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Exploring Blockchain Scalability: Layer 2 vs. Layer 1. Layer 2 solutions like Lightning Network offer faster transactions and lower fees without altering the main chain. Layer 1 upgrades, such as Ethereum 2.0, enhance core blockchain protocols for better scalability. Each comes with tradeoffs in terms of security, complexity, and decentralization. Which path will best serve the crypto community as we push towards mass adoption?
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Both Layer 2 and Layer 1 solutions are crucial for scaling. Layer 2 provides quick wins, while Layer 1 offers fundamental improvements. Balancing them could optimize scalability without compromising security or decentralization.
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