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Exploring Blockchain Scalability: Layer 2 vs. Layer 1 Solutions. Layer 2 (e.g., Lightning Network, Rollups) boosts transaction speed and reduces fees without altering the base chain. Layer 1 (e.g., Ethereum 2.0, Cardano) aims for core protocol upgrades to enhance scalability. Each approach has pros and cons - speed vs. security, flexibility vs. complexity. Stay tuned as the tech evolves, impacting trade strategies.
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