Hello everyone, as we can see now for DeFy and other sectors there is a problem of large commissions and low transaction speed in some Layer 1 (Etherium). And therefore, in recent times, we can observe the emergence of many promising Layer 2 blockchains such as Polygon on Etherium and Aurora on Near, which solve all these problems and also give the possibility of scalability ... All of them are actively developing, but it is interesting which one will make really a big leap in development and will be the leader?
Everyone can lead, the crypto space does not limit anyone in power, but to achieve that there must be a lot of things to be done, so that the blockchain is used by many people, if many people use it, then he will become the leader of the blockchain that is liked and used by people, On the other hand, each blockchain has its own advantages and disadvantages, this is what determines the choice and influences the decision for people to choose it. 
Topic: Most Promising Layer 2 Blockchains in Crypto (Read 102 times)
Polygon has been gaining momentum and some of the project I bought have migrated to polygon from ethereum and others are planning same thing, big monies are flowing to the polygon network. Near is another beast to watch it dubs itself as ethereum killer even though it may not really send it into oblivion but coming to share market with the quen of altcoins.
Maybe we can feel the L2 necessity if the L1 projects got consumed or oversaturated. I think L1s are pretty neat and goof as of now. But thumbs up to those projects utilizing L2 such as IMX and dydx. For nfts thats a good move on part of them sinfe many are in on some crazy nft hype. Knowing thete is a platform for no gas fee then what more you can ask right?
Both Polygon and Near can be a promising project but Polygon seems fair for me as the price is still not increasing too high than Near.
You can buy Polygon while the price is still at a low price but that is just speculation because every project using Layer 2 Blockchain in Crypto will have the same opportunity to grow.
That depends on how the project can develop and work hard and make sure the project can run for the long term.
Polygon and Near still develop their project to achieve every goal they have but they need time to see the result and how the crypto market moves.
So it is still not easy to know which project can be profitable in the future.
You can buy Polygon while the price is still at a low price but that is just speculation because every project using Layer 2 Blockchain in Crypto will have the same opportunity to grow.
That depends on how the project can develop and work hard and make sure the project can run for the long term.
Polygon and Near still develop their project to achieve every goal they have but they need time to see the result and how the crypto market moves.
So it is still not easy to know which project can be profitable in the future.
Hello everyone, as we can see now for DeFy and other sectors there is a problem of large commissions and low transaction speed in some Layer 1 (Etherium). And therefore, in recent times, we can observe the emergence of many promising Layer 2 blockchains such as Polygon on Etherium and Aurora on Near, which solve all these problems and also give the possibility of scalability ... All of them are actively developing, but it is interesting which one will make really a big leap in development and will be the leader?
Both of these coins are good, I have seen both of them have a good future because they can deal with the problems experienced by ethereum, HOO also provides an L-2 blockchain solution and currently the price is still low because it is not listed on major exchanges like Binance and Kucoin, there are many things which I can see on other Matic and Blockchain L2 coins, they have low fees and it's good for payouts
In my point of view the biggest popularity will have Polygon. It is already very popular and sometimes it overpasses other chains in daily volume, It has a developed NFT ecosystem, it is exactly what is very popular now. Because of its fast and cheap transactions, there are a lot users. Yesterday Matic reached a new ATH 2.709 after the news that Uniswap had launched on Polygon.
looks like the currently very promising LN2 is Nervos and their first swap platform is yokaiswap
I'm not so much of a fan of L2 yet because there are some platforms using L1 blockchains that are still quite good to use. I have nothing against Polygon or other L2s but I'm not yet sure how they will cope if Ethereum POS will be successful in improving scalability and lessening transaction fees. They are great solutions to the current problems though.
Hello everyone, as we can see now for DeFy and other sectors there is a problem of large commissions and low transaction speed in some Layer 1 (Etherium). And therefore, in recent times, we can observe the emergence of many promising Layer 2 blockchains such as Polygon on Etherium and Aurora on Near, which solve all these problems and also give the possibility of scalability ... All of them are actively developing, but it is interesting which one will make really a big leap in development and will be the leader?
If you asked me 1 year ago, i would have said xDai, but lately, i'm rooting for Polygon.
Xdai seemed more promising back then, but Polygon has overtaken it by a factor of 5 or 10 even
Hello everyone, as we can see now for DeFy and other sectors there is a problem of large commissions and low transaction speed in some Layer 1 (Etherium). And therefore, in recent times, we can observe the emergence of many promising Layer 2 blockchains such as Polygon on Etherium and Aurora on Near, which solve all these problems and also give the possibility of scalability ... All of them are actively developing, but it is interesting which one will make really a big leap in development and will be the leader?
it seems to me that the binance chain is the closest, it is the second network after Ethereum, where a lot of users are concentrated, and there is also good support from the top exchange, which has enough opportunities to bring all its perceptual developments into reality.So the BSC network is closer to me. we can observe the emergence of many promising Layer 2 blockchains such as Polygon on Etherium and Aurora on Near, which solve all these problems and also give the possibility of scalability ... All of them are actively developing, but it is interesting which one will make really a big leap in development and will be the leader?
Matic is already great enough for the solution it provides. The problem is not with matic, it is with ETH not being guaranteed to have a high gas fee for a long time. I am not saying that it will continue to be like this, all I am saying is that we are talking about something that is very cliche to be involved right now. Like for example if you are a startup that does something facebook doesn't do, then you could be big, or facebook just could buy you out and not even worry about you.Similar here, ETH could be doing badly in gas fee situation right now, but they could literally just use the same logic and change things and suddenly be cheap and that would make Matic useless. This is why I do not suggest investing too much into them, I am not saying zero but I am not saying put all of your money into them neither, just a small amount should be good enough.
Hello everyone, as we can see now for DeFy and other sectors there is a problem of large commissions and low transaction speed in some Layer 1 (Etherium). And therefore, in recent times, we can observe the emergence of many promising Layer 2 blockchains such as Polygon on Etherium and Aurora on Near, which solve all these problems and also give the possibility of scalability ... All of them are actively developing, but it is interesting which one will make really a big leap in development and will be the leader?
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