What Are Altchains? Layer 0, Layer 1, And Layer 2 Explained

2024 ж. 22 Мам.

43 062 Рет қаралды

Altchains is an abbreviation for “alternative blockchains,” which refers to any blockchain other than Bitcoin or Ethereum. Altchains emerged in 2021 due to the scaling and transaction fee challenges facing Ethereum, and altchain dev teams have grasped this opportunity to build out more scalable and cheap blockchains to compete with Ethereum. In this video, we'll share some key insights on what these altchains are, what they do, how to use them, and more!
Links Mentioned:
Written article on altchains - www.coingecko.com/learn/ultim...
Search for altcoins here - www.coingecko.com/
Solana - www.coingecko.com/en/coins/so...
Polkadot - www.coingecko.com/en/coins/po...
Avalanche - www.coingecko.com/en/coins/av...
Phantom Wallet - phantom.app/
Solend - solend.fi/
Solscan - solscan.io/
Timestamps:
00:00 Intro
00:20 What are altchains?
00:52 Layer 0,1, and 2 explained
01:41 Sidechains exaplined
02:07 Altcoins explained
02:27 EVMs explained
02:43 How to use Altchains?
08:05 Closing thoughts
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#Altcoin #Altchains #blockchain #Layer0 #Layer1 #Layer2 #sidechain #ETH #BNB #SOL #DOT #AVAX #ADA

Пікірлер

I realised how little I still know after watching this :D
@konradkarpienia5642 Жыл бұрын
- Every1 feels the same😂😂
  @askanddevanand46518 ай бұрын
- Oh no.... thank you for your comment. That prepares me for what to expect.
  @TheSevisgreen4 ай бұрын
- just had the same thought
  @joshlul64792 ай бұрын
- lol 6 year in the market here, yet I’m in the same boat as you :(
  @Davidchendavid2 ай бұрын
- That comment captures my feelings perfectly
  @ItsRonJohn2 ай бұрын
This video is more focused on funding than explaining the difference between blockchain layers...
@umershaikh9442 ай бұрын
Great video, thanks!
@theShneeg2 жыл бұрын
Thanks Coin Gecko team
@nathantice-officialchannel7358 Жыл бұрын
Thanks for sharing
@desireappoh-ci4si19 күн бұрын
FTX was ranked 2 in the CEX list IoI
@necroCODE10 ай бұрын
love it
@kryptodegen79852 жыл бұрын
very good
@joha7372 жыл бұрын
- Thank you! Cheers!
  @CoinGecko2 жыл бұрын
0:41 I like how Terra was edited out of the voice narration 😂
@col_invests2 жыл бұрын
- Huh 😂😂😂
  @CoinGecko2 жыл бұрын
Great video. Horrible distracting music.
@HowToDrawwithMrGray9 ай бұрын
How is Polkadot a layer 0 and Bitcoin, Ethereum and Solana Layer 1.
@GunterSchobel8 ай бұрын
- Dont u hate it when you have a great question
  @TheSevisgreen4 ай бұрын
Polkodot is layer 0..how
@juny9445 Жыл бұрын
Vulcan block chain !
@VITRUVEO4life Жыл бұрын
Cyba 🚀🚀🚀
@TutiDudu4 ай бұрын
Such a confusing way of explaining these concepts lol
@crypto-vq9xf2 ай бұрын
wen moon wen lambo
@moonlambo-mf2tw8 күн бұрын
Youre just listing definitions; youre not explaining anything.
@leesweets41102 ай бұрын
Clearly the CEX is not very reliable if FTX was ranked #2 lol
@user-um7tw6kx4r6Ай бұрын
lol for repeatetly mentioning Defi Chain here.
@leander92632 ай бұрын
Very confusing.
@TechGod74 ай бұрын
We normally transfer our tokens not tranfer… this video made it more confusing what a waste of time
@axiomcurbcommunity2 жыл бұрын
im LOST
@dmitryr12233 ай бұрын
THIS IS A TERRIBLE EDUCATIONAL VIDEO. A THOUSAND CONCEPTS MASHED TOGETHER IS NO HELP TO ANYONE.
@user-dv2cg5or4hАй бұрын
#quranqibla
@quranqibla2 ай бұрын
FTX lol
@lerobinalias895211 күн бұрын
NOBODY says altchains. Everyone says Altcoins.
@foreverraining15224 ай бұрын
- Two different things entirely lol
  @WilliamSussman2 ай бұрын
- Those are two different things that's why
  @user-um7tw6kx4r6Ай бұрын
This explaination needs another explaination. 😂
@ap-nr3ziАй бұрын
altchain is a dumb term
@ChairmanHehe Жыл бұрын
Shit ..its a scam
@decimaldotdot5582Ай бұрын