Layer 1 Blockchains are foundational blockchains, acting as the main network of the ecosystem and capable of processing and completing transactions on its own blockchain without the need for another network. Layer 1 Blockchain usually owns its own native token, which is used to pay transaction fees. Besides, Layer 1 Blockchain also acts as infrastructure for other applications, protocols and networks built on it such as Layer 2 or dApps.
Disadvantages of Initial Layer 1 Blockchain
To overcome these weaknesses, technology is becoming more and more advanced, many projects have been launched based on the early Blockchain platform to create many new layer1 Blockchains, overcome old weaknesses, and add many new features, Better app than the old one.
For example: A Bitcoin block contains about 1,700 transactions and takes 10 minutes or 600 seconds to mine. From there, get a tps of 1,700 / 600 = 2.83. However, some blocks reach 2,500 transactions, so the highest tps would be 2,500 / 600 = 4.17.
Ethereum generates a block every 13 seconds, but the gas limit is 30 million gas per block (target is 15 million). The minimum amount of gas per transaction is 21,000, so the maximum you can satisfy is 30,000,000 / 21,000 = 1428. In reality, this amount of gas is much less because smart contract interactions require requires more gas and the operating average is about 11.8 tps.
Solana = 110.000 tps
Aptos = 160.000 tps
Investing in Blockchain Layer 1 gives you safety, accompanied by outstanding profit growth.
And I am targeting layer 1 Blockchains of this cycle such as APT, SUI, SEI. There will be an in-depth analysis for everyone soon.
Hope you all hold a lot of coins and win big.
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