Best Layer 1 Protocols for CoinSpot
View:
Compare the Top Layer 1 Protocols that integrate with CoinSpot as of November 2024
Sort By:
This a list of Layer 1 Protocols that integrate with CoinSpot. Use the filters on the left to add additional filters for products that have integrations with CoinSpot. View the products that work with CoinSpot in the table below.
What are Layer 1 Protocols for CoinSpot?
Layer 1 protocols, also known as layer 1 blockchains, are blockchain protocols that are built as the base layer of a blockchain. A layer 1 protocol serves as the underlying base blockchain of a blockchain network, as opposed to a layer 2 protocol which is designed to improve the scaling problems and transaction speeds and fees that layer 1 blockchain networks and protocols face. Decentralized applications and cryptocurrencies can be built on Layer 1 protocols, and layer 1 protocols interact with layer 2 protocols in order to improve efficiency and overall user experience. Compare and read user reviews of the best Layer 1 Protocols for CoinSpot currently available using the table below. This list is updated regularly.
Need help deciding?
Talk to one of our software experts for free. They will help you select the best software for your business.
-
1
Bitcoin
Bitcoin
Bitcoin is an innovative payment network and a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. Bitcoin transactions are secured by mathematics and energy. Cryptographic signatures prevent other people from spending your money. Energy spent by proof of work (PoW) prevents other people from undoing, rearranging or losing your transactions. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud. -
2
Ethereum
Ethereum Foundation
Ethereum is the community-run technology powering the cryptocurrency, ether (ETH) and thousands of decentralized applications. Ethereum is a technology that's home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more. It's open to everyone, wherever you are in the world – all you need is the internet. Today, billions of people can’t open bank accounts, others have their payments blocked. Ethereum's decentralized finance (DeFi) system never sleeps or discriminates. With just an internet connection, you can send, receive, borrow, earn interest, and even stream funds anywhere in the world. Today, we gain access to 'free' internet services by giving up control of our personal data. Ethereum services are open by default – you just need a wallet. Stake your ETH to become an Ethereum validator. -
3
Flow
Flow Blockchain
Flow is a new blockchain built for the next generation of apps, games, and the digital assets that power them. Flow was designed from the ground up as a foundation for internet-scale protocols and applications that also require exceptional user experience. Conceived by the team behind CryptoKitties, Flow was developed and stress-tested with top global partners and is now open for anyone to contribute to and benefit from. Battle-tested in production and ready to help you build the kinds of applications that people want to use. A simple feature that will pay dividends in software quality and development speed. A new easy-to-learn programming language designed for dapps and digital assets. Securely and transparently patch bugs and upgrade pre-specified parts of a smart contract. Flow is built to be fast and responsive – achieving global finality within seconds. -
4
Ravencoin
Ravencoin
Ravencoin is a protocol based on a fork of the Bitcoin code which adds features specifically focused on allowing tokens to be issued on the Ravencoin blockchain. These tokens can have whatever properties the issue of the token decides - so they can be limited in quantity, named and be issued as securities or as collectibles. Ravencoin is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was launched January 3rd, 2018, and is a truly open source project (no ICO or masternodes). It focuses on building a useful technology, with a strong and growing community. -
5
Obyte
Obyte
Obyte is a distributed ledger based on the directed acyclic graph (DAG). Unlike centralized ledgers and blockchains, access to the Obyte ledger is decentralized, disintermediated, free (as in freedom), equal, and open. Use Bonded Stablecoins website to issue stablecoins pegged to USD or BTC, or create new stablecoins pegged to any other asset or index. Stable+ coins that programmatically appreciate in value, you can earn interest by holding them (e.g. 16% p.a. in USD). Governance tokens whose value grows as more stable+ coins are issued. Use ODEX decentralized exchange or Oswap automated market maker to trade tokens issued on Obyte against each other. ODEX uses off-chain order matching and is as fast as a centralized exchange. Oswap allows to provide liquidity and earn fees from every trade. Obyte allows you to do something that traditional currencies can't: conditional payments. You set a condition when the payee receives the money.
- Previous
- You're on page 1
- Next