My favorite L1s for this cycle 🧵👇🏼
$SMH (@teamspacemesh)
• Most decentralized L1 with 1M+ nodes
• 5+ years of research + ETH core dev Lane Rettig
• Proof-of-Space-Time (PoST)
• T1 VC backers such as Paradigm, Bancor, Coinbase Ventures and Polychain Capital
$TARA (@taraxa_project)
• The world’s only EVM-compatible smart contract platform built with blockDAG with true finality
• First Native EVM Integration in blockDAG
• First PoS blockDAG
• First Dynamic blockDAG Proposal Rate
• First True Finality in blockDAG
• Team have co-published a book with the vice minister of Japan’s RIETI
$KAS (@KaspaCurrency)
• Fastest BlockDAG in the world, aiming for 100BPS
• Founder cited in every big project (even ETH)
• Project is founded by people who are BTC OGs, more than 10 years of research
• Solved the trilemma with PoW and BlockDAG
$QUBIC (@_Qubic_)
• World's first useful Proof of Work mechanism with 40M+ TPS
• Founder founded first 100% PoS coin, first ICO, first crypto not bitcoin clonea and first DAG coin (Same founder as $IOTA)
• Unique smart contracts (written in C++) with burn mechanism and launched via an IPO with the possibility of passive income
$ALPH (@alephium)
• Sharding with sUTXO and Proof-of-Less-Work
• DAG data structure to reach consensus between different shards
• First blockchain featuring single-step cross-shard transactions
• Second highest TVL of all PoW coins
$INJ (@injective)
• INJ 3.0 is coming and aims to be the most deflationary asset to date
• The fastest blockchain built for institutions, with the lowest fees, multi-asset support & institutional grade security
• 150M Ecosystem fund and 200+ dApps building
• Backed by Binance, Pantera, Mark Cuban, Jump & many more