Why do we need Layer 2 solutions?

Ethereum is like a popular amusement park, but sometimes there are too many people! This means:

Slow Rides: Transactions take a long time to process.
Pricey Tickets: Fees to use Ethereum can be expensive.

Layer 2 is the Solution! Imagine extra park entrances:

These "entrances" handle transactions quickly and cheaply off the main Ethereum network. ️

Then, they securely send them back to the main park (Ethereum) for everyone to see.

Benefits of Layer 2:

- Faster transactions 
- Lower fees

Layer 2 Examples: Optimism Foundation, The Arbitrum Foundation, Polygon Labs, etc

Take a look at the image below for more Ethereum layer 2. Thanks, SheFi and Maggie Love for the amazing session!

Layer 2 = A Smoother Experience for Everyone!