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Layer 2 crypto

layer 2 crypto

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The majority of Layer 2 mere transmission of a transaction architecture and on top of for resolving network performance issues.

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Ethereum Layer 2 Solutions Explained: Arbitrum, Optimism And More!
Layer 2 is a protocol built on top of the main blockchain to enhance transaction speed and reduce costs, often employing sidechains or state channels. Layer 2 refers to a secondary framework or protocol that is built on top of an existing blockchain system. The main goal of these protocols is to solve the. Built on top of Ethereum, Layer 2 blockchains help speed up transaction processing while keeping the costs down for the L1 network.
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This means that layer-2 networks handle the processing of transactions, whether with another user or with a smart contract, on behalf of of the base blockchain. Learn what smart contracts are and how you can build them. Aevo Fraud proof system is currently under development.