Demystifying Layer 2 Blockchain Solutions
Layer 2 blockchain solutions represent a critical evolution in the landscape of distributed ledger technology, addressing some of the inherent limitations of Layer 1 blockchains. At its core, a Layer 2 solution operates on top of an existing blockchain (the Layer 1) to enhance its scalability, speed, and efficiency. This architecture allows for transactions to be processed off the main chain while still leveraging the security and decentralization features of…