Top 3 Layer-1 Blockchains Ready to Beat Ethereum in 2021
Ethereum has long been a dominant player in the world of blockchain technology. However, this year, there are three up-and-coming layer-1 blockchains that are poised to outperform Ethereum.
1. Solana: Solana is known for its high-speed transactions and low fees. Its unique proof-of-history consensus mechanism allows for faster processing times, making it a top contender to surpass Ethereum in terms of scalability and efficiency.
2. Polkadot: Polkadot is a versatile blockchain platform that allows different blockchains to interoperate with each other. Its innovative technology and strong team make it a promising competitor to Ethereum in the race for dominance in the blockchain space.
3. Cardano: Cardano is a blockchain platform known for its focus on sustainability and scalability. Its scientific approach to development and commitment to peer-reviewed research set it apart from other blockchains. With its upcoming Alonzo upgrade, Cardano is positioned to challenge Ethereum’s market share.
As these layer-1 blockchains continue to evolve and improve, they have the potential to outperform Ethereum and become the new leaders in the blockchain industry in 2021. Keep an eye on Solana, Polkadot, and Cardano as they strive to make their mark in the world of decentralized finance.