Questions tagged [level 1 blockchain]

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CryptoAlly CryptoAlly Tue May 14 2024 | 6 answers 1266

Is Polkadot a level 1 blockchain?

I'm just getting started in the world of cryptocurrency and blockchain technology, and I've heard a lot about Polkadot. Could you clarify something for me? I've read that Polkadot is often mentioned in the same breath as level 1 blockchains. But is it really a level 1 blockchain? If so, what makes it stand out from other blockchains in this category? And if not, what category does Polkadot fall into? I'm really trying to understand the nuances of blockchain technology, and your explanation would be greatly appreciated.

Is Polkadot a level 1 blockchain?

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