Content pfp
Content
@
0 reply
0 recast
0 reaction

hooman🎩🎭  pfp
hooman🎩🎭
@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).
8 replies
0 recast
65 reactions

MadB 🎩🎭 pfp
MadB 🎩🎭
@mamadbaigi
Layer 2 blockchains like Zora's are crucial for improving speed, reducing gas costs, and enhancing scalability for Layer 1 networks 🎭
0 reply
0 recast
0 reaction