New L1 and L2 chains launching in 2023

[GreatArkansas]

(....)
So Defi is definitely the future and hence why these chains are being developed. The issue is that they are rushed and have lots of bugs. Even a few days ago Sushi swap had a bug and over $3M was stolen. And it will get worse with these new chains and smart contracts if they are all badly coded and rushed for launched.

This will be improved overtime, I believe. This is a better problem than having problems like CEX.

As you noticed, with the birth of a lot of layer-2 networks and/or layer-1, there are already a lot of people trading on-chain, even the futures market, they already started to like trading on-chain, which for me is extremely better.
The only bad side is if you are just a small trader with small capital, sometimes you will just eat by transaction fees on these chains.

[Teraboy]

such great thing if with all these launching of these new L2 are gonna be helping ethereum in solving their problem but it seems that's just hardly could be realized right now more of these L2 acts like L1 instead, their smart contract for bridging instead contribute a lot to the increase of fee. quite counter productive.

[bittick]

So Defi is definitely the future and hence why these chains are being developed. The issue is that they are rushed and have lots of bugs. Even a few days ago Sushi swap had a bug and over $3M was stolen. And it will get worse with these new chains and smart contracts if they are all badly coded and rushed for launched.

there was certain L2 that got some difference in term of smart contract that caused some project couldn't get their money from the fundraising they held and the money of the public was at stake. I think these L2 should take their time in developing their platform instead of rushing, it's just gonna create chaos if turns out their project was causing massive financial loss because they are in rush.

[Bitstar_coin]

As you know, there are a lot of new blockchains launching in Q2 2023, many of them with superior technical specs and features to currently used L1 and L2 chains. Shardeum for example allows thousands of normal users to be validators and is like Ethereum but with sharding. It's backed by WazirX exchange, which is the biggest exchange in India. SUI was created by former Facebook DIEM developers and can do over 150k TPS. Q Blockchain is EVM compatible like Ethereum and has 5 second blocks but the biggest upgrade that it has over the blockchains launched currently is that it includes a legal document called the "constitution" built into the protocol which protects users on the chain and enables root nodes to monitor and control validators. There is a DAO built into the protocol along with digital ID, staking, escrow, DeFi etc. and gas fees spent on DApps in the portal are redistributed to Q holders. It's also unique in that there are built in synthetic assets like USD, stocks and Gold. You can get the aforementioned coins and Q before it lists on an exchange by heading over to Zealy and performing simple bounty tasks.

I doubt shardeum will be among the L2 blockchsin that will gain recognition from usesr in 2023, although i have only done the testnet procedure but i read that those running their node are not finding it easy to completely get theiir nodes running as a result of the shardeum network issues and the team are not responding actively to all the concerns from the node runners.
If they want the attention to be on their blockchain they should start answering question on their discord and activate  all offline nodes waiting to go live.

[Quidat]

Speaking about L1 then i would say that this project is really that something that as the bleeding edge technology.

https://www.l1x.foundation/

The world's fastest interoperable blockchain.
Layer One X is a decentralised blockchain, providing
unrivaled interoperability, scalability, speed, and security.

Discord: https://discord.com/invite/LayerOneX

Im not part of the team but im one of their presale investors which its mainnet launch would be this upcoming August.
Few months already and they would really be having that public presale May-July as far as i know.

[Psynthax]

I wonder if with the presence of zero layer would totally eliminate the need of these L2 because honestly it feels more convenient since they are substitute for smart contract but connected across blockchains.
the L2 like arbitrum are could be very well considered outdated if that's the case, but i guess the fact that it's not even a blockchain would make it somehow different with l2 in general.

[ElmedoRator]

It can be seen that there are many projects that will be launched in the second quarter of this year and most of them are projects with very impressive funding levels in this market. I can see that getting into the crypto space also comes with some risks and challenges. It may be difficult for some software engineers to implement and deploy blockchain applications, as it is a new and rapidly evolving technology. In addition, compliance with regulations and laws in the crypto environment is also one of the challenges for developers.

