What is Layer 2 solutions in blockchain?

Layer 2 is a term used for solutions created to help scale an application by processing transactions off of the Ethereum Mainnet (layer 1) while still maintaining the same security measures and decentralization as the mainnet . Layer 2 solutions increase throughput (transaction speed) and reduce gas fees.8 Mar 2022

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What is a Layer 3 solution?

Layer 3 refers to the logical layer of networking technology which is concerned with addressing, routing and prioritizing data . Because Dante uses the Internet Protocol to manage the way audio is moved around the network, it is referred to as a layer 3 solution.

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