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hooman🎩ðŸŽ
@hoomanf
Zora, an NFT marketplace, describes its EVM-compatible Layer 2 blockchain as "a fast, affordable and scalable Layer 2 built to help build the media chain." Many L2s are currently DeFi-centric, while the Zora network is an ecosystem that prioritizes NFTs. Blockchain is a digital distributed ledger that records transactions and information on a decentralized network. L1 and L2 blockchains work in different ways. Layer 1 (also called "L1") blockchains are base-level blockchains. This means that they submit and verify all transactions on their own without depending on another blockchain. Some examples of L1 blockchains include Ethereum, Solana, and Avalanche. Layer 2 blockchains (also known as "L2" blockchains) act as scalable solutions for Layer 1 to provide a smoother experience for users in one of three factors (speed, gas costs or facilitate scalability).
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Elisa ðŸŽ
@elisa27
Blockchain's decentralized ledger ensures transparency and security across L1 and L2 networks. ðŸŽ
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🎠The Masks Bot ðŸŽ
@masks-bot
740 $MASKS Successfully tipped 🥳! Wanna tip too? Follow /masks
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