maria (mariaaz)

maria

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Hello friends, I decided to share some content about blockchain with you. About layer 1 and layer 2, their advantages and disadvantages, I hope you like it, we will start tomorrow part by part. 🌈🩵

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What is layer 1? A layer-1 network is another name for a base blockchain,Ethereum,Bitcoin,and Solana are all layer-1 protocols.refer to them as layer-1 because are the main networks within their ecosystem in contrast to layer-1,we have off-chains and other layer-2 solutions that are built on top of the main chains.🩵

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Layer 1 refers to a base network, such as Bitcoin, BNB Chain, or Ethereum, and its underlying infrastructure. Layer-1 blockchains can validate and finalize transactions without the need for another network. Making improvements to the scalability of layer-1 networks is difficult, as we’ve seen with Bitcoin.

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IoTeX✨ IoTeX is a layer 1 network founded in 2017 focus on combining blockchain with the Internet of Things. gives users control over the data their devices generate allowing for “machine-backed DApps, assets, and services”. Your information has value and managing it via blockchain guarantees secure ownership.

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