What is l1 and l2 blockchain?

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.

A layer-1 network is another name for a base blockchain. BNB Smart Chain (BNB), Ethereum (ETH), Bitcoin (BTC), and Solana are all layer-1 protocols. We refer to them as layer-1 because these are the main networks within their ecosystem.22 Şub 2022