Best Layer 1 Protocols for CoinTracking
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Compare the Top Layer 1 Protocols that integrate with CoinTracking as of October 2024
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This a list of Layer 1 Protocols that integrate with CoinTracking. Use the filters on the left to add additional filters for products that have integrations with CoinTracking. View the products that work with CoinTracking in the table below.
What are Layer 1 Protocols for CoinTracking?
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 CoinTracking currently available using the table below. This list is updated regularly.
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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.
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