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Will Layer-1 Public Blockchains Rise or Fall in the Next Bull Market?
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This story was originally published on HackerNoon at: https://hackernoon.com/will-layer-1-public-blockchains-rise-or-fall-in-the-next-bull-market.
An analysis of differentiated L1 public blockchains and why they may outperform in the next bull market.
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Aptos received a $150 million investment from FTX at a valuation of $2.75 billion, with the new financing totaling $ 350 million. The development of alternative Layer-1s could be a successful way forward for the blockchain industry and Web 3.0 to shape the next generation of the Internet. Blockchains that have healthy technological foundations and continually attract native projects will have a good chance of surviving across the bulls and bears phases of the market. The public blockchain will also continue to gradually differentiate into other different development paths like general purpose, privacy, and specialized application blockchains.
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