Best Layer 1 Protocols for Vaultody
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Compare the Top Layer 1 Protocols that integrate with Vaultody as of November 2024
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This a list of Layer 1 Protocols that integrate with Vaultody. Use the filters on the left to add additional filters for products that have integrations with Vaultody. View the products that work with Vaultody in the table below.
What are Layer 1 Protocols for Vaultody?
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 Vaultody currently available using the table below. This list is updated regularly.
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1
TRON
TRON Foundation
DAppChain is TRON's sidechain project. The goal is to help DApps to operate on TRON with lower energy consumption, faster speed and enhanced safety, providing unlimited capacity for TRON's main network. High throughput is achieved by improving the TPS in TRON, which has surpassed Bitcoin and Ethereum, to a daily-use practical degree. Applications are given a wider variety of ways to be deployed in TRON because of its scalability and highly effective smart contract. It can support enormous numbers of users. More reliable network structure, user asset, intrinsic value and a higher degree of decentralization consensus come with an improved rewards distribution mechanism. A decentralized trading platform under Poloniex, formerly known as TRON's largest decentralized trading platform TRXMarket, and for long ranked among Top 5 in TRON's DApp ecosystem in terms of trading volume. -
2
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. -
3
Ripple
Ripple Labs
Discover why 200+ financial institutions choose RippleNet to find new customers in new markets, expand services and deliver the best experience in global payments today. Too often, global payments are costly, unreliable and slow. The underlying systems are fragmented and complex. RippleNet offers the most advanced blockchain technology for global payments—making it easy for financial institutions to reach a trusted, growing network of 200+ providers across 40+ countries and six continents. Using proven crypto and blockchain technology honed over a decade, Ripple’s enterprise-grade solutions are faster, more transparent, and more cost-effective than traditional financial services. Our customers use these solutions to source crypto, facilitate instant payments, empower their treasury, engage new audiences, lower capital requirements, and drive new revenue. -
4
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. -
5
BNB Chain
Build N Build (Binance)
BNB Chain, one of the most popular blockchains in the world, dedicates to delivering its core infrastructure necessary for future public adoption, and always remains as a community-first and open-source ecosystem built on a permissionless and decentralized environment. Binance Chain and Binance Smart Chain have formed together as BNB Chain. BNB Chain comprises BNB Beacon Chain (previously Binance Chain) and BNB Smart Chain (previously Binance Smart Chain). While BNB (formerly called “Binance Coin”) has also been renamed as “Build and Build.” The name change is not merely for welcoming the crypto world with more than 1 billion users but also to strengthen the delivery of the core infrastructure necessary for future public adoption and, most importantly, to build a better ecosystem for embracing the MetaFi. MetaFi is a concept that provides advanced and sophisticated DeFi Infra to all the different types of projects such as metaverse, GameFi, SocialFi, Web3, etc. -
6
Dogecoin
Dogecoin
Dogecoin is an open-source peer-to-peer digital currency, favored by Shiba Inus worldwide. You have to sync with the blockchain to use Dogecoin. MultiDoge is a "light" wallet. It syncs with the blockchain by "skimming" through the blockchain, providing fast sync times. Dogecoin Core, on the other hand, is a "full" wallet. It syncs by downloading it, providing a solid-working Dogecoin wallet. Dogecoin sets itself apart from other digital currencies with an amazing, vibrant community made up of friendly folks just like you. "Doge" is our fun, friendly mascot! The Shiba Inu is a Japanese breed of dog that was popularized as an online meme and represents Dogecoin. A Wallet is used for holding your Dogecoins directly on your computer/smartphone. There are numerous amounts of ways to get Dogecoin. You can buy them, trade for them, get tipped, "mine" them, and more. They are surprisingly endless! -
7
Zcash
Zcash
Spend it, save it or send it to a friend. Unlike many other forms of payment, Zcash shielded transactions keep all your financial information private and in your control. In addition to using Zcash to pay friends, family and service providers, you can use Zcash at your favorite stores or online merchants. Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency. Zcash can be purchased on any number of exchanges. Gemini is easy to use and it offers privacy options that others don't. But if Gemini isn't available in your country, there are many other reputable exchanges. -
8
Ethereum Classic
Ethereum Classic
As incumbent institutions are increasingly threatened by the wild potential of blockchain tech, only truly decentralized cryptocurrencies will survive. Existing in response to contract censorship on sister chain Ethereum, Classic has proven its ability to resist censorship against all the odds, and to deliver the original Ethereum vision of unstoppable applications. By combining the technology of ETH with the philosophy of BTC, ETC is uniquely positioned to be the Smart Contract Platform of the future, as other chains become compromised or captured by special interests. Welcome, and please be invited to discover the past, present and future of Ethereum Classic; it's principles, value proposition, community, and more - to understand why Classic. -
9
Dash
Dash
Dash is easy to buy or receive online, from friends, or at an ATM near you. Grab a coffee, buy a plane ticket, or pay your phone bill. Dash is growing and is accepted by new businesses every day. Experience cryptocurrency payments in an enhanced easy-to-use user experience and with social factors like username, contacts and personalization. Dash’s transaction rules are identical to Bitcoin, and therefore for regulatory and compliance purposes Dash can and should be treated identically to Bitcoin. BlockchainIntel and Coinfirm are KYC/AML service providers that offer services covering the Dash blockchain. Integrating Dash is easy and you have full control over how your funds are handled. Convert Dash to your local currency instantly, hold it all, or something in between. -
10
Litecoin
Litecoin
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin. Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending litecoins. This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments. -
11
Bitcoin Cash
Bitcoin Cash
Bitcoin Cash is the strongest money ever, delivering on Bitcoin's original promise as "User-to-User Electronic Money." Low commissions and reliable and irreversible transactions empower merchants and users. With unfettered growth, decentralized development, global adoption, and free innovation, the future is bright. All people are welcome to join the Bitcoin Cash community and contribute to advancing the development of sound money for all mankind. With Bitcoin Cash, you can send money to anyone, wherever they are, 24 hours a day, 365 days a year. Like the Internet, the network is always operational. No transaction is too big or too small and you never need anyone's permission or approval. Banks can also decide to block your transactions, charge you fees, or close your account without warning.
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