The increasing popularity of smart contract applications on public blockchains has caused the infamous congestion problems on Ethereum and a general scalability debate in recent years. In the wake of this challenge, the concept of Layer-1 public chains emerged and with it an increasing number of alternatives to the Ethereum ecosystem. Imagining a case of a flippening, the chain that surpasses Ethereum may not be a fork of it as they face many of the same technical limitations.
Layer-1s that have healthy technological foundations and continually attract native projects will have a good chance of surviving across the bulls and bears phases of the market. Projects are developing new innovative blockchains that carry a lot of yet unseen promise and vitality. These projects seek a balance between the complex scalability of modular systems and the simplicity of the user experience the blockchain provides.
In the next stage of public blockchain development, there may be two trends as a result of ETH2.0 merging and sharding expansion. In terms of SDK innovation, while Aptos also has an SDK for improving Developer and user experience, Sui’s SDK has made interesting attempts to connect other ecosystems and non-crypto use cases. For example, by opening game APIs, game developers will be able to interact with Sui’s ecosystem and Move language seamlessly.