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futurium 🔆
@hacimhacim5
Curious about layer 1 and layer 2 protocols in blockchain? You’re in the right place. This post breaks down blockchain architecture, explaining how it enhances security and scalability. Dive in to learn more in the following threads.
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futurium 🔆
@hacimhacim5
Layer 0: Foundation - Comprises essential elements for blockchain functionality. - Includes internet, hardware, and connectivity components. - Ensures smooth operation of layer one. - Examples: Cosmos, Polkadot.
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@hacimhacim5
Layer 3: Application Layer - Provides user interface. - Hides technical details of communication channels. - Enables real-world usability of blockchains.
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futurium 🔆
@hacimhacim5
Layer 2: Scaling Solutions - Enhances scalability on top of layer one - Offloads certain interactions from layer one - Smart contracts handle deposits and withdrawals - Example: Bitcoin’s Lightning Network Layer 1 vs. Layer 2: - Layer 1: Decentralized foundation - Layer 2: Increases nodes and throughput
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futurium 🔆
@hacimhacim5
Layer 1: Implementation Layer - Handles consensus, dispute resolution, programming, and rules. - Security based on immutability - Example: Bitcoin, Ethereum Initial Issues: - Slow due proof-of-work - Limited speed and capacity Solutions: - Shift to proof-of-stake - Ethereum 2.0 uses sharding for scaling
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CryptoFarme
@cryptofarme
Thanks for the info on blockchain
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Malvina Wolf 🎭
@malvina
Wow. Interesting information. Thank u my friend 👍🏻
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Anna
@annateo
OMG, sounds sooo hard)
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Kama Bullet
@kama
👍 👍 55 $degen
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Celestica
@celesticasad
it looks a little complicated but interesting 204 $DEGEN
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