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The top ten public chains recognized globally

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2024-07-22 15:27:02780browse

The top ten recognized public chains in the world are: Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain (BSC), Solana (SOL), Cardano (ADA), Avalanche (AVAX), Polkadot (DOT), NEAR Protocol (NEAR), Cosmos (ATOM), Tezos (XTZ), they are known for different features such as security, smart contract functionality, transaction speed, scalability, interoperability, and governance mechanisms.

The top ten public chains recognized globally

The top ten public chains recognized globally

1. Bitcoin (BTC)
Bitcoin is the first decentralized cryptocurrency and the public chain with the largest market capitalization. It is known for its security, transparency, and decentralized features.

2. Ethereum (ETH)
Ethereum is an open source decentralized blockchain platform known for its smart contract capabilities. Smart contracts allow developers to build and deploy applications on the blockchain, making it an ideal platform for a variety of applications.

3. Binance Smart Chain (BSC)
Binance Smart Chain is part of the Binance blockchain network and provides fast, low-cost transactions. It is compatible with the Ethereum Virtual Machine, allowing developers to easily port their Ethereum dApps to BSC.

5. Solana (SOL)
Solana is a high-performance blockchain platform known for its speed of up to 65,000 transactions per second. It offers low transaction costs and fast confirmation times, making it suitable for applications such as gaming, DeFi, and NFTs.

5. Cardano (ADA)
Cardano is a research-driven blockchain platform that uses scientific methods to develop its technology. It focuses on scalability, security, interoperability and sustainability.

6. Avalanche (AVAX)
Avalanche is a high-performance sharded blockchain platform that provides low latency and throughput. It uses a unique combination of consensus algorithms to achieve fast confirmation times.

7. Polkadot (DOT)
Polkadot is a heterogeneous multi-chain network that allows interoperability between different blockchains. It provides shared security and governance, enabling developers to create custom chains and connect to other chains.

8. NEAR Protocol (NEAR)
NEAR Protocol is a user-friendly blockchain platform designed to provide developers with a low-cost and easy-to-use environment. It focuses on scalability, security and speed.

9. Cosmos (ATOM)
Cosmos is a blockchain application framework that provides modularity and scalability. It allows developers to create and connect different blockchains to form an interconnected ecosystem.

10. Tezos (XTZ)
Tezos is a self-amending blockchain platform that allows the community to vote and upgrade the network through a governance mechanism. It is known for its formal verification and security measures.

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