility and performance makes it an attractive platform for developers and end-users alike.

Polkadot, created by another Ethereum co-founder, Gavin Wood, was introduced in 2020. Polkadot aims to create an interoperable blockchain network using parachains, which allow multiple blockchain projects to operate seamlessly together. This multi-chain architecture enhances scalability and enables diverse applications to coexist within a unified ecosystem, addressing one of the critical challenges in the blockchain space.

Solana, another high-performance blockchain, was launched in 2020. It combines Proof of History (PoH) with PoS to achieve impressive transaction speeds, capable of processing over 50,000 transactions per second. Solana’s rapid transaction capabilities make it an ideal platform for high-demand dApps, although it is not as decentralized as Ethereum. Its focus on performance has attracted significant adoption in the blockchain community.

Tezos, launched in 2018, employs a Liquid Proof of Stake (LPoS) consensus mechanism and is known for its self-amending blockchain. This feature allows stakeholders to vote on protocol upgrades, ensuring the network evolves without hard forks. Tezos supports various dApps and smart contracts, providing a flexible and secure platform for blockchain innovation.

Tron, introduced in 2018, uses the Delegated Proof of Stake (DPoS) consensus mechanism to create a decentralized content-sharing platform. Tron’s high throughput and low transaction fees make it an efficient solution for content creators and consumers. Its focus on decentralizing the internet has attracted a vibrant community of users and developers.

Waves, launched in 2016, employs the Leased Proof of Stake (LPoS) consensus mechanism and is known for its user-friendly platform for custom token creation and trading. Waves’ easy token creation process and robust infrastructure make it a versatile and accessible blockchain for various applications.

Zilliqa, introduced in 2017, is known for its high-throughput capabilities, achieved through sharding. By dividing the network into smaller components, Zilliqa can process transactions in parallel, significantly increasing its speed. This feature makes Zilliqa a powerful platform for applications requiring rapid and scalable solutions.

Kusama, launched in 2019, is an experimental blockchain platform designed to test new features and protocols before they are deployed on Polkadot. Known for its high scalability and interoperability, Kusama allows multiple blockchains (parachains) to operate in parallel, enhancing transaction speed and flexibility. Its decentralized governance model empowers the community to propose and vote on network changes, making it a dynamic and rapidly evolving environment ideal for developers looking to innovate.

Celo is a mobile-first blockchain platform designed to provide decentralized financial services globally. It enables users to send payments using their mobile numbers, supporting multiple stablecoins like cUSD and cEUR for everyday transactions. Celo is transitioning to a Layer-2 solution on Ethereum to enhance scalability and reduce transaction costs, reinforcing its mission of financial inclusion.

VeChain is a Layer-1 blockchain platform designed for enterprise use, particularly in supply chain management. Launched in 2018, VeChain Thor is known for its ability to provide transparent, tamper-proof records that enhance the traceability and authenticity of products. The platform operates on a dual-token system with VET as the primary token and VeThor (VTHO) used to cover transaction fees. VeChain has established partnerships companies like Walmart China, DHL, and PwC, using its technology to improve supply chain processes and product verification. The network utilizes a Proof of Authority (PoA) consensus mechanism, which ensures efficiency and scalability while maintaining high security standards.

Internet Computer is a decentralized blockchain that enables the hosting of websites, applications, and data entirely on-chain. Launched in 2021 by the DFINITY Foundation, it uses a reverse gas model, where developers pay for computation upfront with “cycles,” making user interactions smoother. ICP supports interoperability, scalable smart contracts, and allows developers to build dApps that function entirely on-chain without traditional IT infrastructure.

Terra is a blockchain platform that originally gained recognition for its algorithmic stablecoin and DeFi applications. Following the collapse of its stablecoin in 2022, the platform was rebranded as Terra 2.0 with a new LUNA token, while the original network continues as Terra Classic (LUNC). Terra 2.0 operates on a Proof of Stake consensus mechanism, enabling staking and governance participation by LUNA holders. The platform focuses on maintaining low transaction fees and high scalability within its DeFi ecosystem.

