Layer 1: Beyond Throughput, Towards Sustainable Decentralization
Layer 1 blockchain technology is the bedrock upon which the entire decentralized world is built. Understanding its fundamental principles is crucial for anyone interested in cryptocurrencies, decentralized applications (dApps), or the future of finance. This post will explore the intricacies of Layer 1 blockchains, delving into their architecture, functionalities, and their role in shaping the digital landscape.
What is a Layer 1 Blockchain?
Defining the Core Layer
A Layer 1 blockchain refers to the base protocol or infrastructure of a blockchain network. It's the foundation upon which all other layers and applications are built. Think of it as the operating system for a decentralized world.Authentication Beyond Passwords: Securing the Future
Key Characteristics: Layer 1 blockchains are re...