Ever thought not to consider the best blockchain when creating a non-fungible token (NFT) collection?
The average NFT fan is always faced with a crisis of gas costs and expensive transactions, especially at Ethereum.
In fact, there are many aspects to consider in making an NFT purchase - just as we compare the price of goods and quality in a supermarket.
Because of that, it is advisable for NFT collectors to do research in advance to get a collection that is worthwhile to be part of the existing assets.
Let’s go!
In addition to Ethereum, there are many more advanced networks that offer an interesting NFT collection:
Flow
BNB Chain (formerly: Binance Smart Chain)
Cardano
Solana
Polygon
Algorand
Tezos
TRON
Avalanche
Through this dumping of network options, some aspects that NFT collectors need to study closely so that there are not so many errors after making a decision.
Transaction speed
Blockchains that offer fast transactions have the potential to attract more users.
Transaction speed has a huge impact on transaction costs.
If the blockchain processes transactions at a slower rate, users have to pay higher costs in order to be a miner’s priority.
Transaction costs
An NFT can be very expensive because of the transaction cost alone.
While many other NFT collections that have 'people's prices', you just have to be good at choosing the series.
Low transaction costs lead to wider acceptance of NFT.
Smart contracting abilities
All NFT platforms have smart contract support applied in the blockchain.
High -tech smart contracts offer tight protection for NFT platforms.
The programming language for the execution of smart contracts in the blockchain is also important.
Consensus Mechanism
Proof of Work (PoW) consensus deals more with security issues than Proof of Stake (PoS).
Delegated PoS (DPoS) and Leasing PoS (LPoS) are equivalent to PoS only more advanced and sophisticated.
Proof of History (PoH) and Proof of Authority (PoSA) are much more exclusive than the previous four consensus.