Theta Network is a blockchain platform launched in 2019, designed to decentralize video streaming by allowing users to share bandwidth and earn rewards. The platform features two tokens: THETA for staking and governance, and TFUEL for transaction fees. Theta’s network includes Validator Nodes, Guardian Nodes, and Edge Nodes, which collaborate to ensure efficient video delivery. Key partnerships with companies like Google and Samsung bolster its ecosystem, emphasizing Theta’s focus on improving video streaming quality and reducing costs through decentralized technology.

Stacks is a blockchain platform that launched in January 2021. It enhances Bitcoin’s functionality by enabling smart contracts and decentralized applications (DApps) without modifying Bitcoin itself. Stacks operates on a Proof of Transfer (PoX) consensus mechanism, which allows STX token holders to earn Bitcoin rewards by locking their tokens. Originally known as Blockstack, the platform rebranded to Stacks in 2020, following its milestone as the first SEC-qualified token offering in 2019. The platform focuses on building decentralized finance (DeFi), NFTs, and other DApps, all secured by the Bitcoin network.

IOTA is a distributed ledger technology launched in 2016, designed for the Internet of Things (IoT). Unlike traditional blockchains, it uses a Directed Acyclic Graph (DAG) called the Tangle. This structure allows for feeless transactions and scalability. The IOTA 2.0 upgrade, known as Coordicide, aims to remove the central coordinator, enhancing decentralization and security on the network. The IOTA token facilitates transactions and data transfers within IoT environments.

EOS is a blockchain platform launched in 2018 to support the development of decentralized applications (dApps) with high scalability and usability. It uses a Delegated Proof of Stake (DPoS) consensus mechanism, allowing for thousands of transactions per second without transaction fees. EOS was developed by Block.one and raised $4 billion in its ICO, one of the largest in history. The platform is designed to be user-friendly, supporting smart contracts and featuring compatibility with the Ethereum Virtual Machine (EVM), which enables interoperability with Ethereum-based applications.

Qtum is a blockchain platform launched in September 2017, designed to integrate the strengths of Bitcoin and Ethereum into a single, versatile network. It combines Bitcoin’s Unspent Transaction Output (UTXO) model with Ethereum’s Virtual Machine (EVM) to offer both robust security and advanced smart contract functionality. This hybrid approach allows Qtum to support decentralized applications (dApps) with the added benefit of scalability and low transaction fees through its Proof of Stake (PoS) consensus mechanism. The platform’s unique Account Abstraction Layer (AAL) enables seamless interaction between these technologies, making it a flexible and developer-friendly option for building secure and efficient dApps.

Neo is a blockchain platform that launched in 2016, originally known as Antshares before rebranding in 2017. It aims to create a “smart economy” by digitizing assets, identities, and automating their management through smart contracts. Neo uses a unique dual-token system: NEO, which is used for governance, and GAS, which is used to pay for transactions on the network. The platform operates on a Delegated Byzantine Fault Tolerance (dBFT) consensus mechanism, allowing for high transaction speeds and scalability. Neo 3.0, or N3, introduced significant upgrades, including enhanced smart contract capabilities, decentralized storage, and oracles to support a more comprehensive and scalable blockchain infrastructure.

ICON is a blockchain platform launched in 2017 that focuses on enabling interoperability between various blockchains. It uses a consensus mechanism called Delegated Proof of Contribution (DPoC), which allows ICX holders to vote on governance issues. ICON’s standout feature is its Blockchain Transmission Protocol (BTP), which enables secure cross-chain communication. The platform also supports smart contracts, decentralized applications (dApps), and custom tokens, making it versatile for developers.

