Layer 1 Blockchain Leveraging DePIN Functions

[Eighteen69]

People would emphasize how L1 blockchain really provides the foundation for decentralized networks, but not with enhanced scalability, speed and efficiency of L2 Solutions. However, exploring recent projects developed on a Layer-1 blockchain just beats my imagination the flavor added to technology.

Looking at peaq for instance,  having seen that it also bridges to Ethereum via multiple established bridges and give full EVM compatibility & supports Rust smart contracts as well as allowing various applications to leverage them seamlessly, would anyone want to overlook L1 projects because of the increasing L2 projects in the market?

[Mia Chloe]

Well actually I don't  actually think that the rise of Layer 2 solutions  diminish the value of Layer 1 projects. In most cases, layer 1 blockchains provide some sort of foundational security,and depending  on the developers either decentralization or centralisation and compatibility, while in some cases also, Layer 2 solutions actually enhance scalability, speed and efficiency like block  space in the case of bitcoin. 
Both are simply just scaling solutions to improve the overall efficiency of the network and the effect differs depending on the network too.

[NERFEDARTIST]

The way I see it, it doesn't matter where the project is built or how it's built as long as it has real use cases, and provide solutions that cater to the needs of the average crypto user.

Going by the amount of people participating in locking BGB or USDT to get the token, I'd say I'm not the only one impressed with what these guys are building.