Comparing L1 platforms
The general public has become familiar with the terms blockchain
and Bitcoin. However, understanding what they do and how they do it,remains daunting for most. At the highest level, a public blockchain network is made of computers connected by the internet running the same set of instructions to continuously add new data (blocks) to an open, permanent, and distributed database (blockchain).
After that, many other questions remain that inevitably include, “so what?” This comprehensive 117 pages review reviews dozens of new smart contract blockchains which have been deployed in the past years. Objective side-by-side comparisons between these ecosystems are few and far between. This report is an update on The Block’s 2021 report on the same subject, and aims to chronicle the rapidly evolving landscape of smart contract blockchains.
This report will start off with
an overview of smart contract platforms,
the applications they enable a
introduce the ten blockchain ecosystems that will be the focal point of this report.
As the most dominant smart contract platform with the longest history in the industry, we will first dive into the current state of Ethereum and its planned roadmap over the coming years. We will then segway into comparing the network architectures, on-chain and ecosystem data for the selected blockchain ecosystems. Finally, we will end with our conclusions and outlook over the coming months and years.
Part 1: The Layer-1 Landscape
- What are Smart Contract-Enabled Blockchains?
- Criterion for Including L1 Chains in this Report
Part 2: The State of Ethereum
- The Merge
- Beyond The Merge: Ethereum’s Technical Roadmap
Part 3: Comparison of Selected Layer-1 Platforms
- Technical Overview
- Blockchain Network Architecture
- On Chain Data
- Ecosystem Data
- Native Token Overview
- Company and Foundation Fundraising
- Major Technical & Ecosystem Updates
Part 4: Conclusions
- Outlook & Closing Thoughts
- Price Performance of L1 Native Tokens - - Overview of Each Focal L1s