Lisk is a blockchain platform launched in 2016, designed to make blockchain development more accessible by allowing developers to build decentralized applications (dApps) using JavaScript. Lisk uses a Delegated Proof of Stake (DPoS) consensus mechanism, where LSK token holders vote for delegates to secure the network and produce blocks. A standout feature of Lisk is its sidechain architecture, which allows developers to create customized, interoperable sidechains connected to the main Lisk blockchain. This setup enhances scalability and flexibility while keeping transaction fees low. Lisk’s platform is focused on enabling interoperability between blockchains, positioning itself as a user-friendly option for developers looking to create scalable dApps.

Ontology is a blockchain platform launched in 2018, focused on decentralized identity (DID) and data management solutions. It uses the Verifiable Byzantine Fault Tolerance (VBFT) consensus mechanism, which combines Proof of Stake (PoS) with additional security layers for scalability and efficiency. Ontology’s ONT ID framework allows users to securely manage their digital identities. The platform supports interoperability with other blockchains and uses the ONT token for staking and governance, with ONG used for transaction fees.

Kava is a blockchain platform launched in 2019 that integrates the Cosmos SDK and Ethereum’s EVM into its unique co-chain architecture. This setup allows Kava to offer decentralized financial services such as lending, borrowing, and staking. Key features include Kava Mint for issuing stablecoin loans, Kava Lend for participating in money markets, and Kava Swap for asset exchange. The native token KAVA is used for governance and staking, while USDX serves as the platform’s stablecoin.

Aion is a blockchain platform launched in 2018, designed to enable interoperability between different blockchains by allowing them to transfer data and value seamlessly. It features a multi-tier architecture with layers dedicated to communication, consensus, and application development. Aion’s primary goal is to create a network where independent blockchains can interact efficiently, making it a pioneer in the field of blockchain interoperability. The platform was initially funded through a $22 million token sale in 2017, and the AION token is used for network governance and staking.

Nervos Network is a hybrid layer 1/2 BTC related blockchain platform launched in 2019, designed to provide scalability and interoperability through its unique layered architecture. The base layer, known as the Common Knowledge Base (CKB), ensures security and decentralization, while Layer 2 handles high transaction volumes and application-specific tasks. This modular design allows for seamless cross-chain interactions via the Force Bridge, which facilitates asset and data transfers between different blockchains. The platform’s native token, CKB, is used for transaction fees, staking, and securing storage on the network.

Everscale is a Layer 1 blockchain launched in 2020, originally as Free TON. It features a unique sharded architecture with a Soft Majority Fault Tolerance (SMFT) consensus, enabling high scalability and security. The network supports millions of transactions per second with sub-second finality. EVER, its native token, is used for staking, governance, and transaction fees. Everscale aims to be a scalable, decentralized platform for diverse applications, including DeFi and cross-chain interoperability.

Arweave is a Layer 1 blockchain launched in 2018, focused on providing permanent, decentralized data storage. It uses a unique Proof of Access (PoA) consensus mechanism and a blockweave structure that links blocks to both the previous and a randomly chosen older block, ensuring long-term data permanence. Arweave’s native token, AR, is used to pay for storage on the network. The primary application of Arweave is the Permaweb, a collection of permanent websites and applications that are stored forever on the blockchain.

Radix is a Layer 1 blockchain launched in 2021, designed specifically for decentralized finance (DeFi). It utilizes a unique consensus mechanism called Cerberus, which allows for unlimited linear scalability while maintaining atomic composability across the network. Radix focuses on providing a highly scalable and developer-friendly environment, featuring its own programming language, Scrypto, tailored for secure DeFi application development. The platform aims to overcome the limitations of existing blockchains by enabling frictionless scaling and secure, efficient DeFi operations.

Sora is a Layer 1 blockchain that launched in 2020, focusing on decentralized finance (DeFi) and creating a decentralized central bank for the digital economy. It uses a unique consensus mechanism called Hyperledger Iroha, which is part of the Sora 2.0 upgrade, ensuring fast and secure transactions. The Sora network’s native token, XOR, is used for governance, transaction fees, and staking within its ecosystem. Sora aims to facilitate a new type of decentralized economic system through the Sora decentralized autonomous organization (DAO) and support for cross-chain liquidity through Polkaswap.

