Altcoins Analysis Bitcoin BLOCKCHAIN CHAINALYSIS DEFI ETHEREUM LAYER1 June 20, 2022 0 Altcoins Expanding DeFi Ecosystem but Can’t Beat Layer 1 King Ethereum: Chainalysis Different Layer 1 blockchains are created to serve different goals. Bitcoin was designed to be a currency for simple, trustless transactions with enforced scarcity to preserve its value. However, its…