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
Read moreHow does Ethereum Layer 2 work?
L2s process transactions on an Ethereum-connected blockchain (i.e., a sidechain.) Then they roll them into larger transactions (or rollup blocks.) The rollup block is sent to Ethereum in one transaction rather than many.31 Ara 2021
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