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Layer 2 chains provide a solution for enhancing the scalability, security, and privacy of blockchain networks. As a relatively new technology, the potential of #L2 chains is vast and largely untapped.
Here's why I'm bullish🧵👇
Layer 2 chains provide a solution for enhancing the scalability, security, and privacy of blockchain networks. As a relatively new technology, the potential of #L2 chains is vast and largely untapped.
Here's why I'm bullish🧵👇
1(a)/ An L2 chain is a layer built on top of a blockchain network (like #Ethereum), helping address the limitations of traditional, or "Layer 1," chains.
1(b)/ L2 chains work by allowing some transactions to be processed outside of the main blockchain, reducing the burden on the network and enabling faster transaction speeds.
