Altcoin Roundup: Layer-one protocols chip away at Ethereum’s dominance.
Cointelegraph
Published Aug 27, 2021 06:30PM ET
Updated Aug 27, 2021 08:00PM ET
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 Bitcoin and Ethereum.
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.
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Written By: Cointelegraph
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