Layer-one protocols chip away at Ethereum’s dominance. By Cointelegraph - Trending Cryptocurrency News | Crypto News Today
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Layer-one protocols chip away at Ethereum’s dominance. By Cointelegraph



Altcoin Roundup: Layer-one protocols chip away at Ethereum’s dominance.

The rise of decentralized finance and nonfungible tokens has transformed the blockchain ecosystem and generated near unimaginable riches for investors, but none of this would be possible without the strong foundation offered by layer-one blockchain networks like and .

Smart contracts and layer-two protocols promise to revolutionize the finance and logistics industry, but they require a robust, secure and distributed network to operate on and to ensure their immutability.

Terra ecosystem. Source: Terrians