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

Рет қаралды 51,319

Күн бұрын

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: 45

@umershaikh944 5 ай бұрын

This video is more focused on funding than explaining the difference between blockchain layers...

@konradkarpienia5642 Жыл бұрын

I realised how little I still know after watching this :D

@askanddevanand4651 10 ай бұрын

Every1 feels the same😂😂

@TheSevisgreen 6 ай бұрын

Oh no.... thank you for your comment. That prepares me for what to expect.

@joshlul6479 5 ай бұрын

just had the same thought

@Davidchendavid 5 ай бұрын

lol 6 year in the market here, yet I’m in the same boat as you :(

@ItsRonJohn 4 ай бұрын

That comment captures my feelings perfectly

@theShneeg 2 жыл бұрын

Great video, thanks!

@nathantice-officialchannel7358 Жыл бұрын

Thanks Coin Gecko team

@desireappoh-ci4si 3 ай бұрын

Thanks for sharing

@GunterSchobel 11 ай бұрын

How is Polkadot a layer 0 and Bitcoin, Ethereum and Solana Layer 1.

@TheSevisgreen 6 ай бұрын

Dont u hate it when you have a great question

@necroCODE Жыл бұрын

FTX was ranked 2 in the CEX list IoI

@juny9445 Жыл бұрын

Polkodot is layer 0..how

@leesweets4110 5 ай бұрын

Youre just listing definitions; youre not explaining anything.

@col_invests 2 жыл бұрын

0:41 I like how Terra was edited out of the voice narration 😂

@CoinGecko 2 жыл бұрын

Huh 😂😂😂

@kryptodegen7985 2 жыл бұрын

love it

@joha737 2 жыл бұрын

very good

@CoinGecko 2 жыл бұрын

Thank you! Cheers!

@crypto-vq9xf 4 ай бұрын

Such a confusing way of explaining these concepts lol

@HowToDrawwithMrGray 11 ай бұрын

Great video. Horrible distracting music.

@TechGod7 7 ай бұрын

Very confusing.

@user-um7tw6kx4r6 4 ай бұрын

Clearly the CEX is not very reliable if FTX was ranked #2 lol

@VITRUVEO4life Жыл бұрын

Vulcan block chain !

@user-dv2cg5or4h 4 ай бұрын

THIS IS A TERRIBLE EDUCATIONAL VIDEO. A THOUSAND CONCEPTS MASHED TOGETHER IS NO HELP TO ANYONE.

@TutiDudu 6 ай бұрын

Cyba 🚀🚀🚀

@axiomcurbcommunity 2 жыл бұрын

We normally transfer our tokens not tranfer… this video made it more confusing what a waste of time

@dmitryr1223 6 ай бұрын

im LOST

@leander9263 4 ай бұрын

lol for repeatetly mentioning Defi Chain here.

@moonlambo-mf2tw 2 ай бұрын

wen moon wen lambo

@paulhetherington3854 8 күн бұрын

/f(x)= 2''px lyr + df=4''px UI' xls < cntr mtxub(i.e. vfrr) orb + vrch || horz orb LN''/ /fs 2''px lyr < dub paltsm LN'' orb < ba dub mol < wn rolx chrw/ /krch woofrchz cnnon < fr: 4''px chnl frch < jrdz~tmp xls + mrk~lyr cnnon/ /prv LN'' < shp mtx~auch frchz || IIO + tn auch mtx arund

@paulhetherington3854 8 күн бұрын

Cannot be, any 0 f(x) u d(x)! ALT -- Answered liberal timed - Netherlands , Duch! You claimed, 0= kuantum - of memory? On a - public damn net - simulated already!