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 moreWhat is layer 2 and Layer 3 networks?
Generally speaking, Layer 2 is a broadcast Media Access Control (MAC) MAC level network, while Layer 3 is a segmented routing over internet protocol (IP) network . To better understand both layers, let’s dig a little deeper into the OSI model.
Read moreWhat is Layer 2 scaling?
Layer 2 solutions to scaling establish an additional protocol that is built on top of blockchains like those of Ethereum and Bitcoin . Layer 2 scaling solutions increase throughput without tampering with any of the original decentralization or security characteristics that are integral to the original blockchain.
Read moreWhat is Ethereum scaling?
A rollup is a scaling solution that executes transactions on its own optimized execution layer but posts its transaction data to Ethereum (and later perhaps other L1s). In this way, rollups directly inherit Ethereum’s security guarantees. Zooming in, there are two main types: zk rollups and optimistic rollups.
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