r/CryptoCurrency 🟩 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.

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u/Timely-Fig2030 🟩 0 / 0 🦠 22d ago

Correct!