Nym is a privacy-focused Layer 1 blockchain launched in 2021. It uses a unique mixnet architecture to enhance user privacy by obscuring network traffic. The platform’s consensus mechanism involves the Nyx blockchain, which coordinates and incentivizes the privacy infrastructure. Nym’s native token, NYM, is used for rewarding node operators and governance participation. The network is designed to integrate with various internet services, providing broad privacy enhancements across different applications.

Fetch.ai is a Layer 1 blockchain launched in 2019, designed to enable autonomous “agents” to perform tasks across a decentralized network. It uses a unique combination of blockchain and artificial intelligence (AI) to create a decentralized digital economy where these agents can perform various tasks, such as data sharing, predictions, and decision-making without human intervention. Fetch.ai operates on a Proof of Stake (PoS) consensus mechanism, providing scalability and security. The network’s native token, FET, is used for staking, transaction fees, and powering the operations of these autonomous agents within the ecosystem.

Ergo is a Layer 1 blockchain launched in 2019, designed for efficient, secure, and decentralized financial contracts. It uses a Proof of Work (PoW) consensus mechanism with a focus on long-term sustainability and resilience to centralization. Ergo introduces unique features like Sigma protocols for enhanced privacy, and extended UTXO (eUTXO) model, which allows more complex smart contracts compared to Bitcoin’s UTXO model. The native token, ERG, is used for transaction fees and mining rewards within the network. Ergo aims to be a robust platform for developing decentralized applications, particularly in the areas of DeFi and financial services.

Horizen is a Layer 1 blockchain launched in 2017, known for its focus on privacy and scalability. It operates on a Proof of Work (PoW) consensus mechanism, similar to Bitcoin, but enhances privacy using zero-knowledge proofs (zk-SNARKs). Horizen features a sidechain architecture called Zendoo, which allows for the deployment of independent blockchains within its ecosystem. The native token, ZEN, is used for transactions, staking, and securing the network. Horizen aims to provide a decentralized and privacy-focused platform for applications ranging from private messaging to financial services.

Secret Network is a Layer 1 blockchain launched in 2020, designed to provide privacy-preserving smart contracts. It uses a Proof of Stake (PoS) consensus mechanism and incorporates trusted execution environments (TEEs) to ensure data privacy within its smart contracts. This allows developers to build decentralized applications (dApps) that can process sensitive information without exposing it to the public. The native token, SCRT, is used for staking, transaction fees, and governance within the network. Secret Network aims to enable privacy-first applications across various sectors, including finance, healthcare, and data sharing.

Oasis Network is a Layer 1 blockchain launched in 2020, focused on privacy and data sovereignty. It uses a Proof of Stake (PoS) consensus mechanism and a unique ParaTime architecture, which separates consensus and execution layers to enhance scalability and flexibility. Oasis Network allows confidential smart contracts, where data can be processed securely without exposing it to the public. Its native token, ROSE, is used for staking, transaction fees, and delegation within the network. The platform is designed to support privacy-preserving applications, particularly in the areas of decentralized finance (DeFi) and data tokenization.

DigitalBits is a Layer 1 blockchain launched in 2018, aimed at supporting the digital assets economy. It uses a delegated Proof of Stake (dPoS) consensus mechanism to achieve scalability and speed, making it suitable for microtransactions and consumer applications. DigitalBits focuses on tokenizing brands, loyalty points, and other digital assets, enabling businesses to integrate blockchain technology into their existing infrastructures seamlessly. The network’s native token, XDB, is used for transaction fees, staking, and governance. DigitalBits aims to bridge the gap between blockchain technology and mainstream consumer applications by providing fast and user-friendly solutions.

