What public chains are there in web3?
Oct 08, 2024 pm 08:45 PMWeb3, as a new stage of the Internet, is built on the decentralization of blockchain. As the underlying architecture of Web3, the public chain provides a secure and transparent data recording and management method. Among them, Ethereum has attracted much attention for its smart contract platform, while Binance Smart Chain is known for its high performance and low-cost transactions. Polkadot is a multi-chain network that facilitates connections and communications between blockchains. Solana is known for its fast scalable transactions, while Cardano is recognized for its academically-backed security and scalability.
Web3 Public Chain
Web3 is the next stage of the Internet, it is built on the blockchain On top of the decentralization and transparency of technology. The public chain is the foundation of Web3 and provides a secure and verifiable way to record and manage data.
What public chains are there?
There are many Web3 public chains currently available, each with its own unique advantages and disadvantages. Here are some of the most popular Web3 public chains:
- Ethereum (ETH) : Ethereum is the first popular Web3 public chain with its smart contract platform It is famous for allowing developers to build complex decentralized applications.
- Binance Smart Chain (BSC) : BSC is a high-performance public chain launched by Binance, designed for fast and low-cost transactions.
- Polkadot (DOT): Polkadot is a multi-chain network that allows different blockchains to connect and communicate with each other.
- Solana (SOL): Solana is a high-performance public chain known for its fast and scalable transactions.
- Cardano (ADA) : Cardano is an academic peer-reviewed public chain known for its security and scalability.
Other noteworthy Web3 public chains include:
- Cosmos
- Polygon
- Avalanche
- Fantom
- NEAR Protocol
Selecting the appropriate Web3 public chain depends on the specific requirements of the application. Factors developers should consider include performance, scalability, security, cost, and developer community.
The above is the detailed content of What public chains are there in web3?. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

Against the backdrop of violent fluctuations in the cryptocurrency market, investors' demand for asset preservation is becoming increasingly prominent. This article aims to answer how to effectively hedge risks in the turbulent currency circle. It will introduce in detail the concept of stablecoin, a core hedge tool, and provide a list of TOP3 stablecoins by analyzing the current highly recognized options in the market. The article will explain how to select and use these stablecoins according to their own needs, so as to better manage risks in an uncertain market environment.

This article will introduce several mainstream stablecoins and explain in depth how to evaluate the security of a stablecoin from multiple dimensions such as transparency and compliance, so as to help you understand which stablecoins are generally considered relatively reliable choices in the market, and learn how to judge their "hazard-haven" attributes on your own.

Stable coins maintain price stability by anchoring fiat currencies such as the US dollar, which are mainly divided into three categories: 1. Fiat currency collateralization types such as USDT and USDC; 2. Cryptocurrency collateralization types such as DAI; 3. Algorithm types have higher risks. Mainstream stablecoins include USDT with the highest market value and the best liquidity. USDC is known for its compliance and transparency. DAI relies on the decentralized mechanism. TUSD adopts on-chain real-time audit. BUSD is gradually withdrawing from the market due to supervision. USDP is known for its high compliance and security. Both are widely circulated on mainstream exchanges.

In the cryptocurrency market, stablecoins are an important bridge connecting fiat currencies with digital assets. Although USDT (Tether) accounts for the largest market share, the transparency of its reserves has always attracted much attention. Therefore, it is particularly important for users seeking asset preservation and long-term holdings to understand and configure other more transparent and compliant stablecoins. This article will introduce you in detail three mainstream stablecoins besides USDT: USDC, BUSD and DAI, and analyze their respective characteristics and advantages to help you understand which one is more suitable for your long-term commitment.

The core driving forces of crypto asset price fluctuations include seven aspects: 1. The supply and demand relationship determines the basic price, and the fixed total volume and the change in circulation directly affect the market balance; 2. The market sentiment and media effects are significant, and social media and KOL speech can quickly change the psychology of investors; 3. The macroeconomic environment such as inflation and interest rate policies affect the flow of funds; 4. Changes in regulatory policies and regulations may boost confidence or cause panic; 5. Technology development and project innovation enhance the long-term value of assets; 6. The expansion of scale and application scenarios brings real demand support; 7. Market competition and correlation effects link the prices of leading assets and emerging projects.

Stablecoins are cryptocurrencies with value linked to stable assets. The main types include fiat currency collateral, cryptocurrency collateral and algorithmic. The three mainstream stablecoins are Tether (USDT), USD Coin (USDC) and Dai (DAI). 1. USDT is issued by Tether, with the largest market value and the strongest liquidity, and is widely used in major exchanges; 2. USDC is issued by the Centre Alliance, known for its transparency and compliance, and has gained high trust from institutions; 3. DAI is managed by MakerDAO and is a representative of decentralized stablecoins. It maintains price stability through excessive collateral crypto assets, and is highly favored by DeFi users.

?This article aims to provide a basic operating guide for novice users interested in virtual currency trading. We will systematically explain the entire process from introductory preparation to core operational skills, helping you understand the basic framework and risk points of virtual currency trading. Through step-by-step analysis, this article will uncover the rational operation logic behind the so-called "break-up password", emphasizing the importance of knowledge reserves and risk management, rather than encouraging blind speculation.

As one of the mainstream digital assets, Ethereum (ETH) has attracted a lot of investors' attention. For beginners, how to buy Ethereum safely and quickly is the key to taking the first step in investment. This article will explain step by step the entire process from registering an account to successfully purchasing ETH, helping readers easily get started with digital asset investment.