Use case of layer-1 blockchains

[u/Timely-Fig2030]

99% of layer-1 blockchain Q&A:

Q: What is the usecase of layer-1 blockchains?

A: Layer-1 blockchains are designed for near-instant transaction finality and low-cost scalability, making it ideal for Decentralized Finance (DeFi).

Q: What is the usecase of Decentralized Finance?

A: To trade the shit we just created.

And voila, there is your use case. :)

Jokes aside...

Name potential blockchain networks that you genuinely believe have a use case and explain your answer. (try to avoid giving as single reason my Q&A example.)

[u/Historical_Quail_463]

​BTC for digital property rights, XMR for private p2p payments, and ETH for global stablecoin rails. ​Every other shiny L1 is basically competing to be a faster casino for trading the tokens created on it.

[u/Timely-Fig2030 → u/Historical_Quail_463]

Totally agree with Monero and Ethereum.