What's the Layer-0 & it's Tokens?
Layer-0 "zero" blockchain is the initial stage of blockchain that allows various networks to function. such as #Bitcoin #Ethereum & many more.
Cosmos, Polkadot, & Avalanche are prominent best examples of Layer-0 networks that currently use the relay/sidechain structure, while newcomers like #LayerZero & #zkLink represent the next progression of multichain interoperability.
⏩ Layer-0 also provides blockchain with a facility of cross-chain interoperability communication from top to different layers.
⏩ Layer-0 protocols are essentially the infrastructure upon which Layer 1 blockchains can be built. As a foundational layer to blockchain networks and applications.
⏩ Layer 0 protocols are among many solutions aiming to fix the challenges the industry faces, such as scalability and interoperability.
In the blockchain, scalability is one of the biggest challenges. However, Layer-0 offers a solution covering digital currency wrapping, enabling individual reward set-up and data validation. It allows cross-chain interoperability with layer 1 networks such as ADA, BTC & others.
The Layer-0 protocol can easily deploy relay networks across several nodes, such as BTC and ETH. It also resolves the scalability issue without creating any hindrance. The protocol allows users to build decentralized applications (#dApps ), blockchain-centric businesses, mint crypto's & others.
Layers in Blockchain Technology...
Layer 0: The foundational technology that allows for the construction of multiple Layer 1 blockchains.
Layer 1: The fundamental blockchains that programmers use to create applications like decentralized applications (DApps).
Layer 2: Scaling solutions for Layer 1 blockchains that manage operations outside their transactional loads.
Layer 3: Applications built on the blockchain, such as wallets, games, and other DApps.
Being that, some blockchain ecosystems can operate without the layers mentioned above and still function properly.
Best Tokens for Layer-0
1- Polkadot $DOT
2- Cosmos $ATOM
3- Avalanche $AVAX
4- Venom