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NewsBTC 2021-12-21 09:03:05

In the Race for the Blockchain Podium, This Project Is Lengths Ahead

Ethereum is still struggling to bear the weight of growing crypto adoption; Is Gather Network blockchain’s most undervalued Layer 1 solution? 2021 has been a year of explosive growth for blockchain technology and cryptocurrencies. The emergence of NFTs and DeFi has added generous helpings of rocket fuel to the fire of a rapidly growing industry, with the total cryptocurrency market cap reaching an all-time high of $3 trillion in November. But the industry’s second-biggest blockchain, Ethereum, is yet to follow through with scalability promises and continued spikes in transaction fees and increased transaction finality on it’s network have seen both user and developer attention trickling this year into Layer 2 improvements. What’s more, players such as Solana entered the Layer 1 ring in a big way in 2021, looking to knock Ethereum off it’s throne as the next best blockchain. But there is another blockchain that may well have gone under the radar when it comes to low fees, rapid transaction finality and locktight security guarantees. Gather Network raised $960k in a 25x oversubscribed private sale back in September 2020 and the team behind the project have been building non-stop ever since; today Gather boasts a fully functioning proof-of-work blockchain that is poised to welcome a world of blockchain developers and dApp builders into its ecosystem. The Swiss Army Knife of Blockchains As a multi-layered platform, Gather looks to...

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