Layer 1 blockchain protocols have been expanding rapidly with the aim of improving the scalability of the blockchain ecosystem and recently, I discovered Redlight Finance which sort of stand out with its innovative gas-free Layer 1 EVM compatible blockchain.

RedLight Chain was created by Redlight finance and it utilizes the proof of Authority (PoA) and the Proof of Stake (PoS) with the aim of providing a scalable and decentralized system that is easy for users to interact with and this is done by first eliminating the need to pay gas fees during transactions on the platform.

It’s governance token $REDLC, is already listed on a few exchanges e.g Bitmart, and XT and there’s an ongoing Kickstarter event on MEXC Global for interested users to adopt early, so in case you want to check it out.

CMC – https://coinmarketcap.com/currencies/redlight-chain

Coingecko – https://www.coingecko.com/en/coins/redlight-chain?utm_source=screenshot&utm_medium=app

A gas-free EVM blockchain sounds next level and what do you think about it’s long term sustainability? Kindly share your thoughts.