1/ Layer 1, Layer 2, and Layer 3 solutions each play a crucial role in enhancing scalability, functionality, and interoperabilit
02 Dec 2023, 18:19
1/ Layer 1, Layer 2, and Layer 3 solutions each play a crucial role in enhancing scalability, functionality, and interoperability within #blockchain ecosystems ✌️
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202 Dec 2023, 18:19
5/ Layer 3:
This layer refers to protocols, applications, or ecosystems built on top of both Layer 1 and Layer 2 solutions.
These aim to further enhance functionality, interoperability, and user experience.
Eg: #DeFi platforms like #Aave and #compound
5/ Layer 3:. This layer refers to protocols, applications, or ecosystems built on top of both Layer 1 and Layer 2 solutions.
5/ Layer 3:
This layer refers to protocols, applications, or ecosystems built on top of both Layer 1 and Layer 2 solutions.
These aim to further enhance functionality, interoperability, and user experience.
Eg: #DeFi platforms like #Aave and #compound
02 Dec 2023, 18:19
4/ Layer 2:
These are protocols built on top of Layer 1 blockchains to enhance scalability and efficiency.
Eg: @0xPolygonLabs built on Ethereum using sidechains to execute transactions and smart contracts, reducing congestion on the main Ethereum network 🤝
4/ Layer 2:. These are protocols built on top of Layer 1 blockchains to enhance scalability and efficiency.
4/ Layer 2:
These are protocols built on top of Layer 1 blockchains to enhance scalability and efficiency.
Eg: @0xPolygonLabs built on Ethereum using sidechains to execute transactions and smart contracts, reducing congestion on the main Ethereum network 🤝