What public chains are there in web3?
Web3, as a new stage of the Internet, is built on the decentralization of blockchain. As the underlying architecture of Web3, the public chain provides a secure and transparent data recording and management method. Among them, Ethereum has attracted much attention for its smart contract platform, while Binance Smart Chain is known for its high performance and low-cost transactions. Polkadot is a multi-chain network that facilitates connections and communications between blockchains. Solana is known for its fast scalable transactions, while Cardano is recognized for its academically-backed security and scalability.
Web3 Public Chain
Web3 is the next stage of the Internet, it is built on the blockchain On top of the decentralization and transparency of technology. The public chain is the foundation of Web3 and provides a secure and verifiable way to record and manage data.
What public chains are there?
There are many Web3 public chains currently available, each with its own unique advantages and disadvantages. Here are some of the most popular Web3 public chains:
- Ethereum (ETH) : Ethereum is the first popular Web3 public chain with its smart contract platform It is famous for allowing developers to build complex decentralized applications.
- Binance Smart Chain (BSC) : BSC is a high-performance public chain launched by Binance, designed for fast and low-cost transactions.
- Polkadot (DOT): Polkadot is a multi-chain network that allows different blockchains to connect and communicate with each other.
- Solana (SOL): Solana is a high-performance public chain known for its fast and scalable transactions.
- Cardano (ADA) : Cardano is an academic peer-reviewed public chain known for its security and scalability.
Other noteworthy Web3 public chains include:
- Cosmos
- Polygon
- Avalanche
- Fantom
- NEAR Protocol
Selecting the appropriate Web3 public chain depends on the specific requirements of the application. Factors developers should consider include performance, scalability, security, cost, and developer community.
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