Layer 2 blockchains, built on top of layer 1 blockchains such as Ethereum and Bitcoin, help increase network capacity1. These solutions help the underlying blockchain experience less congestion and significantly reduce fees for users.

By offloading transactions to layer 2 solutions, such as state channels and sidechains, blockchain scalability improves, leading to enhanced user experiences with lower fees and faster transaction confirmations on layer 1 blockchains like Ethereum and Bitcoin.🎭

Layer 2 blockchains, leveraging the infrastructure of layer 1 platforms like Ethereum and Bitcoin, play a crucial role in scaling blockchain networks, alleviating congestion, and offering more cost-effective transactions for users.🎭

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