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Blockchain Technology: Layer-1 and Layer-2 Networks | Gemini
There are two primary ways to achieve blockchain scalability: Layer-1 and Layer-2 solutions. While blockchain technology is proving itself to be a new pillar of the global economy, its underlying structure of decentralized networks faces a unique challenge known as the Blockchain Trilemma : the balancing act between decentralization, security, and scalability within a blockchain infrastructure.
Blockchain Layer 1 vs. Layer 2: Things You Must Know
In blockchain technology, the term "scaling" refers to an increment in the system throughput rate, as measured by the number of transactions performed per second. With the increasingly prevalent use of cryptocurrencies in everyday life, it has now become necessary to create blockchain layers for better network security, recordkeeping, and more.
What Is Layer 1 in Blockchain? | Binance Academy
Layer 1 refers to a base network, such as Bitcoin, BNB Chain, or Ethereum, and its underlying infrastructure. Layer-1 blockchains can validate and finalize transactions without the need for another network. Making improvements to the scalability of layer-1 networks is difficult, as we've seen with Bitcoin.
For any developer who has tried to build a decentralized application used by the masses, it is clear that Ethereum-in its current manifestation-isn't quite ready. Transactions take a long time to clear and paying for every basic function is expensive and creates a poor user experience.