XinFin is a Layer 1 hybrid blockchain launched in 2019, designed to combine the best of both public and private blockchain technologies. It uses a unique consensus mechanism called XDPoS (Delegated Proof of Stake with added validators), which ensures fast transaction speeds, low fees, and scalability while maintaining security and decentralization. XinFin focuses on enterprise use cases, particularly in trade finance and global payments, providing a robust infrastructure for decentralized finance (DeFi) and other financial applications. The network’s native token, XDC, is used for transaction fees, staking, and governance. XinFin aims to facilitate efficient and secure cross-border transactions and smart contracts for businesses.

Energy Web Token (EWT) is the native utility token of the Energy Web Chain, a Layer 1 blockchain launched in 2019. The network is designed specifically for the energy sector, aiming to accelerate the transition to decentralized, decarbonized energy systems. EWT is used for staking, transaction fees, and to secure the network through its Proof of Authority (PoA) consensus mechanism, which is operated by a select group of trusted validators. The Energy Web Chain supports decentralized applications (dApps) and digital identities focused on energy sector use cases, including renewable energy certificate trading, grid management, and electric vehicle charging networks.

Syntropy is a Layer 1 blockchain that evolved from the NOIA project and launched in 2020. It focuses on improving the current internet infrastructure by creating a decentralized, secure, and optimized network overlay called the “Syntropy Stack.” This technology enhances the internet’s performance, security, and privacy by enabling seamless, encrypted communication across decentralized nodes. Syntropy uses the Proof of Stake (PoS) consensus mechanism, and its native token, NOIA, is used for staking, transaction fees, and bandwidth sharing within the network. The platform is designed to support a new, decentralized internet infrastructure that empowers users with better control over their data and network resources.

Syscoin is a Layer 1 blockchain launched in 2014, designed to combine the best aspects of Bitcoin and Ethereum. It operates on a dual-chain architecture: a Bitcoin-based Proof of Work (PoW) chain for security and decentralization, and an Ethereum Virtual Machine (EVM) chain called NEVM for smart contract functionality. Syscoin’s network also supports advanced scalability solutions through Layer 2 rollups like Rollux, which enable high transaction throughput while maintaining low fees. The platform uses merge mining with Bitcoin, allowing Bitcoin miners to simultaneously secure Syscoin. The native token, SYS, is used for transaction fees, staking, and network governance. Syscoin aims to provide a robust, scalable foundation for decentralized applications, with a strong focus on security and data availability.

Ultra is a Layer 1 blockchain launched in 2019, designed specifically for the gaming industry. It aims to provide a decentralized platform that offers a wide range of services, including game distribution, digital asset trading, and other entertainment services. Ultra utilizes a Delegated Proof of Stake (DPoS) consensus mechanism to achieve high transaction speeds and scalability, making it well-suited for gaming applications. The platform’s native token, UOS, is used for transactions, staking, and governance within its ecosystem. Ultra aims to empower developers and players by enabling more control over game assets, reducing fees, and fostering a more inclusive gaming economy.

Conflux is a Layer 1 blockchain launched in 2020, designed for high scalability and fast transactions using a unique Tree-Graph consensus mechanism, which combines Proof of Work (PoW) with a Directed Acyclic Graph (DAG) structure. This allows it to process multiple blocks simultaneously, increasing throughput. Conflux’s native token, CFX, is used for transactions, staking, and governance within the network. It has gained significant traction in Asia, particularly in China, where it complies with local regulations, making it a key player in cross-border commerce and decentralized finance.

COTI is a Layer 1 blockchain launched in 2017, specifically designed for decentralized payments and stablecoins. It uses a unique consensus algorithm called Trustchain, which operates on a Directed Acyclic Graph (DAG) structure to enable high scalability and low transaction costs. COTI’s native token, also called COTI, is used for transaction fees, staking, and governance within the network. The platform aims to provide a robust infrastructure for decentralized payment solutions, enabling businesses and consumers to create their own payment networks and digital currencies.

