A report of L1 Ecosystems
Since its launch in 2015, Ethereum has had tremendous growth due to its first-mover advantage. Ethereum mainly focuses on providing a way to enable smart contracts without the interference of a third party. This eliminates the need for centralization and provides a significant move towards decentralization.
Learned in-depth about the current L1 Ecosystems
- L1s provide great innovation to the web3 and internet space
- Every blockchain is innovating, it really matters where developers are going
- We are currently in an era of building infrastructure for web3 at the moment