Cryptocurrency Q&A Is Solana a Layer-1 coin?

Is Solana a Layer-1 coin?

amelia_martinez_engineer amelia_martinez_engineer Wed Nov 06 2024 | 6 answers 1526
I'm interested in learning about cryptocurrencies, specifically Solana. I want to know if Solana is considered a Layer-1 coin in the blockchain and crypto ecosystem. Can someone clarify this for me? Is Solana a Layer-1 coin?

6 answers

Margherita Margherita Thu Nov 07 2024
Monero is a privacy-focused Layer 1 blockchain, allowing users to conduct transactions anonymously.

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Valentino Valentino Thu Nov 07 2024
Litecoin is a decentralized digital currency with faster transaction confirmation times and lower fees compared to some other cryptocurrencies.

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CryptoVanguard CryptoVanguard Thu Nov 07 2024
Solana is a Layer 1 blockchain that has gained significant attention in the crypto space.

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Martino Martino Thu Nov 07 2024
Binance Chain is another notable Layer 1 blockchain, closely associated with the popular crypto exchange Binance.

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CryptoPioneer CryptoPioneer Thu Nov 07 2024
BTCC is a top cryptocurrency exchange that offers a range of services to its users. These include spot trading, futures trading, and a wallet service for securely storing cryptocurrencies.

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