
Layer 2: Scaling Ethereums Privacy With Zero-Knowledge.
Layer 2 scaling solutions are revolutionizing the way we interact with blockchain technology, offering faster transaction speeds and lower fees compared to transacting directly on the main blockchain, often referred to as Layer 1. But what exactly are these solutions, and how do they work? This blog post dives deep into the world of Layer 2, exploring its benefits, various implementations, and the future it promises for blockchain scalability.
Understanding Layer 2 Scaling
What is Layer 2?
Layer 2 (L2) refers to a set of scaling solutions built on top of an existing blockchain (Layer 1) to improve its throughput and efficiency. Instead of modifying the core blockchain itself, Layer 2 solutions handle transactions off-chain, alleviating congestion and reducing costs on the main chain. They ...