Degen

Layer 2 is a blockchain that is built on top of the Layer 1 blockchain to overcome network scalability problems. The function of layer 2 is to speed up the transaction process, reduce transaction costs, and expand network use cases. Which layer 2 is the best in your opinion and explain why?

Manado, Manado City, North Sulawesi, Indonesia

Layer 2 solutions are critical in addressing the scalability challenges faced by Layer 1 blockchains like Bitcoin and Ethereum. They operate by processing transactions off the main chain and then reporting the results back to it, thereby improving transaction speed, reducing costs, and enabling new use cases.