Chiliz is a Layer 1 blockchain launched in 2019, primarily designed for sports and entertainment. It powers Socios.com, a platform where fans can purchase tokenized voting rights in their favorite sports teams and organizations. Chiliz uses a Proof of Authority (PoA) consensus mechanism, which provides scalability and security for its specialized use case. The network’s native token, CHZ, is used for purchasing fan tokens, trading, and governance within the ecosystem. Chiliz aims to enhance fan engagement by allowing users to influence team decisions, access VIP experiences, and engage in a community-driven environment.

Velas is a Layer 1 blockchain launched in 2019 that focuses on high-speed transactions and scalability. It utilizes a unique hybrid consensus mechanism called AIDPoS (Artificial Intelligence Delegated Proof of Stake), which combines AI-enhanced consensus with traditional DPoS to optimize block production and network performance. The Velas network is designed to support decentralized applications (dApps) and is known for its fast transaction speeds and low fees. Its native token, VLX, is used for staking, transaction fees, and governance. Velas aims to create a scalable, user-friendly environment for developers and users in the blockchain space.

KardiaChain is a Layer 1 blockchain launched in 2020, designed to achieve interoperability between different blockchains while maintaining high performance and low costs. It uses a unique Dual Node technology that allows data to be transferred seamlessly between different blockchains without requiring protocol changes. KardiaChain operates on a hybrid consensus mechanism combining Delegated Proof of Stake (DPoS) and Byzantine Fault Tolerance (BFT), which enhances its scalability and security. The network’s native token, KAI, is used for transaction fees, staking, and governance. KardiaChain aims to facilitate the adoption of blockchain technology in various industries, particularly in Southeast Asia.

Ark is a Layer 1 blockchain launched in 2017, designed to facilitate the adoption and interoperability of blockchain technology. It uses a Delegated Proof of Stake (DPoS) consensus mechanism, which allows for fast transactions and a high degree of decentralization. Ark’s primary focus is on creating a modular platform that enables users to deploy custom blockchains, known as “bridgechains,” which can interoperate with the main Ark network. The native token, ARK, is used for staking, governance, and as a medium of exchange within the ecosystem. Ark aims to make blockchain technology more accessible by providing user-friendly tools and a flexible framework for developers and businesses.

Harmony is a Layer 1 blockchain launched in 2019, designed for scalability and decentralized applications. It uses a unique consensus mechanism called Effective Proof of Stake (EPoS), which enhances network security while maintaining decentralization and low transaction fees. Harmony is notable for its use of sharding technology, which allows it to process multiple transactions in parallel, achieving high throughput and fast finality. The native token, ONE, is used for staking, governance, and transaction fees within the network. Harmony aims to create an open and scalable blockchain ecosystem for decentralized applications (dApps) across various industries.

NULS is a modular Layer 1 blockchain launched in 2018, designed to provide a customizable and scalable infrastructure for decentralized applications (dApps). It uses a unique microservices architecture that allows developers to build and deploy modules tailored to specific business needs. NULS operates on a Proof of Credit (PoC) consensus mechanism, which is a variant of Proof of Stake (PoS) designed to be more efficient and flexible. The network’s native token, NULS, is used for staking, transaction fees, and governance. NULS aims to simplify blockchain adoption by offering a modular and interoperable platform that can easily integrate with various blockchains and traditional systems.

Wanchain is a Layer 1 blockchain launched in 2018, focused on enabling interoperability across different blockchain networks. It uses a unique consensus mechanism called Proof of Stake with Universal Cross-Chain Bridges, which facilitates secure and decentralized cross-chain transactions. Wanchain’s interoperability allows for the transfer of assets and data between public, private, and consortium blockchains. The native token, WAN, is used for staking, transaction fees, and governance within the network. Wanchain aims to create a decentralized financial infrastructure, connecting various blockchains to enable seamless asset transfers and decentralized finance (DeFi) applications.

Æternity is a Layer 1 blockchain launched in 2018, designed for high scalability and efficiency in smart contracts and decentralized applications (dApps). It uses a hybrid consensus mechanism that combines Proof of Work (PoW) and Byzantine Fault Tolerance (BFT) to ensure security and performance. Æternity is known for its unique features, such as state channels for off-chain transactions, which enhance scalability, and oracles for integrating real-world data into smart contracts. The native token, AE, is used for transaction fees, staking, and governance. Æternity aims to provide a robust platform for scalable, efficient, and decentralized applications.

