Farcaster

Key Features of Ethereum Layer 2

1. Higher Scalability – Allows more transactions per second (TPS) compared to Layer 1.

2. Lower Gas Fees – Reduces transaction costs significantly compared to executing transactions on the mainnet.

3. Maintains Security of Layer 1 – Utilizes cryptographic proofs (such as fraud proofs in Optimistic Rollups and validity proofs in ZK-Rollups) to ensure security.

4. Faster Transactions – Transactions are confirmed quickly without waiting for new Ethereum blocks.

5. Interoperability – Enables seamless interaction with DeFi protocols, blockchain games, and NFTs.