In general, the fact that more developers are entering the crypto environment is a notable trend in recent times. However, in order to be successful in developing blockchain applications or dApps, developers need to do thorough research and comply with relevant legal regulations to minimize risks and ensure safety for the user.

[terciduk123]

Seems like there may be a few airdrops coming if people use these chains.

There is also Starknet that you could add to your list. SUI and ZK-SYNC seem like the two big ones that may have an airdrop though, it would be good to use those chains for in case.

That's right, Hope receives a portion of the Airdrop, which is the primary goal of new users.
Furthermore, new users can learn about the benefits and drawbacks of each new network. so you can determine which network is faster and less expensive.


Aside from SUI and Zksync, there's also Base and Linea, and possibly others.

[nimogsm]

In general, the fact that more developers are entering the crypto environment is a notable trend in recent times. However, in order to be successful in developing blockchain applications or dApps, developers need to do thorough research and comply with relevant legal regulations to minimize risks and ensure safety for the user.

I like this trend. I would like to see something new this year. I think the Sui project will be successful, since there is a lot of attention to it now and the start of trading will start quite soon. Their product has already tested the speed of transferring tokens in the test network, it’s fast, as it will be in the main one, it’s hard to say, but I think many people will like to use it.

[WalkerIVIV]

SUI right now is the most anticipated ones and that's without a doubt, despite not giving away some airdrops their sale still gaining tremendous success, i think in the future, if sui turned out to be massive success, many same l1 and l2 will follow its path of helding their sale instead of airdrops that might dissappoint many people since definitely we came back at age of IEO again.

[poodle63]

Speaking about L1 then i would say that this project is really that something that as the bleeding edge technology.

https://www.l1x.foundation/

The world's fastest interoperable blockchain.
Layer One X is a decentralised blockchain, providing
unrivaled interoperability, scalability, speed, and security.

Discord: https://discord.com/invite/LayerOneX

Im not part of the team but im one of their presale investors which its mainnet launch would be this upcoming August.
Few months already and they would really be having that public presale May-July as far as i know.

It has claimed already achieved 100k TPS but in another case. suinetwork has claimed to reach 300k TPS at its peak TPS. it seems like that if sui is a bit better compared with l1

https://twitter.com/SuiNetwork/status/1651701079128821760

I think that the competition to build a proper L1 L2 will be very strict started from now. There are bunch of blockchains will be coming soon. People will not be only concentrating with 1 blockchain.

[ElmedoRator]

(...)

I like this trend. I would like to see something new this year. I think the Sui project will be successful, since there is a lot of attention to it now and the start of trading will start quite soon. Their product has already tested the speed of transferring tokens in the test network, it’s fast, as it will be in the main one, it’s hard to say, but I think many people will like to use it.

I also think SUI will resonate in this market as they have experienced team in this field, as well as really quality partners, and I also see they will also have pumps with their coin. them when the funding is really impressive for a crypto project. However contrary to you my experience with the testnet is that it is completely slow and often buggy, which is understandable given that this is just a testnet and almost any project before the mainnet is like that. And the coming time when they are preparing to release tokens, I think this will be one of the projects that create great attraction for the crypto community.

[ChiNgadOr]

Beware: SUI is a  moneygrab from VentureCapital to trap stupid retailers (aka Fomobuys). The onlye ones that make money are the people behind the project (team, VC and exchanges). Like typical IEO in Binance, pumped to infinitum by bots and retards placing market orders. Need more insights to refresh your mind? Check what happened with APTOS. 97% of supply was being holded by a few addresses and they were pumping it to 20 fucking billions to grab some liquidity. A NEW project that didn't delivered nothign so far but has a huge marketing across all social media (probably an army coming from third developed countries who was shilling it for a few $)

[darewaller]

So Defi is definitely the future and hence why these chains are being developed. The issue is that they are rushed and have lots of bugs. Even a few days ago Sushi swap had a bug and over $3M was stolen. And it will get worse with these new chains and smart contracts if they are all badly coded and rushed for launched.

there was certain L2 that got some difference in term of smart contract that caused some project couldn't get their money from the fundraising they held and the money of the public was at stake. I think these L2 should take their time in developing their platform instead of rushing, it's just gonna create chaos if turns out their project was causing massive financial loss because they are in rush.

