Simply put, the L1, L2, and L3 cache are extremely fast memory layers with L1 being the fastest followed by L2 and L3 cache. However, these unsung heroes have a lot more to their story than just ...
The most common blockchain layers are layer 1s (L1) and layer 2s (L2). Bitcoin and Ethereum are L1s, or base layers, blockchains because they operate independently from other blockchains.
The benefits of L2 scaling solutions for Web3 payments include lower costs, faster speeds, and improved scalability, all of which are essential for mass adoption. However, they involve security ...