A Layer 1 blockchain refers to the foundational blockchain infrastructure in a decentralized network. It is the base layer that directly handles all transactions, security, consensus, and the overall functionality of the blockchain
Data as of H1 2024
#stats #ethereum #bnb #layer1
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Ethereum tops blockchain earnings in 2024 with $2.48B collected in fees despite an upgrade in March that reduced costs on the network
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#blockchain #layer1 #layer2 #fees
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💧 Sui is a lightning-fast Layer 1 blockchain with low fees, built by ex-Meta engineers. It features a unique object-based model, the Move programming language, and cutting-edge consensus protocols for parallel transaction execution.
Learn how Sui aims to revolutionize DeFi, NFTs, and gaming by solving blockchain scalability and latency issues.
#sui #blockchain #crypto #layer1
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