What is l1 and l2 blockchain?

Layer-1 Scaling Solutions In the decentralized ecosystem, a Layer-1 network refers to a blockchain, while a Layer-2 protocol is a third-party integration that can be used in conjunction with a Layer-1 blockchain . Bitcoin, Litecoin, and Ethereum, for example, are Layer-1 blockchains.

A layer one protocol, which is sometimes called an implementation layer, refers to a system associated with the base or main architecture of a blockchain network . A layer one protocol sets the entire network’s rules and parameters, such as its consensus algorithm, block time, transaction throughput, etc.

A. L. A primary blockchain network such as Bitcoin and Ethereum . The Layer 1 moniker became popular as Layer 2 blockchains were developed to speed up transaction confirmation as well as handle small payment amounts.