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Top NFT Blockchains — Ethereum The most popular blockchain fo | Cryptocurrencies | NFT

Top NFT Blockchains — Ethereum

The most popular blockchain for NFTs is currently Ethereum. It’s highly decentralized and provides all the financial and legal services one typically needs for transactions without the need for any intermediaries. It also houses some of the most popular NFT marketplaces (OpenSea), NFT projects (CryptoPunks and the Bored Ape Yacht Club), and NFT artists (Pak and Beeple).

Unfortunately, it is also one of the most expensive options and uses a lot of energy. This is because Ethereum works using a Proof-of-Work (PoW) mechanism. In short, PoW requires computers to compete with one another to solve complex puzzles to add blocks and transactions to the blockchain.