In today’s world, everyone is aware of what blockchain technology is. Blockchain has been picking up its speed in many sectors of the world and it has various applications in the supply chain, healthcare, logistics, legal, crypto blockchains and more.
Blockchain applications in cryptocurrency mean you can look out for high investment opportunities. This has changed the space of making payments online and profits too. This sector majorly uses blockchain. As the popularity of crypto blockchains has increased, we’ve compiled a list of some of the well-known names in this guide.
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List of Crypto Blockchains
Here we have Solana, a high-performance blockchain platform that makes it easy for anyone around the world to create crypto apps. Most people globally use the Solana blockchain. It is fast, censorship-resistant and secure. It is a fast-rising platform. The platform came out in 2017. Its transaction speed is fast. Solana is quickly growing in value and popularity among investors, being one of the biggest blockchain gainers in 2021 to this date. Take a look at our article on the best Solana DEXs if you’re interested in seeing more about their decentralized exchanges.
Binance Smart Chain
Binance was founded in 2017. Now, it is the largest cryptocurrency exchange in the world in terms of trading volume. Binance also has their own blockchain called the Binance Smart Chain (BSC). The usage includes trading various cryptocurrencies. Binance Smart Chain has a huge community in 2021, driven by the low-cost transaction fees and many apps being built on their chain. The chain use-cases include issuing, using and exchanging digital assets.
Hathor Network is a blockchain for digital assets. It is an easy-to-use, scalable blockchain and offers zero fees. The popular feature of the crypto blockchain platform is its built-in atomic swap. The network implements nano contracts. The unique thing about Hathor is how it combines Blockchain with DAG. Hathor emerged in 2020 and has very quickly proved it’s worth.
Any crypto investor or enthusiast will be familiar with Ethereum, as it’s the second most popular Crypto and has the second-largest market cap. It was released in 2015 and is an open-source, decentralized blockchain for building D-apps. Ethereum has the largest ecosystem of Crypto companies built on its blockchain, we’re talking thousands!
In 2017, TomoChain emerged in Singapore, founded by Long Vuong and his team. It’s powered by the Proof-of-Stake Voting Consensus. Tomo is a widely-used scalable crypto blockchain and has an innovative solution – supporting EVM-compatible smart contracts. Trust Wallet allows investors to send, receive and store cryptocurrencies. TomoChain has a high amount of transactions per second sitting at around 2000, and the transaction fees are on the cheaper side.
Carndano is Well-known among investors that want to get good returns, ADA is a public blockchain platform and was founded in 2015 by Charles Hoskinson. The consensus is achieved with proof of stake, the platform is open-source and decentralized. Cardano is the first platform to be founded on peer-reviewed research. This crypto blockchain has a decent amount of transactions per second siting at about 290 TPS.
Zilliqa blockchain platform was founded in 2017 and has quickly grown to become a leading name. Zilliqa is the first public blockchain to implement sharding on the mainnet. It offers high security and performance for crypto application enterprises. Zilliqa also known as ZIL, has a decentralized exchange is called ZilSwap.
The Lamden blockchain project calls itself a blockchain for humans. It’s based on python programming and makes it very easy to create the next generation of D-apps. Lamden is a favourite by many devs in the Crypto world, for its easy-to-develop-on blockchain. It was founded in 2017 by Stuart Farmer. The platform is open-source and features a huge global community. It has a pretty quick transaction speed up to 10k TPS.
Created by Gavin Wood, one of the co-founders of Ethereum, Polkadot emerged. Polkadot is one of the favourites of this recent bull run because of its super fast transactions (less than 10 seconds), big ecosystem of applications and Gavins experience with building Ethereum. Investors looking for economic stability usually go for Polkadot, otherwise known as DOT. The crypto blockchain ecosystem offers high scalability for individual blockchains and offers interoperability. The platform combines a network of heterogeneous blockchains, called parachains. It has a very high transaction speed reaching as high as 1 million TPS.
The Avalanche blockchain mainnet emerged in 2020. It offers a lot of flexibility and versatility in building decentralized enterprise and applications. It’s known for having quick transaction times and low fees. Avalanche also known as AVAX, is gained some traction recently with its popularity in the Crypto space.
With it’s mainnet 1.0 launched in 2020, KardiaChain has made a name for itself among other blockchains as the first non-invasive cross-chain solution. Founded by Huy Nguyen, with experience working as senior technical manager at Google in Silicon Valley. Because of this, the blockchain is accessible by millions around the world, especially across Asia. It allows for cross-chain communications between public or private blockchain, regardless of their protocols. Anyone can use KardiaChain, even non-crypto people.
Table Comparison of the Blockchains
|Transaction Speed||Fees||Decentralized exchange||What Coins are Built on It||Founded in|
|Solana||1,000 TPS||Up to $10||LunaDEX||Click here||2017|
|Binance||17.3 TPS||0.1% of your amount||Pancake Swap||Click here||2017|
|Ethereum||10-15 TPS||$5.70+||Uniswap||Click here||2013|
|Cardano||290 TPS||0.155381 ADA||–||–||2017|
|Lamden||10k TPS||Up to $15||RocketSwap||–||2017|
|Polkadot||1 Million TPS||$1.00 – $6/70||ZeroDEX||Click here||2016|
|KardiaChain||3,016 TPS||–||KaiDEX||Click here||2018|
Crypto Blockchains in our Modern World
In the world of crypto blockchains, there’s a lot you can see and no limits on their potential. From different ranges in speed, to low or even nonexistent fees, they’re usually well-known among investors and anyone interested in Crypto. If you’re interested in what the world of blockchain has to offer, you can keep your eyes out for news on these top platforms.