Exploring Layer 1 and Layer 2 Cryptocurrencies: What Are the Benefits?
Cryptocurrencies are divided into two layers - Layer 1 and Layer 2. This article explores the advantages of each layer, including their security, scalability, speed, and cost.
Cryptocurrencies are divided into two layers - Layer 1 and Layer 2. This article explores the advantages of each layer, including their security, scalability, speed, and cost.
This article provides an overview of blockchain layer 1, exploring its definition, benefits, challenges, and its role in the blockchain ecosystem. It also looks at why layer 1 protocols are…