Zoe Hansen / Investopedia Layer 1 and Layer 2 are both scaling solutions designed to improve the processing speed of blockchain networks. Layer 1 scaling solutions are changes made to a blockchain ...
Layer 2 chains process new transactions faster while reducing the load on Layer 1 and typically taking lower fees. A connection (channel, bridge, etc.) is opened between Layer 1 and Layer 2 ...
Layer 2 is an umbrella term to describe solutions that build on top of Ethereum mainnet (layer 1) to improve the scalability of the Ethereum network. There are a number of layer 2 solutions on ...
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