1/14 🧵
Do you know the difference between
- #Layer0
- #Layer1
- #Layer2 ?
Let's dig out, keeping them simple at the same time.
Do you know the difference between
- #Layer0
- #Layer1
- #Layer2 ?
Let's dig out, keeping them simple at the same time.
2/14 🧵
Layer 0 - What is that?
Layer 0 is the layer who provide securities and architectures to the Layer 1s.
What these securities Layer 0 provide?
1) Security (securities transactions, security of the chain from attacks).
Layer 0 - What is that?
Layer 0 is the layer who provide securities and architectures to the Layer 1s.
What these securities Layer 0 provide?
1) Security (securities transactions, security of the chain from attacks).
3/14 🧵
2) Frameworks (solution that simplifies the development, deployment, and support of technically complex products).
2) Frameworks (solution that simplifies the development, deployment, and support of technically complex products).
4/14 🧵
3) Interoperability (communication mechanism between two or more blockchains).
analyticssteps.com/blogs/all-abou…
3) Interoperability (communication mechanism between two or more blockchains).
analyticssteps.com/blogs/all-abou…
5/14 🧵
Layer 1, what are they?
Layer ones are the public blockchains who we are most familiar, some examples con be Bitcoin , Ethereum, Solana, Cardano, Terra, Avalanche, Algorand, TRON, etc.
Layer 1, what are they?
Layer ones are the public blockchains who we are most familiar, some examples con be Bitcoin , Ethereum, Solana, Cardano, Terra, Avalanche, Algorand, TRON, etc.
6/14 🧵
Some characteristic of Layers one:
1) Consensus
Blockchain consensus mechanisms basically help guarantee that all nodes on a network are synchronized and its transactions are legitimate.
Some characteristic of Layers one:
1) Consensus
Blockchain consensus mechanisms basically help guarantee that all nodes on a network are synchronized and its transactions are legitimate.
7/14 🧵
Such consensus mechanisms are necessary for blockchain networks to ensure that every node is connected to the same network and all transactions are regularly verified.
allerin.com/blog/8-blockch…
Such consensus mechanisms are necessary for blockchain networks to ensure that every node is connected to the same network and all transactions are regularly verified.
allerin.com/blog/8-blockch…
8/14 🧵
2) Executions
By execution we basically mean the processing of all transactions and operations.
"While layers 0 and 2 are optional, layer 1 is always mandatory. Without it, no type of operations could take place.
2) Executions
By execution we basically mean the processing of all transactions and operations.
"While layers 0 and 2 are optional, layer 1 is always mandatory. Without it, no type of operations could take place.
9/14 🧵
If there is no layer 0, layer 1 performs some functions, especially in terms of security."
thecryptogateway.it/layer-0-layer-…
If there is no layer 0, layer 1 performs some functions, especially in terms of security."
thecryptogateway.it/layer-0-layer-…
10/14 🧵
What are layers two?
Layer 2 blockchains are built on top of Layer 1 chains. To avoid confusion, Layer 2 blockchains are not applications built on top of Layer 1 chains such as Uniswap on Ethereum.
What are layers two?
Layer 2 blockchains are built on top of Layer 1 chains. To avoid confusion, Layer 2 blockchains are not applications built on top of Layer 1 chains such as Uniswap on Ethereum.
11/14 🧵
Layer 2 blockchains are mostly built to solve the scaling problem of Layer 1.
The main tasks/characteristic of Layer 2s is the scalability.
Layer 2 blockchains are mostly built to solve the scaling problem of Layer 1.
The main tasks/characteristic of Layer 2s is the scalability.
12/14 🧵
Scalability: Layer 2 help to scale and they take care of offloading the weight of normal transactions from layer 1, which is only responsible for ensuring security and consent.
Taking Ethereum as Example, Layers 2 help Ethereum with scaling.
Scalability: Layer 2 help to scale and they take care of offloading the weight of normal transactions from layer 1, which is only responsible for ensuring security and consent.
Taking Ethereum as Example, Layers 2 help Ethereum with scaling.
13/14 🧵
The main goal of scalability is to increase transaction speed (faster finality), and transaction throughput (high transactions per second), without sacrificing decentralization or security
ethereum.org/en/developers/…
The main goal of scalability is to increase transaction speed (faster finality), and transaction throughput (high transactions per second), without sacrificing decentralization or security
ethereum.org/en/developers/…
14/14 🧵
Conclusions with Examples
(I will not mention everyone)
- Layers 0: #Cosmos, #Polkadot
- Layer 1: #Bitcoin , #Ethereum, #Solana, #Cardano, #Terra, #Avalanche, #Algorand, #TRON
- Layers 2: #Arbitrum, #Optimism, #immutableX
Conclusions with Examples
(I will not mention everyone)
- Layers 0: #Cosmos, #Polkadot
- Layer 1: #Bitcoin , #Ethereum, #Solana, #Cardano, #Terra, #Avalanche, #Algorand, #TRON
- Layers 2: #Arbitrum, #Optimism, #immutableX
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