🔥 Blockchain industry insights: Public chains and the blockchain trilemma
When comparing public chains, don't just look at their advertised transactions per second. Also consider how distributed their validators are, how many outages they've had, and whether their applications are seeing real-world use.
When depositing to or withdrawing from different public chains, check that the networks match. The same token usually has a separate contract on each chain.
$ETH is the native coin of Ethereum, a layer-1 public chain, and is used to pay gas fees and for staking.
If anything is unclear, leave me a comment.
#ETH
When comparing public chains, don't just look at their advertised transactions per second. Also consider how distributed their validators are, how many outages they've had, and whether their applications are seeing real-world use.
When depositing to or withdrawing from different public chains, check that the networks match. The same token usually has a separate contract on each chain.
$ETH is the native coin of Ethereum, a layer-1 public chain, and is used to pay gas fees and for staking.
If anything is unclear, leave me a comment.
#ETH