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Binance Web3 Wallet

Trust Wallet

Safe is the ownership layer of web3 securing >$100B+. It includes Safe{Core} a full stack of account abstraction infrastructure and the industry-standard multi-sig, Safe{Wallet}. The project is focused on making every Ethereum account, a smart account and enabling new use cases like AI, Staking, Gaming, SocialFi, DeFi, and Payments to flourish with  gasless transaction, easy face-ID like logins, onramps, recovery and more. Safe currently has a large ecosystem of 200+ projects including Gnosis Pay and Worldcoin, deployed in over 15 networks, building on the Safe smart account standard. Safe{Wallet} is also used widely by individuals like Vitalik Buterin, Punk6529 as well as web2 giants like Shopify and Reddit for self-custody of assets and high value NFTs.

As of April 2023, over 8M Safe accounts have been created, making >40 million transactions. The open-source contracts are battle-tested and have been formally verified and audited multiple times. There have been no critical security incidents since Safe was deployed in 2018 and Safe remains the benchmark of security in the industry.

Safe

The EIGEN token is a universal intersubjective work token designed for EigenLayer, enabling security for various digital tasks that are not just objectively verifiable but also intersubjectively attributable. Unlike traditional work tokens that are tied to one specific digital task or objective faults (verifiable on-chain), EIGEN addresses a broader category of faults where multiple external observers agree on whether the task was performed correctly. This expands the range of tasks that can be securely managed on a blockchain.
EIGEN tokens are used for:

Staking for intersubjective faults on the EigenLayer platform.

Performing validation tasks across various Actively Validated Services (AVS).

Incentivizing and penalizing operators based on their performance.

EigenLayer

LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness. It is a “blockchain of blockchains” that allows other blockchain networks to communicate directly and in a trustless manner.

LayerZero’s key feature is Ultra Light Nodes (ULNs). These smart contracts run on each blockchain and act as endpoints for cross-chain communication. ULNs verify the validity of transactions and messages from other chains using block headers and transaction proofs, ensuring security and efficiency.

LayerZero supports any blockchain that can run smart contracts, such as Ethereum, BNB Chain, Avalanche, Polygon, Arbitrum, Optimism, Fantom and other chains. LayerZero also supports non-EVM chains like Aptos. These so-called omnichain applications should become a key layer of a multi-chain future, where different blockchains interact simultaneously.

LayerZero aims to create the optimal interoperability solution for blockchains with seamless and trustless cross-chain transactions.

LayerZero

ZKsync

Blast

ZetaChain is a novel L1 that has chain-agnostic interoperability built-in (EVM-compatible, Cosmos/IBC, Bitcoin, Dogecoin, Tron, etc.). Developers currently use ZetaChain’s messaging capabilities to send data and native value (without wrapping assets) between any chains.

ZetaChain will also support native smart contracts, which let developers build omnichain dApps that orchestrate funds across chains from a single contract.

ZetaChain

Gravity

Kaspa is a proof-of-work (PoW) cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. The Kaspa blockchain is actually a blockDAG. This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency.

The Kaspa implementation includes a lot of cool features such as Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.

Kaspa

io.net

Scroll

Conflux (CFX) is a public layer-1 blockchain that was made to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure by being more scalable, decentralized, and secure than existing protocols.

Conflux makes it easier to transfer valuable assets by making the process quick, effective, free of network congestion, and with low transaction costs. The platform is based on the Tree-Graph consensus mechanism, and it combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms to achieve consensus. The protocol uses Turing-complete smart contracts written in Solidity, just like those on  Ethereum, and is compatible with the EVM (Ethereum Virtual Machine).

Conflux's growth is fueled by CFX, the platform's native token, which gives users financial incentives to participate and engage more. The token is used to pay transaction fees, govern the network, and is given as compensation to miners who help secure the network via staking.

Conflux

EthereumPoW (ETHW) is a hard fork of Ethereum blockchain with the Ethereum Merge. The Merge saw Ethereum transition to proof-of-stake, while the forked version remains on proof-of-work.

Read: All You Ever Wanted to Learn About the Ethereum Merge

EthereumPoW

Chia Network (XCH) is a layer 1 blockchain that uses its own custom-designed programming language called Chialisp and a novel consensus mechanism called proof-of-space-and-time (PoST). The combination of these two allows the blockchain to use less energy without compromising network security. In contrast to most other blockchains, Chia Network is a public, for-profit, open source company that aspires to become listed on NYSE or NASDAQ. Its blockchain is aimed at enterprise use, which is why Chia Network plans to have XCH on its balance sheet in case of a listing.

Chia Network’s first proof-of-time function was released in 2019, with the first beta version of its blockchain launching in 2020. Chia Network achieved full functionality, including wallet functionality, transactions and smart contracts, with its mainnet launch in 2021.

Chia

Starknet

Saga is a Layer 1 protocol that allows developers to automatically spin up VM-agnostic, parallelized and interoperable dedicated chains, or “Chainlets,” that provide applications with infinite horizontal scalability. Each Chainlet is a replica of the Saga Mainnet, with the same validator set and security model.

Saga’s mission is to enable the next 1000 chains in gaming and entertainment as part of the growing Saga Multiverse.

For a deep dive into Saga, visit their website.

Mass adoption of blockchain is imminent, and developers need base infrastructure that is infinitely scalable, interoperable and cost-effective to support consumer applications. By allowing developers to spin up dedicated blockspace on demand that elastically scales with performance needs, opens fast bridging to other ecosystems and is priced at commodity levels, Saga provides the E2E infrastructure that developers need to build the next generation of applications on blockchain.

Saga

Flux is the cryptocurrency that powers the Flux ecosystem. It has a number of uses including purchasing resources, collateralizing nodes and fuelling transactions on FluxOS, as well as rewarding both miners and FluxNode operators for providing computational resources.

The Flux ecosystem is devoted to empowering everyone to develop, deploy and use the decentralized Internet of the future: Web3.

At this moment the Flux ecosystem consists of: a native, minable POW cryptocurrency ($FLUX), a powerful decentralized computational Flux Network (FluxNodes), a Linux based operating system (FluxOS), the premier digital asset platform (Zelcore), FluxEdge (decentralized GPU renting platform) and, finally, the Flux blockchain for on-chain governance, economics and parallel assets to provide interoperability with other blockchains and DeFi access.

Currently (2024/9) Flux has a computational network consisting of around 13,500 decentralized nodes, distributed globally with more than 107,000 CPU cores, 270 terabytes of RAM and over 7 petabytes of storage. That makes FluxCloud the largest decentralized network in the world!

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