Too Long; Didn't Read
In February this year, the ETH Gas price was at an all-time-high of an incredible ~$40 per transaction. This represents a major stumbling block if the vision of an alternative financial system in the form of DeFi is to come to fruition. Matic or xDai, with its stable sidechain, has the best of both worlds — fast transaction speeds and low transaction costs. Algorand is the oldest and a permissionless blockchain alternative to the Bitcoin network. The platform uses the Pure Proof-of-Stake network of EVM-enabled sidechains that significantly improves the scalability.
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