NFTs have taken over the world of digital art and collectibles. Just as everyone thought Bitcoin was the digital solution to currency, NFTs are now marketed as the digital answer to collectibles. As a result of the huge sales to a new crypto audience, digital artists are witnessing changes in their life.

1. BEST BLOCKCHAIN FOR NFT
NFTs have taken over the world of digital art and collectibles. Just as everyone thought
Bitcoin was the digital solution to currency, NFTs are now marketed as the digital answer to
collectibles. As a result of the huge sales to a new crypto audience, digital artists are
witnessing changes in their life.When NFT technology had its debut back in 2017, the
popularity of these projects produced network congestion, resulting in slower speeds and
higher transaction costs, and it affected its mass adoption. Ethereum was responsible for
the sector's exponential expansion although these same restrictions were once again in
effect during the current NFT craze of 2021. In this article, we'll examine the key factors that
keep Ethereum at the top despite competition from other coins.
Why Ethereum?
NFTs were launched on the Ethereum blockchain, which is the most popular among other
blockchain networks. Investors favor Ethereum when it comes to Non Fungible Tokens
(NFTs), which account for the majority of the NFT market on its blockchain.

2. The Ethereum blockchain, which the majority of NFT applications operate on as ERC-721
coins, dominates the Decentralized Finance (DeFi) sector because of its extremely
secure network and data design. The blockchain also gives NFTs significant exposure to a
sizable and expanding market. Additionally, NFT systems must remain compatible with the
Ethereum virtual machine(EVM) to be supported by Ethereum wallets like Metamask.
NFTs have a lot of exposure to a big and potential market due to the Ethereum blockchain.
As a result, Ethereum NFTs often sell for a significantly higher price as compared to other
blockchains. Some well-known NFT markets built on Ethereum are OpenSea and
Rarible.Unfortunately, the large volume of network traffic results in a sizable transaction
backlog, which sharply raises transaction rates. Due to the limitations of the Ethereum
blockchain, the developers of NFT have looked to alternative methods
Is it the only approach for creating an NFT?
However, is not Ethereum necessary to create an NFT, the use of Ethereum is not required
to create NFTs.There are various systems for minting or generating NFTs, including Solana
(SOL), BNB Chain (BNB), and Cardano (ADA).
There are a few drawbacks of using the Ethereum blockchain-
● Higher gas fees
● Speed of Transaction
● Environmental Issues
As a result of the drawbacks of the Ethereum blockchain, many other new blockchains that
addressed these flaws started to emerge. Most of the investors saw Solana(SOL) as an
alternative. As its transaction speed is faster than that of Ethereum and the transaction
costs of Solana are negligible. These capabilities can help the Solana blockchain to surpass
Ethereum.The popular open NFT marketplaces of Solana are SolSea and Solanart. But, the
Solana network provides less exposure and is less secure.

3. Polygon and Polkadot are also cited as possible alternatives. On the Polygon blockchain,
for instance, there are no gas costs. Users must pay a gas cost in addition to the
transaction price in order to have their transactions prioritized. You also just need to pay a
little charge to convert ETH to Polygon. The Polkadot network is particularly well recognized
for its "green NFTs," which address Ethereum's sustainability and environmental problems.
Cardano(ADA) NFTs are preferred by game developers because they can be easily
integrated into decentralized apps and are minted on the Cardano ledger just like any other
token on the blockchain. Additionally, Cardano makes use of cutting-edge technology to
provide superior security and reduced transaction fees.Now, after knowing the advantages
and disadvantages of one Blockchain over another. The question arises that is which one is
best suited, and why does everyone favor Ethereum?
Which blockchain is ideal for NFTs?
Now, after knowing the pros and cons of one Blockchain over another. the question arises
which one is the most suitable and why everyone favors Ethereum.
A few factors need to be taken into account before selecting a blockchain for NFTs-
● A key element of distributed ledger technology's overall security is the robustness
of its smart contracts. For the greatest degree of efficiency and dependability,
smart contracts must undergo rigorous testing to ensure the lowest possible risk
of interruptions, security breaches, and hacks.
● Additionally, NFT-based transactions need cost-effective solutions, which is
essential for utilizing and implementing non fungible assets. Because of this, the
cost structure for NFTs on the blockchain is also an important factor.
● Blockchains are immutable by nature, faster finality reduces the number of times
attackers have to compromise the digital ledgers. The best platforms for
developing NFT marketplaces are those that enable quicker transaction finality
while preserving decentralization.
NFT creators or collectors must consider the dependability and security of the platform they
use while paying the least amount of transaction fees.

4. Ethereum is preferred because wallets like Metamask were designed in such a way that
NFTs have to be compatible with the Ethereum Virtual Machine (EVM). The EVM functions
as a decentralized computer with the capacity to manage several Ethereum network
projects. This finally forced NFT developers to succeed on Ethereum by requiring that their
applications function on EVM.
Smart contracts are used to develop Ethereum NFTs, and the Ethereum blockchain is the
home of many renowned and amazing NFT projects. We could expect it to fall steadily
when we take into account all the issues people have with Ethereum blockchain tokens, but
that doesn't appear to be the case - at least not yet. Ethereum’s smart contracts will work
better if the complexity is increased.
Conclusion
Although Ethereum has been regarded as the leading example of the NFT idea, it was
designed for cryptocurrencies rather than non-fungible assets. But, NFTs are typically
developed using programming similar to that used for cryptocurrency.The technology
behind Ethereum NFTs is chosen for the majority of significant NFT projects as it is reliable
and it offers whatever is needed to get NFT perfectly optimized.