L1LN

L1Ln is a decentralized, open-source, and permissionless blockchain protocol designed to facilitate the creation and management of decentralized applications (dApps) and smart contracts. It aims to provide a scalable, secure, and efficient platform for developers to build and deploy their projects without the need for intermediaries. The protocol is built on a proof-of-stake (PoS) consensus mechanism, which allows for faster transaction processing and lower energy consumption compared to traditional proof-of-work (PoW) systems. L1Ln's native cryptocurrency, L1Ln Coin (L1LN), is used for transaction fees, staking, and other network operations. The protocol also features a built-in oracle system, enabling smart contracts to access real-world data and interact with external systems. L1Ln's modular architecture allows for easy integration of new features and improvements, making it a flexible and adaptable platform for the ever-evolving blockchain landscape. The project was founded in 2020 and has since gained a dedicated community of developers and enthusiasts, contributing to its growth and development.