Komodo is a Layer 1 blockchain launched in 2016, known for its focus on security, interoperability, and modularity. It uses a unique consensus mechanism called Delayed Proof of Work (dPoW), which enhances security by leveraging the Bitcoin blockchain to back up its own chain. Komodo is highly modular, allowing developers to create independent, customizable blockchains with interoperability through atomic swaps and cross-chain capabilities. The native token, KMD, is used for staking, transaction fees, and securing the network. Komodo aims to provide a secure, scalable, and versatile platform for developers and businesses to build decentralized applications and blockchain solutions.

Ubiq is a Layer 1 blockchain launched in 2017, designed as a stable and reliable platform for the creation and execution of decentralized applications (dApps) and smart contracts. It is a fork of Ethereum and uses a Proof of Work (PoW) consensus mechanism, with its own unique algorithm called “Ubqhash,” which is ASIC-resistant. Ubiq focuses on providing a stable environment with fewer updates and changes compared to Ethereum, making it an attractive choice for developers seeking consistency. The native token, UBQ, is used for transaction fees and powering smart contracts on the network. Ubiq aims to offer a secure and predictable blockchain platform tailored for long-term projects and enterprise use cases.

Fusion is a Layer 1 blockchain launched in 2018, designed to enable interoperability and the seamless exchange of digital assets across different blockchains. It uses a unique consensus mechanism called Hierarchical Hybrid Consensus (HHCM), which combines elements of Proof of Work (PoW) and Proof of Stake (PoS) to ensure security and scalability. Fusion’s standout feature is its Distributed Control Rights Management (DCRM) technology, which allows secure, cross-chain asset transfers and smart contract execution. The native token, FSN, is used for transaction fees, staking, and governance within the network. Fusion aims to create an inclusive financial ecosystem by connecting diverse blockchains and facilitating the integration of decentralized finance (DeFi) services.

Metadium is a Layer 1 blockchain launched in 2018, focused on digital identity and decentralized identity management. It uses a Proof of Stake (PoS) consensus mechanism to ensure scalability and security. Metadium’s core feature is its self-sovereign identity (SSI) system, which allows users to have full control over their personal data and digital identities. The native token, META, is used for transaction fees, staking, and participating in network governance. Metadium aims to provide a decentralized and secure platform for managing digital identities, empowering users with privacy and control over their personal information in various online interactions.

Lamden is a Layer 1 blockchain launched in 2018, designed to facilitate the rapid development and deployment of decentralized applications (dApps). It uses a unique Delegated Proof of Stake (DPoS) consensus mechanism to achieve high transaction speeds and scalability. Lamden is known for its developer-friendly tools, including a custom Python-based smart contract language called “Clove,” which simplifies the process of building and deploying dApps. The native token, TAU, is used for transaction fees, staking, and facilitating interactions within the network. Lamden aims to make blockchain technology more accessible and efficient for developers, enabling the creation of scalable dApps with ease.

Credits is a Layer 1 blockchain launched in 2018, focused on providing high-speed, low-cost decentralized applications (dApps) and smart contracts. It uses a unique Proof of Agreement (PoA) consensus mechanism, which allows it to achieve fast transaction speeds—up to millions of transactions per second—while maintaining low latency. The platform is designed to support a wide range of applications, from finance to gaming, with a strong emphasis on scalability and efficiency. The native token, CS, is used for transaction fees, staking, and other network operations. Credits aims to be a high-performance blockchain platform suitable for a variety of enterprise and consumer applications.

