Layer 2 is the framework that gets built on a Layer 1 platform. It is built for the main purpose to improve scalability and efficiency.
Layer 2 solutions often execute transactions on a separate architecture which reports periodically back to the Layer 1 to finalizes them. Some Layer 2 solutions are Polygon $MATIC and Loopring $LRC.Â
Access our Layer 2 resources here
Enjoy all the following benefits from the Chain Debrief Team:
Learn the basics of cryptocurrency and how to protect yourself from crypto scams with this 6-part beginner-friendly course, created in collaboration with Luno Discover.
Not sure what to do with your crypto? It’s time to learn some popular strategies for investing.
Crypto and blockchain have changed one of the most important aspects of the world: money.
Chain Debrief aims to inform, educate, and connect the global investment community through our crypto guides, news, analyses, and opinion pieces.