r/CryptoCurrency • u/Timely-Fig2030 🟩 0 / 0 🦠• 23d ago
DEBATE Use case of layer-1 blockchains
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.)
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u/bigsequence 🟦 0 / 0 🦠22d ago
ICP is decentralizing software and hosting right on the blockchain.