Pascal is a Layer 1 blockchain launched in 2017, designed to offer fast and efficient transactions with a unique architecture. It uses a Proof of Work (PoW) consensus mechanism but is distinguished by its innovative “SafeBox” technology, which reduces blockchain size by storing only current account balances and recent transactions. This makes Pascal highly scalable and efficient in terms of storage. The native token, PASC, is used for transaction fees and network operations. Pascal aims to provide a lightweight, scalable blockchain solution with a focus on simplicity and efficiency, making it suitable for a wide range of applications.

Phantasma is a Layer 1 blockchain launched in 2019, designed to support decentralized applications (dApps) with a focus on digital content, gaming, and non-fungible tokens (NFTs). It uses a unique dual-token system consisting of SOUL (the main governance token) and KCAL (used for transaction fees and smart contract operations). Phantasma operates on a Delegated Proof of Stake (DPoS) consensus mechanism, providing fast transactions and scalability. The platform is known for its energy efficiency and cross-chain interoperability, allowing assets to be transferred between different blockchains. Phantasma aims to empower developers and users by providing a versatile and sustainable environment for digital content creation and management.

Verge is a privacy-focused Layer 1 blockchain launched in 2014, originally as DogeCoinDark before rebranding to Verge in 2016. It uses a Proof of Work (PoW) consensus mechanism and supports multiple mining algorithms to enhance security and decentralization. Verge is known for its strong emphasis on privacy, utilizing technologies like the Tor network and I2P to anonymize users’ IP addresses during transactions. The native token, XVG, is used for transaction fees and payments within the network. Verge aims to provide a fast, secure, and privacy-focused cryptocurrency for everyday transactions.

TomoChain is a Layer 1 blockchain launched in 2018, designed to offer high scalability and fast transaction speeds with low fees. It uses a unique Proof of Stake Voting (PoSV) consensus mechanism, where masternodes are elected by token holders to validate transactions and secure the network. TomoChain supports smart contracts and is compatible with the Ethereum Virtual Machine (EVM), making it easy for developers to port Ethereum dApps. The native token, TOMO, is used for transaction fees, staking, and governance within the network. TomoChain aims to provide a scalable and efficient blockchain solution for decentralized applications and enterprise use cases.

Callisto Network is a Layer 1 blockchain launched in 2018, focused on security and smart contract auditing. It operates on a Proof of Work (PoW) consensus mechanism, similar to Ethereum, and is fully compatible with the Ethereum Virtual Machine (EVM). Callisto Network’s unique feature is its emphasis on blockchain security, offering a decentralized security audit platform for smart contracts. The native token, CLO, is used for transaction fees, staking, and rewarding security auditors. Callisto Network aims to improve the security of the blockchain ecosystem while providing a scalable and secure environment for decentralized applications (dApps).

LTO Network is a Layer 1 blockchain launched in 2019, designed for business process automation and data security. It uses a hybrid architecture that combines a public blockchain with private chains, enabling both public and private transactions. LTO Network operates on a Leased Proof of Stake (LPoS) consensus mechanism, which ensures scalability and energy efficiency. The native token, LTO, is used for transaction fees, staking, and securing the network. LTO Network focuses on providing solutions for decentralized workflows, digital identities, and GDPR-compliant data sharing, making it particularly suited for enterprise use cases.

Here is a list of more Layer 1 blockchain networks being added:

  1. Taraxa (TARA)
  2. IoTeX (IOTX)
  3. Peercoin (PPC)
  4. Obyte (GBYTE)
  5. Skycoin (SKY)
  6. Byteball (GBYTE)
  7. Phala Network (PHA)
  8. Moonriver (MOVR)
  9. Moonbeam (GLMR)
  10. Centrifuge (CFG)
  11. Clover Finance (CLV)
  12. Concordium (CCD)
  13. Cudos (CUDOS)
  14. Aleph Zero (AZERO)
  15. Hydra (HYDRA)
  16. Dusk Network (DUSK)
  17. Casper (CSPR)
  18. Flux (FLUX)
  19. Aleph.im (ALEPH)
  20. Karura (KAR)
  21. Edgeware (EDG)
Author: OXZO

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