That is the problem with development, if you do a final one then you are screwed if there is something wrong in it. A ton of projects had to update because of this, which breaks all of the decentralization disguise of it.

Like pancakeswap, they had to do so many versions, and they act and call it a "decentralized exchange" when in reality you know that it is not, it has nothing to do with decentralization, they could just close the website down, or they could move to a new version and you would be too late. So all in all there is absolutely no way of knowing if you are right or not, it would not make sense at all and you should be avoiding that as much as you possibly could as well since that is not decentralized, and it's too risky.

[tygeade]

It can be seen that there are many projects that will be launched in the second quarter of this year and most of them are projects with very impressive funding levels in this market. I can see that getting into the crypto space also comes with some risks and challenges. It may be difficult for some software engineers to implement and deploy blockchain applications, as it is a new and rapidly evolving technology. In addition, compliance with regulations and laws in the crypto environment is also one of the challenges for developers.

In general, the fact that more developers are entering the crypto environment is a notable trend in recent times. However, in order to be successful in developing blockchain applications or dApps, developers need to do thorough research and comply with relevant legal regulations to minimize risks and ensure safety for the user.

Yeah, this is mainly because we are in a bull market and because of that there will be tons of projects that will act as if they are doing alright. I mean sure they will get the funding but the result will be terrible and it will not be a good one for any of us.

I hope that it does well enough that we will not care about the drop, but I bet that almost all of the ones that gained so much funding will crash and burn, aside from maybe a few of them. This is why I keep suggesting people not to fund projects, because they should be doing it anyway if they think it is so great, get them to keep some of the tokens and do it out of pocket and that way they would be able to show if it actually worths or not, if it does then the tokens they are holding will worth a lot.

[umbara ardian]

The cryptocurrency market has been experiencing a lot of volatility lately, but it's also encouraging to see continued interest and innovation in the space. Airdrops and other promotional programs can be a good way for new projects to generate buzz and attract early adopters, but it's important to consider the long-term viability and potential value of a project beyond just the initial airdrop. Ultimately, the success of any blockchain project will depend on factors such as adoption, utility, and developer activity, in addition to any promotional programs or incentives that may be offered.

[RussianEnglishTranslation]

The cryptocurrency market has been experiencing a lot of volatility lately, but it's also encouraging to see continued interest and innovation in the space. Airdrops and other promotional programs can be a good way for new projects to generate buzz and attract early adopters, but it's important to consider the long-term viability and potential value of a project beyond just the initial airdrop. Ultimately, the success of any blockchain project will depend on factors such as adoption, utility, and developer activity, in addition to any promotional programs or incentives that may be offered.

This post sounds like AI

[RussianEnglishTranslation]

Beware: SUI is a  moneygrab from VentureCapital to trap stupid retailers (aka Fomobuys). The onlye ones that make money are the people behind the project (team, VC and exchanges). Like typical IEO in Binance, pumped to infinitum by bots and retards placing market orders. Need more insights to refresh your mind? Check what happened with APTOS. 97% of supply was being holded by a few addresses and they were pumping it to 20 fucking billions to grab some liquidity. A NEW project that didn't delivered nothign so far but has a huge marketing across all social media (probably an army coming from third developed countries who was shilling it for a few $)

Right on, Q Blockchain is a legit project though and value's their community. They actually pay out Q to zealy.io participants regularly and have ongoing twitter givewaways where you can get free Q. It's the polar opposite of SUI which promised 6% of the supply to the community then sold it in an IEO instead. disgust.